A possible cause of favourable material price is

Each of the following statements describes how the political and legal environment encourages productivity EXCEPT: A. Well-defin

natita [175]

Answer:

C. Price changes in markets provide suppliers incentives to supply goods to markets.

Explanation:

Price changes in the market has two perspective,

increase in price, will increase the productivity for retailers,
decrease in price, will decrease the productivity for retailers.

With increase the retailers expect to earn more, and with decrease the retailers expect to earn less.

This is a normal market condition and scenario, this does not link to any kind of political or legal environment, although the change in price might be due to political or legal policies, but the increase or decrease in productivity, is not related to any political or legal influence.

6 0

3 years ago

When a firm decides to use skilled professionals to produce its output, what question is the firm answering? When a firm decid

Stella [2.4K]

Answer:

The correct answers are "How?"; "What?"; and "Who?" respectively.

Explanation:

To begin with, in the economics science there is a big importance that the professionals of the area give to answering the questions mentioned before. Those questions are: "What to produce?"; "How to produce it?" and "To who we produce it to?". And the importance in that resides in the fact that the economy itself as a whole and therefore the companies and small producers among them need to understand what are they going to produce for the economy, to who they will sell it to and how will the produce it.

In conclusion, when the firm decides to use skilled professionals to produce its output they are answering the question of "How?". When the firm decides to produce organic fruit rather than non dash organic fruit, then they are answering the question of "What?". And the when the firm finds out who gets the goods and services that are produced, they are answering the question of "Who?".

7 0

3 years ago

2. A depositor puts $25,000 in a saving account that pays 5% interest, compounded semiannually. Equal annual withdrawals are to

Umnica [9.8K]

Answer:

The correct answer is $1265.60.

Explanation:

According to the scenario, the given data are as follows:

Present Value (PV) = $25,000

Rate of interest = 5%

Rate of interest ( semi annual) (r) = 2.5%

Time period (semi annual) = 2

So, First we calculate the effective annual interest rate,

Effective annual interest rate = ( 1 + r)^n = (1.025)^2 -1

=5.0625%

So, Annual Withdrawal = PV × Effective annual interest rate

by putting the value, we get

Annual withdrawal = $25,000 × 5.0625%

= $1265.60

7 0

3 years ago

What type of veggies should be cooked before grilling?

lakkis [162]

I would say B starchy vegetables

5 0

3 years ago

Bob DeSlob is CEO of Westlake Inc. that manufactures and sells widgets. Bob has decided that a safety feature recommended by the

Citrus2011 [14]

Answer:

The correct answer is letter "B": Profit maximization.

Explanation:

Top executives are in charge of decision-making in companies. The path the firm will take depends on them. Their ultimate goal is always to maximize the profits of a firm. For such a thing to happen several accounting and operations analysis is conducted to make adjustments on production or engage in the manufacturing of new goods.

An ethical dilemma arises when <em>profit maximization</em> implies affecting others through pollution or the manufacturing of products that could be somehow risky. Managers in most cases would prefer to cut the costs of production but they must find a balance between generating more revenue and fulfilling the minimum quality requirements so that the goods or the production of them does not put others at risk.

6 0

3 years ago