What conditions zero would be the equilibrium quantity
explain under what conditions zero would be the equilibrium quantity? if a market is in equilibrium is ti neccesarily true that all buyers and all sellers are satisfied with the market price? explain.
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Go Blue products, a rapidly growing distribution of home gardening equipment, is formulating its plans for 2013. Daniel Goldschlager, the firms marketing director, has completed the following sales forecast.
Use the ideas of consumer surplus and produces surplus to explain why economists say competitive markets are efficient. Why are below-or above equilibrium levels of output levels inefficient, according to the two sets of ideas?
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What is the ideal relationship between knowledge of costs and knowledge of revenues for a firm? In your response, explain and justify your conclusions and provide examples to support such conclusions.
Prepare in general journal form all entries necessary on the consolidated statements workpapers to eliminate the effects of the intercompany sales for both 2011 and 2012.
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