Ask Question
BusinessBusiness
1 January, 01:44

A seller is willing to sell a product only if the seller receives a price that is at least as great as the ... ?

a. seller's producer surplus.

b. seller's cost of production.

c. sellers profit.

d. average willingness to pay of buyers of the product.

+3
Answers (2)
  1. 1 January, 04:27
    0
    "B"

    Explanation:

    The sole aim of every business is for profit making as no trader wishes to trade and make loss. He will need to ensure the sustainability of his business into a foreseeable future.

    For profit to be made, a seller sells its goods and services at the cost price plus a decided mark up price

    The least price that a seller can sell its goods, under normal market condition is the seller's cost of production. With this, he can still keep the business running and avoid insolvency
  2. 1 January, 04:59
    0
    I believe its letter B
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A seller is willing to sell a product only if the seller receives a price that is at least as great as the ... ? a. seller's producer ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is an advantage of selling your old vehicle yourself rather than trading it in on a newer vehicle? A. You can probably get more money for it if you sell it yourself. B. You save money on sales taxes in most states. C.
Answers (1)
What amount would a person with actual cash value (ACV) coverage receive for two-year-old furniture destroyed by a fire? The furniture would cost $10,900 to replace today and had an estimated life of five years.
Answers (1)
Which of the following is not an advantage of the corporate form of business organization? Easy to raise funds. Easy to transfer ownership. No personal liability. Favorable tax treatment.
Answers (1)
acquired 20600 shares of its own common stock at $18 per share on February 5, 2020, and sold 10300 of these shares at $25 per share on August 9, 2021.
Answers (1)
Tom works at a company that has a closed shop arrangement. in which industry does tom most likely work
Answers (1)
New Questions in Business
A corporation gives out its profits as dividends paid to whom? A. Board of directors B. Partners *C. Stockholders D. Employees
Answers (1)
Bloom and Co. has no debt or preferred stock it uses only equity capital, and has two equally sized divisions. Division X's cost of capital is 10.0%, Division Y's cost is 14.0%, and the corporate (composite) WACC is 12.0%.
Answers (1)
Pharmco incurred the following costs while manufacturing its product: Materials used in production, $120,000; factory depreciation, $60,000; property taxes on the administrative offices, $12,000; labor costs of assembly-line workers, $95,000;
Answers (1)
GreenRain Corp. faces an increase in employee turnover rate. The CEO calls for a board meeting with the senior executives to discuss the issue.
Answers (1)
Which of the following is a reason for product failure in a firm? Group of answer choices Resorting to radical innovation with the new products process Avoiding the use of the ready - fire - aim approach in the product development process Chasing a
Answers (1)
Home » Business » A seller is willing to sell a product only if the seller receives a price that is at least as great as the ... ? a. seller's producer surplus. b. seller's cost of production. c. sellers profit. d. average willingness to pay of buyers of the product.
Sign Up Forgot Password?