Answer:
The price is determined by government intervention and dictated to buyers anti sellers each buyer and teller knows it it illegal to conspire to affect price.
Explanation:
A perfectly competitive firm is a price taker, which implies that it must acknowledge the equilibrium price at which it sells products. In the event that a perfectly competitive firm attempts to charge even a modest sum more than the market price, it will be not able make any sales.
To function as money, something must hold its purchasing power over time. That is, it must be a Answer - (A.) Store of value. Explanation - The one of the main function of money
The percentage decline in the US GDP from 1933 to 2009 is 26.4%.
<h3>What is the percentage change in
US GDP?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
Percentage change in GDP = (778/1057)- 1 = 26.4%
To learn more about GDP, please check: brainly.com/question/15225458
Answer:
The total reported inventory value is $1,130.
Explanation:
Note: The data given the question are sorted and presented properly as follows:
<u> Selling Price </u> <u> Cost </u>
Large animals:
Cattle $320 $160
Horse 400 400
Small animals:
Cat $360 $320
Dog 120 90
Exotic pets:
Ferret $140 $112
Iguana 70 48
Based on the lower of cost and net realizable value rule, we select the lower and determine the reported inventory value as follows:
<u>Details Value ($) </u>
Large animals:
Cattle 160
Horse 400
Small animals:
Cat 320
Dog 90
Exotic pets:
Ferret 112
Iguana <u> 48 </u>
Total value <u> 1,130 </u>
Therefore, the total reported inventory value is $1,130.
<span>Long ago in a distant land, I, Aku, the shapeshifting Master of Darkness, unleashed an unspeakable evil! But a foolish Samurai warrior, wielding a magic sword, stepped forth to oppose me. Before the final blow was struck, I tore open a portal in time and flung him into the future, where my evil is law! Now the fool seeks to return to the past, and undo the future that is Aku</span>
