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anygoal [31]
3 years ago
11

What is Economy? In your own words pls

Business
2 answers:
adoni [48]3 years ago
8 0
<span>the process or system by which goods and services are produced, sold, and bought in a country or region.</span>
Tanzania [10]3 years ago
4 0
The countries wealth and resources especially the production and consumption of goods and services 

also  economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given  country or region 
Economy is three types<span> planned </span>economy<span>, market </span>economy<span> and mixed </span><span>economy</span>
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The stage of the marketing research process that this realization correspond to is the INTERPRETING THE FINDING.
The interpreting the finding stage is the stage of the market research process in which the results obtained from the market research is examined and analysed and appropriate conclusions are drawn from it.
6 0
3 years ago
Vincenzo Martin and Sasha Boudrakis have started a new firm, The Fan Base. Vincenzo is a well-known marketing guru who advises m
Ugo [173]

Answer: limited partnership

Explanation:

With the description given in the question, the The Fan Base is organized as a limited partnership. A limited partnership has a general partner, whom has an unlimited liability and a limited partner.

A limited partnership is when two or more partners go into business together, and in this case, the limited partners will be liable only up to the amount that they invested in the business.

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3 years ago
Suppose that there is asymmetric information in the market for used cars. Sellers know the quality of the car that they are​ sel
zepelin [54]

Answer:

$22,500

Explanation:

Chance of getting low quality car = 50%

Chance of getting high quality car = 50%

Cost of low quality car = $15,000

Cost of high quality car = $30,000

So, Price of the car = 50% of lower quality + 50% of higher quality

= (50% × $15,000) + (50% ×30,000)

=  $7,500 + $15,000

= $22,500

Hence, price of the used car will be $22,500.

3 0
3 years ago
Suppose the different income levels are as follows (N'billions) : Y=100,120,125,140,80,115,145,150,166,200. Calculate the corres
Zielflug [23.3K]
No you have a picture or something yes or ni
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3 years ago
I toss a penny and observe whether it lands heads up or tails up. Suppose the penny is fair, i.e., the probability of
Alexandra [31]

Answer:

A) if I flip the coin many, many times, the proportion of heads will be approximately 1/2, and this proportion will tend to

get closer and closer to 1/2 as the number of tosses increases.

Explanation:

Probability is described as the likelihood of an event happening. It is expressed in numerical fractions between zero and one. Zero means near certainty that the event will not occur while one is a guarantee that the event is happening.

A probability of 1/2 signifies a 50 percent chance. In a coin toss, 1/2 probability means the coins have 50 chance of landing on either tail or head. A coin has only two sides. Each ill toss presents a head or tail. The more tosses one makes, the proposition of heads to tail get closer 1/2. Very many tosses will give show 1/2 to either tails or head.

7 0
3 years ago
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