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3 years ago

The two major markets in the circular flow of income and expenditure are the:________

Business

1 answer:

Arada [10]3 years ago

3 0

Answer:

[2] goods market and factor market.

Explanation:

The circular flow of income shows how exchange of money, goods and services occur in an economy.

the two flow circular income model consists of an household and a firm.

The household buys factors of production from the household in exchange for money (firms buys from the factor market). In return, households receive payment.

households then go to the goods market to purchase goods and services.

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Inc. reported the following information about the production and sale of its only product during the first month of operations:

Effectus [21]

Answer:

Cost of Goods Sold = $ 400,000

Explanation:

Units Sold = $360,000/ $225= 1600

Sales $360,000

Direct materials $176,000

Direct labor $100,000

Variable factory overhead $44,000

Fixed factory overhead $80,000

Total Manufacturing Costs $ 400,000

Variable selling and administrative expenses $20,000

Fixed selling and administrative expenses $10,000

Cost of Goods Sold = $ 400,000

As ending Inventory Finished Goods is 400 units it is not included in the Cost of Goods Sold.

3 0

3 years ago

An investment adviser representative is also a commisioned representative at a brokerage firm. the iar has developed an asset al

Zolol [24]

Answer:

The options include:

[A] cannot implement the plan

[B] can implement the plan

[C] can implement the plan only if no commissions are charged

[D] can implement the plan only if no management fee is charged

[B] can implement the plan is Correct

Explanation:

Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.

5 0

3 years ago

You are choosing between these four investments and you want to be 95% certain that you do not lose more than 8.00% on your inv

borishaifa [10]

Answer: B. Corporate Bonds and T-Bills

Explanation:

As you want to be 95% certain, this would require a 95% confidence interval.

With the given returns and standard deviations, the range of returns expected will be computed by;

Upper limit = Return + 2*SD

Lower limit Return - 2*SD

Stocks

Upper Limit = 18.37% + 2 (38.79%)

= 96.0%

Lower Limit = 18.37% - 2 (38.79%)

= -59.2%

S&P 500

Upper Limit = 11.84% + 2(20.01%)

= 51.9%

Lower Limit = 11.84% - 2(20.01%)

= -28.2%

Corporate Bonds

Upper Limit = 6.47% + 2(6.98%)

= 20.4%

Lower Limit = 6.47% - 2(6.98%)

= -7.5%

T-Bills

Upper Limit = 3.46% + 2(3.14%)

= 9.7%

Lower Limit = 3.46% - 2(3.14%)

= -2.8%

The lower limit show the lowest return achievable given a 95% confidence level.

Only Corporate Bonds and T-Bills will give a minimum that is above 8% so they should be chosen.

5 0

3 years ago

Fill in the blanks to complete the passage regarding the development of illegal markets in response to price ceilings. – are ill

djverab [1.8K]

Black markets are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. The additional demand is met by underground suppliers selling at much higher prices.

The government does not support the black market or any of their actions with getting items and selling them in other forms. Those who are in demand of a good when they have a hard time in getting it may purchase it illegally at a higher price just so they can receive that good. When there is an exchange of goods in the black market, these items are usually prohibited by the government and therefor illegally being sold.

3 0

3 years ago

Bonnie manages the distribution network for her company, which manufactures mountain bikes. Her company’s bikes are sold across

valentina_108 [34]

A long distribution channel Bonnie should incorporate for her company

Option B

Explanation: 

A distribution channel is an organization or intermediary network that moves a product or a service until it meets the last customer. Wholesalers, dealers, suppliers and even Web can be part of the distribution channels.

In long channels, product flows from producers to final customers are carried out via multiple levels of distribution in which each level is generally made up of more than one location.

In general distribution channels are divided into two systems which are: direct customer shipping and indirect shipping, which involves an intermediary level or two, including distributor/retailer warehouses in which goods from those intermediaries can be delivered to consumers differently.

5 0

3 years ago