describe two benefits you enjoy because of free market system

Answers

Answer 1

 (A) lower prices for goods and services.

(B) higher-quality goods and services for the consumer.


Related Questions

Observing the distribution of goods and services to competing groups and understanding how society chooses to employ resources in this process is the study of:_______.

Answers

Answer:

Observing the distribution of goods and services to competing groups and understanding how society chooses to employ resources in the process is the study of economics.

Explanation:

Economics is the investigation of how social orders utilize scant assets to create significant products and disperse them among various individuals.

The distribution of goods and services to competing groups and understanding how society chooses to employ resources in the process is the study of economics.

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When the time comes for a group of people eating together at a restaurant to pay their bill, sometimes they might agree to split the costs equally and other times will pay individually. If this decision were made in advance, would it affect what they order

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Explanation:

When the time comes for a group of people eating together at a restaurant to pay their bill, sometimes they might agree to split the costs equally and other times will pay individually. If this decision were made in advance, would it affect what they order

FINRA is a government agency with mandate to protect America's investors by making sure the securities industry operates fairly and honestly.

a. True
b. False

Answers

I believe the answer is true

if the supply of a product decreases we would expect

Answers

Answer:

The supply wouldn't sell as good because they don't have the product

Explanation:

Which statement below best represents the technological environment of business?
a. Because service businesses employ approximately 86 percent of the nation's workforce, we now have a
service economy
O b. Every day, business owners must figure out what makes their business successful and how the goods and
services they provide are different from the competition.
O c. Many businesses are now using social media to provide customers with information about products and
services,
O d. Both small and large business firms reduced both spending and hiring new employees during the last
recession because of the nation's unstable economy.
e. There are many "potential customers in developing nations that will buy goods and services manufactured
by U.S. firms

Answers

Every day, business owners must figure out what makes their business successful and how the goods and services they provide are different from the competition.

The statement b is the correct one and best represents the technological environment of business, since a technological environment in organizations is one whose knowledge development generates creative innovations that improve a company's products and services.

Technology affects the operationalization as a whole, bringing more solutions and differentiation to a company, which is essential for companies to survive in the long term in a competitive and globalized environment.

So business owners must find out what makes their businesses successful and how products and the services they provide are different from those of the competition.

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importance of having a business plan to ensure the success of a business​

Answers

Answer:

The importance of a business plan is to help plan out how you want a business to go and to also show how to get around or through obstacles.

Crane Company had these transactions during the current period.
June 12 Issued 79,500 shares of $1 par value common stock for cash of $298,125.
July 11 Issued 3,650 shares of $105 par value preferred stock for cash at $113 per share.
Nov. 28 Purchased 3,200 shares of treasury stock for $8,800.
Prepare the journal entries for the Crane Company transactions shown above.

Answers

Answer:

c

Explanation:

Naomi plans on saving $3,000 a year and expects to earn an annual rate of 10.25 percent. How much will she have in her account at the end of 45 years

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D. $2,333,572

To find the future value of annuity ordinary the formula is

Fv=pmt [(1+r)^(n)-1)÷r]

Fv future value?

PMT payment per year 3000

R interest rate 0.1025

N time 45 years

So

Fv=3,000×(((1+0.1025)^(45)−1) ÷(0.1025))=

$2,333,571.66

Good luck!

At an output level of 50 units per day a firm has average total costs of $60 and average variable costs of $35.
Its total fixed costs are:_______.
A. $925.
B. $1,250.
C. $1,750.
D. $3,000.

Answers

I believe it is C but not sure

(5) Explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and Triple bottom line TION 2: HUMAN RIGHTS Read the scenario below and answer the questions that follow HAMELN CONSTRUCTIONS LIMITED (HCL) Hameln Constructions Limited is a large company that has hired many employees. HCL ensures that there is an open communication channel between senior management and employees. They also observe their employees right to participate in a legal strike 2.1.1 Identity TWO categories of rights that HCL promotes. Motivate your answer by quoting from the scenario above Use the table below as a GUIDE to answer QUESTION 211. CATEGORIES OF RIGHTS MOTIVATIONS 2 12 Suggest ONE other way in which HCL can deal with any of the category of rights​

Answers

Answer:

call BBC xffguohgucudogzjfuritkgkta ovmxfv

Compared to the equilibrium price and quantity sold in a competitive market, a monopolist will charge a ________ price and sell a ________ quantity. Group of answer choices higher; smaller lower; smaller higher; larger lower; larger none of these options is correct.

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Answer:

Will charge a higher price

Dell a smaller higher

Your daughter will be going to college in three years. Tuition fees are estimated at
$30,000 million a year for four years, payable at the beginning of each year. To estimate whether you have set aside enough money, you ignore possible inflation in tuition payments and assume that you can earn 8 percent annually on your investments. Suppose you would like to have enough money to fund her 4-year education at the time she starts college, how much should you set aside now to cover these payments?

Answers

Answer:

107312.91 million

Explanation:

[tex]30000*(1.08)*(\frac{1-(1+.08)^{-4}}{.08})=107312.9096[/tex]

The principal assets of commercial banks are:

Answers

loans (business loans, mortgages, and consumer loans), investment securities, cash, and other assets.

what is the importance of salesmanship​

Answers

Answer:Salesman helps the consumers in making the right decision and proper selection of the products which they want to buy.

