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2 years ago

Which statement best describes the economic relationship between

Business

1 answer:

xxMikexx [17]2 years ago

7 0

Answer:

B. Resource markets provide the materials businesses need.

Explanation:

A resource market is where businesses buy materials they require for the production of other goods. They are markets for inputs of production. Resource market contrast finished goods markets where customers buy consumer goods and services.

Resource markets are where businesses obtain the factor of production. Land, labor, and capital are purchased from the resource markets.

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White Sands Heavy Equipment Co. produces industrial equipment that it sells through its national sales force.

Tcecarenko [31]

Answer:E. a flexible price policy

Explanation:

The flexible price policy is a bargaining system between the buyer and seller to trade together at an agreed price.

The FOB seller factory price policy means where the ownership of the goods transferred to buyer, Robinson's act is only to prevent price discrimenation in the retail industry from the producers, a skimming price policy makes use of dual prices whithin a time interval, a status quo pricing objective is to maintain homogeneous price in the market among the sellers.

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3 years ago

Ag Class - Select the four jobs with projected growth over 10 percent.

Rashid [163]

Answer:

1,3,7

Explanation:

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3 years ago

Does the market system result in allocative efficiency? in the long run, perfect competition

Inga [223]

C.

Allocative efficiency in simple terms basically means there is no wastage, therefore if producers produce at price equals marginal coat, they are producing at the point where consumers are willing to pay that final price. Refer to the poorly drawn diagram for reference.

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3 years ago

Researchers at shipping giant Federal Express want to study delivery patterns and their relationship to customer complaints. Fed

Aleks04 [339]

<u>Full question:</u>

Researchers at shipping giant Federal Express want to study delivery patterns and their relationship to customer complaints. Federal Express uses a system that electronically tracks packages from the time a label is printed until it is delivered and a customer completes a satisfaction survey. Researchers could access this data by using _____.

A. Content Analysis

B. Bar codes

C. Field editing

D. Voice Recognition

E. None of the above

<u>Answer:</u>

Researchers could access this data by using Bar codes

<h3><u>Explanation:</u></h3>

Federal Express employs various barcodes on their shipping tags. Federal Express SuperTracker handheld barcode scanner, prime preceded in 1986. The SuperTracker is a significant component of FedEx’s Consumers, Operations, and Services Master Online System handled to track parcels and authenticate distributions.

Rendering data about a package’s position, state, and action enhanced an essential component of delivery firms, with every significant carrier completing a package tracking system. Customer representatives, dispatchers, and distributing personnel practice the SuperTracker to scan barcodes on units as they pass by the Federal Express system.

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2 years ago

How do banks make most of their profits?

klasskru [66]

Fees charged to customers for account maintenance :)

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2 years ago