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Illusion [34]
3 years ago
12

What is an economic system? Give two examples.

Business
2 answers:
Alexeev081 [22]3 years ago
8 0

Answer:

An economic good is a physical object or service that has value and can be sold; some examples include bananas, toys, haircuts, and cars. Economic systems are the means by which countries and governments distribute resources and trade goods and services. They are used to control the five factors of production, including labor.

Explanation:

Anit [1.1K]3 years ago
6 0

Answer:

<h2><em><u>there</u></em><em><u> </u></em><em><u>are</u></em><em><u> </u></em><em><u>many</u></em><em><u> </u></em><em><u>economic</u></em><em><u> </u></em><em><u>sys</u></em><em><u>tem</u></em><em><u> </u></em><em><u>used</u></em><em><u> </u></em><em><u>throug</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>wor</u></em><em><u>ld</u></em><em><u>.</u></em><em><u>s</u></em><em><u>o</u></em><em><u>m</u></em><em><u>e</u></em><em><u> </u></em><em><u>exam</u></em><em><u>ple</u></em><em><u> </u></em><em><u>are</u></em><em><u> </u></em><em><u>socilaism</u></em><em><u>,</u></em><em><u>communism</u></em><em><u>,</u></em><em><u>and</u></em><em><u> </u></em><em><u>cappitism</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>United</u></em><em><u> </u></em><em><u>States</u></em><em><u> </u></em><em><u>has</u></em><em><u> </u></em><em><u>capitlastic</u></em><em><u> </u></em><em><u>sys</u></em><em><u>tem</u></em></h2><h2><em><u>mark \: me \: brailest</u></em></h2>

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​Rachel's Beach Shoppe charges tourists to use their credit cards to purchase merchandise at the vacation store. On​ Monday, Rac
olga2289 [7]

Answer:

$1,479

Explanation:

For computing the total deposit, first we have to determine the bank charges which is shown below:

= Merchandise sold × bank charges rate

= $1,500 × 1.4%

= 21

Now the total amount deposited would be

= Merchandise sold - bank charges

= $1,500 - $21

= $1,479

Simply we deduct the bank charges from the Merchandise sold so that the correct amount can come.

5 0
3 years ago
________ refers to ensuring that the human resources management function is delivering its services efficiently.
kari74 [83]

Answer: HR Department lever

Explanation:

HR department lever refers to ensuring that the human resources management function is delivering its services efficiently.

It should be noted that the three levers that exist in Human Resources are:

• HR department lever

• Employee cost lever

• Technology lever.

The Human Resource manager oversees the human resources department and make sure that services are provided effectively.

4 0
2 years ago
Carlos opens a dry cleaning store during the year. He invests $30,000 of his own money and borrows $60,000 from a local bank. He
kvv77 [185]

Answer:

$30,000

$6,000

Explanation:

Carlos risk = $30,000

Carlos risk of $30,000 is the amount of funds which he had invested in the course of his business which is why Carlos is not considered at-risk for the nonrecourse loan reason been that carlos is not found liable because the loan was not used in the business which makes him to have a risk of $30,000.

$24,000 loss that occured will reduces Carlos’ amount at-risk to $6,000

($30,000 - $24,000)

=$6,000

5 0
3 years ago
XZYY, Inc. currently has an issue of bonds outstanding that will mature in 31 years. The bonds have a face value of $1,000 and a
Mamont248 [21]

Answer:

7.31%

Explanation:

The question is pointing at the bond's yield to maturity.

The yield to maturity can be computed using the rate formula in excel as provided below:

=rate(nper,pmt,-pv,fv)

nper is the number of times the bond would pay annual coupons which is 31

pmt is the annual coupon payment i.e $1000*8.0%=$80.00

pv is the current price of the bond which is $1,084

fv is the face value of the bond which is $1,000

=rate(31,80,-1084,1000)=7.31%

The yield to maturity is 7.31%

That is the annual rate of return for an investor that holds the bond till maturity.

3 0
3 years ago
The typical risks of a cost leadership strategy include: a. the inability to balance high differentiation and low price. b. exce
vichka [17]

Answer: The correct answer is "b. production and distribution processes becoming obsolete.".

Explanation: The typical risks of a cost leadership strategy include production and distribution processes becoming obsolete because to maintain cost leadership, the production and distribution processes must always be in constant observation to modify if necessary in order to maintain competitiveness and not remain stuck attached to a production and distribution model that as a consequence of innovations in the competition may become obsolete.

8 0
2 years ago
Read 2 more answers
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