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
Since lower-income people spend a larger proportion of their incomes on groceries than do higher-income people, if grocery store
Mamont248 [21]

Answer:

<em>d. regressive tax.</em>

Explanation:

Because as we can see on the given statements that lower income people come to buy grocery than the higher income people, so the 10-cent fee for disposable bags will come under regressive tax, as we know that regressive tax is a tax in which is taken or collected largely from the lower income people than the higher income people.

<em>So, the correct option will be OPTION (d).</em>

6 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
Cerrena [4.2K]

Explanation:

Donna is going to engage in

buying <u>raw materials</u>?

3 0
2 years ago
Mulherin's stock has a beta of 1.23, its required return is 11.75%, and the risk-free rate is 2.30%. What is the required rate o
koban [17]

Answer:

a. 9.98%

Explanation:

The computation of required rate of return is shown below:-

Required return= Risk - Free rate + Beta × (Market rate- Risk-free rate)

11.75% = 2.30% + 1.23 × (Market rate - 2.3%)

(11.75% - 2.30%) ÷ 1.23 = Market rate - 2.3%

Market rate = (11.75% - 2.30%) ÷ 1.23 + 2.3%

=9.98%

Therefore for computing the required rate of return on the market we simply applied the above formula.

3 0
3 years ago
Peterson Photoshop sold $1,300 in gift cards on a special promotion on October 15, 2021, and sold $1,950 in gift cards on anothe
Anastaziya [24]

Answer:

$1,300

Explanation:

Given that,

On November 15, 2021

sold gift cards = $1,950

Of the gift cards sold in November,

Redeemed in November = $195

Redeemed in December = $455

Therefore, the deferred revenue is as follows

= November sales - Redemptions

=  November sales - (Redeemed in November + Redeemed in December)

= $1,950 - ($195 + $455)

= $1,950 - $650

= $1,300

4 0
3 years ago
Question 13 of 20 : Select the best answer for the question. 13. The document a caterer uses to stipulate the terms, conditions,
iVinArrow [24]
The document a caterer uses to stipulate the terms, conditions, and contents of the services he or she will provide each client is called the A.) CLIENT AGREEMENT.

Client Agreement is a contract between the client and the contractor. Both parties will sign on the written client agreement contract and both are held accountable on the terms and conditions specified in the contract.
8 0
3 years ago
Other questions:
  • Calvin loves eating at mcdonald's claiming they have the best fries, but when it comes to dessert, he feels he's a cake connoiss
    8·1 answer
  • Given the market for illegal drugs, when thegovernment is successful in reducing the flow ofdrugs into the United States,
    8·1 answer
  • Conflicts of interest pose a problem because they A. lower the quality of information. B. increase problems of asymmetric inform
    7·1 answer
  • The income statement is prepared from:
    5·1 answer
  • On January 8, Lee Co. borrows $100,000 cash from National Bank by signing a 90-day, 6% interest-bearing note. On April 8, Lee Co
    8·1 answer
  • Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households depo
    9·1 answer
  • Describe service problems you encountered in a recent service experience. Then categorize the service failures that occurred as
    8·1 answer
  • Sun Corporation received a charter that authorized the issuance of 86,000 shares of $6 par common stock and 19,000 shares of $75
    9·1 answer
  • How much money does a therapyst make an hour/ and how much would they make in a year
    7·2 answers
  • When a firm goes bankrupt, shareholders ______. Multiple choice question. can sue for loses cannot recover their risk capital ar
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!