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Sedbober [7]
3 years ago
13

Consider the circular flow model when answering the following questions

Business
1 answer:
Mekhanik [1.2K]3 years ago
8 0

Answer:

a. Factor market

b. the firm

c. product market

Explanation:

a, Factory is one of the  factors of production, if it must be traded, it will be done in the market for factors of production known as the factor market.

b. Profit is a reward for one of the factors of production called entrepreneur, the entrepreneur, in the circular flow model is the firm

d. Consumer goods like coffee are available in the product market, therefore the price for coffee is determined in the product market.

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The expected average rate of return for a proposed investment of $650,000 in a fixed asset, with a useful life of 4 years, strai
nexus9112 [7]
The expected average rate of return in the fixed asset above is 36.92%. The rate of return is the income or loss of a proposed investment in a specified amount of time. In this case, a company wants to buy a 4-year life fixed asset which can increase the company's income by $240,000. We can calculate the rate of return by dividing the net income from the investment with the proposed investment to obtain the portion of return received from the investment<span>. Formula: (Net Income From The Investment/Proposed Investment) x 100%.</span>
8 0
3 years ago
Steve sells his home to Srivani and ends up with a producer surplus of $100,000. Srivani has a consumer surplus of $1,000 from t
amid [387]

Answer:

Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus

Explanation:

The options to this question wasn't provided. Here are the options : Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus. Both parties experience surplus, so the transaction was equitable. Only Steve benefits from the sale. Srivani will not be happy with her purchase.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell his good.

While both parties earn a surplus, the producer surplus exceeds the consumer surplus . Therefore, the seller benefited more from the trade than the consumer.

I hope my answer helps you

3 0
3 years ago
How to write a letter to your brother in abroad telling him your plans after senior high school<br>​
drek231 [11]

Answer:

easy

Explanation:

1. address

2. greeting

3. reason for this letter

4. in 2 paragraph state what u want

5. conclusion

6. end greeting

7 0
3 years ago
Which country does not claim ownership of the invention of churros?.
Juli2301 [7.4K]

Answer:

Mexico

Explanation:

The history of the churro is the subject of much debate. Three countries claim ownership of the snack: Spain, China, and Portugal.

8 0
2 years ago
Which of the following examples is the best demonstration of a qualification profile?​
Ksju [112]

The correct answer is C. Highly motivated IT, college graduate, with software design internship. Experience with Java, XML, and HTML. Logical and systematic problem-solver; capable of independently troubleshooting and performing complex coding tasks.

Explanation:

Qualification profiles should mention the qualifications of a candidate for a specific job or position. This includes information about the education, skills, and even experiences of the individual. Moreover, a qualification profile should be brief and should be written using the third person.

All of these requirements are met only in option C because this includes information about education "IT college graduate", experience "experience with Java, XML..." and relevant skills for this job "problem-solver, capable of independently troubleshooting...". Also, this is brief but still includes more information about qualifications than other options. Finally, this is written using the third person as the author avoids the use of words such as "I".

6 0
3 years ago
Read 2 more answers
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