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
goldfiish [28.3K]
3 years ago
15

Why should people care about the amount of production that takes place within the economy

Business
1 answer:
kodGreya [7K]3 years ago
4 0
Because of the law of supply and demand. If the economy needs more things to be produced and you can't produce them, then that's bad for the economy, and if you're producing way more than what can be sold then that's bad for the economy too. Being efficient is great for the economy and the GDP.
You might be interested in
Fill the blank ("__")
klemol [59]

The free market economy is the one where the buyers & sellers should freely select to buy or make.

The following information related to the free market economy is:

  • It should depend upon the supply & demand having no government interference.
  • In this, the buyers & sellers have the right to select for making or buying whatever they want.

Therefore we can conclude that the free market economy is the one where the buyers & sellers should freely select to buy or make.

Learn more about the economy here: brainly.com/question/11905095

3 0
3 years ago
A government inspection has required your company to upgrade the safety equipment in the manufacturing process of ice creamery.
lapo4ka [179]

Answer: Option E

Explanation: In simple words, the group of factors outside the organisation that are not in the control of the management are called external environment. The legal-political dimension refers to the rules and legislation passed by the authorities for effective operating of the society as a whole.

In the given case, the inspection leading to safety upgrade was done done by the govt. Such requirement depicts that the safety structure was not as per the law passed or rule made.

Hence, from the above we can conclude that the correct option is E.

6 0
4 years ago
Suppose when you are offered $7.00 per hour to work in the campus library, you choose not to work, but when you are offered $10.
Leno4ka [110]
You develop your labor (human capital)

Due to scarcity, choices must be made. Every choice has a opportunity cost

Everyone's goal is to make choices that maximize their satisfaction. Everyone acts in their own "self-interest"

Everyone makes decisions by comparing the marginal costs and marginal benefits of every choice.

You found it to be scarce that you were offered $3.00 dollars more than the first offer.
3 0
3 years ago
Name and describe various clauses that contracts between parties of different nations may choose to include in their agreements.
atroni [7]
<span>Negotiation: Early Neutral Case Evaluation
</span>
<span>Form of assisted negotiation. The parties select a neutral third party (generally an expert in the subject matter of the dispute) to evaluate their respective positions. The parties explain their positions to the case evaluator however they wish. The evaluator then assesses the strengths and weaknesses of the parties' positions, and this evaluation forms the basis for negotiating a settlement.
</span>
<span>Negotiation: Mini Trial
</span>
<span>Form of assisted negotiation.

A mini-trial is a private proceeding in which each party's attorney briefly argues the party's case before the other party. Typically, a neutral third party, who acts as an adviser and an expert in the area being disputed, is also present. If the parties fail to reach an agreement, the adviser renders an opinion as to how a court would likely decide the issue. The proceeding assists the parties in determining whether they should negotiate a settlement of the dispute or take it to court.
</span>
<span>Negotiation: Negotiation

</span><span>The simplest form of ADR is negotiation, a process in which the parties attempt to settle their dispute informally with or without attorneys to represent them. Attorneys frequently advise their clients to negotiate a settlement voluntarily before they proceed to trial. Parties may even try to negotiate a settlement during a trial or after the trial but before an appeal.


</span><span>Negotiation: Facilitation

</span>
<span>Form of assisted negotiation. Disputes may also be resolved in a friendly, non-adversarial manner through facilitation, in which a third party assists disputing parties in reconciling their differences. The facilitator helps to schedule negotiating sessions and carries offers back and forth between the parties when they refuse to face each other in direct negotiations. Technically, facilitators are not to recommend solutions. (In practice, however, they often do.) In contrast, a mediator is expected to propose solutions.</span>





8 0
3 years ago
Kinh tế đầu tư là gì
lakkis [162]

Answer:

..OK I know what,is the mangsanswer

Explanation:

sjaksjhshsk

8 0
3 years ago
Other questions:
  • Cold company makes large containers of ice cream at a variable cost of $10 per container. it usually sells the container for $15
    9·1 answer
  • As described in a recent annual report, Verizon Communications provides wireless voice and data services across one of the most
    6·1 answer
  • Benjamin Company had the following results of operations for the past year:Sales (16,000 units at $10.25) $164,000Direct materia
    10·2 answers
  • Pat starts a business called ValueCentral, the concept takes off, and the company has an IPO and goes public. The company is gro
    11·1 answer
  • The Rogers Corporation has a gross profit of $704,000 and $333,000 in depreciation expense. The Evans Corporation also has $704,
    10·1 answer
  • 4. Your car loan requires payments of $200 per month for the first year and payments of $400 per month during the second year. T
    9·1 answer
  • The House Subcommittee on Oversight and Investigations made its recommendations after looking into failures at each of the follo
    13·1 answer
  • The following transactions occur for the Panther Detective Agency during the month of July:
    9·2 answers
  • Blossom provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
    13·1 answer
  • Through fraudulent means, Frank induces Ethel to sign a contract to invest with him the profits from her business. When Ethel le
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!