Assuming he has $0 in his bank account.
He deposits $124.16 into his account.
0 + 124.16 = 124.16
He then withdraws 58.25 & 450 for bill & rent.
58.25 + 450 = 508.25
Subtract.
124.16 - 508.25 = -384.09
-384.09 is his balance.
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Answer:
$398.05
Explanation:
Took the test
B. social values
C. commercial image
D. grand scale
Answer:
The answer is C: Commercial image
Explanation:
Limit pricing is a strategy used by incumbent firms to deter entry by setting prices low enough to make it unprofitable for a new firm to enter the market.
However, if an entrant's post-entry profits are independent of the pre-entry price charged by the incumbent, then limit pricing will have little to no effect on deterring entry. This is because the entrant's profits are not influenced by the incumbent's pricing strategy. In this case, the entrant will likely enter the market despite the incumbent's efforts to limit price. The incumbent may still choose to use limit pricing as a strategy, but it will not be effective in deterring entry.
It is important for the incumbent to consider other strategies to protect their market share, such as product differentiation or economies of scale, rather than relying solely on limit pricing.
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When there is a sudden decrease in income throughout the economy, it will affect the demand for goods and services. If extra-long twin mattresses are an inferior good, it means that as income decreases, the demand for these mattresses will increase. The correct answer is: inferior; left; fall.
This will cause the demand curve to shift to the left, leading to a fall in the equilibrium price and quantity. This is because when the demand curve shifts to the left, it indicates a decrease in demand, which will cause a decrease in the price and quantity of the good in the market. Therefore, the correct answer is "inferior; left; fall."
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China
Vietnam
Cuba
Answer:
Haiti
Explanation:
A command economy is one where the government controls economic productions. The government owns the factors of production. It is the government that determines what, when, and how much to produce. The government regulates prices, and there is no competition.
Some of the countries that have command economies include Belarus, North Korea, Cuba, Iran, Libya, China, and, Russia
Haiti has a free market economy. It is a developing economy that has many elements of a traditional economy.