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]
3 years ago
9

What economies are driven by supply and demand?

Business
1 answer:
Novay_Z [31]3 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
For the current year ended October 31, Friedman Company expects fixed costs of $14,300,000, a unit variable cost of $250, and a
Nana76 [90]

Explanation:

Breakeven=fixed cost/selling price - variable cost

so 14,300000/380-250

14,300000/130 = 110,000 units to be able to make break even

5 0
3 years ago
Mensa is a society for "geniuses." one way to qualify for membership is having an iq at least 2.5 standard deviations above aver
7nadin3 [17]
According to the scale, an average person would posses the mean of 100 IQ <span>and standard deviation of  15. If to be a member of mensa one should have </span><span>an iq at least 2.5 standard deviations above average, the minimum iq should be: 
</span>
2.5 = (x-100)/15

x = 137.5 >>>>> Less than 1% population belong to this IQ group or higher.


7 0
3 years ago
Read 2 more answers
Helppp please
Nikolay [14]
The answer has to be true
6 0
3 years ago
"The price of coffee increases by 10%, and as a result, Alex purchases fewer donuts. This suggests that to Alex, coffee and donu
Travka [436]

Answer:

Complementary goods

Explanation:

Complementary goods are goods that are demanded for together or consumed together. If the demand for one of the complementary goods increases, the demand for the other good increases and vice versa.

If the price of coffee increases by 10%, the demand for coffee and doughnut would fall according to the law of demand.

I hope my answer helps you.

8 0
3 years ago
Hamilton Company reported an increase of $370,000 in its accounts receivable during the year 2018. The company's statement of ca
ki77a [65]

Answer:

amount of net sales =  $1370,000

so correct option is b. $1,370,000

Explanation:

given data

Increase in Accounts Receivable = $370,000

Cash Received = $1 million

to find out

amount of net sales

solution

we get here amount of net sales that is express as

amount of net sales = Cash Received + Increase in Accounts Receivable .............1

put here value we get

amount of net sales =  $1000000 + $370,000

amount of net sales =  $1370,000

so correct option is b. $1,370,000

6 0
3 years ago
Other questions:
  • Jim wants to buy a car, but he'll probably need it for a couple of years. he has a short commute to work, so he won't be putting
    8·2 answers
  • Patti Company owns 80% of the common stock of Shannon, Inc. In the current year, Patti reports sales of $10,000,000 and cost of
    9·1 answer
  • Stephanie is nervous about giving a presentation at the marketing firm where she works. One of her male coworkers told her, "Don
    7·2 answers
  • Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither
    9·1 answer
  • The revenue, in millionsmillions of dollars, for a company in year tt is given by the function: r(t)=15e0.19t,0≤t≤15 r(t)=15e0.1
    11·1 answer
  • Ted was dissatisfied with his job. He said that the company policy, supervision, and working conditions were responsible for his
    13·1 answer
  • While we talk about the stock market as if it were one big enity the reality is that there are many stock markets arouns the wor
    10·1 answer
  • Place and convenience are connected by a core linkage. While GoPro was able to get the product into locations where customers co
    10·1 answer
  • Assume that Tommy and Michelle have an AGI of $107,000 before IRA deductions by either spouse. The AGI includes $10,000 that Mic
    6·1 answer
  • Suppose buyers of rackets and tennis balls regard the two goods as complements. then an increase in the price of rackets will ca
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!