Answer:
freedom for consumers and producers
competition between businesses
distribution by price
motivated by self-interest
Explanation:
Select all the items that describe a free market economy.
In a free market system ,there is an interaction between the forces of demand and supply. It is a market where prices are determined by private owners not rules and regulations by the government.
Items involved in a free market system are the following
a.freedom for consumers and producers
b. competition between businesses : The competition is free and fair for all
c .distribution by price : Distribution is by commodity prices
d. motivated by self-interest: Free markets is usually motivated by the interest to supply goods and services to meet the needs of the society and in turn, when there is a demand for goods and services, then buyers will show up.
How did the completion of the Transcontinental Railroad affect companies that made products?
A-Companies could hire people who worked in different states.
B-Companies could build factories in the rural West.
C-Companies could expand into the South.
D-Companies could ship goods cheaply over long distances.
Answer:
D) Companies could ship goods cheaply over long distances.
Explanation:
Using the fafsa form, you can apply for?
Steve manages people who take various raw materials and pre-made assemblies and puts them together in a unique product that is sold to retail stores. Steve is involved in?
service creation.
goods creation.
plant management.
manufacturing management.
operations management.
Steve is involved in manufacturing management, where he oversees the production process of transforming materials into finished goods for retail. His role is aligned with operations management, ensuring effective planning and execution of product creation.
Steve is involved in manufacturing management. He manages the process that transforms various raw materials and pre-made assemblies into a unique product that is subsequently sold to retail stores. This involves tasks similar to those of managing an automobile assembly plant, where decisions are made about the type of goods to be produced, like choosing between cars or sport utility vehicles (SUVs). The process of production includes acquiring raw materials, processing them, and then combining them in an assembly to create a finished good, which is part of operations at a manufacturing facility.
Moreover, production tasks involve creating a new building, just as Steve's role entails taking raw materials to create a new product. This is distinct from service creation, inventory management, or plant management in a broader sense. Steve's role clerly aligns with operations management, focusing on the effective planning, organizing, leading, and managing of the production process.
Assume the market for spiral bound notebooks is in equilibrium. All students in public schools need notebooks of some type when they attend classes. For each of the following, explain the possible effects on demand and/or supply and equilibrium price and quantity of spiral bound notebooks using a correctly labeled supply and demand graph with equilibrium price and quantity labeled. Under your hand-drawn graph, list the determinant of supply and/or demand that causes each shift as well as the change in price and quantity.
a) The price of natural gas, a resource used by manufacturers throughout the United States, doubles.
b) The government provides a subsidy for notebook manufacturers.
c) Your income increases and spiral bound notebooks are an inferior good.
Final answer:
Changes in natural gas prices, government subsidies, and changes in income with regard to inferior goods can affect the supply and demand for spiral bound notebooks, resulting in different equilibrium price and quantities.
Explanation:
When investigating how specific events affect the equilibrium price and quantity in the market for spiral bound notebooks, we must consider changes in either demand or supply.
a) If the price of natural gas doubles, it will lead to an increase in production costs for manufacturers of spiral bound notebooks, which in turn can cause the supply curve to shift leftward. This shift indicates a decrease in supply, leading to a higher equilibrium price and a lower equilibrium quantity, assuming demand remains constant.
b) If the government provides a subsidy for notebook manufacturers, their cost of production decreases. This can result in a rightward shift in the supply curve, indicating an increase in supply. The effect would be a decrease in the equilibrium price and an increase in the equilibrium quantity.
c) When your income increases and spiral bound notebooks are considered an inferior good, typical consumer behavior shows that you will buy fewer notebooks as you can now afford to purchase superior goods. This will shift the demand curve for spiral bound notebooks to the left, indicating a decrease in demand, leading to a lower equilibrium price and quantity.
Dr. Ruiz shares equal responsibility and liability with her colleagues in their small business, which is a medical practice. Her business is a A. Limited Partnership B. General Partnership C. Closely held corporation D. Publicly held corporation
which investment is the riskiest but has the potential to earn you the most money
stocks can be risky but make money
A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto the land and try to resell it later for more money. The company decides to build a factory on the land. Any value given up from not choosing the other options is the _____.
The value given up from not choosing other options when a company decides to build a factory on a piece of land is called the opportunity cost.
When a company decides to build a factory on a piece of land instead of using it for other potential purposes like planting crops or reselling it for a higher price, any value that is not realized from those forgone alternatives is known as the opportunity cost. This concept reflects the benefits a company misses out on when choosing one option over others. Since land has several possible uses, the opportunity cost is a vital consideration in business decisions. For example, the opportunity cost of using the land to build a factory is the forgone profit from planting crops or the increased resale value if the land is held and sold later.
