I own a candy store in my country. I am free to choose the products I sell and I am able to complete against other stories using innovative ideas. After a white selection of candies are various prices what type of economic system does my country most likely utilize

Answers

Answer 1

Answer:

The country most likely utilizes a free market economy.

Explanation:

A free market economy is characterized by the price system: in this system, prices signal economic activity in order to coordinate the forces of supply and demand in order to reach a market equilibrium.

In a free market economy, competition is stiff because firms can freely enter and exit the markets, and this also influences the price of goods and services.

Firms try to out-compete other firms by improving production processes, innovating, and lowering costs.


Related Questions

what is the difference between a traditional savings account and an online savings account

Answers

In traditional savings account, you can withdraw money whenever you need it without a financial penalty. In online savings account, link to traditional or online checking accounts and you enter your banks routing number and account number on the application. You can also transfer money between linked accounts with online savings. (hope this helps:)

Raul works in Human Resources and is interviewing four people for the position of Budget Analyst. Which candidate
has the best education for this particular career?
Candidate A bachelor's degree in Finance and master's degree in
Mathematics
Candidate B
bachelor's degree in Mathematics and associate's degree in
Marketing
Candidate C
associate's degree in Computer Programming and HS diploma
Candidate D
bachelor's degree in Economics and master's degree in
Management


?

O Candidate A
O Candidate B
O Candidate C
O Candidate D

Answers

Answer:

A

Explanation:

Answer:

it is a

Explanation:

just took the test

A 1-column table with 5 rows. Column 1 is labeled Addition Words with entries add, increase by, more than, sum, total.


Write an algebraic expression to model the unknown number situation.


the sum of five and a number


Complete each statement to explain how to model this situation.


Replace “a number” with .n,+,5, or -

Replace “sum” with .n,+,5, or -

Replace “five” with .n,+,5,or -

The correct algebraic expression is .+5n,5+n,5-n, or n5+




WILL GIVE 50 POINTS PLEASE HELP ME

Answers

Answer:

Replace “a number” with n

Replace “sum” with +

Replace “five” with 5

The correct algebraic expression is  5 + n

Im pretty sure this is right but correct me if im wrong :)

Answer:

Replace “a number” with

✔ n

.

Replace “sum” with

✔ +

.

Replace “five” with

✔ 5

.

The correct algebraic expression is ✔ 5 + N

Explanation:

Suppose you are an analyst in the oil refinery industry and are responsible for estimating the equilibrium price and quantity of home heating oil. To do so, you must consider factors that can affect the supply of and demand for heating oil. Determinants of the demand for heating oil include household income, the price of an oil furnace (a complementary good for heating oil), and the price of natural gas (a substitute good for heating oil). Determinants of the supply of heating oil include the cost of crude oil and the cost of refining crude oil into home heating oil.

Answers

Please find attached full question

Answer and Explanation:

Equilibrium price refers to the price in the market at which quantity demanded equal to quantity supplied. The price is indicated by the price level where the demand and supply curve intersect. We see that the price in our graph is $40 where demand and supply intersect

Equilibrium quantity is the quantity in the market where the quantity demanded is equal to quantity supplied. This is indicated by the quantity that meets the intersection in the graph. Our equilibrium quantity is therefore 80000 barrels

What are the limitations of an MkIS?

Answers

Answer:

Limitations do exist with an MIS, such as the expense to create and implement an MIS, training time for employees, lack of flexibility and capturing wrong or incomplete information.

Explanation:

when receiving inventory, you should do which of the following?

Answers

Answer:

what are the answers

Explanation:

PLSSSSSS I NEED THIS ASAP
which of these is an unacceptable hiring criterion according to the equal employment opportunity commission?

a. females only

b. two years of experienced preferred

c. must speak Spanish

d. Bachelor's degree required

Answers

C because everybody don’t speak Spanish so that wouldn’t be fair to others

Among all the given statements, the one that is an unacceptable hiring criterion according to the equal employment opportunity commission is that they must speak Spanish. Hence, Option C is correct.

What is the meaning of employment opportunity?

Opportunities for Employment include hiring, transferring, promoting, training, and non-disciplinary retention, as well as any reorganisation or layoffs.

Employment opportunities do not imply the formation of a job or the development of specialised training that is not already available to other employees.

An employee is compensated by their employer when they are working. As a result, they have money to spend on things like entertainment, food, clothing, and other other things. Demand rises in direct proportion to consumer spending.

Therefore, Option C is correct.

