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Blababa [14]
1 year 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]1 year 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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Net operating income computed under variable costing would exceed net operating income computed using absorption costing if: Mul
klasskru [66]

Answer:

Units sold exceeds units produced

Explanation:

The net operating income under variable costing system is always higher than absorption costing system when units sold exceeds units produced. As variable cost doesn't include fixed manufacturing overhead unlike absorption costing, when the net operating income under it now exceed that of absorption, it's definitely am increase in sales that's responsible for that.

8 0
2 years ago
Margot has fallen in love with a three-bedroom, 2,500-square-foot property in her friend’s neighborhood. It’s listed for $400,00
fenix001 [56]

Answer:

subsititution

Explanation:

Since in the situation it is mentioned that margot has fallen with 3 set bedroom i.e. 2500 square foot and its amount is $400,000. Now there is another three set bedroom of 2,400 square foot and its amount is $350,000 so here two options are given and according to the price he opted for the second property

So out of two choices he should opt for one that means it is a subsititution economic principle

5 0
2 years ago
Question 1
Kitty [74]

Answer:

true

Explanation:

true<em> </em><em>yh </em><em>no </em><em>chang</em><em>e</em><em>s </em><em>true</em><em> </em><em>all </em><em>the</em><em> way</em>

5 0
2 years ago
Read 2 more answers
. According to the path-goal theory of leadership, which of the following leadership styles stresses high-quality performance an
const2013 [10]

Answer:

The correct answer to the following question will be Option C (Achievement-oriented leadership).

Explanation:

  • The Path-Goal model is indeed a concept based on clarifying the style or activity of a leader that best suits the individual and the working conditions to reach a goal
  • The achievement-oriented leader approach applies to circumstances in which the leader sets demanding workplace goals, requires them to operate at their highest possible level, and expresses control over their own lives to fulfill those standards.

Therefore, Option C is the right answer.

4 0
2 years ago
If Ed=2 and price decreases by 1%, by what percentage and in what direction will quantity demanded change?
Arte-miy333 [17]

<u>Given:</u>

Elasticity of Demand = 2

Decrease in price = 1%

<u>To find:</u>

Change in quantity demanded

<u>Solution:</u>

The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,

\% \text{ change in quantity demanded }=\% \text{ change in price }\times\text{Elasticity of demand }\\\\ \Rightarrow \% \text{ change in quantity demanded }=1\times2\rightarrow 2\%

Since, there is a decrease in price, the demand for the product will increase. Therefore, we can conclude that there will be 2% increase in quantity demanded

3 0
2 years ago
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