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3 years ago

The main mechanism that regulates the market system is

2 answers:

5 0

The main mechanism that regulates the market system is the government. It is because they are the one that sets up and regulates the system and allows the mechanism of the system to continue as the government is the one that enforces and controls the demand and supply in the market system.

earnstyle [38]3 years ago

3 0

Answer:

The main mechanism that regulates the market system is the government. In the market system, the buyers, vendors, and other parties are involved to trade in any product or service. Here, the government not only establishes but also regulates and enables the mechanism. It is because the government enforces and controls the demand and supply activities in the market system. However, how well respondents get funding, start companies, and embrace fresh techniques and best practices rely on the strength of a market system.

Further Explanation:

While the government enforces and controls the market system, business owners have to understand that there are a variety of different market systems that exist. It depends on the industry to adopt a market system when making or determining whether a specific sector should enter or leave, manufacturing choices, and pricing decisions. There are five major market system types that every business owner should understand, they are:

• A monopoly is a single producer and usually no sensible replacement for a specific good or service.

• Oligopoly is that there are a few producers who are the dominant part of the output on the market.

• Monopolistic Competition is that every competitor is adequately different from the other, with some charging higher rates than a competitive company.

• Monopsony, it has only one buyer. This market system gives considerable strength in determining the cost of the products manufactured for specific goods or services.

• Perfect Competition is a market system with many distinct buyers and vendors.

Learn more

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• What is market economy? - brainly.com/question/7321741

• Which statement is true about the relationship between a monopoly and it’s competition in a market? - brainly.com/question/8180245

Keyword: Market system, regulation of market system, types of market system

Subject: Business

Class: 10 – 12

Sub-chapter: Marketing

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Businesses commonly rely upon groups to make decisions because of the many advantages to group decision making.

sertanlavr [38]

Answer:

The correct answers are letters "A" and "D": More acceptance of the final decision is likely; More information and knowledge are available.

Explanation:

By making decisions in groups, all the members have an opportunity to share their ideas on what and how things should be done. Group decision-making will allow obtaining as much information and knowledge a group can provide. Besides, as the eventual decision will be the result of the mixture of the different ideas proposed, it is more likely than most members of the group will accept the course the group will take.

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3 years ago

The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these calc

katrin2010 [14]

Answer:

$20,000

Explanation:

Given :

Total cost of inventory= $576,000

Upgraded cost of calculator =$170,000

Sold cost of calculator =$230,000

Present sales cost = $40,000.

The incremental revenue of the calculator of sales can be determined by

$= Sold\ cost\ of\ calculator\ -\ Upgraded\ cost\ of\ calculator\$

=$230,000 - $170,000

=$60,000

Therefore financial advantage to the company from upgrading to the calculators can be determined

$$\ 60,000- $40,000\\$

=$20,000

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3 years ago

If labor becomes more productive, the production possibilities frontier will:__________

bezimeni [28]

Answer:

Shift outwards.

Explanation:

The production possibilities frontier or curve is the curve that shows various combinations or bundles of goods that an economy produces by using its all resource and if there is any point inside the curve then it will depict the inefficiency or underutilization of resources. Moreover, the PPF curve shifts outwards when there is an improvement in technology, due to which the output has increased. Similarly, the increase in output due to labor productivity will result in the rightward shift in the PPF curve.

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3 years ago

Jill buys a refrigerator and pays the company to have it delivered. While the contract covers both a good and a service, this tr

Dominik [7]

Answer:

Article 2 of the UCC(Uniform Commercial Code).

Explanation:

UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from

i). Goods definition of i.e any tangible item that can be moved.

ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.

iii) Contract modifications and lastly

iv). Exchanges of consideration for items of value.

Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.

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3 years ago

Baldwin currently has $17,334 (000) in cash and management has decided to issue stocks and bonds worth an additional $8,000 (000

S_A_V [24]

Answer:

d) Purchasing $18,000 (000) worth of plant and equipment

D. As the cost are forecast they can change over the course of the expansion making possible to be above budget. This may lead to an emergency loan if the cash flow and inflow of the company are don't go as planned which could be the case during a project of this magnitude.

Explanation:

Missing information:

a) A $5 dividend

b) Liquidate the entire inventory

c) Retiring the oldest bond

d) Purchasing $18,000 (000) worth of plant and equipment

------------------

A) dividends would not be the cause as they are determinated by the company they can chose not to declare it.

B) lquidate the inventory means selling and not replenish. This generates cash it doesn't use cash

C) re-rolling the debt (by issuing new bonds) is a course of action planned and that in hte end will not affect the cash of the company as will be paying the bonds and receiving from the new bonds thus the changes in cash would be controlled.

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3 years ago