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Hitman42 [59]
3 years ago
5

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

Business
2 answers:
Charra [1.4K]3 years ago
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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For each of the following types of indirect expenses and service department expenses, identify one allocation basis that could b
hodyreva [135]

Answer: (A) Computer service expenses of production scheduling for operating departments

Explanation:

 The computer services expenses of the production scheduling is one of the type of indirect expenses and also the type of service department expenses type in the operating department.

 The indirect expenses is one of the type of expenses that cannot be directly contribute with the cost object or services in the business department expenses.

 According to the given question, the computer service expenses is one of the allocation basis that is used as the indirect expenses in an organization or firm and the indirect expenses are categorized into two main parts that is:

 1) Fixed

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Therefore Option (A) is correct answer.          

5 0
3 years ago
Your company has sales of $ 93,600 this year and cost of goods sold of $ 64,700. You forecast sales to increase to $ 117, 400 ne
Gre4nikov [31]

Answer:

COGS= $81,146.88

Explanation:

Giving the following information:

Your company has sales of $93,600 this year and the cost of goods sold of $64,700. You forecast sales to increase to $ 117, 400 next year.

First, we need to calculate the percentual participation of cost of goods sold:

%COGS= 64,700/93,600= 0.6912= 69.12%

<u>Now, using the same percentage, we calculate the cost of goods sold for the estimated new sales:</u>

COGS= 117,400*0.6912= $81,146.88

3 0
3 years ago
Please help
vitfil [10]
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Explanation:

6 0
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Based on the information given, it can be inferred that the type of tax that is illustrated is known as the <u>diagnostic analytics.</u>

Diagnostic analytics simply means a form of advanced analytics that is vital for the examination of data in order to be able to answer the question "why did it happen?"

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Read more about tax on:

brainly.com/question/25815069

6 0
2 years ago
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