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Phantasy [73]
3 years ago
10

Describe what an insurance company does and sells without using the word insurance

Business
1 answer:
Crank3 years ago
8 0
If something goes wrong, the company will make sure you're not completely screwed.
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Explain the importance of mass communication​
pashok25 [27]
Another important objective of mass communication is to create public opinion on any national or international issue. Mass media attempts to create public opinion through providing their audiences with a realistic picture of the world, activities of the leaders, governmental politics
8 0
2 years ago
How do monopolistic competitors try to make their products stand out?
BlackZzzverrR [31]

Answer:

They lower their prices.

Explanation:

As a<u><em> monopoly is stablished</em></u> then the next step is to<u><em> reduce prices </em></u>when competitors try to enter the market so they remain being the company with the biggest<u><em> share of the market. </em></u>

6 0
3 years ago
Osborn Manufacturing uses a predetermined overhead rate of $20.00 per direct labor-hour. This predetermined rate was based on a
egoroff_w [7]

Answer:

1. Manufacturing overhead applied = Actual hours * Predetermined overhead rate

Manufacturing overhead applied = 13300 * $20

Manufacturing overhead applied = $266,000

From the question, Osborn Manufacturing actually incurred $275,000 of manufacturing overhead. Hence, the Manufacturing overhead is under-applied because the applied manufacturing overhead is less than the actual manufacturing overhead

Hence, Manufacturing overhead under-applied = $275,000 - $266,000

= $9,000

2. Since the applied manufacturing overhead is less than the actual manufacturing overhead, the gross margin would decrease by $9,000. The journal entry will use the under-applied manufacturing overhead for record.  

6 0
2 years ago
If in the past Congress had taken additional actions to make saving more rewarding, then today it is likely that the equilibrium
posledela

Answer:

C

Explanation:

In this question, we are looking at what would be the later effect of the Congress taking steps to make sure that there is an increase in the amount of returns on savings for example, say the amount of interest rate on saved money is increased.

What will happen in this case is that the equilibrium interest rate would be lower while the equilibrium quantity of loanable funds will be higher. What he meant by the equilibrium interest rate is that it is the interest rate at which the amount of money demanded is equal to the amount of money supplied.

Due to the legislation by congress, it is expected that more money would be supplied in terms of bank deposits as people would want to make a higher profit off the legislation. The effect of this is that the equilibrium interest rate will be lower as its balance would have been upset my the availability of more deposits and less demand.

We also say that the equilibrium level of loanable funds will be higher. This is because there would be more money present in the vaults of the bank as savings have been encouraged and people are expected to fill the bank with more money. This thus means the bank has more money to throw around via loans as there is an increase in the amount of savings. This surely would drive up the equilibrium quantity of loanable funds

5 0
2 years ago
Why MERCOSUR is trade diversion and what are the impacts of MERCOSUR on firm operations?
poizon [28]

Answer:

MERCOSUR may have made trade more difficult.

Explanation:

It is a trade divergence due to numerous reasons. It influences nations outside the association since they can't offer to those nations as effectively. The idea was to make a worker's union that would enable every nation to get off their feet and strengthen one another. Yet, it winded up harming one another and different nations for the reasons that it made the trade even more difficult than it was before. So, the impacts of MERCOSUR on firms operation are negative; it made trade more difficult, especially with other countries.

5 0
2 years ago
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