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kondor19780726 [428]
3 years ago
9

From the perspective of the consumer, the factory system meant ________. Group of answer choices cheaper manufactured goods fewe

r choices in manufactured goods acute shortages of many manufactured items lower quality manufactured goods manufactured goods priced beyond the means of many consumers
Business
1 answer:
weeeeeb [17]3 years ago
4 0

Answer: Cheaper manufactured goods.

Explanation:

The factory system is a method of mass production of goods in an industrial way, which uses the line assembly system to manufacture multiple products at a lower cost, and in the least amount of time.

With this production system, the industrial era began in Great Britain, and today is the most widely used method of producing merchandise worldwide due to the low costs involved in the production.

<em>I hope this information can help you.</em>

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You have been at fault in your second accident in six months. your insurance company is going to increase your annual premium by
yawa3891 [41]

Your adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is <u>$1,248</u>.

<h3>What is the annual premium?</h3>

The annual premium is the amount that a policyholder pays to the insurance company for a one-year insurance policy.

The annual premium helps to guarantee payment of indemnity when the covered events occur.

This implies that the annual premium is a periodic contribution that helps in the pooling of risks by the insured to help the insurer meet its indemnity obligations.

<h3>Data and Calculations:</h3>

Current annual premium = $975

Increase in annual premium = 28%

Adjusted premium = $1,248 ($975 x 1.28)

Thus, the adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is <u>$1,248</u>.

Learn more about the annual premium at brainly.com/question/25280754

6 0
2 years ago
If the demand for an item increases,what effect will it have an price and quantity? A) price will increase and quantity increas.
vodka [1.7K]

Answer:

A) price will increase and quantity increase.

Explanation:

An increase in demand means more customers are willing and can afford to buy a product. Holding the other factors constant, an increase in demand results in many potential buyers chasing very few goods. The competition for the few goods leads to an increase in their prices. The equilibrium point moves up the graph to a new higher position as a result of an increase in demand.

As per the law of supply, quantity supplied increases as prices rise. Profit motives drive all business establishments. As prices increase due to increased demand, suppliers will be motivated to supply more to take advantage of high prices.

6 0
3 years ago
Based on the spreadsheet below, what is the net cash flow? A 2-column spreadsheet showing Cash Inflows and Cash Outflows. Total
Vadim26 [7]

The net cash flow is <u>A. $290.</u>

<h3>What is net cash flow?</h3>

The net cash flow is the difference between the cash inflows and the cash outflows.  It can be positive or negative.  When the cash inflows are greater than the cash outflows, the net cash flow is positive.  The opposite is the case when the cash outflows exceed the cash inflows.

<h3>Data and Calculations:</h3>
  • Total Cash Inflows = $2,040
  • Total Cash outflows = $1,750
  • Net cash flows = $290 ($2,040 - $1,750)

Thus, the net cash flow based on the spreadsheet is <u>A. $290.</u>

Learn more about the net cash flow here: brainly.com/question/4326360

6 0
3 years ago
Which of the following statements is not correct?
Alexeev081 [22]

Answer:

B. The owner's drawing account is closed to the Income Summary account

Explanation:

5 0
3 years ago
The Fruitiest Candy Company finds that from time to time it needs short-term funds to cover its operating expenses. It wants to
e-lub [12.9K]

Answer:

The answer is: E) set up a line of credit with a bank that offers a revolving credit agreement.

Explanation:

A revolving credit is a credit line where the bank charges a business a commitment fee and allows the business to borrow money and use it only when they need the funds. This type of credit line lets the business decide when to use the money according to their cash flow needs.

7 0
3 years ago
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