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Economics - Financial Markets 14 Online
OpenStudy (anonymous):

Use this image to answer the following question. What is the most efficient price in dollars that the firm should charge for each jacket? 18 17 16 15

OpenStudy (anonymous):

razor99 (razor99):

um did u calculate marginal revenue,marginal cost and profit or loss

OpenStudy (anonymous):

No i don't even know how to do that im a beginner at economics

razor99 (razor99):

hold on it will take a minute okay

OpenStudy (anonymous):

okay i'll be here..

razor99 (razor99):

so um hold on okay

OpenStudy (anonymous):

ok (:

razor99 (razor99):

i think its 18 lol

OpenStudy (anonymous):

The most difficult form of business organization to start and stop is the limited liability company. sole proprietorship. corporation. partnership.

razor99 (razor99):

coporation

OpenStudy (anonymous):

A grocery store owner may choose to remain a sole proprietorship because he most likely wants help with decision making. to open more stores. to keep all the profit. financial guidance. i marked c

razor99 (razor99):

yea that is the answer well done

OpenStudy (anonymous):

Assets include valuable physical goods. taxes owed for business. capital investments. business profits. i marked A

razor99 (razor99):

awesome :D

OpenStudy (anonymous):

A restaurant owner might choose to incorporate her business because she wants to keep all the restaurant’s profits. open additional restaurants. increase her liability. decrease production. i marked B

razor99 (razor99):

Brilliant u said u were a beginner but u are great

OpenStudy (anonymous):

The most expensive form of business organization is the limited liability company. sole proprietorship. corporation. partnership. i marked C

razor99 (razor99):

yep

OpenStudy (anonymous):

"Buy our cell phone with built-in calendar and reminder features! This way you will never forget an appointment while on the go." This advertisement targets your fears. rituals. emotions. social values. i skipped this one but wouldnt it be B

razor99 (razor99):

yea i am not sure with that i think ur guseese are corect

OpenStudy (anonymous):

The greatest goal in advertising is to convince us "wants" are unnecessary. the firm has the best price. a particular product is a "need." the product is the same as other firm’s products. i marked C

razor99 (razor99):

yea

OpenStudy (anonymous):

An example of nonprice competition targeting our fears, social values, and rituals is sales promotions. customer service. advertising. coupons. i didn't get this one

razor99 (razor99):

customer service

razor99 (razor99):

i think not 100 percent sure

OpenStudy (anonymous):

"Don’t be like John, who had no health insurance when he needed emergency surgery. We make health insurance easy and affordable." This advertisement targets your fears. rituals. emotions. social values. i marked A

razor99 (razor99):

yea oh srry gotta go bye

razor99 (razor99):

just trust yourself

OpenStudy (anonymous):

):

OpenStudy (anonymous):

"Buy our cell phone with built-in calendar and reminder features! This way you will never forget an appointment while on the go." This advertisement targets your It is NOT rituals. I got mixed up on something

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