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podryga [215]
3 years ago
6

The circular flow model of a mixed economy shows _____.

Business
1 answer:
Sauron [17]3 years ago
4 0
In economics<span>, a </span>circular flow model<span> is a diagram that is used to represent the monetary transactions in an</span>economy<span>. ... The factor owners spend the income on goods which leads to </span>the circular flow<span> of payments .</span>Circular flow<span> of goods income. </span>The circular flow model shows<span> the </span>flow<span> of payments between households and firms</span>
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Which of the following production costs, if expressed on a per unit basis, would be most likely to change significantly as the p
Temka [501]

Answer:

The answer is Option D.

Explanation:

The answer is Option D.

The direct costs (materials and labor) will change if the production level varies. They are defined as the costs that are strictily related with the production of the product or service.

The fixed manufacturing overhead will vary independently of the variations of the production level. This is an example of indirect cost.

8 0
3 years ago
Line workers at a Virginia steel mill developed a new process that made the line safer. It went through only one level of manage
aleksandr82 [10.1K]

Answer:

B. Flattened management hierarchies.

Explanation:

In this scenario, the line workers at a Virginia steel mill developed a new process that made the line safer. The process went through only one level of management before it was approved by the vice president of operations. Hence, this is an example of a flattened management hierarchies.

A flattened management hierarchy can be defined as an organizational structure which eliminates a middle manager and allows the employees to be involved directly with the decision-making process.

Hence, by the removal of the middle management in an organization, the flattened management hierarchy creates a direct relationship between employees and the top executives of the company; thus, giving room for innovation and actions by employees in the decision-making process.

6 0
3 years ago
After the civil war, what became the major form of business organization because of its ability to raise money through the sale
Illusion [34]
After the civil war, CORPORATION became the major form of business organization because of its ability to raise money through the sale of shares of stock. A corporation is a type of business that is owned by stockholders who share its profits but are not personally responsible for its debts.
7 0
3 years ago
Item 25 In marketing, each __________ consists of people who are relatively similar to each other in terms of their consumption
kifflom [539]

Answer:

market segment.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

In marketing, each market segment comprises of people (consumers) who are relatively similar to each other in terms of their consumption behavior and preference or choice with respect to goods and services.

3 0
3 years ago
In the context of project management, a task duration is always the same as the amount of work (effort) it takes to finish the t
Mashutka [201]

Answer:

False

Explanation:

The statement that says that in the context of project management, a task duration is always the same as the amount of work (effort) it takes to finish the task is false because the effort is the time a person needs to finish a task while the duration is the period of time that a person has to finish it. For example, an employee has a task that takes forty hours of work to finish it but he has a month to do it. In this case, the effort is forty hours but the task duration is one month.

4 0
3 years ago
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