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yanalaym [24]
3 years ago
15

Question 1 Saved

Business
1 answer:
Nadusha1986 [10]3 years ago
3 0

Answer: Businesses sell goods and services in product markets.

Explanation: Circular flow diagram shows the flow of goods and services from Firms to the Households and Factors of production from the Households to the Firms. The firms money from the sale of those goods and services and the households get factor payment.

Thus, Business are sell goods and services in product markets in a circular flow diagram.

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List THREE common aptitudes, attitudes, and skills of personal care services workers.
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Answer:

Good communication skills

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Critical thinking skills

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Explanation:

4 0
2 years ago
g Oriole Company had actual sales of $1100000 when break-even sales were $660000. What is the margin of safety ratio? 67% 40% 33
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Answer:

40%

Explanation:

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Therefore, the margin of safety can be calculated as follows

= Actual sales-break-even sales/actual sales

= $1,100,000-$660,000/$1,100,000

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3 years ago
Sometimes the pilgrims had to pay interest as high as 45% on money they borrowed for their colony. Why did lenders charge them s
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3 years ago
In east icicle, minnesota, on the northern edge of the corn belt, the growing season is short and the soil is poor. corn yields
user100 [1]

The answer is marginal costs in both places are the same. This is because the farmers in both places are profit-maximizers, the value in each flat is equal to MC or Marginal Cost and subsequently the market of corn is competitive, the price of corn in both places is the same. Also, marginal costs are higher in East Icicle than in Corncrib can also be a possible answer. For any given outflow per acre Corncrib’s corn yield are far better than in East Icicle, at any level of output, the marginal cost per acre in East Icicle must be higher in Corncrib, which suggests that in equilibrium the output level of corn in East Icicle is less than the output level of corn in Corncrib.

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