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LekaFEV [45]
3 years ago
14

Which factor determines who a society will produce goods and services for?

Business
2 answers:
Firdavs [7]3 years ago
8 0
Capitalism, Communism, and Socialism
MakcuM [25]3 years ago
5 0
I'd say communism or capitalism
<span>hope this helps!!!</span>

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The value chain expresses the idea that different functions within the firm are interconnected and only by working together can
frosja888 [35]

Answer:

True.

Explanation:

The value chain expresses the idea that different departments within a firm should operate interdependently which will not only increase the efficiency of the firm but also create a value for customer to compete in the competitive environment. It is very important for the departments within an organization to operate in cooperation with one another as it would make the attainment of the goal easier and that too within stipulated time frame.

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A.R.C. is a large non-profit humanitarian aid organization that has been forced to pull out of several African markets in recent
irga5000 [103]

Answer:d

Explanation: Economic instability can include a volatile inflation rate and volatile rate of economic growth. It can involve higher unemployment and uncertainty about the economic cycle.

big fall in stock markets can trigger falls in consumer confidence and lead to a recession. The Wall Street crash of 1929 was a primary cause of the great depression. However, the stock market crash of 1987 did not cause an economic downturn. In fact, in the UK it was followed by an unprecedented economic boom. This was partly due to the way the government responded by cutting income tax and cutting interest rates. Interest rates are used as a tool in controlling inflation. However, they can also have an impact on consumer spending. Sometimes interest rates may have little impact; however, if they coincide with other factors they can cause a much bigger than expected fall in consumer spending. For example, in the UK, many homeowners have a variable mortgage. Therefore a small change in interest rates can have a big effect on disposable income. If an increase in interest rates was combined with another factor such as the slowing down of house price growth it may cause a big fall in spending. Number One priority to Target Economic growth and reduce unemployment. At the very least, economic growth needs to be close to long run trend rate 2.5%; it actually needs to be higher to catch up with lost spare capacity. Strong growth will help boost tax revenues and reduce unemployment. It is only in this climate you can successfully reduce the deficit. There is supply-side unemployment, especially in Europe, which has seen prolonged structural unemployment in past two decades. But, the fundamental cause is lack of aggregate demand

8 0
4 years ago
Describe the current economy and labor market, including the types of goods and services produced, the types of skills workers n
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5 0
3 years ago
Janet planned to purchase a McDonald's franchise. Meanwhile, Jason decided to open his own sandwich shop. Both decided to financ
Fantom [35]

Answer:

The correct answer is Banks view franchises as having fewer risks than other start-up businesses.

Explanation:

Franchising as an investment opportunity offers great advantages over other systems, this is an attractive alternative to develop a business; However, it will always be necessary to consider the pros and cons, before making a decision to franchise my business or not.

When I evaluate the possibility of franchising my business I have to be willing to assume a greater or lesser risk, that is, I am free to choose how much risk I am willing to accept in the development of my business model under the franchise scheme, and it is precisely this knowledge of the situation, which allows us to make the best decision about whether to expand my business (and under what conditions) or on the contrary wait for the business model to be at a more advanced stage of maturity before starting a project of franchise development.

4 0
3 years ago
The Exclusive Gift Company has a monopoly over the sale of gold hula hoops. This company is currently pricing and producing wher
Fantom [35]

Answer:

Produce throughout the shorter term but depart the industries run if the circumstances don't start changing because the losses are incurred.

Explanation:

The given values are:

Gold sells,

Q = 50

Price,

= $5000

Total cost,

= $300,000

Fixed cost,

= $100,000

So,

⇒ TR=5000\times 50

⇒       =250000 ($)

Now,

⇒ TVC=300000-100000

⇒          =2000 00

So that,

⇒ AVC=\frac{VC}{Q}

On substituting the values, we get

⇒          =\frac{200000}{50}

⇒          =4000

So the above is the correct answer.

5 0
3 years ago
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