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Ugo [173]
3 years ago
6

The market mechanism:_______

Business
1 answer:
mafiozo [28]3 years ago
8 0

Answer:

d. Relies on prices and sales to communicate consumer wants to producers.

Explanation:

Market mechanism also known as free market economy is a market where there are no government control over what the buyers buy and what the sellers sells. Here, there are no regulations to prices of goods and services .

In a market mechanism, decisions on forces of demand and supply are made solely by individuals. Market mechanism are associated with capitalist economies unlike Government controlled markets which are associated with Socialist economies.

Examples of market mechanism are industries, companies, businesses which produces and sells goods and services at the price commensurate with what consumers want to pay . Also, companies are willing and able to pay highest wages and salaries in line with workers demand.

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This is so hard somebody please help me out of the goodness of your hearts ❤️
Artemon [7]

Answer:

I think it's C

Explanation:

Hshdh lowballing is basically changing the price lower or higher until someone agrees right.

8 0
3 years ago
Stockholders' equity of Eden Industries totals $63,000 in combined common stock and retained earnings. Assuming common stock and
TiliK225 [7]

Answer:

Under classified balance sheet, common stock and retained earnings are reported separately

Explanation:

Under equity section of balance sheet, common stock and retained earnings are line items i.e they are reported under equity section of balance sheet separately.

The total of these two should also be separated i.e the total is a line item also. And this forms the total equity provided there are no other line items for the for the period again.

6 0
3 years ago
Which of the following statements is true of activity-based costing?
Phantasy [73]

Answer:

Option B (An activity....................same activity) would be the correct choice.

Explanation:

  • ABC would be used by companies since there would be a variety of resources consumed. Throughout ABC, that each expense is identified as well as identified to something like the operation.
  • A predetermined overhead price wasn't used so rather than using numerous geographical expense driver amounts.

Only certain costs are defined in the sense of various activities as well as averaged to create each activity cost collection. That is why the above is indeed the correct answer.

5 0
2 years ago
The adjusting entry for a prepaid expense includes a debit to a(n) ______ account
ziro4ka [17]

The adjusting entry for a prepaid expense includes a debit to a expense account and a credit to an asset account.

<h3>What is adjusting entry ?</h3>

An adjusting journal entry  can be described d as the  entry in a company's general ledger which is been carried out at end of an accounting period in order to have the record of any unrecognized income or expenses.

It should be noted that The adjusting entry for a prepaid expense includes a debit to a expense account and a credit to an asset account.

Find out more on adjusting entry at :

brainly.com/question/13933471

#SPJ1

4 0
2 years ago
If Hilltop Turf Farm’s total cost of producing acres of sod is TC = 0.2 Q 2 + 120 Q + 5,000, the marginal cost of producing the
Alinara [238K]

Answer: $140

Explanation:

Based on the information given in the question, the marginal cost of producing the 50th acre of sod will be:

TC = 0.2Q² + 120Q + 5000

The marginal cost will be:

= dTC / dQ

= 0.4Q + 120

Then we put the value of Q = 50 into the equation and this will be:

MC = 0.4Q + 120

MC = (0.4 x 50) + 120

MC = 20 + 120

MC = 140

7 0
3 years ago
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