subject
Business, 07.07.2019 23:00 kaylonjohnwell23

In a price system, changes in prices a. make it difficult for the economy to function well. b. signal to consumers that some goods are relatively more or less scarce. c. signal to policymakers what goods should and should not be taxed. d. imply that people have made mistakes in the past. click to select your answer and then click check answer. all parts showing clear all check answer

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, aylineorozco836
Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:
Answers: 3
image
Business, 21.06.2019 21:30, tonta22
Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.
Answers: 3
image
Business, 22.06.2019 07:30, yoyoho6218
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
image
Business, 22.06.2019 19:00, whitbol
The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
Answers: 1
You know the right answer?
In a price system, changes in prices a. make it difficult for the economy to function well. b. signa...

Questions in other subjects:

Konu
Business, 27.06.2019 14:30