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3 years ago

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>there are many economic system used throug the world.some example are socilaism,communism,and cappitism the United States has capitlastic system</h2><h2> $mark \: me \: brailest$ </h2>

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______ allows you to earn money while caring for your own children.

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A family day care allows you to make money while caring for your own children

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3 years ago

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A seller listed a home for $200,000 and agreed to pay a commission rate of 5%. The MLS stated that the commission would be share

earnstyle [38]

Answer:

The selling sales associate received $2,700

Explanation:

The final number was 180 thousand dollars. Then the MLS chared 5% of the total sale. Thus, 9 thousand dollars is the commission. Now, the commission was divided again and the sales associate received 50% of the listing office's commission. So those 9000 are divided in 2 and we get 4500 which then are divided and the selling sales associate receives the 60% of that amount or 2700 dollars.

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3 years ago

Some policymakers have argued that products like cigarettes, alcohol, and sweetened soda generate negative externalities in con

White raven [17]

Answer: The correct answers are "decrease" and "decrease".

Explanation: Some policymakers have argued that products like cigarettes, alcohol, and sweetened soda generate negative externalities in consumption. All else equal, if the government decided to impose a tax on soda, the equilibrium quantity of soda would decrease and the equilibrium price of soda would decrease.

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3 years ago

A company produces products at 2 plants each of which have a capacity of producing 75 units. 50 units of each product must be sh

zalisa [80]

Answer:

the answer is 6

Explanation:

In this case we would need to have a combination of each plant with each customer. So the variable would be in this way (3C X 2P)

Customer1 Customer2 Customer3

Plant1 P1C1 P1C2 P1C3

Plant2 P2C1 P2C2 P2C3

Once you have this you can calculate the best combination to minimize the cost of shipping

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3 years ago

Cost of goods sold for a merchandising company, direct materials and commissions are all examples of

katovenus [111]

For a merchandising company, the cost of goods sold, direct materials, and commissions are variable costs.

<h3>What is a variable cost?</h3>

A variable cost is the cost element that remains constant per unit while the total changes. Other examples of variable costs include direct labor, variable selling and administrative expenses, including commissions and shipping costs.

Thus, for a merchandising company, the cost of goods sold, direct materials, and commissions are all examples of variable costs.

Learn more about variable costs here: brainly.com/question/5965421

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2 years ago