In a market economy, competition is an important responsibility. The benefit to fostering competition in an economic system is that it affords consumers more choices in the quality and price of belongings they want to purchase.
What is a market economy?A market economy is defined as those economic systems where the price communications constituted by supply and demand force judgments about production, investment, savings and distribution to consumers.
In this system, all providers and consumers are open-ended by price regulations or contract freedom. Competition is an essential element of a that economy.
The advantage of increasing competition in an economic system is that it provides consumers with more options in terms of the quality and pricing of the goods they want to purchase.
Therefore, option A is correct.
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Answer:It gives consumers more choices in the quality and price for things they want to buy.
Explanation:
If you were a sole proprietor and had annual profits of $100,000, how would the profits be distributed
Pls help ASAP
The profits as a sole proprietor can be distributed as follows :
Investments savings and Capital Who is a sole proprietor ?A sole proprietor is an exclusive owner of a business who is entitled to keep or profits as well as take all the risks involved with the business.The profits from a business venture can be distributed into alternative investment opportunities, savings and part of the profit can be reinvested as capital into the business.
Hence we can conclude that The profits as a sole proprietor can be distributed as follows : Investments savings and Capital
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A college graduate has a Job with a monthly gross pay of 4000. He takes home less than 4000 because
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than gross pay.
What do you mean by gross pay?Gross pay refers to the amount received by the employee without any tax deductions.
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than the gross pay.
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Northern Trail Outfitters held an event for hikers to blaze the trail for the new year. Their marketing team collected over a million new lead records to upload into Salesforce. What is the recommended method for uploading this data
The recommended method for uploading this data is through the use of AppExchange app.
What is data?It should be noted that data simply means the facts and statistics that are collected to perform a particular analysis.
Here, the recommended method for uploading this data is through the use of AppExchange app.
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the ability to withdraw money at any time without penalty
A number calculated by an independent party which represents what he current market rate as calculated using various factors is called a
A number calculated by an independent party which represents the current market rate as calculated using various factors is called an Index.
What is an Index?
Index is an entity that helps to compare the returns yielded during any investments. This tool is used by financial managers and investors of the market to describe the market face.
It is also essentially a roadmap to the book, listing names, places, and things in alphabetical order and giving the page numbers associated with each topic.
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Answer:
index
Explanation:
I jus did it.
PLEASE HELP SOON WILL GIVE BRAINLIEST
How does a consumer complaint benefit the manufacturer?
A. The complaint notifies the manufacturer of a possible issue.
B. The complaint is registered with the government.
C. The complaint tells the manufacturer they did something wrong.
D. The complaint leads to an investigation.
Answer:
A. The complaint notifies the manufacturer of a possible issue.
Explanation:
this lets the manufacturer become aware of any issues- this benefits them
A consumer complaint benefit the manufacturer by Option(A) The complaint notifies the manufacturer of a possible issue.
What is a consumer and a manufacturer ?A consumer is a person or a group who intends to order uses purchased goods, products primarily for personal, social household and similar needs, not directly related to any of business activities.
A manufacturer is a person or company that produces finished goods from raw materials by using various tools, equipment, and processes, and then sells the goods to consumers distributors, retailers, or to other manufacturers for the production and make their profit out of it.
How does a consumer complaint benefit the manufacturer ?A consumer make any complaint to the manufacturer if after taking the product or using it , the consumer founds any flaws or mistakes in it which might not be notified by the manufacturer.
Therefore, a consumer complaint benefit the manufacturer by Option(A) The complaint notifies the manufacturer of a possible issue.
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explain the relationship between occupation and education with example
Answer:
People who do not qualify for a particular job are given education through training in order to gain the needed knowledge for that particular job. As students, we go to school in order to be educated for future jobs. Good education on a job gives a better understanding and this brings out an excellent delivery of work.
Explanation:
More consistent and extended education leads to more job opportunities, increased income, and the ability to change one's economic status. Education has not only a connection to sanitation and hygiene elements in informal settlements but also to general career development.
It is shree's job to constantly monitor the information on the company website to make sure it is accurate, up-to-date, and relevant to their customers. which of the 7cs of the digital retailing framework is shree concerned with?