According to the following situation below, who has the comparative advantage in producing coffee?
Costa Rica can produce rice, coffee, soybeans, and chocolate. However, because of the climate and land of Costa Rica, coffee is much cheaper and faster to produce. Vietnam can produce rice, coffee, soybeans, and chocolate as well. However, because of the climate and land of Vietnam, rice is much cheaper and faster to produce. Brazil can produce rice, coffee, soybeans, and chocolate as well. However, because of the climate of Brazil, chocolate is much cheaper and faster to produce. The United States can produce rice, coffee, soybeans, and chocolate as well. However, because of the climate of the United States, soybeans are much cheaper and faster to produce.
A. Brazil
B. Vietnam
C. Costa Rica
D. the United States
Answer:
Costa Rica is the correct answer.
Explanation:
The passage explains the different products that are grown in four different countries: Brazil, Vietnam, Costa Rica, and the United States. In this case, we can see that Costa Rica is the correct answer in the following words: "However, because of the climate and land of Costa Rica, coffee is much cheaper and faster to produce." This means that the lower costs provide and advantage in producing coffee.
The amount of money that a worker's compensation claimant can recover
A. Is fixed at federal level.
B. Is preset as established by statute or regulations.
C. Depends on whether the employer carried worker's compensation insurance.
D. Depends on how quickly the claim was filed.
The amount a worker's compensation claimant can recover is predetermined by state statutes or regulations, and varies depending on state law and several factors related to the specific injury and worker's salary.
Explanation:The amount of money that a worker's compensation claimant can recover is not fixed at the federal level. Instead, it is predetermined by state statutes or regulations. This amount can vary based on several factors, including the severity of the injury, the worker's average salary, and other specifics outlined in state workers' compensation laws. Employers are mandated by law to contribute a small percentage of the salaries paid to workers into state-level funds. These funds are then used to pay benefits to workers who are injured on the job. Therefore, the claim amount relies on the state's statutory or regulatory provisions rather than whether the employer carried workers' compensation insurance or how quickly the claim was filed.
What is the discount rate for an $80 music player that is on sale for $68?
a. 12%
b. 15%
c. 68%
d. 85%
"Buy our cell phone with built-in calendar and reminder features! This way you will never forget an appointment while on the go." This advertisement targets your
fears
rituals
emotions
social values
A t account for cash cannot contain any credits. false true
The organic burrito is now on sale and costs 70% of the original price. if the original price was $8.00, what is the sale price?
Which is a certificate of debt issued by corporations and governments?
1. Stock
2. Bond
3. Annuity
For Plato users the answer is B. bond
Why should you always finish reading difficult content?
a. Difficult content is usually covered on the test
b. The content may become more clear as the concept builds upon itself
c. Difficult content usually contains important vocabulary words
d. None of these
Please select the best answer from the choices provided
A
B
C
D
the answer to the question is b
You should you always finish reading difficult content because the content may become more clear as concept builds upon itself .
What is Contents?Contents contains information about an idea or happening that is written by a writer. It gives insight to the idea and help the reader understand what the idea is communicating.
Therefore, the content may become more clear as the concept builds upon itself.
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Who were the first individuals to be hit hardest by the stock market crash and the great depression?
a. bankers
b. investors
c. workers
d. farmers
Answer:
investors
Explanation:
they realized their ideas were vain
What is the most important thing about meeting new contacts
Just took exam the answer is FORMING RELATIONSHIPS
If the price of a product ranges from $59 to $179, the range of these prices is _____
Final answer:
To find the range of the prices from $59 to $179, subtract the lowest price from the highest, which gives us a range of $120.
Explanation:
The range of a set of numbers is calculated by subtracting the smallest number from the largest number. In this case, to find the range of prices from $59 to $179, you would subtract 59 from 179.
Here's the calculation:
The highest price: $179The lowest price: $59Calculate the range: $179 - $59 = $120So, the range of these prices is $120.
Is federal income tax a direct or indirect tax? Explain your response.
Equilibrium can only occur at
one price.
two prices.
three prices.
four prices.
Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. Bank F charges an interest rate of 5.7%, compounded monthly, and requires that the loan be paid off in eight years. Bank G charges an interest rate of 6.2%, compounded monthly, and requires that the loan be paid off in seven years. How would you recommend that Yvette choose her loan?
