Tariff C
Taxes took the test before
Answer:
The correct answer is the option C: anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need.
Explanation:
To begin with, according to the American Marketing Asociation or A.M.A. a product is known as the combined characteristics that allow the thing to be used for another person after been sold to that person. Therefore that it is understood that a it can be everything that can be sell to a customer in order to satisfy a want or need, so that means that any idea, product, service, design or a combination of all can be a ''product'' according to their definition of it.
The total producer surplus for the two firms is : $1.60
($2.50 - $1.65) + ($2.50 - $1.75) = $1.60
Answer:
Number = 1,490
Cost of goods available for sale = $75,200
Explanation:
Computing the number as:
Number = (Beginning inventory + Purchases + Purchases) - Sales
Number = (1,220 + 310 + 270) - 310
Number = 1,800 - 310
Number = 1,490
Computing the cost of goods available for sale as:
Cost of goods available for sale = Total cost of beginning inventory + Total Cost of purchase + Total Cost of purchase
Cost of goods available for sale = $17,600 + $27,900 + $29,700
Cost of goods available for sale = $75,200