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LUCKY_DIMON [66]
3 years ago
14

Most of the late nineteenth-century business tycoons began their careers in poverty or lower class circumstances. Group of answe

r choices True False
Business
1 answer:
Grace [21]3 years ago
6 0

Answer:

False

Explanation:

Not all business tycoons in the late nineteenth-century began their careers in poverty or lower class circumstances

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The federal reserve's goal in managing the money supply is to ensure that money retains its value.
sattari [20]
The answer is B: False The Federal's Reserve goal is t<span>o provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
6 0
3 years ago
Assume that currently banks pay 2% interest on money that customers deposit in savings accounts. As the overall amount of money
postnew [5]

Answer:

The supply of savings increases.

Explanation:

We know that the supply of loanable funds is dependent upon the amount of deposits in the savings account. Supply curve of loanable funds represents the direct relationship between the quantity supplied and the interest rate. It is a upward sloping curve which indicates that an increase in the interest rate will lead to increase the quantity supply of loanable funds.

There is a change in the supply of loanable funds if there is any change in the savings behavior of the customers. If the savings of the customers increases then as a result the supply of savings also increases.

3 0
3 years ago
Three partners are liquidating and have capital balances as follows: Mia $5,000; Carlyle $9,000; and Roger ($3,000). Roger will
tekilochka [14]

Answer: credit; $3000

Explanation: Three partners are liquidating and have capital balances as follows: Mia $5,000; Carlyle $9,000; and Roger ($3,000). Roger will pay back his deficiency. The entry to record this transaction will include a credit to Roger, Capital in the amount of $3000.

This is because he will have to credit $3000 so that he will be able to cover his deficit

5 0
3 years ago
A type of production that yields customized products or services for each customer is called
victus00 [196]

Answer:

b. Job order production.

Explanation:

Job order production is the process of manufacturing non-standard or unique products for specific customers. Sometimes making a job order production is also called making a work order or making it an individual order, because each order or work is an order placed by the customer. In most cases, custom jobs are created only once. Many manufacturers specialize in mass production of custom products. Buyers come to the manufacturer with a special design or product, and the manufacturer develops and creates an individual product.

A customer-oriented production puts customer satisfaction at the center of each of its business decisions. Customer focus is defined as an approach to sales and customer relations, in which employees focus on helping customers meet their long-term needs and desires. Here, management and employees coordinate their individual and team goals in order to satisfy and retain customers. This contrasts, in particular, with a focus on sales, which is a strategic approach when the needs and desires of a company or seller are evaluated in relation to the client.

Just in Time production is an inventory strategy developed to increase production and productivity. All production processes (in-progress cost) and the type of production taking into consideration the time criteria in order to minimize the associated sub-costs are derived from the Japanese Kanban system. During production, it determines the order of work by considering the production of the next process. This strategy, which states that the order level is reached in the storage process and that the order must be met after this point, provides the most efficient storage volume and production continuity. In short, just in time, the demand is to produce as soon as possible with excellent quality and transport it to the right place at any time.

Job lot production is a production futures contract whose trading volume is below the level required by normal operations. These contracts or lots are available to add liquidity to futures exchanges by allowing smaller "participants" to enter the market.

Process production is a system from production in which a product goes through several processes or stages from production, which will be operated on a more continuous basis; for example, in oil refineries and petrochemical plants, where these processes include liquid or semi-solid materials. In the production of the main product, they say, gasoline, from such in the production process, by-products such as tar or creosote can inevitably arise.

5 0
4 years ago
a. what type of price control would policy makers use to keep the price of beef from getting too high?
Troyanec [42]

Price floor can be used by policy makers to keep the price of beef from getting too high.

A price floor is a restriction on how low a price can be imposed for a good, item, or service that is set by the government or another party. To be effective, a price floor needs to be greater than the equilibrium price.

It is the least amount that is permissible under law to exchange products and services, labor, or financial capital.

The minimum wage, which is founded on the normative idea that someone performing a full-time job should be able to afford a basic level of living, is maybe the best-known example of a price floor.

In order to prevent a commodity's market price from falling too low and endangering the producers' ability to make a living, governments typically set a price floor.

To know more about price floor, visit:

brainly.com/question/29425092

#SPJ4

7 0
1 year ago
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