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Misha Larkins [42]
3 years ago
14

Which statement best describes a pure market economy ?

Business
2 answers:
grandymaker [24]3 years ago
8 0

A pure market economy in a theoretical concept in that it has never really existed. In a pure market economy producers create what they want at a price consumers will pay. Consumers pay what they want. The key is no regulation.

GREYUIT [131]3 years ago
7 0

Answer:

DOWN BELOW IS QUESTION OPTIONS

Explanation:

A: Producer intervention in economic choices is strictly forbidden.

B: The government determines economic choices and makes most decisions.

C: The decisions made by producers and consumers drive all economic choices.

D: Producers and consumers make some economic choices while the government makes others.

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Which of the following is NOT true about licensing? a. The license fee could be based on a percentage of final sales revenue of
nordsb [41]

Answer:

The option that is not true about licencing is E) It involves slightly more risk to the licensee than licensor.

Explanation:

Licensing is a business arrangement in which one company gives another company permission to manufacture its product for a specified payment. Licensing generally involves allowing another company to use patents, trademarks, copyrights, designs, and other intellectual in exchange for a percentage of revenue or a fee.

Usually, It is the licensor that that bears more risk. For instance, unscrupulous licensees have been known to manufacture licensed products and sell them under different brand names in order to tamper with the royalty payable to the licensor.

4 0
3 years ago
Our company makes and sells a single product at the selling price of $97 per unit. In January, we upgraded our manufacturing fac
algol13

Answer:

d. We should accept the offer because it would increase our net operating income

Explanation:

A differential analysis only includes relevant costs. This means that only costs that are affected by the special order are considered. In this case, variable costs are the only relevant costs, since fixed costs will occur regardless of the acceptance or rejection of the special order. This special order will increase the company's operating profits by ($65 - $15) x 100 = $5,000

8 0
3 years ago
Straight-Line Depreciation A building acquired at the beginning of the year at a cost of $2,200,000 has an estimated residual va
Aleks04 [339]

Answer:

a)

Depreciable Cost = $ 1800000

b)

Straight Line Depreciation Rate = 5%

c)

Depreciation expense per year = $90000

Explanation:

a)

The depreciable cost is the cost that qualifies for depreciation. It is calculated as,

Depreciable Cost = Cost - Salvage Value

Depreciable Cost = 2200000 - 400000

Depreciable Cost = $ 1800000

b)

The straight line depreciation method charges a constant depreciation expense every period. The rate of straight line depreciation can be calculated as follows,

Straight Line Depreciation Rate = Depreciable cost percentage / Estimated useful life

Straight Line Depreciation Rate =  100% / 20

Straight Line Depreciation Rate = 5%

c)

The annual straight line depreciation expense can be calculated as follows,

Depreciation expense per year = Depreciable cost * Straight line depreciation rate

Depreciation expense per year = 1800000 * 0.05

Depreciation expense per year = $90000

5 0
3 years ago
Marco is from the Mediterranean coast of Greece and Forough is from Iran. While visiting their grocery store, you notice that th
professor190 [17]

Its Polychronic culture use of time.

Explanation:

The polychronic has a meaning that the person is open to do different things in the same time. When it comes to a culture, it means the person is raised in the way that they accept an interruption while doing one thing. They are raised that it is normal for a person to do many things in the same time.

The opponent of polychronic is a monochronic culture. In monochronic a person is raised in the way that he should be focus only on one thing. Polychronic culture often be seen in

  • Arabic,
  • Middle-East,
  • and African countries.
  • While  

While Monochronic usually can be found in

  • United States  
  • North European countries.

Learn more about monochronic culture in brainly.com/question/6861769

#LearnwithBrainly

7 0
3 years ago
Read 2 more answers
Suppose you wish to provide an accessor method for a boolean property finished, what signature of the method should be?
Westkost [7]
The answer in this question would be Public boolean is Finished. Wishing to provide an accessor method for your boolean property to finished, the signature of the method should be public boolean is Finished. So the signature you need to make in order to finished the boolean property is public boolean is Finished.
6 0
4 years ago
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