Agood or service is said to be scarce when: a. at a price of zero, there will not be enough to satisfy everyone's desire for it. b. it is offered only to high income earners. c. its price is too low. d. it cannot be transported easily. e. no one wishes to purchase it.
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Business, 21.06.2019 20:30
Goods and services that can be used for the same purpose are and goods and services that are used together are
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Business, 22.06.2019 10:40
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?
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Business, 22.06.2019 20:30
When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?
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Business, 22.06.2019 21:50
Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.
Answers: 2
Agood or service is said to be scarce when: a. at a price of zero, there will not be enough to sati...
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