The goods and services produced by an economic unit through ______ can be exchanged for a full range of desired products produced by other economic units.

Answers

Answer 1

Answer: specialization

Explanation:

Answer 2

When the goods and services are generated by an economic unit via specification so they can be exchanged.

The following information related to the economic unit is

In the economy, the production, consumption & exchange should be carried out via 3 economic units i.e. firm, household, and the government.It involved the decisions related to the production i.e. what to produce, how to produce, and what prices should be charged.

Therefore we can conclude that When the goods and services are generated by an economic unit via specification so they can be exchanged.

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Related Questions

Which is most likely to be a long-run adjustment for a firm that manufactures cars on an assembly-line basis

Answers

Answer:

A change in production to a redesigned and retooled facility

Which one of the following is NOT one of the major business functions or specialized tasks performed by business organizations and supported by information systems?
A. Sales and marketing
B. Human resources
C. Finance and accounting
D. Manufacturing and production
E. Collective bargaining

Answers

Answer is E

This a process which engages working people through union. They negotiated a contract with owner& the employers to get information details about the term of employment like pay, benefits, house leves,,health, safety policies.

Help to ensure balance work and personal relationship.

Sale HR financial and production are important business functions & supported heavily by information systems.

Collective bargaining is a negotiating process not core business function or specialised task.

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

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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KLM Corporation's quick assets are $5,996,000, its current assets are $12,480,000 and its current liabilities are $8,068,000. Its acid-test ratio equals: _________

Answers

0.74 I think is the awnser

Remember, the budget constraint contains all possible combinations of consumption and leisure at a given wage, wealth, and price. Say Adam sleeps 9 hours a day leaving him 15 hours each day to spend on either work or leisure, if the price of ice cream is $2, Adam's wage is 12$/hour, and his wealth is $10, what is the maximum amount of hours Adam can spend on leisure if he chooses to buy 17 cups of ice cream

Answers

Yeadjdjjdjdjdjdjdjddj

What is the LinkedIn Outreach Strategy?

Answers

Answer:

Outreach on LinkedIn means reaching out to the best prospects. A LinkedIn outreach strategy involves different steps, LinkedIn automation tools (LinkedCamp), and tactics to reach out to prospects with a proper message so they convert easily.

A perfect LinkedIn outreach strategy includes the following steps:

1. Finding the right prospects

2. Sending personalized messages

3. Building relationships and trust

4. Pitching your product

La
ROLLING HILLS GOLF INC.
TRIAL BALANCE
SEPTEMBER 30, 2012
Unadjusted
Dr.
С
Cash
$ 6,700
Accounts Receivable
400
Prepaid Rent
1,800
Supplies
1.200
Equipment
15,000
Accumulated Depreciation-Equipment
Notes Payable
$ 5,000
Accounts Payable
1.070
Salaries and Wages Payable
Interest Payable
Unearned Rent Revenue
1,000
Common Stock
14.000
Retained Earnings
0
Dividends
600
Service Revenue
14,100
Rent Revenue
700
Salaries and Wages Expense
8,800
Rent Expense
900
Depreciation Expense
Supplies Expense
Utilities Expenses
470
Interest Expense
$35,870 $35,870
Adjusted
De
CE
$ 6,700
1,000
900
180
15.000
$ 350
5.000
1,070
600
50
800
14.000
0
600
14,700
900
9,400
1.800
350
1,020
470
50
$37,470 $37.470
Instructions
(a) Journalize the adjusting entries that were made.
(b) Prepare an income statement and a retained earnings statement for the 3 months ending September 30
and a classified balance sheet at September 30.
(c) Identify which accounts should be closed on September 30.
(d) If the note bears interest at 12%, how many months has it been outstanding?

Answers

Answer:

$ 350

Explanation:

xu hướng marketing của Việt Nam

Answers

Answer:

xu hướng của những năm nào vậy bạn?

Cynthia works as a salesperson at an apparel showroom. A week ago, she met a customer who stated that a particular dress was quite expensive and asked her whether a discount was available for the dress. Cynthia responded by saying, “I can get you a 10 percent discount on the dress. Would you like to pay by cash or card?” The customer made the purchase. Which closing technique did Cynthia use in this example? A. opinions count close B. assumptive close C. Ben Franklin close D. Sharp Angle close

Answers

Answer:

Assumptive close

Explanation:

Discount means cut off price

[tex]\boxed{\sf Discount=Sold\:Price-Cost\!Price}[/tex]

Or simply

[tex]\\ \sf\longmapsto Discount=S.P-C.P[/tex]

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.

Nghệ thuật quản trị các Doanh nghiệp vừa và nhỏ ở Việt Nam hiện nay?

Answers

Answer:

Please write properly.

3. Management activities include all of the following except:
a. Decision making
b. Allocation of resources
& Developing job-related case studies for analysis,
d. Directing the activities of others to attain goals

Answers

Answer:

A

Explanation:

Management activities include Decision making

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.

Answers

Answer:

Will charge a higher price

Dell a smaller higher

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

describe two benefits you enjoy because of free market system

Answers

 (A) lower prices for goods and services.

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

Consider a production line with five stations. Station 1 can produce a unit in 15 minutes. Station 2 can produce a unit in 12 minutes. Station 3 has two identical machines, each of which can process a unit in 20 minutes (each unit only needs to be processed on one of the two machines. Station 4 can produce a unit in 8.5 minutes. Station 5 can produce a unit in 11 minutes.

