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
Anettt [7]
3 years ago
7

Why do markets exist?

Business
2 answers:
xenn [34]3 years ago
5 0
To provide a place for people to trade goods and services
padilas [110]3 years ago
4 0
Markets exist to provide a place for people to trade goods and services. It makes life more convenient as you would go to one place to find what you need instead of scouting the town or city for goods/services.
You might be interested in
To protect certain fledgling industries, the government of country Z banned imports of the types of products those industries we
KIM [24]

Answer;

A

Explanation:

two types of industries are made mention of in this question.

1)Local Fledgling Industries

2)Export Dependent Industries,who are being forced to buy products from local industries now.

Since the Government has placed a ban on the importation of the products that are being made by the local fledgling industries. The implication of this is that:

1. Buyers of those import products will experience a rise in the Cost of those products as the competition faced by the Fledging industries decreases.

2. Competing becomes difficult for Export dependent industries. This is because of inflation. They now have to buy the same product at an inflated cost, thereby reducing profits.

7 0
3 years ago
Read 2 more answers
In general, as price increases, demand decrease? True or False.
enyata [817]

False, the reason the prices raise is because of high demand. If people want a product they will buy it at a higher price.

8 0
3 years ago
Read 2 more answers
Would rocks make a good form of money? Explain why or why not?
barxatty [35]

Answer:

no.

Explanation:

They are to common.

8 0
4 years ago
Based on the expectancy theory, managers who want to motivate their employees should: (select 2 that are true)
emmasim [6.3K]

Determine the rewards valued by each employee, link rewards to performance, determine what factors might counteract the effectiveness of a reward, and make sure the rewards are adequate for the level of performance.

<h3><u>What is expectancy theory?</u></h3>

Expectancy theory is a thought method that emphasizes personal preference and the decision-making process. The process that different people go through when making decisions is outlined by expectancy theory. These options could be decisions for the real world, educational decisions, or fun decisions.

These people base their decisions on expectations of the outcomes of their decisions. We frequently make clothing decisions based on our desire to be both comfortable and ready for the day's events.

Learn more about managers with the help of the given link:

brainly.com/question/14224713

#SPJ4

8 0
2 years ago
You manage a plant that​ mass-produces engines by teams of workers using assembly machines. The technology is summarized by the
Mashcka [7]

Answer:

$2200

Explanation:

will be Lq25.The total cost function is thus given by the sum of the costs of capital, labor, and rawmaterials:TC(q) = rK +wL +2000q = (10,000)(5) + (5,000)(q25) + 2,000 qTC(q) = 50,000 +2200q.The average cost function is then given by:AC(q) TC ( q ) q  50,000  2200 q q . and the marginal cost function is given by: MC ( q )   TC  q  2200.

5 0
3 years ago
Other questions:
  • Elkhorn Company purchased merchandise on account from Springhill Company for $42,000, terms 2/10, n/30. Elkhorn returned merchan
    9·1 answer
  • A tariff is a tax on exported goods.<br> a. True<br> b. False
    12·1 answer
  • A stock is expected to pay a dividend of $1 per share in 2 months and in 5 months. the stock price is $50, and the risk-free rat
    7·1 answer
  • An investor can trade Foreign Currency Options on all of the following EXCEPT:
    15·1 answer
  • Mini-CaseSparky Weyer, president and CEO of Minimotors, Inc., a growing manufacturer of small (some of them downright tiny) elec
    10·1 answer
  • Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable cost
    6·1 answer
  • Suppose the equilibrium price of bottled water has risen from $1.00 per bottle to $2.00 per bottle and the equilibrium quantity
    13·2 answers
  • Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a
    14·1 answer
  • A positive consequence of organizational distress may take the form of: a. functional turnover. b. absenteeism. c. employee work
    6·1 answer
  • Some consumer researchers focus on one specific trait, such as conscientiousness, that exists across a number of consumers, to p
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!