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Romashka [77]
3 years ago
5

From an economic context, select the correct definition of a market.

Business
1 answer:
ivanzaharov [21]3 years ago
5 0

Answer:

an institution that brings together buyers and sellers of goods or services

Explanation:

The economic definition of a market is ; it is an institution that brings together buyers and sellers of goods or services. They therefore interact with each other and exchange these goods and services for money. For the given examples of a market, you will make a choice based on the above definition and all of them are correct.  NFL players hoping to sign with a team are suppliers of expertise and  teams looking for additional players are buyers. Trader Joe's grocery store is a seller of goods and the  "foodie" people are the buyers, same to local farmer's market . The New York Stock Exchange is a securities market too.

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D
vichka [17]

Answer:

income - expenses

Explanation:

net income is an entity's income minus all the expenses, taxes etc and net worth is the total wealth own by individual minus expenses.

3 0
2 years ago
The graph below represents the low-wage labor market demand curve for a U.S. city; there is also a line (MinWg) showing a $12 ho
alexandr402 [8]

The new ordinance will make a difference when the new wages will be binding.

<h3>How to depict the information?</h3>

It should be noted that the supply curve shows the relationship between the price and the quantity supplied.

Based on the information given, when the equilibrium wage is above the minimum wage, the ordinance won't make a difference.

On the other hand, when the equilibrium wage is below the minimum wage, it'll make a difference for the worker.

Therefore, joining the lowest of the two points will give the equilibrium.

Learn more about supply curve on:

brainly.com/question/26430220

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7 0
2 years ago
Write a brief memo to the Chairman of the Board explaining how much you plan to invest in the Company and what you project the r
MAXImum [283]
One breif memos are awesome but sorry din't know
7 0
3 years ago
Gross Domestic Product or GDP can be
Talja [164]

Answer:

f)All of the above or any of the above

Explanation:

GDP or gross domestic product is the aggregate of the values of goods and services produced within a country's boundaries. In calculating the value of GDP, economists consider the value of finished goods only.

GDP is calculated using the expenditure approach and the income approach. With the expenditure approach, GDP is the sum of all consumers, government, incomes, and net imports. The result is GDP and also the aggregate demand.

In the income approach, the GDP is the sum of all national incomes . In other words, GDP is equal to Sales Taxes plus Depreciation and Net Foreign Factor Income.

4 0
3 years ago
Before year-end adjusting entries, Marigold Corp.'s account balances at December 31, 2020, for accounts receivable and the relat
svetlana [45]

Answer:

$1,302,000

Explanation:

To calculate the net realizable value of accounts receivable we have to subtract the value of accounts receivables aging report from total accounts receivable = $1,430,000 - $128,000 = $1,302,000

The accounts receivables aging report lists unpaid clients' invoices and unused credit memos.

4 0
3 years ago
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