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
prohojiy [21]
3 years ago
14

Entrepreneurs are well compensated in a market economy if they provide high utility to consumers at a relatively low ______.

Business
1 answer:
AysviL [449]3 years ago
5 0

Answer: cost

Explanation: In a market economy, the price of the product or service offered are determined by the market forces of demand and supply. Govt. intervention in regulating the market forces is minimal in such markets.

Thus, if the entrepreneurs produce goods at a low cost they will price it low leading to high demand for their product. Thus, they will be compensated well if they cost their product lower than others.

You might be interested in
A businesswoman is upset with her husband. She channels this anger into her work and increases her productivity dramatically. Th
MArishka [77]

Answer:

Sublimation

Explanation:

Sublimation is the process of channelling negative, socially-unacceptable feelings, toward productive, or socially-acceptable abilities.

The concept was developed by Freud, especially in his work "Madness and Civilization".

Freud basically said that sublimation is what allowed humans to live in society, however, he also warned that sublimation did not always work, and some people were less likely to behave than others, leading to for example, the presence of criminality and antisocial behaviour.

6 0
3 years ago
Which of the following is unconditioned response n
Doss [256]

Answer:

Explanation:

Idk

3 0
3 years ago
Cool Gelato uses various sizes of foam cups. The use of 8oz foam cups is constant throughout the year, and Cool Gelato expects t
ruslelena [56]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
3 years ago
Private enterprise is run mainly to?
saw5 [17]
Most private enterprise mainly run to gain profit
8 0
2 years ago
The Madden Company uses a process costing system. During September the mixing department transferred out 65,000 units. The Septe
iren [92.7K]

Answer:

Total balance in the work-in-process inventory account on September 30th was  $ 121000 + $ 110825= $ 231825

Explanation:

Cost per equivalent unit for material = $ 5.50

Equivalent units of materials = 22,000

Cost of Materials = $ 121,000

Cost per equivalent unit for labor and overhead = $ 5.50

Equivalent units of materials = 20,150

Cost of labor and FOH = $ 110825

Total balance in the work-in-process inventory account on September 30th was = Material + Labor + OH=  $ 121000 + $ 110825= $ 231825

5 0
2 years ago
Other questions:
  • How much time will be needed for 35,000 to grow to 44,622.09 if deposited at 7% compounded quarterly
    7·1 answer
  • How is profit figured out
    7·1 answer
  • What would happen to the demand curve for movie tickets if the cost of making movies increased sharply? 2. What would happen to
    11·1 answer
  • 1. What is the term used to describe a check that has been outstanding for more than six months? (1 point)
    5·1 answer
  • Which of the following statements is not accurate descriptions of the business market? Mrs. Phillip, a retail buyer for Blooming
    9·1 answer
  • The Commissioner is empowered to examine the records of any person transacting insurance in the State as an agency, an agent or
    15·1 answer
  • When government is trying to raise tax revenue, it sometimes attempts to target higher-income people because they are in a bette
    15·1 answer
  • F(x) = ax+7 + f(8) = 17​
    8·1 answer
  • А.
    9·2 answers
  • As a project manager, the project is your number one priority. However, you have team members with competing priorities from oth
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!