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3 years ago

How does competition benefit the general economy?

Business

2 answers:

Ilya [14]3 years ago

6 0

Answer:

A. Lower prices can benefit the general economy.

USPshnik [31]3 years ago

5 0

C. More regulations, this keeps competition fair to avoid exploitation

(‘A’ only benefits consumers as they keep more money to themselves rather than it circulating through the economy)
(‘B’ and ‘D’ it’s pretty obvious that isn’t the case)

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1. Choose a real or made up example of a company, and describe at least three variable costs the

Softa [21]

Answer:

Let Sanguine Wines Ltd. refer to a hypothetical company for the purpose. Following would constitute Sanguine Wines Ltd's variable costs:

Raw Material or input prices: The raw material or inputs of sanguine wines limited purchases from suppliers such as dried grapes, sugar and the likes. The price of such inputs is prone to seasonal fluctuation and thus variable
The performance related incentive for employees for number of bottles of wine created, would be variable cost as it would vary with the no of bottles produced.
Discount allowed to distributors which varies based upon the number of bottles purchased by them.
Commission paid to wine salesperson which varies with respect to bottles sold.

4 0

4 years ago

Schwartz's model suggests that: Select one: A. We are always aware of our values and how they influence us B. Values are formed

Nastasia [14]

Answer:

The correct answer is letter "D": Values may conflict with each other.

Explanation:

American psychologists Shalom H. Schwartz in his "Theory of Basic Human Values" proposes there are ten (10) values driving individuals' behaviors: stimulation, self-direction, universalism, benevolence, power, achievement, hedonism, tradition, conformity, and security.

According to Schwartz, some values like benevolence and power conflict with each other but some others such as conformity and security are compatible.

3 0

3 years ago

You deposit $2,600 at the beginning of every year for 30 years into an investment that earns 9.5%. At the end of 30 years you pu

Stella [2.4K]

Answer:

Explanation:

First, find the future value of the deposits at the end of 30 years. They are in the form of an Annuity Due, therefore, set your financial calculator to BGN mode;

Total duration; N = 30

One-time present cashflow; PV = 0

Interest rate per year; I/Y = 9.5%

Recurring payment ; PMT = -2,600

then CPT FV = 426,160.32

Next, find the recurring amount of withdrawal for the 25 years. Because this is an ordinary annuity(made at the end of every year), set your financial calculator back to "END" mode;

Total duration; N = 25

Present value; PV = - 426,160.32

Interest rate per year; I/Y = 3.5%

One-time future cashflow FV = 0

then CPT PMT = 25,856.87

Therefore annual annuity amount you will withdraw is $25,856.87

3 0

3 years ago

To achieve high-quality performance, an organization needs to match job requirements and people by performing a job analysis.

scZoUnD [109]

Answer:

True

Explanation:

Job analysis helps the organization to make suitable changes in the organizational structure, so that it matches the needs and requirements of the organization.

7 0

2 years ago

Select all of the following statements that are true four years from now, in the year 2023.

tia_tia [17]

Answer:

The statements that are true four years from now, in the year 2023 are:

a. The Thrift segment will demand 7,754 thousand units

c. The Core segment will demand 9,788 thousand units

Explanation:

When it comes to the Thrift segment, the products or goods that are situated effectively and efficiently here are known to the market end users and are readily accessible. In this regard, there may perhaps be a possible rise in demand to 7,754 thousand units, continuing with the past trend of the same way.

3 0

3 years ago