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shepuryov [24]
4 years ago
9

Capitalism is an economic system in which private property, markets, and firms play an important role. Based on this definition,

which of the following statements is correct?
A. An economic system is a way of organising the production and distribution of goods and services in an entire economy.
B. The knowledge you attain from the CORE program is a private property.
C. Forced labor where the workers receive some daily allowance is a market.
D. Employee owned cooperatives are not firms.
Business
1 answer:
Nataly [62]4 years ago
4 0

Answer:

Correct Answer:

A. An economic system is a way of organizing the production and distribution of goods and services in an entire economy.

Explanation:

Capitalism, which is an economic system  in which a country's trade and industry are controlled by private owners for profit, rather than by the state helps in ensuring the adequate running of the country. <em>It is a method whereby goods and services are organized in an entire economy through private investments and firms.</em>

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In a bottle-manufacturing company, employees were divided into two teams, hoping to increase production by fostering competition
dalvyx [7]

Answer: synergy

                             

Explanation:   Synergy refers to the idea that the total value and output of two groups of individuals should surpass the total of that same individual components.

Synergy is really a concept most frequently used within mergers and acquisitions (M&A). Synergy is most often a driving factor underneath a merger, or the possible financial gain gained through the combination of businesses.

Stockholders will profit if, owing to the synergistic impact of the transaction, the post-merger stock price of a corporation rises. The projected savings gained through the merger can be linked to various factors such as higher revenues, shared expertise, and innovation, or reduced costs.

6 0
3 years ago
John invested $12,000 in the stock of Hyper Cyber Eight years later, Hyper Cyber's shares reached $125,000, but John held onto t
Blizzard [7]

Answer:

Option (B) is correct.

Explanation:

A sunk cost is a cost that was already incurred in the past, alternatively we can say that it is a past cost. These are the costs which cannot be recovered in the future.

The examples of the sunk cost is depreciation expenses, salary expenses, maintenance expense etc.

Therefore, it is not considered in the decision making process which will be held in the future

Since, in the given question, the amount of $12,000 was invested eight years ago which is not recovered now. So, we considered this cost as a sunk cost.

6 0
4 years ago
The number of dependents that people are choosing to have is ?
joja [24]

Current demographic trends show that the number of dependents that people choose to have is <u>Decreasing</u>.

<h3>What is the trend in dependants?</h3>

A general trend that has been noticed in recent years is that people are choosing to have less dependants such as children.

The top reasons for this include more education and increased economic hardship.

Find out more on trends in population growth at brainly.com/question/521129.

#SPJ1

5 0
2 years ago
Glenrosa Company bought inventory from Monterosa Company, FOB destination. On December 31, the last day of the accounting year,
il63 [147K]

Answer:

The correct option is (B) Monterosa

Explanation:

At the time when the goods are shipped so in the case of FOB destination the goods title would be transferred to the buyer at the time of reaching to the buyer destination as mentioned by the buyer. Till then it would be included in the seller's inventory

So as per the given situation, Monterosa should involves this goods in its closing inventory i.e. as on December 31

4 0
3 years ago
Using the double declining depreciation method for an asset with a useful life of 7 years. What is the depreciation expense for
Nastasia [14]

Answer:

The depreciation expense for year 2 is $13,469

Explanation:

Computing the depreciation expense for year 1 is:

Depreciation expense = Asset cost / Number of useful life

= $110,000 / 7

= $15,714.28

Computing the depreciation expense for year 2 is as:

Asset cost for year 2 = Asset cost - Depreciation expense for year 1

$110,000 - $15,714.28

= $94,285.72

So, depreciation expense would be:

Depreciation expense = Asset cost for year 2 / Number of useful life

= $94,285.72 / 7

= $13,469

4 0
3 years ago
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