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- Describe the various cost components that affect the retailgasoline price?What is the difference between a price analysis and a cost analysisThe cost of the average consumer’s basket of goods and services in 2018 is roughly 10 times what it was in 1950. In other words, what the average consumer bought for $100 in 1950 would cost a consumer $1,000 in 2018. Does this mean that the purchasing power of the average consumer is one-tenth what it was in 1950? Explain your reasoning.
- The global microchip shortage is causing significant price increases for both new and used vehicles (and for a wide variety of other consumer products). Does this necessarily mean that the revenues earned by chip manufacturers will be up? Why or why not?Jordan is calculating the worth of a computer by comparing its costs and benefits, including quality, relative to similar laptops. In Jordan’s view, it is often worth it to spend a little more to obtain a product with higher performance. What is Jordan calculating?Can you give an example of cost-savings?
- Plz solution fast I give ???What does it mean that “ideally, utilization should be limited by demand and not setup or down time”? Would it happen in a push or pull system?You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. Recently, you saw that StubHub was listing similar seats for $225 apiece. What does it cost you to attend the concert?