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2 years ago

can be useful in analyzing how a choice affects a particular market and shapes the economic system as a whole.

1 answer:

galina1969 [7]2 years ago

3 0

Microeconomics can be useful in analyzing how a choice affects a particular market and shapes the economic system as a whole.

The decision-makers are assisted by the study of microeconomics in analyzing and deciding how productive resources are distributed among various goods and services. Additionally, it aids in resolving the conundrum faced by producers on what to make, how much to produce, and for whom to produce.

<h3>What is the main purpose of microeconomics?</h3>

The allocation of resources for production, exchange, and consumption by individuals and businesses is the subject of microeconomics. The study of economy-wide aggregates is left to macroeconomics whereas microeconomics deals with the prices and production in individual markets as well as the interaction between different markets.

Businesses can better understand consumer spending patterns and motivations by using microeconomics. What is sold, how it is sold, and why it is sold can all be influenced by the science behind how customers and even businesses buy. Ultimately, supply and demand govern almost every aspect of the business.

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Question 13 What is the value of Country 2's net exports?

blondinia [14]

Option B, $45 Billion

6 0

2 years ago

Bill Wessels has reviewed the strategic plan from corporate headquarters and is considering how to develop an annual business pl

LekaFEV [45]

Answer:

Bill is probably a(n)

SBU manager.

Explanation:

Bill Wessels, as a strategic business unit (SBU) manager, is responsible for strategic planning, profitability, and performance of his business unit. The SBU is a separate identifiable business unit in an entity with other SBUs. It has a manager, who is largely autonomous in pursuing the business mission of the unit. It manages and accounts for its resource utilization separately from other units. Its performance is evaulated based on set criteria.

5 0

3 years ago

Licensee mike was owed a commission from seller jane. jane has refused to make payment. what recourse does licensee mike have?

Westkost [7]

Licensee mike was owed a commission from seller jane. jane has refused to make payment. The recourse licensee mike has is he can seek damages from his broker.

A sales commission is typically an amount paid to an employee upon completion of a task for the sale of a specified quantity of goods or services. Employers sometimes use sales commissions as an incentive to increase employee productivity. Commissions may be paid in addition to or in lieu of salary.

Commission-based compensation benefits employees because they are ultimately in control of their income. In many ways, when a company uses commission payments, it doesn't limit an employee's potential to increase their income. Jobs that typically earn commissions include:

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5 0

2 years ago

The liabilities of Blue Spruce Company are $87,000. Common stock account is $145,000; dividends are $44,000; revenues, $462,000;

kotykmax [81]

Answer:

$332,000

Explanation:

Given that,

Liabilities = $87,000

Common stock = $ 145,000

Revenue = $ 462,000

Expenses = $ 318,000

Dividends = $ 44,000

Total assets = Liabilities + Common stock + Revenue – Expenses – Dividends

= $87,000 + $ 145,000 + $ 462,000 - $ 318,000 - $ 44,000

= $ 694,000 - $ 362,000

= $332,000

Therefore, the amount of Blue Spruce Company’s total assets is $332,000.

4 0

3 years ago

How do investment banks differ from commercial? banks? ?(mark all that? apply.)?

jenyasd209 [6]

Investment banks help companies to purchase, sell and make investments using bonds while commercial banks are concerned on managing deposits on both savings and checking account.

Investment banks aid companies on bringing their investments on public offers; commercial banks are focused on providing security for the clienteles money.

Investment banks have some degree of freedom in choosing their own strategies while commercial banks have more risks because they are open to public transactions.

4 0

3 years ago