Shree is concerned with the connection because it is important to have a proper customer connection with the company in order to development.
What are 7cs?The seven C's of communication are a list of principles for written and spoken communications to ensure that they are effective.
The seven C's are: clarity, correctness, conciseness, connection, concreteness, consideration and completeness.
Digital retailing can help dealers reach a wider set of consumers and create an experience that differentiates their dealership from others.
Thus, connection is the 7cs for which Shree should be concerned.
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how can i get financing for my self storage business how to start a self storage business
Answer:
there are a ton of programs that will fund small buisnesses but in the meantime while waiting for that to happen you could get a part time job and save all your money for the buisness or you can hussle i recomend looking into marketplace flipping it is a great way to make quick cash if your good at it
Explanation:
Why is it necessary to include your family's income and tax information on
a fafsa application?
Most internet reference sites are free to use. t/f
please select the best answer from the choices provided
Answer:
It is true the person above is wrong I have proof
Explanation:
Answer:
The answer is TRUE.
Discuss ways in which business can deal with change in the workplace
Some of the ways in which businesses can deal with the change in the workplace are
Always be honest and assure your concerns Communicate with the officials Always ask questions and clear your doubtsMotivation from seniorsWhat is meant by a change?A change is referring to something which is different from the previous and is to be accepted by the people.
Business change can be arises in the organization where it wants to modify or transform any operation or activity performed in the workplace. The seniors want to assure and motivate the working employees to accept and adapt to that change.
Therefore, the management officials have to implement some ways so that the employees can able to cope with that change.
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Jerry is working on a research project about the effectiveness of social media marketing. he found some sources with information relevant to his project, and he’s trying to determine which ones are credible. which three sources should he select to use for his project? a journal article titled "marketing strategies: social media" by a university professor an article titled "tips for effective social media marketing" on a government agency website a social media post promoting a new product launched by a reputable business a business magazine article titled "why social media marketing works" by a journalist a blog post titled "my social media marketing success" by an unknown author
The three sources Jerry should select to use for his project are :
Journal article titled “Marketing Strategies: Social Media” by a university professor An article titled “Tips for Effective Social Media Marketing” on a government agency website A business magazine article titled “Why Social Media Marketing Works” by a journalist.What is a research project?This refers to a scientific approach to answering or finding solution to research questions.
Steps to research project are:
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Which is the following is an example of a fee that escrow could be used for?
A)points
B)processing fee
C)appraisal
D)property taxes
There are different types of fee, escrow is an example of a fee that could be used for property taxes.
What is an escrow?An escrow is a payment made by someone or an individual who lends money.
The payment is made in the name of the borrower for taxes on property and insurance on homes.
Therefore, Escrow is an example of a fee that could be used for property taxes
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What is a risk management strategy you could use to
protect your home?
Buying a home security system
Installing front porch cameras to monitor your
home
Purchasing reflective clothing to wear while biking
at night
A and B
While protecting a house, the risk management strategy that can be used by an individual is
to set up a security system the installation of cameras at the front door and porch of the house.Options A and B is the correct answer.
What is risk management?Risk management is a process where a person tries to mitigate the risks in every possible way.
The risk management strategy which can be utilized by an individual for protecting his/her house is to put a security system like handprint locks, alarms, etc. which will alert the individuals of the house if any criminal or thief tries to enter the house. Another way is to install the hidden cameras outside the house, especially at the entrance, which helped the individual to track the activities going outside the house.Therefore, the individuals can protect their homes by installing the cameras on the front door and setting up a security system that could be used as a risk management strategy.
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Define consumption in your own words.
What advice or feedback would you offer your manager to improve their effectiveness as a manager?.
Use what you have learned about managing credit to complete the statements. one reason people choose to file bankruptcy is because some of their debt will be . a major consequence of bankruptcy is that it can an individual’s chances of receiving additional credit for .
Filing for bankruptcy can eliminate debt. A major consequence of bankruptcy is that it can harm an individual's chances of receiving additional credit.
What is bankruptcy?Bankruptcy can be defined as the inability of a person to pay debt.