Explanation:

Answer:

A salesman educates and guides consumers. They help consumers make the right decisions and proper selection of the products they want to buy. Salesmanship increases the rate of turnover, hence reducing unsold stock.





The assets of Star Company are $170.000 and the total liabilities are $10,000. The equity is

Answers

160,000

Explanation:

160,000

A necessary condition to use the equity method of reporting for an equity investment is that the investor company must
a. have the ability to exercise significant influence over the operating and financial policies of the investee.
b. own at least 30% of the investee's voting stock.
c. possess a controlling interest in the investee's voting stock.
d. not have the ability to exercise significant influence over the operating and financial policies of the investee.

Answers

The answer would be a. Have the ability to exercise significant influence over the operating and financial policies of the investee

Which sources would likely be a good starting point when beginning research on a topic that you do not know well?

Answers

Reference sources are helpful when you are just beginning to learn about a topic and need general information. Examples of these include dictionaries and encyclopedias.

When you are just starting to study about a subject and require general information, reference materials might be helpful. Encyclopedias and dictionaries are a couple of examples of them.

What is an Encyclopedia?

An encyclopedia is a work of reference or a compendium that offers summaries of information that is generic or unique to a certain topic or discipline. Encyclopedias are broken up into sections called articles or entries that are listed in alphabetical order by the article's title or by subject categories, or else are hyperlinked and searchable by random access. In comparison to most dictionaries, encyclopedia entries are lengthier and more in-depth. Generally speaking, encyclopedia entries concentrate on linguistic information about words, such as their etymology, meaning, pronunciation, use, and grammatical forms, as opposed to dictionary entries, which concentrate on factual information about the subject specified in the entry's title.

In the 18th century, the dictionary served as the foundation for the modern encyclopedia. Both encyclopedias and dictionaries have historically been researched and published by educated, knowledgeable content experts, yet they differ greatly in format.

What is a dictionary?

A dictionary is a list of words and their definitions in alphabetical order. Dictionary assist users in looking up meanings to gain a deeper comprehension of a word as well as a broader comprehension of a language or subject. Although there are hundreds of free online dictionaries available, many computers do not come with an electronic dictionary. A dictionary essentially has a list of terms together with information on each one. The list might make an effort to be an exhaustive inventory of a language or it might merely cover a tiny portion of it. A glossary is a common name for a brief list that occasionally appears at the end of a book. A concordance is a word list that serves as an index to a small body of work and includes references to each passage. Theoretically, a good dictionary may be created by compiling numerous concordances into a single list. A gazetteer is a word list that exclusively contains geographical names.


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Management accounting guidelines. For each of the following items, identify which of the management accounting guidelines applies: cost-benefit approach, behavioral and technical considerations, different costs for different purposes.
1. Analyzing whether to produce a component needed for the end product or to outsource it.
2. Deciding whether to compensate the sales force by straight commission or by salary.
3. Adding the cost of store operations to merchandise cost when deciding on product pricing, but only including the cost of freight and the merchandise itself when calculating cost of goods sold on the income statement.
4. Considering the desirability of purchasing new technology.
5. Weighing the cost of increased inspection against the costs associated with customer returns of defective goods.
6. Deciding whether to buy or lease an existing production facility to increase capacity.
7. Estimating the loss of future business resulting from bad publicity related to an environmental disaster caused by a company's factory in the Philippines, but estimating cleanup costs for calculating the liability on the balance sheet.

Answers

Key guidelines on accounting management allow accounting professionals can deliver value to their company's strategy and operational judgment. The criteria for key management accounts are:

Employing an approach to costs and benefits:

                Helps accounting examine allocation decisions such as buying

                 and buying; buying vs. buying.

Considerations of compliance and technology:

            Technical considerations allow managers to take perv financial                    

            choices through the dissemination of data in the required format;        

            behavioral factors allow managers to give their colleagues

             thorough information to guide people in improving their skills.

Various costs in various applications:

            In certain scenarios, management accountants will explore

            adopting alternative ways to cost computing. The rationale is

            because cost concepts are interpreted differently relying upon the          

            end-use purposes.

Approach to cost advantages:

       This can be a useful tool for visualizing the impact and effects

        of the action.

Approach to cost advantagesApproach to cost advantagesConsiderations of compliance and technology

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Nico has a net worth of $150,000. Nico sold all of his assets for cash and used that cash to pay off all debts and obligations. In theory, how much cash would remain with Nico

Answers

The cash that should remain with Nico is $150,000.

The following information should be considered:

Net worth represents the wealth of an individual & company.It shows a difference between the assets & liabilities.

Given that,

The net worth is $150,000.As the assets are sold for cash and used to pay off the debts.

Therefore we can conclude that the cash that should remain with Nico is $150,000.

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WILL GIVE BRAINLIST
Macroeconomics looks at long-run economic problems while microeconomics examines short-run economic problems.
O true
O false

Answers

Answer:

true

Explanation:

have a good day !!!!!!

