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murzikaleks [220]
3 years ago
10

When there are many producers and many consumers in an​ economy, the best way to achieve an efficient allocation of resources is

to have a A. single planner who makes all production decisions and allocates all goods and services to consumers. B. freely operating economy with some very large firms that make most production and pricing decisions. C. freely operating economy in which all markets are perfectly competitive. D. centralized system in which the government owns all productive resources and allocates all goods and services to consumers.
Business
1 answer:
Charra [1.4K]3 years ago
5 0

Answer:

C. freely operating economy in which all markets are perfectly competitive.

Explanation:

When we have a lot of producers and many consumers in an economy, the best way to achieve an efficient allocation of resources is to have a freely operating economy in which all markets are perfectly competitive.

  • In such a free economy, demand for goods and services are not controlled.
  • The consumers behavior towards purchasing will determine if producers should allocate more resources to a production process or not.
  • It is better to make such market competitive without interfering into how resources are managed and dispensed.
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Answer:

Control

Explanation:

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In contrasting equity and efficiency, why do high-tech firms seem to treat their employees better (better wages, benefits, worki
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Answer:

High-tech firms are hiring expensive, sophisticated people who are in high demand compared to fast food franchises and treat them better to avoid losing them to other companies

Explanation:

High-tech firms are hiring expensive, sophisticated people who are in high demand. This brings about a better treatment of their employees because if they do not offer these amenities to employees, they would become employees of other high-tech companies. Individuals with low skill levels do not get high salaries or benefits. They are not in as high demand as highly skilled workers. It is efficient, but many would argue that it is not fair.

3 0
3 years ago
To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is
erma4kov [3.2K]

Answer: C) eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash

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The income statement comprises of entries that are not cash based in nature but help in the computation of taxes amongst other things such as depreciation and amortization.

When calculating net cash provided from operating activities therefore the income calculated should be adjusted for any expenses or revenue that are not cash based in nature and so will not result in a corresponding increase or decrease in cash.

For instance, adding back depreciation and amortization to the net cash balance as both do not actually reduce the cash balance of the company.

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If a company using accrual-basis accounting wanted to overstate their income at the end of the fiscal year with increased shipme
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The two accounts that would be most at risk are: Sales and Accounts Receivable

Accrual method of accounting is an accounting method that reports on the company book  <em>revenue</em> and expenses as they occur in which assets are then adjusted when revenue and expenses are paid.

Assuming  a company or organization are to increased shipments which they are  having doubt about as to whether those shipment would either be returned or not paid for.

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In a situation were the goods that was returned are high which means that at the end of the fiscal year both sales and  account receivable account will be affected.

Inconclusion The two accounts that would be most at risk are: Sales and Accounts Receivable.

Learn more here:

brainly.com/question/17233434

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