All categories

4 years ago

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

Business

1 answer:

ivanzaharov [21]4 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.

You might be interested in

_____ involves developing separate marketing strategies for a number of segments.

solniwko [45]

Answer:

A. Differentiated marketing

Explanation:

Differentiated marketing -

It refers to the marketing strategy , where the company tries to target to at least two specific group , is referred to as a differentiated marketing.

In this strategy , different messages are used for the same campaign of different segments.

Hence , from the given statement ,

The correct option is A. Differentiated marketing .

4 0

3 years ago

In 2019, BayKing Company sold used equipment for $17,000. The equipment had an original cost of $80,000 and accumulated deprecia

miv72 [106K]

Answer:

$73,000

Explanation:

Equipment net book value (NBV) = $80,000 - $60,000 = $20,000

Loss on sale of equipment = NBV - Sales proceed = $20,000 - $17,000 = $3,000

Net operating cash flows for 2019 = Net income - Loss on sale of equipment = $76,000 - $3,000 = $73,000

7 0

3 years ago

Specialization in a particular small job allows workers to focus on the parts of the production process where they have a(n) ___

11111nata11111 [884]

Specialization in a particular small job allows workers to focus on the parts of the production process where they have an <u>advantage</u>.

<h3>What does specialization entail?</h3>

When workers specialize in a small job, they would be focusing on the parts of production where they have an advantage thanks to their skill or experience.

For instance, when a worker specializes in welding parts of a vehicle because they are good at it, they are specializing.

Find out more on specialization at brainly.com/question/24448534

#SPJ1

4 0

2 years ago

A company wants to set up operations in a country with the following corporate tax rate structure: Taxable Income Tax Rate <$

Alisiya [41]

Answer:

Taxable income = $240,000

Amount payable = $64,850

Explanation:

As per the data given in the question,

Taxable income :

Gross revenue = $400,000

Total cost = $100,000

Net profit = $400,000 - $100,000 = $300,000

Allowable tax deduction = $60,000

Taxable income = $300,000 - $60,000

= $240,000

Tax to be paid :

Computation of tax Amount to be taxed Rate Tax

$50,000 $50,000 15% $7,500

$50,000 to $75,000 $25,000 25% $6,250

$75,000 to $100,000 $25,000 34% $8,500

More than $100,000 $140,000 39% $54,600

Total tax $76,850

Amount payable = Total tax - Tax credit

= $76,850 - $12,000

=$64,850

3 0

4 years ago

When a company tracks gross profit by department, the sales journal will..? Please help limited time!

Ilya [14]

Answer: The answer to your question is C.

4 0

3 years ago