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Great American Oil Change (GAO) sells a combined oil change service and parts package for $30. A customer who supplies the parts (oil and filter) is charged $20 for only the service, whereas a customer who buys only the oil and filter (for do-it-yourself use) is charged $20 for the parts. The parts cost GAO $14. Determine the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change package TIP: To calculate the percentage of the combined package that relates to the service, divide the stand-alone selling price of the service by the combined stand-alone selling prices of both the service and parts. Allocated Transaction Price Parts Service

Answers

Answer:

Oil change Service $15

Sales of Parts $15

Explanation:

Calculation to Determine the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change packages

First step

Oil change service= $20

Selling price of parts = $20

Total $40

Second step

Percentage of each activity in total Revenue

Oil change service = $20

Oil change service=20/40*100

Oil change service=50%

Sale of parts= $20

Sale of parts=20/40*100

Sale of parts=50%

Third step is to calculate the Allocated Transaction Price for both parts and service

Combine oil change service and part package = $30

Oil change service= $30 * 20/40

Oil change service=$15

Sale of parts = $30 * 20/40

Sale of parts= $15

Therefore the dollar amount of revenue from the oil change service is $15 and the sale of parts is $15

Selling price allocated for supply and service is $15 each

Allocation based problem;

Given:

Service price = $20

Price of Oil and filter = $20

Combine service charges = $30

Computation:

In proportion to the standalone selling price, a combined selling price should indeed be apportioned between supply and services.

Selling price allocated for service = $30 × [20/40]

Selling price allocated for service = $30 × [0.5]

Selling price allocated for service = $15

Selling price allocated to supply = $30 × [20/40]

Selling price allocated to supply = $30 × [0.5]

Selling price allocated to supply = $15

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which of the following factors are likely to strengthen a diverse family?
1. Family using their gadgets during breakfast
2. Family playing in the park
3. Mother busy on her laptop ignoring her daughter
4. Farther explaining family traditions to son

Answers

Family playing in the park :)

Answer:

Explanation:

For all Plato users

Please help me don’t write if you don’t know how to solve it

Answers

Answer:

see below

Explanation:

1. Business Revenue

Revenue is the income generated from normal business operations. In this case, normal business operations are selling T-shirts.

The shop sold 25 t-shirts at 70 Dhs each.

Revenue is quantity sold multiplied by sales price

i.e., Revenue = quantity sold x selling price per unit

=70 x 25 Dhs

=1,750 Dhs

2. Business total cost

Costs are the expenses incurred in producing goods intended for sale.

The cost of producing one t-shirt is 15 Dhs.

The cost of producing 70 t-shirts will be.

Total cost = total quantity produced x unit cost

= 70 x 15 Dhs

=1,050 Dhs

3. Business profit

Profit is the income earned from business operation after deducting the cost from the revenues.

I.e., profits = revenue - cost

For this shop

profits = 1,750 Dhs - 1,050 Dhs

Profits = 700 Dhs

A middle school took all of its 6th grade students on a field trip to see a ballet at a theater that has 2500 seats. The students filled 2275 of the seats in the theater. What percentage of the seats in the theater were filled by the 6th graders on the trip?

Answers

Answer:

91 %  of the seats in the theater were filled by the 6th graders on the trip.

Explanation:

Total number of seats = 2500

Number of seats occupied = 2275

Percentage of seats filled = 2275/2500 * 100

                                             = 91%

91 %  of the seats in the theater were filled by the 6th graders on the trip.

The percentage is taken out by dividing the number of seats occupied with the total number of seats available and multiplying it with 100.

The answer should be 91%

Explain an Argument In the section "Consequences of Ending Rent Control," you read that most economists argue that the benefits of ending rent control exceed the costs. Do you agree? Why or why not?

Answers

Answer:

Disagree Option

Explanation:

Setting prices ceilings on rent can cause the balance in supply and demand to fall short of each other. For example, let's say the equilibrium for supply and demand was 5 apartments for $100 a month and that the supply at $100 was 5 apartments. If you created a price ceiling at $90, this would cause a greater demand but less of a supply generating an apartment shortage.

please please help. i need 2,3, and 4 . it is due tomorrow

Answers

Answer:

2. Filing for bankruptcy is when the court decides whether to discharge your debts and those who owe are no longer legally required to pay them. It is on a credit report because it shows what you can pay for and what you can't.

3.Pay Your Bills on Time, Pay off Debt and Keep Balances Low on Credit Cards, and apply for and Open New Credit Accounts as Needed.

4.TransUnion, Equifax, and Experian.

Explanation:

ECON Good morning can someone answer this ASAP

Answers

Answer:

D

Explanation:

Answer:

According to the Law of Demand: When the price of a product increases, the demand for the same product will fall.

