Answer:
units
Explanation:
Units Unit Cost Total Cost
April 1 inventory 250 $28 $ 7,000
April 15 purchase 350 34 11,900
April 23 purchase 400 36 14,400
1,000 $33,300
Answer:
tak faham bagi la soalan penuh
Answer:
a) all trades that can generate gains from trade take place, and no trades take place that would not generate gains from trade.
Explanation:
When we draw the demand and supply curve, the point in the curve where both meet shows that the market is in a state of equilibrium.
The price is the equilibrium price and the quantity is the equilibrium quantity. Prices would become stable at this point. At this point every trade that would bring about gains from trade would take place. There would be no trade in the market equilibrium that would not generate gains from trade. This is because the market equilibrium is an optimum point for trade for either party, that is the buyer and the seller.