Required:
Which station is the bottleneck station?

Answers

Answer:

Bottle neck stations are the ones which take more time than the previous station because of which units received per hour our more than units created per hour creating a bottleneck.

In this case Station 2 is taking more time than station 1. (10>9)

Station 3 has 2 machines so although one machine takes more time than station one because of having 2 machines the time can be divided by 2 so there is no bottle neck here. (6<10)

Station 4 takes less time than station 2. (5<6)

Station 5 takes more time than station 4. (8>5) but station 5 is not a bottle neck because it is the last station so it is not slowing the units from going on to  another station or the next station, because the good is finished here there is no bottle neck

The only bottle neck is station 2 because it takes more time to send one unit to the next unit compared to receiving one unit from station 1.

Explanation:

Explanation:

"Station 1" is the bottleneck station.

According to the question:

Station 1's Effective processing time

= 15 minutes  

Station 2's Effective processing time

= 12 minutes  

Station 3's Effective processing time

= [tex]\frac{20}{2}[/tex]

= 10 minutes  

Station 4's Effective processing time

= 8.5 minutes  

Station 5's Effective processing time

= 11 minutes

Station 1 seems to be the most efficient processing duration as well as being the bottleneck location.

Thus the above answer is the correct one.

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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.

five diversity issues that affect Cambridge Food​

Answers

Answer:

Race

Gender

Language

Inequality

Beliefs

Explanation:

Race: the business should not discriminate employees because of their race/skin color

Gender: equality between all genders in the workplace

Language: train and communicate with all employees with language applicable to all employees

Inequality: treat all employees equally and equal opportunities to all despite their backgrounds

Beliefs: avoid discriminating and disrespecting other people's beliefs

WILL GIVE BRAINLIST

A depression is a severe recession that is often accompanied
by deflation.

Otrue
O false

Answers

Answer:

true

Explanation:

mark me brainliest

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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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:

A business traveler has to make a trip to New York. It will take an airline, car-
rental company, hotel, restaurants, and other services to conduct this trip. This
will require a large

Answers

Sum of money or a company credit card

when you choose a career your looking for more than just

Answers

Just what? Lol The question isn’t even finished

1. Who is a teacher? Mention the degree and academic qualification essential for teaching profession.​

Answers

A teacher (also called a schoolteacher or formally, an educator) is a person who helps students to acquire knowledge, competence or virtue.The degree for teaching is bachelor's degree and the essential qualification for teaching is bachelor degree and additional teaching certification

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

Which of the following time series would be an excellent candidate if you were looking to show a trend in the data?
a) total solar power generated at a certain site each month over a span of years
b) total solar power generated at a certain site each year over a span of several years
c) total solar power generated each noon minute over the course of an hour, as a sequence of storm clouds pass overhead
d) total solar power generated at a certain site each day, january-july

Answers

The correct answer would be A

Sam, a change manager, has many competencies. One particular strength is his ability to gather meaningful data through interviews, surveys, and observations. These characteristics of Sam are an example of the ____ skills of a change manager.

Answers

Answer:

Diagnostic is the write answer.

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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explain business activities and classification ?

Answers

Answer:

Business activities may broadly be classified into two categories namely (A) Industry and (B) Commerce. Industry involves production of goods and services whereas commerce is concerned with the distribution of goods and services.

Explanation:

hope helps

Explanation:

Business is the buying, selling & exchange of goods & services for-profit service or motive is commonly known as business. The term business is derived from the word ‘busy’. In a specific sense, business activities refer to any occupation in which people regularly engage in an activity with a view to earning the profit. Let us take a look at the classification of business activities.

Classification of Business Activities

Into two broad categories, various business activities can be classified-

Industry

Commerce

Industry

The sector where raw material gets converted into useful products is called industry. Activities related to production & processing as well as activities related to rearing & reproduction of animals or other living species are all included in the industry. The purpose of industry is to create form utility by converting raw materials into useful forms of finished products.

An industry may produce consumer goods or capital goods. Goods such as bread, butter, cloth, radio, etc. are consumer goods. These goods are directly used by the consumer. Goods such as machinery, cement etc. are called capital goods as these are used further in the production process to make useful products.

Commerce

We can refer to commerce as all those activities which help directly or indirectly in the distribution of goods to the ultimate consumer. There will be no use of producing goods unless & until these goods reach the ultimate consumer. Goods are produced at one place & consumers are scattered at different places. Commerce can be classified into two broad categories:

Trade

Aids to trade

Trade

Trade is an integral part of commerce. It includes buying & selling of goods & services. The trade segment of commerce brings together the manufacturer & the consumer, i.e. it is a link between the manufacturer & the consumer.

Trade can be classified into two types:

Internal trade: It refers to buying & selling of goods or services within the geographical boundaries of a country. It is also known as home trade or domestic trade. Under internal trade, goods & services are bought & sold in the home currency only. The internal trade can be two types:

Wholesale trade

Retail trade

External trade: When the buying & selling of goods & services is beyond the geographical limits of the country it is called external trade. It is also known as trade between two or more countries. In external trade, the market is very wide. External trade is of the following types:

Export trade

Import trade

Entrepot trade

Aids to Trade

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