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telo118 [61]
3 years ago
5

In a _______________________, most economic decisions about what to produce, how to produce it, and for whom to produce it are m

ade by buyers and sellers, and NOT by the government
Business
1 answer:
olchik [2.2K]3 years ago
5 0

Answer:

The correct answer is: market-oriented economy.

Explanation:

The market economy is an economic system where the fundamental decisions of what, how and for whom to produce are resolved through the market.

In a market economy, the interaction of supply and demand is what determines the quantity and equilibrium price of goods and services traded. Also, the market is responsible for the distribution of income through the possession of productive factors (capital, labor, etc.) .

The State, for its part, would have the role of providing a legal framework that allows free competition and initiative of companies. This includes the protection of property rights, the intermediation of conflicts (Courts) and the subsidiary action in those cases in which competition is not feasible or limited.

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The Florence County Museum called a press conference to inform the public of the need for major repairs to prevent water damage
3241004551 [841]

Answer:

B. Public relations

Explanation:

Public relations is the strategic process whereby an organization builds a mutually beneficial relationship between them and the general public. It is a form of creating a stronger brand reputation. By sending donation envelopes to each family in the neighbouring county, the Musuem and its officials are engaging in public relations. It involves engagements between an organization its surrounding public.

3 0
3 years ago
Uncle Fred recently died and left $280,000 to his 45-year-old favorite niece. She immediately spent $80,000 on a town home but d
Marrrta [24]

Answer:

6.06%

Explanation:

The computation of the rate of return is shown below:

Given that

NPER = 20 years

PV = ($280,000 - $80,000) = $200,000

PMT = $0

FV = $75,000 × PVIFA factor at 10% for 21 years

= $75,000 × 8.6487

= $648,652.50

The following formula should be applied

= RATE(NPER;PMT;-PV;FV;TYPE)

The present value comes in negative

After applying the above formula, the rate of return is 6.06%

7 0
3 years ago
A promotional tool in which a company lets consumers have a small sample of a product for no charge is known as?
ioda

Sampling is the promotional tool in which a company lets consumers have a small sample of a product for no charge.

Sampling is a process utilized in statistical evaluation wherein a predetermined wide variety of observations are taken from a bigger populace. The method used to pattern from a bigger populace depends on the form of evaluation being accomplished, but it can encompass easy random sampling or systematic sampling.

The number one intention of sampling is to create a consultant sample, one wherein the smaller institution (sample) appropriately represents the traits of the bigger group (population). If the pattern is properly decided on, the sample can be generalizable to the populace. there are many methods to attain a sample.

There are most important forms of sampling methods – possibility and non-opportunity sampling. Chance sampling, also known as random sampling, is a form of sample selection in which randomization is used rather than planned desire.

Learn more about the Sampling here brainly.com/question/12892403

#SPJ4

5 0
2 years ago
The overlap that occurs when the same people see an ad twice is referred as
telo118 [61]
B. That is duplicated reach
4 0
3 years ago
DS Unlimited has the following transactions during August.
m_a_m_a [10]

Answer:

See the journal entries below.

Explanation:

The journal entry will look as follows:

<u>Date      Account and explanation                 Debit ($)         Credit ($)   </u>

Aug 6     Inventory (50 * $100)                           5,000  

               Account payable                                                           5,000

<u><em>               (To record inventory purchased on account.)                            </em></u>

Aug 7      Inventory                                                 300

               Cash                                                                                  300

<em><u>                (To record payment of freight charges associated with the August 6 purchase.)</u></em>

Aug 10    Account payable (5 * $100)                   500

               Inventory                                                                           500

<u><em>                (To record the returns of defective five game devices to GameGirl.)</em></u>

Aug 14     Account payable (w.1)                        4,500

               Cash (balancing figure)                                                 4,455

                Inventory (w.2)                                                                   45

<u><em>                 (To record the payment of the full amount due to GameGirl.)   </em></u>

Aug 23    Account receivable (30 * $120)         3,600  

               Sales revenue                                                              3,600

                Cost of goods sold                             3,170

                Inventory                                                                       3170

<u><em>                 (To record the Sales and cost of 30 game devices purchased on August 6.) </em></u>

<u>Workings:</u>

w.1. Account payable = Purchases on account on August 6 - Defective inventory returned on August 10 = $5,000 - $500 = $4,500

w.2. Inventory = Discount received on account payable for paying within 10 days = w.1 * 1% = $4,500 * 1% =$45

7 0
3 years ago
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