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2 years ago

Define the following: 1. Allocation of resources 2. Economic system 3. Market economy

Business

2 answers:

denis-greek [22]2 years ago

8 0

Allocation of resources is the assignment of available resources to various uses.
Economic system is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.
Market economy is an economic system where supply and demand, direct the production of goods and services.

zlopas [31]2 years ago

4 0

1. Allocation of resources

apportionment of productive assets among different uses.

2. Economic system

by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.

3. Market economy

an economic system where two forces, known as supply and demand, direct the production of goods and services.

eg: US, Japan

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Assessing the communication forms and orientations of coworkers and assessing their sources of identity is an example of which p

Lostsunrise [7]

Answer:

Attending

Explanation:

There are four steps in the risk negotiation cycle that includes attending, sensemaking, transforming and maintaining.

While assessing and analyzing the forms of communication and the workers orientations with respect to identify the sources reflects the attending phase whether the employees attend the orientations and according to that the analyzed could be done

Therefore this is an attending phase

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3 years ago

Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment. Project H rep

anastassius [24]

Answer:

USING 0% DISCOUNT RATE

PROJECT E

Year Cashflow [email protected]% PV

$ $

0 (23,000) 1 (23,000)

1 5,000 1 5,000

2 6000 1 6,000

3 7000 1 7,000

4 10,000 1 10,000

NPV 5,000

PROJECT H

Year Cashflow [email protected]% PV

$ $

0 (25,000) 1 (23,000)

1 16,000 1 16,000

2 5,000 1 5,000

3 4,000 1 4,000

NPV 2,000

Project A should be accepted

USING 9% DISCOUNT RATE

Year Cashflow [email protected]% PV

$ $

0 (23,000) 1 (23,000)

1 5,000 0.9174 4,587

2 6000 0.8462 5,077

3 7000 0.7722 5,405

4 10,000 0.7084 7,084

NPV (847)

PROJECT H

Year Cashflow [email protected]% PV

$ $

0 (25,000) 1 (23,000)

1 16,000 0.9714 15,542

2 5,000 0.8462 4,231

3 4,000 0.7722 3,089

NPV (138)

None of the projects should be accepted because they have negative NPV

Explanation:

The question requires the computation of NPV using 0% and 9%.

The cashflows of the two projects will be discounted at 0% and 9%.

The discount factors for each project can be calculated using the formula (1+r)-n. The cashflows of the projects will be multiplied by the discount factors to obtain the present values. NPV is the difference between present values of cash inflows and initial outlay.

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3 years ago

The following two graphs show the markets for smartphones in Sweden and Norway. Use the graphs to answer the questions that foll

zalisa [80]

Answer:

Assume there are no transportation costs. With trade, the price of $22.5 brings about balance in exports and imports. At this price, 600 smartphones are traded. With trade, Sweden produces 900 smartphones and consumes 300 smartphones, and Norway produces 300 smartphones and consumes 900 smartphones.

Now suppose the per-unit transportation cost from Sweden to Norway is $5. With trade, the transportation cost changes the price of smartphones in Sweden to $25 and in Norway to $25. Sweden will produce 800 smartphones and consume 400 smartphones, thus exporting 400 smartphones. Norway will produce 400 smartphones and consume 800 smartphones, thus importing 400 smartphones.

Explanation:

With no transportation costs, Sweden shall export smartphones and Norway shall import smartphones because the market price is lower in Sweden than in Norway.

The demand and supply functions for smartphones in Sweden, derived from the given values, are:

$Q_{D} = 1200 - 40P\\$