Park corporation is preparing a bid for a special order that would require 780 liters of material sun100. the company already has 580 liters of this raw material in stock that originally cost $6.80 per liter. material sun100 is used in the company's main product and is replenished on a periodic basis. the resale value of the existing stock of the material is $6.05 per liter. new stocks of the material can be readily purchased for $7.15 per liter. what is the relevant cost of the 780 liters of the raw material when deciding how much to bid on the special order?

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. true or false

Select the correct answer. which is a benefit of planning for your future career? a. being less prepared after high school. b. having higher tuition in college. c. earning college credits in high school. d. ruining your chances of having a successful career.