So, the answer is 'A. the product's price increses

Why should you look for information about the company’s mission and values? A. You don’t need to do that at all unless you are interested. B. The interviewer will ask about this in the interview. C. Most interviews require it, and you will be asked to sign an agreement. D. You should check to see if they align with yours and as a basis for a possible question. Please select the best answer from the choices provided A B C D

Answers

D. You should check to see if they align with yours and as a basis for a possible question

Answer:

d

Explanation:

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE

Jake has a taco truck but has recently expressed a desire to take more time off. He hires Emmy to cover the truck three days a week. Emmy is an example of which economic resource?




capital




labor




entrepreneurial ability

Answers

Answer:

I think labor, most likely, I t definitely do not think it is capitol

The tax paid for land is known as
i)direct tax
ii)land revenue tax
iii)income tax​

Answers

Answer:

land revenue tax

Explanation:

this is the money paid to make known that the land is yours

Which job titles both require a
car?
Pizza Delivery Person
and Cashier
IT Supervisor and
Pharmaceutical
Salesperson
AL501
Pharmaceutical
Salesperson and Pizza
Delivery Person
Web Designer and IT
Supervisor
Elf
Which job titles both require a car?

Answers

Answer:

sales person and delivery person

Pharmaceutical Salesperson and Pizza Delivery Person are the two job titles that require a car or vehicle for completion of the tasks. Therefore, the option C holds true.

What is the significance of a job title?

A job title can be referred to or considered as the designation given to an employee or a worker for the job or task that he or she performs while being employed or on a contractual basis. A job title is always in direct relation with the job description and requirements of the job.

The jobs of both a salesperson, and a pizza delivery person, are such that they need a car or vehicle of any kind in order to carry out the tasks of their job in an efficient way.

Therefore, the option C holds true and states regarding the significance of a job title.

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2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition

Answers

Answer:

Eventually prices will equalize at all five lemonade stands.

Explanation:

Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.

The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.

Also, there is little or no barriers to entry for lemonade sellers.

A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

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Perform online or offline research to learn more about how farmers, ranchers, and other stakeholders in the United States practice sustainable or alternative agriculture. Pick a few that interest you and write a report describing their efforts, methods, and results.

Answers

Answer:

Organic Farming-The natural cultivating development makes a difference to anticipate water contamination and other natural harm whereas expanding yields. A few considers have appeared that corn plants, developed naturally, can deliver up to 30% more corn than when developed customarily. Not as it were are you getting more from your trim, but you’re finishing the same errand without jeopardizing your nearby environment.

Crop Rotation-Edit revolution depends on three diverse sorts of crops — cash, filler and cover. Your cash crops are the ones you’re getting to be making cash off of or eating yourself. Filler crops keep the field from going neglected amid the low season whereas regularly contributing to soil wellbeing and richness, and cover crops do the same without requiring much observing or support.

Regenerative Farming-Regenerative cultivating is another ancient concept that takes the thought of trim revolution to a entire nother level. Rather than treating the soil like a device to be utilized and disposed of, regenerative cultivating methods treat agribusiness like it’s part of the arrive instead of something isolated from it. In expansion to things like edit turn, regenerative cultivating minimizes working to protect soil accumulation, relies on characteristic fertilizers like compost and fertilizer instead of chemical options and takes all fundamental steps to avoid the cultivating from pulverizing the nearby environment.

Explanation:

Which sentence indicates that Rudolph is following a market skimming pricing policy?
Rudolph launched his brand of high-end audio speakers called Rudebox. He introduced his first line of products at $40,000. He plans to periodically bring down the price. Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Answers

Answer:

Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Explanation:

Market skimming pricing policy, or price skimming is the pricing strategy that is used by business owners to make the initial price of a product high and then reduce it subsequently so more people can be able to afford it.

The sentence that shows that Rudolph is following a market skimming price policy is his decision to reduce the price of his Rudebox in a second edition which is designed for the masses.

Answer:

He plans to periodically bring down the price

Explanation:

Question:4
Krishna Furnishers Martstarted its operations in the year 1954 and emerged as the market leader in the industry
because oftheir original designs and efficiency in operations. They had a steadydemand fortheir products but overthe
years, they found their market share declining because of newentrants in the field. The firm decided to review their
operations and decided that in orderto meet the competition, they need to study and analyze the market trends and
then design and develop their products accordingly. List any two impacts of changes in business environmernt on
Krishna Furnishers Mart's operations. (Hint: increase in competition and Market orientation)

Answers

Here are the answers

If a country is taking action to increase its overall productivity and make sure
its businesses are successful, it is pursuing which economic goal?
A. Per capita improvement
B. Economic growth
C. Full employment
ОО
D. Stable prices
SUBT

Answers

Answer: It is B

Sorry its a bit late though

Economic growth is the rise or improvement in the market value of the commodities and services generated by an economy within a given fiscal year, adjusted for inflation.  Hence option B is correct .

