Answer:
D) not change and the price received by sellers will not change
Explanation:
If the government removes a tax on sellers of a good and imposes the same tax on buyers of the good, the net amount sellers receive doesn't change. The quantity of goods that are sold also remains the same.
So, price paid by buyers will not change and the price received by sellers will also not change
Answer: Thank the interviewer for their time
- Reiterate interest in the position/company
- Remind the employer of your qualifications
- Follow up with any information requested of you
You collect information aboutvthe individual your working with
Answer:
50,490 units
Explanation:
The computation of the number of units the company should produced is shown below:
= Expected sales units + ending inventory units - opening inventory units
where,
Opening inventory units is 1,350 units
Expected sales units is
= $27,000 + $27,000 × 60%
= $27,000 + $16,200
= 43,200 units
The ending inventory units is
= $43,200 × 20%
= 8,640 units
So, the units to be produced is
= 43,200 units + 8,640 units - 1,350 units
= 50,490 units
Answer:
B. They make choices based on their self-interests.
Explanation:
A market economy can be defined as the economy of a country where by the government has a minimal influence or intervention on how the market operates.
A market economy is regulated by the individuals that owns the businesses in that economy. These individuals have the ability to direct resources that they need from production to their firms and businesses.
A market economy is largely or greatly influenced and regulated by the rate of supply and demand. Consumers in a market economy have to sometimes paid a high price for the goods and services that they require. Consumers make financial decisions in a market economy by making their choices based on self interests.
A market economy is a very competitive economy because
a. the demand of goods and services by consumers have increased therefore this results in an increase in production of goods and services.
b. The producers tend to high innovative when producing this goods and services required by the consumers.
In a market economy, businesses and firms tend to have an increased of a very high rate of efficiency when producing goods and services such that they minimise or lower the cost of production while ensuring that they make high or huge amounts of profits.
