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
CaHeK987 [17]
3 years ago
7

Why do people need to buy and sell products or services answers?

Business
1 answer:
blagie [28]3 years ago
4 0
It is on account of nobody is independent.A service is the creation of a basically elusive advantage, either in its own particular right or as a critical component of a substantial item, which through some type of trade, fulfills a distinguished need.
You might be interested in
Barnes Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost info
777dan777 [17]

Answer:

Standard= $24,800

Explanation:

Giving the following information:

Number of:  Setups Components

Standard 22 8

Deluxe 28 12  

Overhead costs $20,000 $40,000

<u>First, we need to calculate the predetermined overhead rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Setups= 20,000 / (22+28)= $400per setup

Components= 40,000 / (8+12)= $2,000 per component

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 400*22 + 2,000*8

Standard= $24,800

3 0
3 years ago
The following statements accurately describe the difference between saving and investing EXCEPT…
vagabundo [1.1K]

Answer:

Saving can only be done in person. Investing can be done both in-person and online.

Explanation:

Saving refers to keeping some funds aside for use during emergencies. Individuals and institutions also save as a way of accumulating funds for a specific intention. Banks and other deposit-taking institutions offer saving services to pool funds and lend them for investment and consumption.

Saving will attract lower interest rates, sometimes below the inflation rate. Banks offer lower rates on saving and charges a higher interest rate to borrowers to make profits. Because saving offer lower returns, they are suitable for short-term periods. Savings are relatively safer than investment.

Investments offer higher returns but have a higher risk. Due to their price volatility, investments are suited for the long-term to safeguard against price fluctuations.

8 0
3 years ago
The nation with the largest percentage of publically held land is
RideAnS [48]
The nation with the largest percentage of publicly held land is United state of America. These lands are usually set aside for different purposes such as parks, refuge camps, forests, historical places, etc.
6 0
3 years ago
were designed to concentrate the credit risk of a bundle of loans on one class of investor, leaving the other investors in the p
asambeis [7]

Answer:

collateralized debt obligation

Explanation:a

collateralized debt obligation is referred to an emergency asset that would be used as collateral assets if a company unable to pay the loan.

It is basically introduced by the bank to regain the loan value that is sold to particular investors.  it helps the bank to make more funds and it also helps to transfer risk from bank to investor.

5 0
3 years ago
Which action can hurt your credit score? I. Paying your phone bill late. II. Taking the bus to work. III. Maxing out several cre
worty [1.4K]
Paying your phone bill late and maxing out your credit cards will hurt your credit... So it should be 1 and 3 :)
3 0
3 years ago
Read 2 more answers
Other questions:
  • Type the correct answer in the box. Spell all words correctly. Which entities offer certifications and qualifications in account
    8·1 answer
  • Producers use marketing intermediaries because they ________.
    5·1 answer
  • Anders industries currently holds two debts: an $11,000 debt due in 12 months and a $16,000 debt due in 18 months. anders prepar
    13·1 answer
  • ​finn and glenda want to form and do business as hobby crafts corporation. a corporation is
    10·1 answer
  • When MyGym management began evaluating overseas market​ expansion, it first looked at countries in which English was fairly comm
    12·1 answer
  • In a certain country, income tax is assessed as follows. There is no tax on income up to $10,000. Any income over $10,000 is tax
    13·1 answer
  • Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on
    6·1 answer
  • A teacher buys 4.25 ounces of a compound for an experiment. The compound costs $5.76 per ounce. The teacher pays with a $50 bill
    15·1 answer
  • A company is deciding between two options: (1) purchase a piece of equipment for $10,000 or (2) lease the same piece of equipmen
    5·1 answer
  • Product costs: Multiple Choice Are expenditures necessary and integral to finished products. Are expenditures identified more wi
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!