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larisa86 [58]
3 years ago
13

An economics system in which consumers vote with their dollars to answer what is produced and how it is produced is known as ___

.
Business
2 answers:
MrRa [10]3 years ago
7 0

Answer:

The correct answer is: market economy.

Explanation:

Economic decisions and prices in a market economy are determined more by market forces than by central planning. Market forces refer to the collective effect of all decisions taken by individual participants in the economy according to their free will, such as consumers and businesses. In a market economy consumers are said to have sovereignty since the value of their dollars determines the market output.

dlinn [17]3 years ago
4 0

Answer:

Market Economy System

Explanation:

A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand.

A market economy is a system where the laws of supply and demand direct the production of goods and services. Capitalism requires a market economy to set prices and distribute goods and services.

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Does the sec require the entity to disclose in the current reporting period the future effect that the accounting change is expe
nevsk [136]

Estimates of SEC made every period in the normal course of accounting for things like uncollectible accounts or inventory obsolescence do not need disclosure of such effects; nevertheless, disclosure is necessary if the impact of a change in the estimate is significant.

<h3>What is SEC?</h3>

After the 1929 Wall Street Crash, the U.S. Securities and Exchange Commission (SEC) was established as an independent agency of the federal government of the United States. The SEC's main goal is to uphold the law against market manipulation.

The Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes-Oxley Act of 2002, and other laws are enforced by the SEC in addition to the Securities Exchange Act of 1934, which established it. Section 4 of the Securities Exchange Act of 1934, also known as the Exchange Act or the 1934 Act and currently codified at 15 U.S.C. 78d, established the SEC.

To learn more about Securities Act,visit:

brainly.com/question/17329529

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7 0
1 year ago
Agassi Corporation sells products for $90 each that have variable costs of $60 per unit. Agassi’s annual fixed cost is $450,000.
Fittoniya [83]

Answer:

Break even point in unit will be 15000

And in dolor it will be $1350000

Explanation:

We have given selling price for each product = $90

Variable cost = $60 per unit

Contribution margin = $90 - $60 = $30 per unit

Fixed cost = $450000

We have to find the break even point

We know that break even point is given by

Break even point =\frac{fixed\ cost}{contribution\ margin}=\frac{450000}{30}=15000unit

Break even point in dolor = $90×15000 = $1350000

4 0
3 years ago
Social surplus is maximized when all buyers with the reservations values ___________ than the market price are actually making p
nikklg [1K]

Answer:

highest-value; lowest-cost

Explanation:

Social surplus  can be define as the rate, amount of value or utility(which are welfare)  a society has gotten from goods and services consumption. It is not not like money or resource.

it is also referred  as economic surplus. it is  the summation of the sum of consumer surplus and producer surplus. The economic surplus is referred to as welfare package in full

5 0
3 years ago
Indicate whether each of the following creates a demand for or a supply of European euros in foreign exchange markets:__________
DIA [1.3K]

Answer:

A: Demand of euros in foreign market.

B: Supply of Euros

C: Demand of Euros

D: Demand of Euros

E: Supply of Euros

F: Demand of Euros

G: Supply on Euros.

4 0
3 years ago
The Walthers Company has a semi-annual coupon bond outstanding. An increase in the market rate of interest will have which one o
professor190 [17]

Answer:

The answer is D.

Explanation:

An increase in the market rate of interest of a bond will decrease the market price of the bond. Market rate of interest of a bond is inversely related to the market price of the bond.

For example, A bonds is issued with a higher interest rate, the price of existing bonds will fall because the demand for this bond falls.

6 0
3 years ago
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