In a capitalist, market, or free-enterprise economy, which of the following answers the three basic economic questions?

1 answer:

6 0

I think the correct answer from the choices listed above is options B. In a capitalist, market, or free-enterprise economy, it the economic experts who can answer the three basic economic questions since they a lot about the economy. Hope this answers the question. Have a nice day.

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Tamekia reports that the market leader in the TZX mitt category has 60 percent of all sales in the market and spends $240,000 a

Zina [86]

Answer: $120000

Explanation:

Share of voice refers to the measure of the exposure that a particular business gets when it's being compared to other competitors. The share of market is the percentage of a market that a company earns.

From the information given, since 60% of the market sales equate to $240000 spent a year, then in order to achieve a market share of 30%, ½ of $240000 will be spent which is $120000. Therefore, Great Catch should be prepared to spend at least $120000 if it hopes to achieve a market share of 30 percent.

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2 years ago

A business segment reports segment revenues of $1.2 million, segment costs of $1.0 million, and allocated corporate overhead cos

topjm [15]

Answer:

d. decrease by $200.000.

Explanation:

The computation of the segment profit is shown below:

Segment profit = Segment revenues - Segment cost

= $1.2 million - $1.0 million

= $0.2 million or $200,000

Since the management want to drop the segment which results to decrease in the overall corporate profits that means the segment profit will also got decreased by $200,000

The overhead cost is not relevant. Hence, ignored it

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3 years ago

Island Breeze Company designs and makes desk, window, and ceiling fans. In a product liability suit based on negligence, Island

patriot [66]

Answer:

Option D is correct

Explanation:

The company is liable for proper communication of cautions, defective designs and production processes that she uses to manufacture the product but it is not liable for the the consumer unforeseeable misuse of a fan. Because it is not associated with the duty of care. I also have a duty of care to myself like you have to yourself. If I have struck myself with a hammer then it unjustifiable to sue the company. I am misusing that hammer. I don't have the license but still I am driving car, it means I am misusing the asset. This means some operations are restricted by law and some are implicitly restricted.

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2 years ago

You are looking for ways to pay for your higher education costs. Which of the following options will require you to pay back any

joja [24]

The correct option is C.
Student loans that originated from the federal government are called federal students loans. This type of loan usually allows the borrower to pay lower interest and it has more flexible repayment options compare to loans from other sources. The interest rate of the loan is usually fixed over time.<span />

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2 years ago

Read 2 more answers

M and M, Inc. produces a product that has a variable cost of $4.90 per unit. The company's fixed costs are $37,200. The product

iragen [17]

Answer:

So the amount of sales needed will be $144000

Explanation:

We have given selling price per unit =$8

Variable cost per unit = $4.90

Contribution margin per unit = 8-4.90=$3.1

Contribution margin Ratio = $\frac{contribution\ margin}{sales}=\frac{3.1}{8}=0.3875$