The company's bank reconciliation at June 30 included interest earned in the amount of $150. Complete then by selecting the account names and dollar amounts from the drop-down menus. View transaction list Journal entry worksheet > < 1 The company's bank reconciliation at June 30 included interest earned in the amount of $150. Complete the necessary journal entry by selecting the account names and dollar amounts from the drop-down menus. Note: Enter debits before credits General Journal Debit Credit Dato June 01 Record entry Clear entry View general Journal

Answers

Answer:

0

Explanation:

you can use 150-150 because it's an amounts of$150

Answer:

$150 credit   and to find debt first you would enter all these values into your calculator by filling in original balance in replace of 0000.00 x 0.00 interest

000.000 x 0.00 interest

and enter percent in replacement  to the last zero if  0-9

and 2nd from last zero if 10 - 99 %

ie) 4%  is 0.04 for 4% debt

for credit 4$ is 1.04

You are the sales manager for a company that sells many types and sizes of rock and gravel to construction, landscaping, and retail clients. Because the profit margins are razor-thin, you need to ensure that you are getting the very best prices from the quarries. When reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. To enact the controlling management function, what would you do next?

Answers

Answer:

Redirect the strategic goals of the business to begin selling power tools

Explanation:

We must make an inspiring message to inspire the workforce to enhance her efforts throughout the comparative offering procedure to perform the controlling managerial functions.

To inspire staff to enhance efforts to make competitive tenders need, according to my view, be accomplished as more than just a consequence of financial outcome since the profitability is small. It must be based on slack perceptions of workers.Management seems to have the obligation to encourage workers, to somehow be actively involved, and to recognize the significance of competitiveness offering.

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Coca Cola and PepsiCo approach international growth differently. Coca Cola is the world's largest snack-food producer and relies on overseas sales to make up for slower sales volumes in North America. In contrast, PepsiCo which is less diversified, derives only 32% of it sales from North America, an indication of the importance of international markets to its performance.
A. True
B. False

Answers

I think this answer was false

what an example of current Marketing situation of a business or service​

Answers

It’s difficult for companies to market their movies since many people aren’t visiting theatres with Delata variant going on. Companies like Disney/Marvel recognise this and teased their “Black Widow”movie to Disney plus for people who refused to go to the theatres.

Suppose the equilibrium price for bicycle tires is $42 but the market price falls to $37. Jerry is still able to make a profit at this lower price, so he stays in business. Anat, who was able to make a small profit by selling tires at $42, goes out of business as prices fall. Madison bought the tires at the higher price from Anat and is delighted to buy them at a lower price from Jerry. Marcus, who previously did not purchase tires, is willing to pay the lower price, so he buys new tires from Jerry. Which individual's situation contributes to a reduction in total surplus

Answers

Answer:

Anat's actions

Explanation:

Normally, if interest rates rise, the value of Master Limited Partnership (MLP) units will also rise in value.
a. True
b. False

Answers

A. True. Is the answer. I’m doin this for the characters

Required information Skip to question [The following information applies to the questions displayed below.] Assume you are the president of High Power Corporation. At the end of the first year of operations (December 31), the following financial data for the company are available: Accounts Payable $ 32,800 Accounts Receivable 10,600 Cash 14,000 Common Stock 59,790 Dividends 2,020 Equipment 86,000 Notes Payable 1,550 Operating Expenses 59,100 Other Expenses 7,920 Sales Revenue 91,200 Supplies 5,700 Required: Prepare an income statement for the year ended December 31.

Answers

The net income for the year ended Dec 31 is $24,180.

The preparation of the income statement is presented below:

Sales revenue $91,200

Less: operating expenses $59,100

Operating income $32,100

Less: other expenses $7,920

Net income $24,180

Therefore we can conclude that the net income is of $24,180

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what are some sales channels for detailing cars (service)?​

Answers

Answer:

make me Brainlist

There are basically four types of marketing channels:

Direct selling;

Selling through intermediaries;

Dual distribution; and.

Reverse channels.

Lauren was accepted at three different graduate schools, and she must choose one. Elite U costs $50,000 per year and did not offer Lauren any financial aid. Lauren values attending Elite U at $60,000 per year. State College costs $30,000 per year and offered Lauren an annual $10,000 scholarship. Lauren values attending State College at $40,000 per year. NoName U costs $20,000 per year and offered Lauren a full $20,000 annual scholarship. Lauren values attending NoName at $15,000 per year. Lauren's opportunity cost of attending State College is

Answers

The opportunity cost of attending state college is $20,000.

The computation is given below:

Surplus arise from Elite U:

= $60,000 - $50,000

= $10,000

Surplus arise from state college:

= $40,000 + $10,000 - $30,000

= $20,000

Surplus arise from no name:

= $15,000 + $20,000 - $20,000

= $15,000

So, the opportunity cost of attending state college is $20,000.

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what is a Gantt Chart and how can one constuct it?​

Answers

Answer:

A Gantt chart is constructed with a horizontal axis representing the total time span of the project, broken down into increments (for example, days, weeks, or months) and a vertical axis representing the tasks that make up the project (for example, if the project is outfitting your computer with new software, the major

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