1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enyata [817]
3 years ago
15

In capitalism, what does competition do for consumers?

Business
1 answer:
borishaifa [10]3 years ago
7 0

It keeps prices fair for consumers who are trying to buy there products.


- R3KTFORGOOD ☕

You might be interested in
Ashley's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Ashley $4.30 per pound, and typ
Over [174]

Answer:

Ashley used 87 pounds of type B coffee

Explanation:

4.3a  + 5.9b = 749.80

a + b = 142

b = 142-a

4.3a  + 5.9(142-a) = 749.80

4,3a  + 5.9(142-a) = 749.80

4.3a  + 837.8 - 5.9a = 749.80

4.3a - 5.9a = 749.80 - 837.80

-1.6a= -88

a= -88 / 1.6 = 55

55  + b = 142

b=  142-  55 = 87

That is the way we get how many pounds of type B coffee Ashley used

8 0
3 years ago
At December 31, 2018, before any year-end adjustments, Concord Company's Insurance Expense account had a balance of $2570 and it
Maksim231197 [3]

Answer:

The adjusted balance for Insurance Expense for the year will be $5,270

Explanation:

Prepaid Insurance is the value of Insurance paid before it becomes accrued and it is an current asset balance. It will be accrued as each month passes the monthly amount will be charged as expense and transferred to the Insurance expense account.

Unadjusted values:

Insurance Expense = $2,570

Prepaid Insurance = $3,900

Adjustment value of the insurance = $2700

Adjusted values:

Insurance Expense = $2,570 + $2,700 = $5,270

Prepaid Insurance = $3,900 - $2,700 = $1,200

7 0
3 years ago
Political unrest in countries often creates a hostile environment for foreign businesses and can act as a barrier to internation
Nookie1986 [14]
<span>True. When there is unrest, it makes for an uncertain business climate. Businesses are averse to uncertainty and would not want to invest in nations which are experiencing infighting or other sorts of upheaval. Stability is the key for businesses and organizations to find good trading partners and investments.</span>
6 0
3 years ago
The purchasing agent of the Clampett Company ordered materials of lower quality in an effort to economize on price and in respon
gizmo_the_mogwai [7]

Answer:

The correct answer is: Materials Price Variance: Production Manager

Materials Quantity Variance: Purchasing Agent

Explanation:

The production manager had to buy the materials that are commonly used, as this is an item of great importance in the process of converting the materials, since otherwise there is a risk of becoming waste due to their quality. In the case of the variation presented, each manager or person in charge of the area must supervise that the measurements are well calculated, and that the aspects related to the direct process must be effectively ensured for the good of the operation.

7 0
3 years ago
What is a critical factor in determining whether something gets produced as a public good?
snow_lady [41]

Cost  is a critical factor in determining whether something gets produced as a public good.

<u>Explanation: </u>

In the areas of manufacturing, science, trade and accounting, the expense is the value of money used to create or provide a service and is therefore no longer readily available. The costs can be one of acquisitions in industry, whereby the amount of money paid to buy it is deemed to be an expense.

In this case, the money is the input to obtain the object. The purchase price might be the sum of the cost of production paid from the original manufacturer and other transaction costs borne by the consumer above and beyond the price paid to the seller. The price usually often provides a profit margin on production costs.

Direct costs include consumables, related supplies, selling fees and inventory.

4 0
3 years ago
Other questions:
  • Suppose Larry's Lariats produces lassos in a factory, and uses nine feet of rope to make each lasso. The rope is put into a mach
    7·1 answer
  • In 2015, government spending was $3.80 trillion, tax revenue was $4.50 trillion, GDP was $14.12 trillion, and total consumer spe
    15·1 answer
  • Small organizations with fewer resources will need to separate RAs, but larger and better equipped organizations have streamline
    11·1 answer
  • What is the horizontal rule in a customer service aspect?
    13·1 answer
  • A company bought a $1,000,000 building and $500,000 of land with a $300,000 cash down payment and used a new mortgage to pay the
    10·1 answer
  • Paul sells one parcel of land (basis of $100,000) for its fair market value of $160,000 to a partnership in which he owns a 60%
    11·1 answer
  • Imagine that you have saved $1,000. You would like to do something with the money so that, in a few years, you have a down payme
    7·1 answer
  • This is the basis of most sauces:
    10·1 answer
  • Amerigo grew up speaking both English and Italian with his family, and he believes that knowledge of more than one language is a
    8·2 answers
  • Kasravi co. Had net income for 2013 of shs 400,000.The average number of shares outstanding for the period was 200,000 shares
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!