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
LUCKY_DIMON [66]
4 years ago
9

What economies are driven by supply and demand?

Business
1 answer:
Novay_Z [31]4 years ago
3 0
<span>The world’s economic systems fall into one of four main categories: traditional economy, market economy, command economy and mixed economy; however, there are unlimited variations of each type. An economic system must define what to produce, how to produce it and for whom to produced it. Depending on the products produced and the environment, certain economic strategies will be more successful than others. This might help :)</span>
You might be interested in
What nominal return was received by an investor when inflation averaged 3.46% and the real rate of return was 2.5%
Colt1911 [192]

Answer:

Nominal rate of return= 0.0596 = 5.96%

Explanation:

Giving the following information:

Inflation averaged 3.46%

The real rate of return was 2.5%

<u>To calculate the nominal rate of return, we need to use the following formula:</u>

Real rate of return= nominal rate of return - inflation rate

Nominal rate of return= real rate of retunr + infaltion rate

Nominal rate of return= 0.0346 + 0.025

Nominal rate of return= 0.0596 = 5.96%

7 0
3 years ago
A form of ownership that involves multiple outlets under common ownership is refered to as
Sergeu [11.5K]

Answer:

Corporate chain

Explanation:

The corporate chain is that chain that owns its multiple outlets so that it can ensure the day to day activities, profit or losses for a given period of time.  

The aim of this to maximize the profit to the greatest extent and captures the market by providing them excellent services so that it can achieve the highest growth during a particular period which results in them into maintaining its reputation and goodwill

3 0
3 years ago
George Washburn had earnings from his salary of $34,000, interest on savings of $800, a contribution to a traditional individual
elena-s [515]

Answer:

$33,900 (none of the options given in the question are correct).

Explanation:

George's adjusted gross income (AGI) will include his personal earnings from his salary, the interest that he has earned from savings, and the dividends that he got from mutual funds, but it will not include his contribution to his individual retirement account, because individual retirement accounts are not included in AGI.

Therefore, George's AGI is equal to:

$34,000 + $800 + $600 - $1,500 = $33.900

4 0
3 years ago
The rent for​ 2-bedroom apartments in Detroit has fallen from an average of​ $796 in September 2014 to​ $717 in March 2015
Daniel [21]

Answer:

Disagree

Explanation:

The decrease in the demand for the apartments caused the decrease in the rent price, not vice versa. When the quantity demanded of a product decreases, the equilibrium price will also decrease.

This situation was probably the result of a leftward shift in the demand curve which resulted in a decrease of both the quantity demanded and the rental price. In my opinion, this shift was probably due to a decrease in the income of people demanding rental apartments. Detroit's largest industry is the car industry, and American car manufacturers are not doing very well lately.

3 0
3 years ago
Answer these all ASAP
Hitman42 [59]

Answer:

A, A , D then 1 is C, 2 is A, 3 is B, 4 is D

Explanation:

here is your answer.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Brief Exercise 5-1 Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginnin
    13·1 answer
  • Eco products, inc., makes espresso machines and sells one to fresh roast café. gus, a café' employee, is injured when the machin
    13·1 answer
  • What are the different schools (beliefs) of decision making?
    12·2 answers
  • *The quality of the income-inequality generated by Michael Jordan, (His Airness), among the Chicago Bulls players, is similar to
    7·1 answer
  • A corporate CEO wished to relay good news about the prospect of a new technology being created, but was reluctant to do so. Inst
    15·1 answer
  • Each business unit has marketing and other specialized activities (e.g., finance, manufacturing, or research and development) at
    6·2 answers
  • MAX Electronics produces tiny wireless speakers that can be used with computers and MP3 players. The firm has built new factorie
    6·1 answer
  • Supplies had a beginning balance of $4,000. A physical count at the end of the accounting period revealed $2,500 supplies on han
    10·1 answer
  • Serenity is a manufacturer of outdoor fountains that are popular in gardens. even though fountains represent a product category
    13·1 answer
  • A manufacturer reports the following costs to produce 30,000 units in its first year of operations: Direct materials, $30 per un
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!