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Orlov [11]
3 years ago
15

Which statement best describes the economic relationship between

Business
1 answer:
xxMikexx [17]3 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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The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for 3 years. The project's cost is $20,000
Jlenok [28]

Answer:

c. $20,416.50

Explanation:

Cost of assets = 20,000

Depreciation year 1 = 33% * 20,000 = $6,666

Annual cost saving = 25,000

Tax rate = 25%

Operating cash flow Year 1 = Cost saving*(1 - tax) + Tax*Depreciation

Operating cash flow Year 1 = 25,000*(1-0.25) + 0.25*6,666

Operating cash flow Year 1 = 25,000*0.75 + 0.25*6,666

Operating cash flow Year 1 = 18750 + 1666.5

Operating cash flow Year 1 = $20,416.5

So, the cash-flow from the project in year 1 is $20,416.50

8 0
2 years ago
Which of the following statements is true about utility?a. Everyone receives the same level of satisfaction from the same good o
Annette [7]

Answer:

The correct answer to the following question is option D) everyone receives different level of satisfaction from from the same good or services.

Explanation:

Utility can be defined as a measurement of satisfaction levels that a consumer experiences from the consumption of goods and services. From the above given options only D is correct as every one experiences different level of satisfaction from same good or services. Economists measures utility with a unit they refer to as util. All products doesn't produce same level of satisfaction .

6 0
3 years ago
A process for two or more people coming together to operate an investment, such as partnerships or corporations, is
Ludmilka [50]

A process for two or more people coming together to operate an investment, such as partnerships or corporations, is Franchise.

<h3>What is franchise?</h3>

Franchise is a type of business that is owned and operated by an individual (franchisee) but that is branded and overseen by a much larger entity.

Advantages of owing a franchise are :

  • A franchise owner gets valuable help throughout the lifespan of the business.
  • Owning a franchise comes with a low rate of failure.

Therefore, franchise is a process whereby two or more people come together to operate an investment, such as partnerships or corporations.

Learn more about franchise here: brainly.com/question/3687222

4 0
2 years ago
________ companies are often at the forefront of campaigns for causes such as a pollution-free environment; recycling and conser
omeli [17]

Answer:

The type of company that are at the forefront of campaign are proactive company.

Explanation:

A proactive company can be defined as a company, which puts great amount of emphasis on the forward thinking strategic planning ( where company sets its operational objectives, makes long term strategic decisions, assess strength and weakness etc ) rather than focusing on reactive strategies to manage the problems and taking advantage of business opportunities.

6 0
3 years ago
Which of the following statements about sales promotions is​ correct?A. The use of sales promotions has declined in recent years
ZanzabumX [31]

Answer:

B. The heavy use of sales promotions has resulted in promotion clutter.

Explanation:

Sales promotion clutter refers to the high number of promotional messages or materials a consumer is presented with every day.  When there are excessive promotion messages in the market, it becomes difficult for a business to stand out from the cloud. Today, TVs, Radio, Newspapers, and billboards carry hundreds of promotional messages. The business has to be innovative to cut through the clutter in the marketplace.

Sales promotions are still relevant in the market. Business must find unique and effective ways of capturing consumers attention while doing sales promotion. For example, companies are creating hilarious commercial video and posting them through social media websites. Business can make use of senses such as sound, sight, touch and smell in strategic locations such as shopping mall, retails centers, or in traffic jams to draw customers attention.

8 0
3 years ago
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