One of the advantage of Filing for bankruptcy is that it can help to eliminate the credit or loan amount a person borrowed and the disadvantage of bankruptcy is that the borrower may be unable to borrow another credit.
Therefore the complete statement is : eliminate/ harm.
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eliminated
harm
seven to ten years
The mann company belongs to a risk class for which the appropriate discount rate is 12 percent. the company currently has 222,000 outstanding shares selling at $114 each. the firm is contemplating the declaration of a $4 dividend at the end of the fiscal year that just began. assume there are no taxes on dividends. answer the following questions based on the miller and modigliani model, which is discussed in the text. a. what will be the price of the stock on the ex-dividend date if the dividend is declared
What will be the price of the stock on the ex-dividend date if the dividend is declared is:$110.
Price of stockUsing this formula
Price of stock=Outstanding shares selling price-Dividend
Let plug in the formula
Price of stock=$114-$4
Price of stock=$110
Therefore what will be the price of the stock on the ex-dividend date if the dividend is declared is:$110.
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Determining correct exposure times when different cone (BID) lengths are utilized and minimizing operator exposure is determined by the
In order to determine correct exposure times when different cone (BID) lengths are utilized while minimizing operator exposure, you should use inverse square law.
What is inverse square law?Inverse square law can be defined as a scientific law which states that the intensity of a physical quantity such as gravitational force or illumination, is inversely proportional to the square of the distance from the source.
In this context, we can logically infer and logically conclude that to determine the correct exposure times when different cone (BID) lengths are utilized while minimizing operator exposure, an inverse square law should be applied.
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Individuals who report unethical practices by their employer to outsiders are known as A. change agents B. boundary spanners C. early adopters D. whistle-blowers E. free riders
Individuals who report unethical practices by their employer to outsiders are known as whistle-blowers.
Who are whistle-blowers?A whistleblower is anyone who has and reports insider knowledge of illegal activities occurring in an organization. Whistleblowers can be employees, suppliers, contractors, clients, or any individual who becomes aware of illegal business activities.
Whistleblowers are protected from retaliation under various programs created by the Occupational Safety and Health Administration (OSHA), Sarbanes Oxley Act. The protection of federal employees is under the Whistleblower Protection Act of 1989.
Thus, option D is true, as Whistleblowers are the Individuals who report unethical practices by their employer to outsiders.
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The multi resource company manufactures two lines of washing machines, regular and deluxe. the contribution margin per unit of a regular model is $110 and for deluxe model is $175. the company has two departments, assembly and testing. the regular model requires 3 hours to assemble, while a deluxe model requires 4 hours. the total time available in assembly is 12,144 hours. in the testing department, it requires 2. 5 hours to test a regular model and 1. 5 hours to test a deluxe model. a total of 6,240 hours of testing time is available. based on this information, the optimum production plan for multi resource is:
Based on this information, the optimum production plan for multi-resource production is 3,036 Deluxe models.
What is the optimum production plan?The optimum production plan is the production plan that yields the highest level of contribution margin per unit of the limited resource.
Data and Calculations:Regular Deluxe Total
Contribution margin per unit $110 $175
Assembly hours 3 4 12,144
Testing hours 2.5 1.5 6,240
Limited resource = Assembly hours
Contribution margin per unit of limited
resource = $36.67 ($110/3) $43.75 ($175/4)
Thus, the optimum production plan is to maximize the contribution margin per unit of the limited resource by producing 3,036 units of the Deluxe Model (12,144/4).
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Which of the following statements is true?
A. The World Trade Organization tries to determine who to blame in
trade disputes.
B. The World Trade Organization is only concerned with trade among
industrialized countries.
C. The World Trade Organization tries to improve trading prospects
for developing countries.
D. The World Trade Organization eventually resolves all trade
disputes successfully
SUBMIT
Answer:
C. The World Trade Organization tries to improve trading prospects
The World Trade Organization tries to improve trading prospects out of the following statements is true. The correct option is C. When countries agree to open their markets for products or services in the WTO, their commitments are "bound."
