Business, 11.04.2021 21:10 keiracoles
3-4 sentences to answer each question.
1. Why is it necessary to know fixed, variable, and total costs to determine marginal cost?
2. How does prices help us allocate goods and services?
3. What alternative exist to the price system? What challenges does this alternative present?
4. What is the result of a price that is set above the equilibrium price? Below the equilibrium price?
5. How are quantity supplied and quantity demanded affected by changes in prices? Give an example of how these quantities might change if the price decreases?
Answers: 3
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Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a
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17. chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c incorrect which is correct answer?
Answers: 2
Business, 22.06.2019 19:30
John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.
Answers: 1
Business, 23.06.2019 01:00
Lycan, inc., has 7.5 percent coupon bonds on the market that have 8 years left to maturity. the bonds make annual payments and have a par value of $1,000. if the ytm on these bonds is 9.5 percent, what is the current bond price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) current bond price
Answers: 2
3-4 sentences to answer each question.
1. Why is it necessary to know fixed, variable, and total co...
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