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2 years ago

Economists use the distinction between private and public goods to determine __________

1 answer:

8 0

Economists use the distinction between private and public goods to determine what projects and activities should be undertaken by the government.

In the economy, there are different types of goods among which, public goods are goods which are produced by the government or by nature for the welfare of the people without any cost. On the other hand, private goods are the ones manufactured and sold by private companies to earn a profit.

Economists use this distinction between different goods to allow the government to decide which goods are considered public goods so that the government can channel the funds in order to provide the public goods to the economy.

Hence, both public and private goods have their own importance in the economy.

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Customer service research shows that ____ of customers defect from a company because they were treated with an attitude of indif

dimaraw [331]

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3 years ago

Excom sells radios and each unit carries a two-year replacement warranty. The cost of repair defects under the warranty is estim

Stels [109]

Answer:

D. $358

Explanation:

The computation of the Product Warranty Expense is shown below:

= Number of radios sold × selling price per radios × estimated warranty percentage

= 132 radios × $54 × 5%

= $356.40

i.e $358 approx

By multiplying the number of radios sold with the selling price and the estimated warranty percentage we can get the product warranty expense 58

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3 years ago

Lee operates injection molding machines on a regular basis. He is responsible for observing meters to verify press-cycle times,

kenny6666 [7]

Answer:

Explanation:

Line Function

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4 years ago

Levon sells cartoon balloons in town. His family business thrives. Levon's balloons are priced at $8.00 each and sells 350 ballo

ratelena [41]

<h3>Answer</h3>

The market share of Levon is 28%

<h3>Explanation</h3>

Total revenue of Levon is calculated:

$8 * 350 balloons = $2,800 per month

Total Revenue of the market:

$5 * 2000 balloons = $10,000 per month

Dividing Total Revenue of Levon with Total Revenue of the market

$2,800 / $ 10,000 = 0.28

Convert into percentage by multiplying with 100

0.28 * 100 = 28%

<h3>Conclusion</h3>

The market share of Levon is 28%

Learn more about Business at brainly.com/question/26556204

4 0

2 years ago

Two teams in a company have a conflict over which team will work on a lucrative project. Both teams want to work on the project.

Triss [41]

Answer:

<u>Compromise</u>

Explanation:

Two teams in a company have a conflict over which team will work on a lucrative project . Both teams want to work on the project. Eventually, they decide to work together on the project and share the credit for its completion . In the given scenario ,<em> compromise</em> method is used to resolve the conflict.

We know that compromise is a way by which we can settle any conflict it just depend upon the person. It helps in settling differences among the two person or group of individuals.

While compromising we should always listen the words of both the parties and try to understand their saying. And try to come up with some ways , which can be used by both parties. It helps in making a balance between the parties.

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4 years ago