None of concord corporation‘s fixed overhead costs can be reduced, but another product could be made that would increase profit contribution by $8000 if the components were acquired externally. if cost minimization is the major consideration and the company would prefer to buy the components, what is the maximum external price that concord corporation would be willing to accept to acquire the 1000 units externally?

answer; is usually (less than) the socially optimal level of consumption;

true basically. have an awesome day ya'll.

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.