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musickatia [10]
3 years ago
8

The Classical Theory is based on the assumption that an economy has ______________ or, if nudged away, quickly returns to that c

ondition.a. inflationb. stagflationc. full employmentd. none of the above
Business
1 answer:
raketka [301]3 years ago
3 0

Answer:

c. full employment

Explanation:

The classical theory states that the existence of full employment is normal in economy.To classical economists, the diversion of economy from full employment is something abnormal. Classical theory states that unemployment is caused in economy due to involvement of trade union legislation and minimum wage legislation in free market system.

So the answer is c. full employment

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Which part of the marketing concept is concerned with using information about present and potential customers to provide a produ
lions [1.4K]

Answer:

The answers are:

  • Product management involves designing and producing products or services that should satisfy customers's needs.
  • Pricing establishes the value of the products and services the company sells (ant the profit margins).
  • Promotion involves all the activities the company should develop to promote or advertise a product or service.
  • Place involves the activities the company should carry out to deliver its products and make them available to consumers.

8 0
3 years ago
Entry of new firms into monopolistically competitive industries is relatively easy because ______. Multiple choice question. exi
prisoha [69]

Entry of new firms into monopolistically competitive industries is relatively easy because capital requirements are low. Thus the correct answer is D.

<h3>What is a monopoly?</h3>

A monopoly refers to a firm that has a single authority in the market and controls the market completely. In a monopoly, there is a single rule and an absence of competition.

Monopolistic competition describes a competitive market in which a small number of sellers give clients near alternatives. It is a market system in which a large number of enterprises compete in the same industry.

Each firm runs on its own, producing comparable but production of innovative products, with no concern for what other companies are doing. These types of firms are very easy to enter and exit the market.

Therefore, option D with low capital requirements is the correct answer.

Learn more about monopoly, here:

brainly.com/question/18459447

#SPJ1

5 0
2 years ago
A farmhand would like to buy a moped scooter to commute to his job at a nearby ranch. He doesn't know how to find a dealer and d
Stells [14]

Answer:Advertise in the local newspaper.

Explanation:The fact that,he lacks basic information on how to get the moped scooter does not mean there are no moped scooter vendors within his locality.Internet access notwithstanding, he can still get a vendor around or withing his locality.The local newspaper is sure to do the job being of the oldest marketing medium.

6 0
3 years ago
The minimum downside projection from a head and shoulders top pattern is derived a. by projecting downward from the neckline, th
neonofarm [45]

Answer:

a. by projecting downward from the neckline, the vertical distance from the top of the head to the neckline

Explanation:

  • Top pattern of head and shoulders Simple and commonly used pattern by trader in technical analysis. The trader under this model is well aware of what they are looking for.
  • This type of model is available throughout the day, so investors and traders use this model for msking investments. This type of chart provides benefits such as stopping orders for easy trading, price targets and minimizing losses in trading.
  • The minimum negative value from the head and shoulder top pattern is provided below the projection neckline, which is the vertical distance from the top of the head to the neckline.
7 0
3 years ago
Advertising department expenses of $42,800 and purchasing department expenses of $32,100 of Cozy Bookstore are allocated to oper
zimovet [89]

Answer:

Cozy Bookstore

Allocation of Service Departments' Overheads to the Operating Departments:

                                 Books      Magazines       Newspapers   Total

Allocation of:

Advertising Dept.  $19,260     $11,556             $11,984       $42,800

(Dollar Sales)

Purchasing Dept.  $14,445      $6,420             $11,235       $32,100

(Purchase Orders)

Total                     $33,705     $17,976            $23,219      $74,900

Explanation:

a) Data and Calculations:

1. Allocation Basis:

Department               Sales                      Purchase Orders

Books                       $ 180,000 (45%)              1,170  (45%)

Magazines                  108,000 (27%)               520  (20%)

Newspapers               112,000 (28%)                910  (35%)

Total                      $ 400,000                      2,600

2. Allocation of Advertising Department expenses of $42,800 on the basis of dollar sales:

Books = 45% of $42,800 = $19,260

Magazines = 27% of $42,800 = $11,556

Newspapers = 28% of $42,800 = $11,984

3. Allocation of Purchasing Department expenses of $32,100 on the basis of  Purchase orders:

Books = 45% of $32,100 = $14,445

Magazines = 20% of $32,100 = $6,420

Newspapers = 35% of $32,100 = $11,235

4. The allocation of overheads for the service departments of Advertising and Purchase of Cozy Bookstore was done using the direct method.  This method allocates the overheads directly to each operating unit of either Books, Magazines, or Newspapers.  This is a straightforward method.  Other methods exists for the allocation.  They include the step method and the reciprocal method; details of their discussions are not included in this class.

4 0
3 years ago
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