What value does the WTO bring to developing countries?The WTO accords contain various provisions that grant developing and least-developed countries unique rights or extra leniency – "special and differential treatment." Among these are provisions that allow developed countries to treat developing countries more favorably than other WTO members.
The World Trade Organization runs the global trade rules system and assists developing countries in increasing their trade capability. It also provides a venue for its members to negotiate trade agreements and resolve trade disputes with one another.
Thus, the ideal selection is option C.
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what are the qualifications for something to be used as money
Answer:
The requirements needed for something to be used as money.
1.That thing which must be useful in any purpose.
2.You have to find that person who must needed of that thing. Then he will buy from you. (Whether it's your own talent)
Economies of scale, being closer to customers to reduce distribution costs, or being nearer to resources, are reasons why companies may spend millions of dollars to move their
Economies of scale, being closer to customers to reduce distribution costs, or being nearer to resources, are reasons why companies may spend millions of dollars to move their facilities
What are Economies of Scale?This refers to the saved costs that are gotten by the increased production of goods that are essentially cost advantages.
Hence, we can see that in order to reduce distribution costs, or to be nearer to resources, this is why companies may spend millions of dollars to move their facilities
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In the long-run, a company that produces and sells popcorn incurs total costs of $1,150 when output is 70 canisters and $1,780 when output is 100 canisters. When this popcorn company increases production from 70 to 100 canisters, it exhibits
When this popcorn company increases production from 70 to 100 canisters, it exhibits : economies of scale because average total cost is rising as output decrease.
Economies of ScaleThe popcorn company will tend to exhibits economies of scales based on the fact if their is decrease of output the average total costs will increase or rise from :
ATC1 = 1150/70
ATC1= $16.43
TO
ATC2 = 1780/100
ATC2= $17.8 per unit
Therefore it exhibits economies of scale because average total cost is rising as output decrease.
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Roxanne is writing an email rejecting a customer’s refund claim for a faulty kitchen blender. Which statement makes a good buffer for Roxanne’s email?
A. We regret that we are not able to offer a replacement.
B. We are glad to hear from a loyal customer.
C. We have considered your request about the kitchen blender.
D. We see that you have used the blender for nine months.
E. We hope to continue serving you in the future with the best products.
The statement that makes a good buffer for Roxanne’s email is : We have considered your request about the kitchen blender.
What is an email?This is an electronic device, used for exchange of messages between a sender and a receiver. This device connects people together.
Hence, the statement that makes a good buffer for Roxanne’s email is : We have considered your request about the kitchen blender.
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Mateo’s instructor tells him that before he goes further in his job search, he needs to engage in some introspection. How would Mateo’s actions BEST demonstrate introspection?
A.
He is visiting with his friends more frequently.
B.
He is journaling about his strengths and weaknesses.
C.
He is asking his parents for a loan to buy professional clothes.
D.
He is cooking all of his meals at home instead of going out.
He is journaling about his strengths and weaknesses is Mateo’s actions BEST demonstrate introspection. Because then only he can understand the potential of himself for doing anything.
What is the strength and weakness?Strengths are the potential traits and skills that a person poss of and with the help of the strength, the person build themselves in a job career.
Weakness is the skills and trait that is considered negative for any person that lags them down in the career, they always tried to overcome their weakness.
Thus, option B is correct.
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Sales revenue $440,000 Advertising expense 60,000 Interest expense 10,000 Salaries expense 55,000 Utilities expense 25,000 Income tax expense 45,000 Cost of goods sold 180,000 What is the gross profit
Answer:
$65,000
Explanation:
The gross profit formula is: Gross Profit = Revenue – Cost of Goods Sold.
so we would say, 440000 - ( 60000 + 10000 + 55000 + 25000 + 45000 + 180000 ) = $ 65000
3-Define "Pure Risk"
and provide and
provide an example
Pure risk is a risk in which there is only a possibility of loss or no loss—there is no possibility of gain. Pure risk can be categorized as personal, property, or legal risk.
Example:
→ A car accident.
If a person damages a car in a accident, there would obviously be no gain from it. The only outcome possible of this event would result in a loss, making this example a pure risk.