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FrozenT [24]
3 years ago
10

High quality goods and services are made available to consumers because of producers __________.

Business
2 answers:
astra-53 [7]3 years ago
8 0

Answer:

answer is d !

Explanation:

trapecia [35]3 years ago
4 0

Answer:

b. Would like to compete

d. specilize in production

Explanation:

Competition is when businesses selling similar products, in the same market, try to outsell each other through winning more customers.  When businesses compete, consumers benefit through fair prices and higher quality goods. Competing businesses innovate and create products with a high utility value to attract more customers. As a result, they offer customers products and services of high quality.

A business that engages in a specialization produces fewer varieties of products.  It focuses on manufacturing goods and services that it has a comparative advantage. Due to specialization, the firm and its employees become experts in producing its products of choice. Consequently, it offers goods and services that are of a higher quality than a business that does not specialize.

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Several types of risk are present in the U.S. economy. For each of the following, identify the type of risk that is present. Exp
Dima020 [189]

Answer and Explanation:

a. This is a fundamental risk case since there is a loss possibility. As the attack is done by the terrorists and the loss is definite in terms

b. It is a property risk as the house is damaged in a fire that resulted into a financial loss

c. It is a personal risk case as the head of the family is totally disabled that directly impact the family which leads to non-fulfillment of the financial liabilities so ultimately its an income loss.

d. It is a case of speculative as the investor purchase 100 shares that resulted in either profit or loss

e. This is a case of fundamental risk as the overflow of the river impacts the property of thousands people

f. This is a case of financial risk as the risk impacted the opposite changes in the price of the commodity, rate of interest, etc

g. It is a speculative case as the worker could either win or loss

6 0
2 years ago
The part of the subfield of cultural anthropology that debates issues of human nature that relate directly to the decisions of d
boyakko [2]

Answer:

Economic anthropology

Explanation:

  • The Economic anthropology as subfield that explains that the humans economic behavior and anthropology have a complex relation with economics as the field focuses on an the exchange, the production, and consumption.
  • They study the operations of the corporations, banks, and the global financial perspective.
  • <u>With the rise of the globalized economies, the anthropologists are analyzing the cultural situations as the universal applicability of money is being used as a means of revealing the culture by money that market based societies have formed.</u>
6 0
2 years ago
A property was purchased by an investor. The property is expected to produce $200,000 of annual net operating income in year 1;
weqwewe [10]

Answer:

$13,333.33

Explanation:

Debt service coverage ratio = Net operating income in year 1 / Annual debt service

Annual debt service = Net operating income in year 1 / Debt service coverage ratio

Annual debt service = $200,000 / 1.25

Annual debt service = $160,000

1 years = 12 months

Monthly mortgage payment = Annual debt service / 12 months

Monthly mortgage payment = $160,000 / 12

Monthly mortgage payment = $13333.33333333333

Monthly mortgage payment = $13,333.33

So,  the maximum monthly mortgage payment is $13,333.33.

3 0
2 years ago
Consider Walmart, a large retailer. Classify the following items as an Asset (A), a Liability (L), or Stockholders' Equity (S) f
Over [174]

Answer: The answer is as follows:

Explanation:

The classification of items are as follows:

Accounts receivable -  Asset

Long-term debt - Liability

Merchandise inventory - Asset

Prepaid expenses - Asset

Accrued expenses payable - Liability

Equipment - Asset

Notes payable - Liability

Retained earnings - Stockholders' Equity

Land -  Asset

Accounts payable - Liability

Common Stock - Stockholders' Equity

Supplies - Asset

4 0
3 years ago
Incremental analysis is most useful 1. in evaluating the master budget. 2. as a replacement technique for variance analysis. 3.
lesya [120]

Answer:

The correct answer is number (3): in developing relevant information for management decisions.

Explanation:

Incremental analysis is a study firm makes to allocate resources efficiently. It can be used at the moment of comparing the costs of different products to be manufactured to select the lowest that provides more benefits. Incremental analysis can also be implemented at the moment of identifying how a scarce resource should be used ensuring it brings the highest returns possible.

Incremental analysis, also known as differential or marginal analysis, helps managers to make more informed decisions, then.

7 0
3 years ago
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