Answer:
Your answer is vette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
“Compounding frequency” refers to: A How often your interest is calculated and added back into your account B How easily you can add money into your account C What type of interest your account earns D What interest rate you can expect from your account
1. Which of the following is a reason that your company might not want to increase its market share?
A. The market saturation for your product is low.
B. Many of your company's competitors have bad reputations.
C. Your company has a limited capacity for producing your product.
D. The price of your product is very competitive.
2. As a factor of production, how is capital created?
A. By adding land to entrepreneurship
B. By adding human labor to land
C. By removing land from services
D. By using labor to create services
Answer:
1: C) Your company has a limited capacity for producing your product.
2: B) By adding human labor to land
Explanation:
1: Most companies would be very happy and willing to increase their market share since they would sell a larger quantity of products or services. Usually the more you sell, the larger your profits. The only reason why a company might not want to increase its market share, or sell more products or services, is that they have reached their full production capacity. Once a company reaches it full production capacity, they must carry new investments in order to increase it, and that may require a lot of money.
2: capital is not only money, it is mostly machinery, tools, buildings, etc.
And how are machines and tools built?
Humans start to work and they use land (natural resources) to build machines and tools.
Assume that sophie decides to discontinue this product line. by how much will overall company net income change
You receive a college investing kit in the mail from a reputable investment company. this information is _____. reliable unreliable
You receive a college investing kit in the mall from a reputable investment company. This information is reliable. The correct option is a.
What do you understand about investment?An investment can be understood as an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.
An investment always concerns the outlay of some resource today, time, effort, money, or an asset in hopes of a greater payoff in the future than what was originally put in.
For example, an investor may purchase a monetary asset now with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.
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What is the answer to 2/3x8
The answer to the mathematical expression 2/3 multiplied by 8 is 16/3, or approximately 5.33.
The question asks for the result of the expression 2/3 multiplied by 8. To calculate this, you can multiply the numerator (2) by 8 and then divide by the denominator (3). We will approach this step-by-step:
Multiply 2 by 8, which gives 16.Divide 16 by 3.The result of dividing 16 by 3 is 5 with 1 left over, or more precisely, 5 1/3 or approximately 5.33.Therefore, the answer to 2/3 multiplied by 8 is 5 1/3 (16/3) or about 5.33.
The finance function of business includes what types of activities?
It includes all activities that involve money.
Choosing sales and transfer pricing, making capital investment decisions. preparing financial data, such as financial statements, for users outside the company in order to improve sound corporate governance. establishing and maintaining monetary budgets.
The finance function of a firm consists of raising short-, medium-, and long-term capital.
What does a business's financial function entail?The business finance function is responsible for managing the company's finances, the process of getting cash for the company, and the management of how much risk the company should take in order to return a sufficient sum of money to the owner(s).
Owners and managers of small businesses should still have a fundamental understanding of business finance, even if they outsource some of their financial processes.
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Match the type of market structure with each example.
A.Pure competition
B.Near monopoly
C.Monopolistic competition
D.Oligopoly
Computer operating systems
Fast food restaurants
Online auctioning
Car makers
Pure competition is best represented by online auctioning, near monopoly by computer operating systems, monopolistic competition by fast food restaurants, and oligopoly by car makers.
Explanation:The best way to match the type of market structure with each example is:
Pure competition would typically apply to online auctioning. Here, there are many sellers who have similar products. Buyers have many choices and can find competitive prices.Near monopoly closely matches computer operating systems. There are very few players in this market, with one (like Microsoft's Windows) often dominating. Monopolistic competition can be associated with fast food restaurants. In this scenario, many organizations operate in the market offering similar but not identical products. Last but not least, oligopoly describes the situation of car makers. There are few companies and they dominate the market. Their products vary and they strategically react to each other's marketing decisions.Learn more about Market Structure here:https://brainly.com/question/34933730
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Market structures can be matched to examples as follows: pure competition with online auctioning, near monopoly with computer operating systems, monopolistic competition with fast food restaurants, and oligopoly with car makers.
Pure competition: This structure is characterized by many firms producing homogeneous products. An example would be Online auctioning, such as eBay, where numerous sellers and buyers engage in transactions for similar products.Near monopoly: A market structure with a single or dominant firm. An example is Computer operating systems, where Microsoft Windows dominates the market.Monopolistic competition: This involves many firms offering differentiated products. Fast food restaurants are a good example since each chain offers unique menus but competes in the same market.Oligopoly: A market structure powered by a less big firms. Car makers like Ford, Toyota, and General Motors exemplify this since a few companies dominate the automotive industry.Understanding these market structures is crucial to analyzing market behavior and competition.
The safest action to take if someone claiming to be from your bank calls you to ask for account information is to?
J. Cole Went Platinum With No Features
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