Consider the following statements:
a. consumers buy more mp3 players from an electronics stor...
Business, 11.09.2019 19:30 aliyahaliyah54
Consider the following statements:
a. consumers buy more mp3 players from an electronics store that sells mp3 players at a lower price than other rival electronics stores in the area.
b. schools take steps to increase security since they believe it is more costly to allow vandalism than to hire additional security guards.
c. citrus growers produce more oranges when the selling price of oranges falls.
which of the above statements demonstrates that economic agents respond to incentives?
Answers: 3
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Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?
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3. describe the purpose of the sec. (1-4 sentences. 2.0 points)
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Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?
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Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as
Answers: 2
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