Aconstant-cost industry is one in
a. a higher price per unit will not result in an increased...
Business, 29.11.2019 06:31 taleiayarbough4544
Aconstant-cost industry is one in
a. a higher price per unit will not result in an increased output.
b. if 100 units can be produced for $100, then 150 can be produced for $150, 200 for $200, and so forth.
c. the demand curve and therefore the unit price and quantity sold seldom change.
d. the total cost of producing 200 or 300 units is no greater than the cost of producing 100 units.
Answers: 1
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With only a part-time job and the need for a professional wardrobe, rachel quickly maxed out her credit card the summer after graduation. with her first full-time paycheck in august, she vowed to pay $270 each month toward paying down her $8 comma 368 outstanding balance and not to use the card. the card has an annual interest rate of 18 percent. how long will it take rachel to pay for her wardrobe? should she shop for a new card? why or why not?
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