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3 years ago

Explain the role of producers and consumers in a free-enterprise economic system.

Business

1 answer:

max2010maxim [7]3 years ago

7 0

The producer MAKES the product, and sells it to retailers. The consumers buy the products from the retailers.

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Satisfaction is one of the first and most crucial steps of the staircase of motivation because motivation provides comfort to in

babunello [35]

Answer:

True

Explanation:

Satisfaction on the job has to do with achieving one's set out personal goals and also attaining growth over time in the job. To achieve this, the manager has a role to play also because the function he performs to motivate the Employees will determine if they are satisfied or not, the manager can help each employee attain growth in their chosen path by helping down through the ladder with task that are related to thier field hence giving them a form of satisfaction on the job and also reward for extraordinary performance by the manager tends to motivate the Employee to want to do more.

Fulfilment on the job is dependent on how much of much set out task individuals are able to accomplish and in the bigger picture, rhe manager comes into the center stage.

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3 years ago

Charter bank pays a 5.00% nominal rate on deposits, with monthly compounding. what effective annual rate (eff%) does the bank pa

mel-nik [20]

In order to compute for the effective annual rate, the working equation would be [( 1 + i/n)^n] – 1. The i corresponds to the nominal rate while n is the number of compounding periods per year which in this case is 12. The answer would be 5.116%.

6 0

3 years ago

The basic organizing legal document for a home-rule city is called the

Alex777 [14]

The basic organizing legal document for a home rule city is called the CITY STATUE.
Home rule refers to the government of a city, colony or an independent country by its own citizens. A general law municipality usually become eligible for home rule when the population of the people living there is more than 5,000. The law which govern the activities of those in the home rule city is called statue.

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3 years ago

Howard Co. had the following first-year amounts for a $7,000,000 construction contract: Actual costs $2,000,000 Estimated costs

Dmitrij [34]

Answer:

estimated loss from the project is $1,000,000

correct option is a. ($1,000,000)

Explanation:

given data

contract price = $7,000,000

Actual costs = $2,000,000

Estimated costs = 6,000,000

Progress billings = 1,800,000

Cash collected = 1,500,000

to find out

What amount should Howard recognize as gross profit (loss)

solution

we get in the amount to complete the project that is

amount to complete = contract price - Actual costs - Estimated costs

amount to complete = $7,000,000 - $2,000,000 - 6,000,000

amount to complete = - $1000000

so estimated loss on project

so that the total $1,000,000 loss must be recognize

so correct option is a. ($1,000,000)

5 0

3 years ago

What is the difference between ordinal utility and cardinal utility? Ordinal utility refers to A. satisfaction when consumers a

adoni [48]

Answer:

I strongly believe that the correct answer is B. Im going to give an example. if we take into account a company like Honda produces 4000 units, for example Mercedes Benz produces 7000 units, this is very important for welfare economics which tries to put values on consumption.

Explanation:

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3 years ago