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Blababa [14]
2 years ago
8

The product market is the place where _______. Multiple choice question. businesses sell resources and households buy resources

businesses sell resources and households sell goods and services businesses sell goods and services and households buy goods and services businesses sell resources and households buy goods and services
Business
1 answer:
Vadim26 [7]2 years ago
3 0

The product market refers to the place where: C. businesses sell goods and services and households buy goods and services.

<h3>What is a product market?</h3>

A product market can be defined as any place where business firms (organizations) make their goods and services available for purchase by households (consumers).

This ultimately implies that, a product market refers to the place where various business firms sell their goods and services and households buy these goods and services.

Read more on products here: brainly.com/question/14308690

#SPJ1

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A broker representing the seller has taken a listing on a property at a price of $400,000. The broker showed the property to a p
lidiya [134]

<u>In the case mentioned in the question the seller's broker violated their fiduciary obligation to the seller because they have acted in excess /beyond  their authority</u>

<u></u>

Explanation:

A broker who is  representing the seller has taken a listing on a property at a price of $400,000. The broker showed the property to a potential buyer and the buyer made an offer of $375,000, but told the broker that he/she would pay the full $400,000 if necessary.

After analysis the below mentioned statement from the  question we can view the following facts

  • The price of the property is $400,000
  • The broker on belhalf of the seller agrees to sell the property to the buyer at $375,000 which is less than the listing price of the property .

Hence we can say that <u>the seller's broker violated their fiduciary obligation to the seller because they have acted in excess /beyond  their authority</u>

8 0
3 years ago
Sienna Company has the following information for January. Cost of direct materials used in production $20,000 Direct labor 15,00
nlexa [21]

Answer:

The cost of goods manufactured is $58400.

Explanation:

total manufaturing costs = Cost of direct materials used in production  + Direct labor + Factory overhead

                                         = $20,000 + $15,000 + $24,000

                                         = $59000

cost of goods manufactured = Work in process inventory, January 1 + total manufacturing costs -Work in process inventory, January 31

= $2,900 + $59000 - $3,500

= $58400.

Therefore, the cost of goods manufactured is $58400.

3 0
4 years ago
While it makes a difference how much wine a person consumes in their risk for cancer, it does not make a difference how much a p
olga nikolaevna [1]
False. The more you smoke, the weaker your lungs become, and the higher your risk for lung cancer becomes. Hope this helps! :)
5 0
3 years ago
Bargaining associations are required to bargain without making any threats against buyers. true false
Debora [2.8K]

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. The given statement is true.

<h3>What is Bargaining associations?</h3>

The three primary categories of negotiation subjects are obligatory, permissible, and unlawful. The required category includes wages, health and safety, management rights, working conditions, and benefits. Topics that are permitted during the process are ones that are not required but may be discussed.

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. This can then encourage teamwork, boost productivity inside the company, and support stronger economic demand.

Union members typically receive greater wages, better health and pension benefits, and better working conditions. For people who decide to work in education, the advantages of unionization are essential. NEA members use collective bargaining to fight for causes other than their own financial stability.

To negotiate our union contract with the employer, including our pay, benefits, hours, holidays, sick days, staffing levels, seniority, safety, supplies, and other working conditions, a group of union members—our Bargaining Team—sits down with management.  The given statement is true.

To learn more about Bargaining associations refer to:

brainly.com/question/1130553

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6 0
2 years ago
When you choose a medium, you are deciding how you will decode the message for transmission. select one:
iVinArrow [24]
The answer to this question would be option B: FALSE. When we say medium, this is the mode of how the message would be transmitted from the source to the receiver. This is also known as the channel. An example of this would be television or radio. This statement becomes false because the medium does not have anything to do with how the receiver deciphers or decodes the message that is being sent. The medium only serves as a channel and does not affect on how the receiver would interpret such information.
4 0
3 years ago
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