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
frutty [35]
3 years ago
5

Which economic player is most closely associated with the dual role of consumer and producer?

Business
1 answer:
Naily [24]3 years ago
8 0
<span>worker

The </span>economic player that is most closely associated with the dual role of consumer and producer is the worker because he produces goods with his work, and so a worker is a producer, but he also consumes other goods, so the worker is also a consumer.
You might be interested in
Mr. Smith put his laptop up for sale. He is aware of the fact that the laptop malfunctions frequently. However, none of the pote
zaharov [31]

Answer: The presence of asymmetric information

                                               

Explanation:  In simple words, asymmetric information refers to the situation when one party to a contract have extra information regarding a subject than the other party of the contract.

Asymmetric information creates the potential of misconduct from the leading party as they can easily cheat the other party by concealing that important information.

In the given case, Mr. Smith was aware that his laptop is not working properly but still he sold its to a customer who was not aware of it. Thus, we can conclude that the correct option is C.

5 0
3 years ago
Assume an analyst has been hired to estimate the price elasticity of demand for hamburger (which sells for about $2.30 per pound
Pepsi [2]

Answer:

The correct answer is B

Explanation:

Price elasticity of the demand evaluates the demand responsiveness after the change or variation in the product own price.

The formula for computing the coefficient of price elasticity, is the factors which affect the elasticity and also elasticity is vital for business when deciding the prices.

So, Filet mignon(F) sells for $20 per pound when compared to that of hamburger (H) which sells the product for $2.30 per pound. F have the higher price as compare to the H, therefore, the coefficient of the price elasticity of demand in absolute value will be high or larger for F than that of H.

6 0
3 years ago
The Fed's Federal Open Market Committee
Juliette [100K]

Answer and Explanation:

d. is the Fed's primary monetary policymaking body.

7 0
3 years ago
A firm uses a standard costing system and allocates variable overhead costs based on direct labor hours. The annual budget proje
DENIUS [597]

Answer:

Your answer is given below:

Explanation:

Statement showing Computations  

         Paticulars                                                                             Amount

Variable overhead cost per unit =100,000/1,000                   100.00

Standard Variable overhead for 750 Units = 750 * 100             75,000.00

Actual Variable overhead             75,000.00

Variable overhead spending variance= Standard VO - Actual VO  

Variable overhead spending variance= 75,000 - 75,000  

Variable overhead spending variance= 0

8 0
2 years ago
Brenda says her assets are definitely greater than her liabilities. which explains whether brenda is correct? brenda is correct
yuradex [85]

Brenda is not correct because the total value of her assets could be less than the liabilities.

<h3>What are liabilities?</h3>

A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.

Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.

Assets can be contrasted with liabilities. Assets are items you own or owe money to, whereas liabilities are debts or other obligations.

An obligation between two parties that has not yet been fulfilled or paid for is generally referred to as a liability.

Learn more about liabilities

brainly.com/question/14921529

#SPJ4

3 0
2 years ago
Other questions:
  • Meadow Company produces hand tools. A sales budget for the next four months is as follows: March 10,500 units, April 13,600, May
    10·1 answer
  • Journalize the following transactions for Griffin Company. Assume a perpetual inventory system. Also, assume a constant gross pr
    15·1 answer
  • A railroad which runs between two cities offers two products: passenger and freight service. The marginal cost of carrying an ex
    15·1 answer
  • Rosenthal company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the uretha
    7·1 answer
  • Which of the following statements about federal student loans is true
    11·1 answer
  • Which of the following is an example of a negative externality?a. bad weather reduces the size of the wheat cropb. a reduction i
    10·1 answer
  • is considering permanently shiutting down a department that has an annual contribution margin of $25,000 and $75,000 in annual f
    9·1 answer
  • Jack wants to build a business with a 42-foot sign on the top of his building. He believes that the sign will generate a lot of
    10·1 answer
  • In a fairly large portfolio, the ...................... risk associated with one stock typically has no impact on the portfolio
    9·1 answer
  • Choose one career position that is available in most hotels. What challenges would someone face while working in this position?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!