1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Liula [17]
3 years ago
6

A characteristic of the market system is:A. Extensive use of direct methods of productionB. A focus on labor, as opposed to capi

tal resourcesC. Reliance on the use of capital goods to expand total outputD. Avoidance of producing goods that do not satisfy consumer wants directly
Business
1 answer:
riadik2000 [5.3K]3 years ago
5 0

Answer: Option C

Explanation: In a market system, the suppliers are willing to produce those goods that have value to the consumers directly or indirectly. The focus is on maximizing output for achieving the economies of scale so that goods could be sold at a lower price, thus, increasing the sales.

Hence,the suppliers in case of market system use more of capital goods as they produce more output and relatively shortens the cost per piece.

Thus, the correct option is C.

You might be interested in
Documents of Trade
BlackZzzverrR [31]

Answer:

Here's ur answer

Explanation:

  • letter of enquiry
  • Quotation
  • receipt
  • order
  • delivery note
  • credit note

Hope it's helpful.. if so mark me as brainlist n thank me also

7 0
3 years ago
Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?
Elenna [48]
Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?
<span>
It has low liquidity because selling would often require selling at a loss.

High volatile investments are investments that always fluctuates in the market. It can generate you very high income or very low income. It has low liquidity because when you sell it right away, you tend to sell at a loss.</span>
6 0
3 years ago
What is the money that people earn for their labor called?
Aleksandr [31]
The correct answer is:

C. Income.

Have a great day! :)
4 0
3 years ago
Read 2 more answers
Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $3
Zepler [3.9K]

Answer:

The entry will be:

May 3

Dr Allowances for doubtful debt               3,700

Cr Account Receivable                             3,700

(to record written-off of receivables)

Explanation:

As the company uses the allowance method of accounting for uncollectible accounts, the company would actively review and book bad debt expenses for any debt in doubt of collection. The entry would be: Dr Bad Debt Expenses & Cr Allowance for doubtful debt.

When there is sufficient evidences that these debts go default, no more expenses will be recorded, instead, the account receivable will be written off ( Cr) with the offsetting entry is Dr Allowance for doubtful debt.

4 0
3 years ago
You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of
vlada-n [284]

You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of information to help make better business decisions by answering the following questions. Soybean futures are option C. contracts where a buyer agrees to purchase soybeans at a specific time in the future.

The price of soybean futures has increased over the last three months. as a soybean equipment supplier, how you would respond is that A higher futures price indicates that farmers expect to be able to sell soybeans at <u>higher</u> price in the future. You should <u>increase</u> the amount of soybean farming equipment you plan on supplying to the market.

<h3>Who is a store manager?</h3>

A store manager also known as a retail manager is the person powerfully responsible for the every day activities (or management) of a retail store. All employees working in the store report to the retail/store manager. A store manager reports to a district/area or general manager.

Therefore, the correct answer is as given above

learn more about store manager: brainly.com/question/28219371

#SPJ1

6 0
2 years ago
Other questions:
  • g During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $30,591, $69,5
    15·1 answer
  • The number and magnitude of decisions and problems that must be addressed during an emergency are a direct outgrowth of: A. The
    7·1 answer
  • The demand for cable television is relatively elastic, because if the price gets too high, people will rent dvds or videos inste
    5·2 answers
  • The Great Depression changed attitudes toward the labor movement.
    15·1 answer
  • Texas Inc. has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock ou
    13·1 answer
  • Write an essay with the topic: Information logistics system is one of the major topics of interest to manufacturing and logistic
    11·1 answer
  • The following trial balance was extracted from the books of Kalekeno, a sole trader, at 31st Dec2018:
    14·1 answer
  • Suppose that a couple of months after the new pizza restaurant opens, the local government institutes a $14 per pizza price ceil
    9·1 answer
  • If the authorized sources do not provide sufficient guidance, you should:
    7·1 answer
  • Typically, the ________ style of leader avoids dominating groups. autocratic laissez-faire authoritarian democratic
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!