1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Roman55 [17]
2 years ago
8

Competition among economic units ______. Multiple select question. should not occur within a market system diffuses economic pow

er within the businesses and households that make up the economy. implies that producers can enter or leave an industry is not congruent with the concept of self-interest
Business
1 answer:
rosijanka [135]2 years ago
5 0

The Competition among economic units diffuses economic power within the businesses and households that make up the economy.

<h3>What is Economy?</h3>

Economy refers to the area or the region which produces the goods and services. It implies to the wealth and the resources of the nation. It involves the management of the finances. for example :- the stock market system of the United States.

The competition among the business leads to the innovation of the new products and the services which in turn is beneficial for the customers. It diffuses the economic power as the income earned gores in the market and the household.

Thus it helps in the economic growth of the nation. Therefore the correct option is diffuses economic power within the businesses and households that make up the economy.

Learn more about Economy here:

brainly.com/question/2421251

#SPJ1

You might be interested in
Which of the following describes the expected outcome of expansionary monetary policy in the short run?
Vaselesa [24]

Answer:

The correct answer is letter "A": higher employment, higher output, and a higher price level.

Explanation:

Expansionary policy is a macroeconomic concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policies can be used through monetary policy to expand the money supply or to increase government expending and tax cuts to stimulate the economy. Under this scenario, interest rates are lower and aggregate demand increases. In that case, employment, output, and price level will be higher. Though, the latter is dangerous since it could lead to high inflation.

7 0
3 years ago
Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sol
Sedbober [7]

Answer:

1. Cost to retail ratio = Cost of goods available for sale/ Retail value of goods available for sale

- Cost of goods available for sale = $430000 + $920000 + $62550 = $1412550

- Retail Value of goods available for sale = Retail value of inventory + Net Markup - Net Markdown = $565000 + $1340000 + $61000 - $31000 = $1935000

Cost to retail ratio = Cost of goods available for sale/Retail value of goods available for sale = ($1412550/$1935000)*100 = 73%

Sales value at retail = $1265000

So, Cost Of goods Sold = Sales Value at retail*Cost to retail ratio = $1265000*73% = $923,450

2. Ending Inventory Retail Value = Retail value of goods available for sale-Sales value at retail = $1935000 - $1265000 = $670,000

So, Cost of ending inventory = Ending inventory value at retail*Cost to retail ratio = $670000*73% = $489,100

8 0
2 years ago
If price increases from $45 to $55, the market quantity supplied increases from 20 units per week to 30 units per week. The pric
hichkok12 [17]

Answer:

The answer is 2.25

Explanation:

Price Elasticity of Supply (PES)= percentage change in Quantity demanded/ percentage change in price

PES= (30-20)/20 *100) /( 55-45)/45*100) = 50%/22.22% = 2.25

4 0
3 years ago
What is one action an employer can take to lower wage levels?
Nastasia [14]
The right answer for the question that is being asked and shown above is that: "c. Replace some workers with machines." one action an employer can take to lower wage levels is that <span>c. Replace some workers with machines.</span>
7 0
3 years ago
Kirk McCoy is district sales manager for the Jimmy Dean division
arlik [135]

Answer: centralized

Explanation:

Based on the information given in the question, we can infer that McCoy operates a centralized department.

This is a centralized department because McCoy takes the decisions in the organization. In a centralized department, the organizational structure is such that the power regarding the decision is confined to top management, while the followers just follow the instructions

8 0
3 years ago
Other questions:
  • Phones R Us, a global phone company, frequently needs to respond quickly to fast-changing consumer tastes with its smartphones.
    15·1 answer
  • Target Market Selection Process:
    11·1 answer
  • Your supplier offers a discount for purchase of 100 steaks at a time. You normally sell about 5 steaks a night and you don’t lik
    5·1 answer
  • Josh, an HR manager at RoxCom LLC, is responsible for implementing a guided self-appraisal system using management by objectives
    12·1 answer
  • Which of the following statements about the two alternative methods that may be used when preparing the statement of cash flows
    5·1 answer
  • One of the advantages of being a limited partner in a real estate investment venture is that you have __________ liability. limi
    10·1 answer
  • Hours of labor or number of workers are commons ways of measuring a comapany's?
    8·1 answer
  • just paid an annual dividend of $3.00 per share last year. Management just announced that future dividends will increase by 2 pe
    10·1 answer
  • Prosperous Production makes two products from a common input. Joint processing costs up to the split-off point total $42,300 a y
    8·1 answer
  • When does the company go in loss​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!