subject
Business, 28.07.2019 07:00 mathhelper22

Ahigh-school student, mows lawns for families in his neighborhood. the going rate is $12 for each lawn-mowing service. would like to charge $20 because he believes he has more experience mowing lawns than the many other teenagers who also offer the same service. if the market for lawn mowing services is perfectly competitive, what would happen if raised his price? if kyle raises his price, then all others supplying the same service will also raise their prices. initially, his customers might complain but over time they will come to accept the new rate. he would lose some but not all of his customers. if kyle raises his price he will lose all of his customers.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 19:30
Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.
Answers: 2
question
Business, 22.06.2019 21:00
At present, the united states has an embargo against north korea because a. the two countries have extremely poor political relations. b. north korea will not adopt a capitalist government. c. north korean products are too difficult to use. d. north korea has an embargo on american products. e. products from north korea are in higher demand than american-made products.
Answers: 2
question
Business, 23.06.2019 00:10
During the current year, luis university received a $50,000 gift from an alumna who specified that it must be used to pay travel costs for faculty to attend health care conferences in foreign countries. during the year the university spent $8,000 to support travel to a health care conference in italy. the $8,000 disbursement will cause a net decrease in which class of net assets?
Answers: 1
question
Business, 23.06.2019 09:50
The goal of an economist who formulates new theories is to a. provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b. provoke stimulating debate in scientific journals. c. contribute to an understanding of how the world works. d. demonstrate that economists, like other scientists, can formulate testable theories.
Answers: 1
You know the right answer?
Ahigh-school student, mows lawns for families in his neighborhood. the going rate is $12 for each la...
Questions
question
Chemistry, 06.12.2019 02:31
Questions on the website: 13722359