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3 years ago

In a free market economy , who owns the factors of production ?

2 answers:

7 0

In a market economy the factors of production are owned by customers demand. As if customers demand increase (for instance) for mobiles and they are ready to pay high prices for it in a market then more firms in that market will start producing mobile

Artemon [7]3 years ago

4 0

Customers demand own the factors of production in a free market ecoonomy

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The _________ __________ of a speech are the major ideas that you will relay to receivers through your speech.

Eddi Din [679]

The main points of a speech are the major ideas that you will relay to receivers through your speech. This is the important point you want the audience to bear in mind. This is the primary purpose <span>of your speech. This is the backbone of your talk that you believe would be useful for the audience. The main points usually </span>have<span> these three basic needs – the claim, the explanation, and the evidence. You want to claim something so you are going to explain it to your audience. In order to persuade your audience, you will be providing evidences supporting your claims.</span>

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3 years ago

Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch

KengaRu [80]

Answer:

initial investment $100,000

useful life 15 years

cash flow per year = -$2,000 + $12,000 = $10,000

discount rate 5%

discounted cash flow:

1 $10,000/1.05 = $9,524

2 $10,000/1.05² = $9,070

3 $10,000/1.05³ = $8,638

4 $10,000/1.05⁴ = $8,227

5 $10,000/1.05⁵ = $7,835

6 $10,000/1.05⁶ = $7,462

7 $10,000/1.05⁷ = $7,101

8 $10,000/1.05⁸ = $6,768

9 $10,000/1.05⁹ = $6,446

10 $10,000/1.05¹⁰ = $6,139

11 $10,000/1.05¹¹ = $5,847

12 $10,000/1.05¹² = $5,568

13 $10,000/1.05¹³ = $5,303

14 $10,000/1.05¹⁴ = $5,051

15 $10,000/1.05¹⁵ = $4,810

A) discounted pay back period = 14.2 years

B) if the decision rule is a discounted payback period of 3 years, then the project should be rejected

C) the decision rule should be the NPV, which is actually positive since the DPBP is less than 15 years. Only companies that fear premature obsolescence should base their decision on the pay back period. Since this is an electronics company, it is sound to use the pay back period as a decision parameter besides the NPV.

6 0

3 years ago

Samantha believes in interference theory. What does she MOST likely believe? A. Past information can get in the way of learning

Alex787 [66]

Answer:

A: "Past information can get in the way of learning new things."

7 0

2 years ago

Managerial accounting differs from financial accounting in that managerial accounting A. is required by Generally Accepted Accou

snow_tiger [21]

Answer:

The correct option is (b)

Explanation:

Managerial accounting is for internal purpose for the managers for decision making. It is not mandatory as per GAAP, unlike financial accounting. Transactions are recorded as per the understanding of managers and not as per specific standards,

Managerial accounting focuses on data being relevant and not necessarily objective. Since, it caters to internal users, it is customized as per their requirement. Financial accounting, on the other hand needs to be highly objective as it caters to a wider audience who need transparent and reliable financial information.

Therefore, managerial accounting focuses on data relevance over data objectivity.

4 0

3 years ago

why is government intervention often crucial when dealing with both positive and negative externalities?

Dennis_Churaev [7]

Answer:

Because the government can use her sovereign power to both mitigate negative externalities as well as encourage positive externalities.

Explanation:

A positive externality occurs when the transaction between a producer and end user benefits a third party that did not take art in the process.

A very Good example is Education. There is a third party benefit to the society when we have more educated citizens.

A negative externality happens when the business transaction between a manufacturer and consumer affects a third party adversely. a typical example is cigarettes. When cigarettes is consumed by the end user, the smoke can affect the health of a third party that was not part of the initial transaction.

To deal with both positive and negative externalities, government intervention is very crucial.

Government encourages positive externalities like education by subsidizing the cost of attending a school. They also enact laws that make basic education compulsory.

In the case of negative externalities, Government can intervene with a ban on producing harmful goods and also set a legislation about smoking in public laces to mitigate the health complications caused by third party inhalation.

6 0

3 years ago