What is Economic growth ?

Traditionally, statisticians have calculated growth as a percentage rate of real gross domestic product, or real GDP. In order to remove the inflationary distortion on the prices of produced items, growth is typically calculated in real terms, or terms adjusted for inflation.

Economic growth is measured using national income accounting.  Economic growth has both the benefits and disadvantages of GDP growth because it is calculated as the yearly percent change.

The ratio of GDP to population is a typical metric used to compare the economic growth rates of different nations (per-capita income).

'Rate of Economic growth is the term used to describe the yearly geometric growth in GDP from the first to the last year over a period of time.

Without taking into account any variations in the GDP around this trend, this growth rate indicates the trend in the average level of GDP across the time period.

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Graphical information can be useful in
a.
Math only
c.
Science only
b.
Social Studies only
d.
All subjects

Answers

Answer:

d all subjects

Explanation:

think its right sorry if its wrong

The answer fam is..........D) All subjects

If an 80,000 seat stadium is 90% full, how many tickets were sold?

Answers

72,000 I think because 90% of 80,000 is 72,000

When there is a stadium that has a seating capacity of eighty thousand people, if it is full with almost ninety percent. Then the number of seats that are more available are seventy two thousand.

What is a stadium?

A stadium is a location or venue for outdoor sports, concerts, or other events. It consists of a field or stage that is either totally or partially encircled by a tiered structure that enables spectators to stand or sit and watch the event.

The stadium is a very big, mostly roofless structure that hosts sporting events, concerts, and other events and has a sizable open area surrounded by several rows of seats.

Stadium, a building with a big seating capacity for spectators as well as a wide space for sporting events and other shows.

80,000 × 90÷ 100 = 72,000

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Help plzzz for economics

Answers

Answer:

the answer is b

Explanation:

The answer is definitely b

According to the video, what are some things that Human Resources Managers do? Check all that apply
oversee hiring and firing
purchase computers
distribute office supplies
develop training programs
develop personnel policies
develop pricing strategies
develop recruiting programs

Answers

Answer: A, D, E, G

Explanation: right on edge 2020

Answer:

1,4,5,7

Explanation:

Which of the following statements is a strong reason for giving credit to sources of data in a formal business doccument

Answers

Answer:

It shows you have done solid research to back up your conclusions.

Multiple choice options for this question are as follows:  online source

A). It shows you have done solid research to back up your conclusions.

B). Readers of a business document do not pay attention to sources

C). Giving credit is easier than treating others' ideas as your own

D). It is a requirement of MLA and APA styles

Explanation:

Giving credit to your sources is a phrase that refers to Referencing or citing the source of your information. It is important to the reader or user of the document because they can always go back and verify the data's accuracy. Referencing also leaves a trail that can be used to see the views and opinions of other business people or researchers .

Giving credit to your sources in a formal business document shows you took the time to research the subject matter. It gives the impression that you can relate your ideas to the views of other professionals in the industry.

Answer:

A). It shows you have done solid research to back up your conclusions

Explanation:

Waterway Industries has a material price standard of $2.00 per pound. 6600 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6600 pounds, although the standard quantity allowed for the output was 5200 pounds.

Answers

Answer:

The appropriate solution will be "$1320".

Explanation:

The given values are:

Material's actual quantity

= $6600

Standard price

= $2.00

Actual price

= $2.20

Now,

The material price variance will be:

= Actual quantity (Standard price - Actual price)

On substituting the values, we get

= [tex]6600(2.00-2.20)[/tex]

= [tex]6600\times (-0.20)[/tex]  

= [tex]1320[/tex] ($)

Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rate it used to? (diminishing returns, stages of production)

Answers

Answer:

diminishing returns,

Explanation:

The law of diminishing marginal returns claims that the returns from the input will first increase at an increasing rate until production reaches an optimal level. After the optimal level, and holding the other factors constant, the returns from the output will start diminishing and eventually turn negative.

Diminishing returns concepts apply in the short term, where only variable inputs can change. For example, in a factory setting, the optimal production capacity is fixed in the short-run. Additional usage of a variable such as labor increase returns until the factor reaches its optimal capital. Additional hiring of labor results in diminishing returns in labor output.

The law of diminishing marginal returns claims that the returns from the input will first increase at an increasing rate until production reaches an optimal level. After the optimal level, and holding the opposite factors constant, the returns from the output will start diminishing and eventually turn negative.

Diminishing returns

Diminishing returns concepts apply within the short term, where only variable inputs can change. for instance, in a very factory setting, the optimal production capacity is fixed within the short run. Additional usage of a variable like labor increase returns until the factor reaches its optimal capital. Additional hiring of labor leads to diminishing returns of parturient output.

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