1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natasha_Volkova [10]
3 years ago
12

Which of the following is not a function of prices in a market system? Group of answer choices Prices send signals to buyers and

sellers to help them make rational economic decisions. Prices ensure an equal distribution of goods and services among consumers. Prices coordinate economic activity. Prices have the crucial job of balancing supply and demand.
Business
1 answer:
Sedaia [141]3 years ago
6 0

Answer:

Prices ensure an equal distribution of goods and services among consumers.

Explanation:

The price mechanism helps in the efficient allocation of resources. There are a number of functions performed by the price mechanism. Prices send signals regarding resources. An increase and decrease in prices reflect surplus and deficit.  

Price balances the demand and supply of a product. Price is inversely related to demand and positively related to the supply of a product. It is determined by the interaction of demand and supply and helps in balancing supply and demand.  

For instance, an increase in demand would increase the price, this higher price will motivate the suppliers to increase quantity supplied thus balancing demand and supply.  

Price helps in coordinating economic activities and helps buyers and sellers in decision making. However, they do not help in equal distribution of goods and services among consumers.

You might be interested in
g Robert Hitchcock is 40 years old today and he wishes to accumulate $500,000 by his 65th birthday so he can retire to his summe
Mariana [72]

Answer:

The correct answer is $6934.48.

Explanation:

According to the scenario, the given data are as follows:

Time period ( 41 - 64 years) (n)= 24 years

Rate of interest (r) = 8%

Future value (FV) = $500,000

Annual deposit amount = P

So, we can calculate the annual deposit amount by using following formula:

FV = P × (1+r) × [{ (1+r)^n - 1} ÷ r]

By putting the value, we get

$500,000 = P × ( 1 + 0.08) [{ (1+0.08)^24 - 1} ÷ 0.08]

$500,000 = P × ( 1.08) [{ (1.08)^24 - 1} ÷ 0.08]

$500,000 = P × ( 1.08) [{ 6.34118073724 - 1} ÷ 0.08]

$500,000 = P (72.1035)

P = $500,000 ÷ 72.1035

P = 6934.48

8 0
3 years ago
Sankey co. has earnings per share of $4. 25. the benchmark pe is 19. 4 times. What stock price would you consider appropriate?
Rashid [163]

An appropriate stock price will be $82.45 ($4.25 * 19.4).

The most common manner to price stock is to compute the organization's rate-to-income (P/E) ratio. The P/E ratio equals the enterprise's stock rate divided via its maximum lately suggested income in line with proportion (EPS). A low P/E ratio means that an investor buying the inventory is receiving an appealing amount of value.

The time period inventory fee refers to the current rate that a proportion of inventory is bought and sold for available on the market. Every publicly-traded company, when its shares are issued, is given a fee – a challenge in their value that ideally reflects the price of the corporation itself.

An inventory is a general term used to explain the ownership certificates of any organization. A proportion, on the other hand, refers to the inventory certificate of a selected organization. Protecting a specific employer's percentage makes you a shareholder.

Learn more about the organization here brainly.com/question/1288780

#SPJ4

6 0
2 years ago
Security M has expected return of 17% and standard deviation of 32%. Security S has expected return of 13% and standard deviatio
Murljashka [212]

Answer:

0.047424

Explanation:

Given that

Expected return of security M = 17%

Standard deviation of Security M = 32%

Expected return of security S = 13%

Standard deviation of security S = 19%

And, the correlation coefficient = 0.78

So, by considering the above information the co variance is

=  Correlation coefficient × Standard deviation of Security M × Standard deviation of security S

= 0.78 × 0.32 × 0.19

= 0.047424

5 0
3 years ago
Purely competitive industry X has constant costs and its product is an inferior good. The industry is currently in long-run equi
jasenka [17]

Answer:

increase in output, but not in the equilibrium price of the product. 

Explanation:

The options weren't provided. The full question can be found here - https://www.chegg.com/homework-help/questions-and-answers/perfectly-competitive-industry-x-constant-costs-product-inferior-good-industry-currently-l-q39354625

An inferior good is a good whose demand increases when income falls and whose demand falls when income rises.

When average income falls, the demand for good X rises. The level of output increases as a result of the rise in demand but price doesn't change.

I hope my answer helps you.

5 0
3 years ago
Which one is a disadvantage of the process structure? *
Westkost [7]

Answer: Add and delete divisions

Explanation:

The process structure in organizations is when the organization is divided into different departments such that they're all related to each other for organizational goals to be achieved.

The divisions can include sales, research, manufacturing etc. It brings about more competition among the departments, focuses on customers and brings about flexibility.

Therefore, the disadvantage will be "Add and delete divisions".

4 0
2 years ago
Other questions:
  • What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?
    12·1 answer
  • Prices tell entrepreneurs which areas of the economy they may profitably expand into
    14·1 answer
  • The price of pie increases. Some people who purchased pie before the price increase no longer purchase pie. This is A. a negativ
    9·1 answer
  • 5 Senaraikan empat contoh aktiviti perniagaan yang boleh diceburi dengan modal yang kecil
    11·2 answers
  • Morganton Company makes one product and it provided the following information to help prepare the master budget: The budgeted se
    10·1 answer
  • Henry Hutchins is discontent with his job but believes that his supervisor is a good man who will do whatever is necessary to re
    7·1 answer
  • Joe Dumars Company has outstanding 40,000 shares of $5 par common stock which had been issued at $30 per share. Joe Dumars then
    15·1 answer
  • The business department of State Community College is increasing its online course offerings. Its objectives are uniformity of q
    15·1 answer
  • Your client purchases land that has been severely eroded. He plans to fill the holes caused by the erosion with waste material.
    13·1 answer
  • The demand for seats in 10 a.m. classes at the College of the Canyons is higher than the demand for seats in 8 a.m. classes. The
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!