Suppose that towns collect resources from their surroundings. then, through trade, they attempt to obtain other desirable items. mortarville, an urban town that specializes in brick and ore, wants wood to build roads so that it can expand and connect to other major cities. mortarville has a willingness to pay $50 $50 for wood, since wood is hard for them to obtain. mayflair also needs wood to build grain silos for their wheat harvests. mayflair is willing to pay $45 $45 for wood. timber, the only foresting company, sets the price of wood at $60 $60 . the change in total surplus that arises due to trades between timber and the towns is
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Business, 22.06.2019 10:40
Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?
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Business, 22.06.2019 19:00
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
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Business, 23.06.2019 01:30
The stock market is -the section of the newspaper where you learn how much a stock is worth -a place where you buy and sell stock -an organized way for people to buy and sell stocks -the same as a brokerage firm
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Business, 23.06.2019 02:30
For the year ended december 31, 2019, davidson mart had sales of $ 550 comma 000 and cost of goods sold of $ 412 comma 500. davidson estimates that approximately 2% of the merchandise sold will be returned. the adjusting journal entry on december 31, 2019, would include a
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Suppose that towns collect resources from their surroundings. then, through trade, they attempt to o...
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