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2 years ago

The purpose of ______ is to match supply and demand among the producers and consumers of society as a whole.

1 answer:

7 0

The purpose of Microeconomics is to match supply and demand among the producers and consumers of society as a whole.

<h3>What is microeconomics?</h3>

Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources, and prices at which they trade goods and services.

Examples of microeconomics include:

Supply
Demand
Competition
Prices of goods

Hence, Microeconomics aims at matching supply and demand among the producers and consumers of society as a whole.

Learn more about microeconomics here : brainly.com/question/8648375

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Kodak resisted making changes as the photography environment was moving from chemical to digital processes. Its ___ prevented th

omeli [17]

Answer:

The correct answer is inertia.

Explanation:

Inertia is called in physics the resistance that bodies oppose to modify their state of motion or stillness, either to alter their speed, their course or to stop; although the term also applies to the modifications of your physical state.

A body, thus, requires a force that overcomes inertia to alter its trajectory, which would otherwise adhere to the laws of uniform rectilinear motion, or to initiate a movement, otherwise it would remain at rest. This, of course, considering that there is no rest or rectilinear and uniform movement in the universe, except based on a reference (observation) system. That is why it is preferred to speak of "relative rest."

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3 years ago

This business pays income taxes on the sales of its products each year.<br> This is:

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Explanation:

what is the question??

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2 years ago

Read 2 more answers

Kallie Smith, owner of Flower Hour, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charg

user100 [1]

Answer:

Use the high-low method to determine Flower Hour's cost equation for van operating costs.

total cost = $1,355 + ($0.25 x total miles)

Use your results to predict van operating costs at a volume of 15,000 miles.

total cost (15,000 miles) = $1,355 + ($0.25 x 15,000) = $5,105

Explanation:

Month Miles driven Van Operating Costs

January 15,800 $5,460

February <u>17,300</u> <u>$5,680</u>

March 14,600 $4,940

April 16,000 $5,310

May 17,100 $5,830

June 15,400 $5,420

July <u>14,100</u> <u>$4,880</u>

high cost - low cost = $5,680 - $4,880 = $800

high cost - low cost = 17,300 - 14,100 = 3,200 miles

variable cost per mile = $800 / 3,200 miles = $0.25 per mile

total variable cost when driving 14,100 miles = 14,100 miles x $0.25 per mile = $3,525

total fixed cost = $4,880 - $3,525 = $1,355

total cost = $1,355 + ($0.25 x total miles)

total cost (15,000 miles) = $1,355 + ($0.25 x 15,000) = $5,105

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2 years ago

Purchasing marketable securities with cash will have no effect on a company's acid-test ratio.

slava [35]

Answer:

given statement is true

Explanation:

given statement of purchase marketable security with the cash have not effect on the organization acid test ratio is true because

the cash and marketable security both will be considered for the calculation of acid test ratio and there is not effect

because change by the cash to the marketable securities

so as that given statement is true

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2 years ago

Jorge purchased a copyright for use in his business in the current year. The purchase occurred on July 15th and the purchase pri

ZanzabumX [31]

Answer:

total amortization expense = $5400

so correct option is C) $5,400

Explanation:

given data

purchase price = $67,500

time period = 75 months

months = 6th

to find out

total amortization expense

solution

we get here total amortization expense that is express as

total amortization expense = $\frac{purchase\ price}{time\ period}$ ×months ...............1

put her value we get

total amortization expense = $\frac{67500}{75}$ × 6

total amortization expense = $5400

so correct option is C) $5,400

5 0

3 years ago