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KonstantinChe [14]
3 years ago
14

Which of the following is the main force behind the decisions made by

Business
1 answer:
Darya [45]3 years ago
8 0

Answer:

Which of the following is the main force behind the decisions made by

producers in a free-market society?

The profit motive

Explanation:

This best explains the reason behind monopoly, such producer decides everything in the market which makes the customers without any option than to buy. This makes the main objective in free-market society to be the profit motive.

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Known popularly by its section in the Federal Bankruptcy Code, which of the following types of bankruptcy is the traditional for
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Answer:

Chapter 7 bankruptcy

Explanation:

Chapter 7 bankruptcy is the most common type of bankruptcy filing and it can be filed by individuals, partnerships or corporations (anyone can do it). It is also the quickest and simplest form of bankruptcy filing. But if you are an individual, in order to qualify for Chapter 7 bankruptcy you must earn less than the median state income. Many people choose Chapter 7 bankruptcy since they can get to keep all or almost all of their property.

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4 years ago
Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserv
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<span>he deposits the money into his checking account at first main street bank is the answer</span>
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3 years ago
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The goal of logistics is to manage the physical flow of materials and information from points of origin to points of consumption
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Answer: Meeting customer requirements at a profit

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3 years ago
Prepare summary journal entries to record the following transactions for a company in its first month of operations. a. Raw mate
koban [17]

Answer: See explanation

Explanation:

The journal entry will be analysed below:

a. Dr Raw materials inventory $100,000

Cr Accounts payable $100,000

b. Dr Work in process inventory $42000

Cr Raw materials inventory $42000

Dr Factory overhead $15000

Cr Raw materials inventory $15000.

c. Dr Work in process inventory $36000

Dr Factory overhead $14000

Cr Cash $50,000

d. Dr Factory overhead $8250

Cr Cash $8250

e. Dr Work in process inventory = $36000 × 120% = $43200

Cr Factory overhead $43200

f. Dr Finished goods inventory $68175

Cr Work in process inventory $68175

g. Dr Cost of goods sold $68175

Cr Finished goods inventory $68175

Dr Accounts receivable $97000

Cr Sales $97000

7 0
3 years ago
Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to k
suter [353]

Answer:

Ethics

Explanation:

Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.

Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.

If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.

6 0
3 years ago
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