"When the average cost pricing by mode (ACM) rule is used, prices are equal to the sum of financial costs of that mode divided by its total volume"+ Is this pricing approach efficient? If yes, then explain why. If it is not efficient,+ what are major drawbacks of this pricing rule and how they can be corrected?-

Q: Practice Haddie makes and sells knit scarves. N she will pay a $25 fee for the use of a at a craft…

A: Profit is the difference between total revenue and total cost.  Total revenue is the product of…

Q: The table shows a private open economy. All figures are in billions of dollars. Real GDP C+ lg Net…

A: The real GDP refers to the total goods and services produced in an economy in a given fiscal…

Q: I also need help with C and D

A: The advertisement cost is a sunk cost, and this is exceptionally prominent in the oligopoly market.…

Q: How was TVC calculated?

A: TVC is total variable cost in a cost structure of a model. Total variable cost is showing the…

Q: What does the total revenue represent?a

A: The income generated from normal commercial activities can be demarcated as revenue.

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: How are the annual revenues and expenses estimated?

A: The annual revenue can be estimated by multiply the units of goods and services sold to the price…

Q: What is transport infrastructure

A: Infrastructure is organisational structure which is required for the societal operation.

Q: What is GST in Canada? How does it works? and it's Importance?

A: The Goods and Services Tax (GST) in Canada is a value-added tax introduced by the federal government…

Q: The table represents the labor hours needed to make a bottle of wine or a pound of cheese in the…

A: When a nation is in a position to produce one commodity with an opportunity cost that is lesser than…

Q: What about 2& 3?

A: In an economy, an individual will make his consumption decision based on his preferences and that…

Q: d C b a U 0 30 50 75 W 100

A: Step 1:I would rather win a gift card so I can get whatever I want; it would depend on the gift…

Q: The EPA says the value of a human life is $9.4 million, measured from birth to death. If life…

A: According to the information given, the value of a human life is $9.4 million measured from birth to…

Q: Renting would be better than buying for an individual who does not want to need to pay for…

A: Renting - Renting is the amount paid for using the property and this use can be for personal…

Q: allon) $2.20 $2.00 $1.80 $1.60 $1.40 $1.20 $1.00 D i. 300 400 500 600 700 800 Quantity of Gasoline…

A: Disclaimer :- since you asked multipart questions we are solving first 3 subparts as per given…

Q: IF DISTRIBUTORS GET 55 MILLION HOW VALUE CAPTURED IS 330 MILLION ?

A: When distributors receive 55 million, the value captured of 330 million can be understood through…

Q: You buy a watch that costs $45.50. The tax on the watch is 7.5%. What is the final cost?

A: Given: The cost of the watch is = $45.50 The tax on the watch is = 7.5% To Find: The final cost:

Q: What is land property

A: Land: It refers to the asset of the people. More land with the people shows that are rich. The less…

Q: Is it rational to buy more of something if the price goes up? Why or Why Not?

A: Rational: In the context of economics and decision-making, being rational means making choices and…

Q: How any coffee shop could be CSR?

A: Corporate social responsibility (CSR) refers to a kind of worldwide private corporate…

Q: What are the two kinds of Indian budget?

A: Introduction - The French word "bougettee," from which the English word "budget" is derived, refers…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: You have 5 kids and work 2 jobs to help support your family. You work a day job from 8:00 am to 4:00…

A: Production possibility frontier is a graphical representation that shows different possible outcomes…