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2 years ago

Your store sells four varieties of 20 oz. sodas costing $1.25, $1.45, $1.10 and 1

Business

1 answer:

-Dominant- [34]2 years ago

4 0

The mean is the average.

Add the 4 prices together and then divide by 4.

1.25 + 1.45 + 1.10 + 1.32 = $5.12

5.12 / 4 = 1.28

The mean price is $1.28

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In a competitive market, a furniture company decides to use cheaper materials to decrease production costs and pass on the savin

Svetradugi [14.3K]

Answer:

Lowering the prices for customers

Explanation:

Competitive market is the market where there are many producers are competing with each other in order to provide or offer the goods and services needed to the consumer or customers.

So, in this market, the furniture company plans to use the cheaper materials in order to decrease the production costs and also pass the savings. This would be an example of the lowering or decreasing the price for the customers, which in turn increase the sales of the business.

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3 years ago

Reese and Janelle own a boutique in the United States. Recently they took a trip to China and while there, the couple purchased

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Super market and check in making. Sense

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3 years ago

Pick some number between $500 and $1500 and assume that the MPC for that state is 0.75. Estimate the total impact on the economy

lana66690 [7]

Answer:

$750

Explanation:

If I pick $1,000, and the Marginal Propensity to Consume (MPC) is 0.75, it means that while travelling the state, I will have spent $750 on goods and services either produced and traded in that state, or only traded in that state (while having been produced in other place). This is the total impact that I will have made on the economy of this state.

The remaining $250 that I will have saved will only impact the economy of the state if I deposit or invest the money in a financial institution located in the state. If instead, I invest those saving in some other state, or put the money under the mattress in my house (located in another state), my savings will not impact the economy of the state in any way whatsoever.

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3 years ago

The organizational pattern that presents the main points of a speech forward in a systematic, time-related fashion is named the

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Chronological

Hope it helps :)

3 0

2 years ago

Coy, Inc. initially issued 200,000 shares of $1 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20,000 shares

Verizon [17]

Answer:

$100,000

Explanation:

The issue of original shares are at premium of $4 per share.

As $1 + $4 = $5 $\times$ 200,000 = $1,000,000

When 20,000 shares were repurchased, there price would be $200,000/20,000 = $10 per share.

Now from this 10,000 shares are sold for $160,000, at a price of $160,000/10,000 = $16 per share

Balance in treasury account will be $200,000 - $10,000 $\times$ $10 = $100,000

The extra amount received of $6 = $16 - $10 is paid in capital and shall not reduce the balance of treasury account.

4 0

3 years ago