The administration of upstream and downstream association's with providers and clients to convey better incentive at less cost than the inventory network all in all.
Answer:
The tickets cost $208.74
Explanation:
The exchange rate is an indirect quotation from the dollar's perspective if dollar is considered to be the domestic currency.
We know that $1 = 0.618 pound
If the price of the ticked is 129 pounds, to convert it to dollars, we need to divide the pound amount by the exchange rate of dollar to pound.
Thus, 129 pounds in dollar are,
129 / 0.618 = $208.7378 rounded off to $208.74
The operations process for what
Answer:
A) the marginal buyer's willingness to pay for the 100th unit of the good is $25.
Explanation:
Microeconomics basically works on the margin, it studies marginal costs, marginal revenue, marginal prices, marginal demand, marginal supply, etc. The margin measures the effect of one additional unit: either sold, consumed, produced, etc.
In this case, the marginal price of the 100th unit of the good is $25, that means that a buyer (you can call him a marginal buyer) will be willing and able to pay $25 for that specific unit of the good.
That doesn't mean that the price of the good is constant, both the supply and demand of goods are curves, because the marginal demand constantly changes depending on the marginal price and the marginal utility produced by consuming the extra unit of the good. On the other hand, the marginal changes depending on the marginal costs of producing that good, and the marginal revenue expected to be earned by selling that additional unit.
Answer:
Explanation:
(C) The price of potato chips would rise.
