John is studying the effects of income on the demand for peppers. Which factors are held constant when using the "ceteris paribus" assumption? Select the correct answer below: income all factors affecting demand, except income all factors affecting demand, including income none of the above
Answers: 3
Business, 21.06.2019 21:20, nonispn606
20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units
Answers: 1
Business, 22.06.2019 10:40, jonnaevans4856
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?
Answers: 1
John is studying the effects of income on the demand for peppers. Which factors are held constant wh...
Biology, 14.04.2021 23:10
Mathematics, 14.04.2021 23:10