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
timurjin [86]
2 years ago
6

The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces,

political forces, and social forces.
Business
1 answer:
jeka57 [31]2 years ago
5 0

Correct/Complete Question:

The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False

Answer:

True

Explanation:

The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;

 -  What goods and services should be produced?

 -  How should these goods and services be produced?

 -  Who consumes these goods and services?

Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.

I hope this helps.

You might be interested in
Gridiron Merchandising anticipated selling 30,000 units of a major product and paying sales commissions of $8 per unit. Actual s
madam [21]

Answer:

C. $13,100U.

Explanation:

The cost variance is given by the difference between the actual cost of commissions and the projected cost of commissions of 30,000 units at $8 each:

V = \$253,100-(\$8*30,000)\\V=\$ 13,100\ U

Since the actual cost is higher than the anticipated cost, the balance is unfavorable.

Gridiron would report a cost variance of: C. $13,100U.

8 0
3 years ago
Which one of the following statements related to the internal rate of return (IRR) is correct? Multiple Choice Financing type pr
aleksley [76]

Answer:

nd -4- 2 (1)/(2)

Explanation:

6 0
3 years ago
Which of the following is a skill?<br> A. Sitting<br> B. Hearing<br> C. Dancing<br> O D. Talking
-Dominant- [34]
C, Dancing. Have a good rest of your day!!
5 0
3 years ago
Read 2 more answers
In the year 2010, the income per worker in the United States was $82,359 and the income per worker in South Korea was $54,315. T
zhenek [66]

Answer:

The difference in human capital explains $7,863 of the income per worker gap while the difference in physical capital explains $20,181 of the income per worker gap.

Explanation:

Human capital refers to the skills, knowledge, and efforts of the people in producing goods and services. It is also known simply as labor. Physical capital refers to the "man-made" goods that assist in production, including machinery, equipment, and technological items such as computers.

In the given scenario, the income per worker in the United States is $82,359 - $54,315 = $28,044 more than the income per worker in South Korea. This is explained by differences in both the level of technology (i.e. physical capital) and the capability of workers (i.e. human capital).

We are informed that the income per worker in South Korea would be $74,496 if it had the same level of technology as the United States. This means that $74,496 - $54,315 = $20,181 of the income per worker gap between the two countries is explained by differences in physical capital. Hence the remaining difference of $28,044 - $20,181 = $7,863 is explained by differences in human capital between the two countries.

5 0
3 years ago
You are helping a customer who wants to purchase pavers and they have selected
IrinaVladis [17]

Answer:

D. Ask the customer if they need any other products for the project.​

Explanation:

Customers who buy pavers are usually involved in a medium or large house project, and probably need other products. For this reason, a sales representative should ask the customer if they need anything else for the project in order to increase sales for the company.

7 0
3 years ago
Other questions:
  • Suppose that the yield curve shows that the one year bond yield is 3 percent, the two year bond is 4 percent, and the three year
    6·1 answer
  • The ___________________ is the part of the labor-management agreement that states that employees who receive union benefits must
    10·1 answer
  • Two different manufacturing processes are being considered for making a new product. The first process is less capital-intensive
    14·2 answers
  • Proper marketing objectives have required elements to make them effective. Which of the following is the best example of how a m
    13·1 answer
  • 9)What is the dominant strategy for bidders in an English oral auction?9)A)Bid until the previous bid price equals the reservati
    12·1 answer
  • How will hiring you benefit our restaurant
    5·1 answer
  • Read the following sources and decide which have characteristics of reliable and unreliable information.
    13·1 answer
  • Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 75.00. During these years of part
    15·1 answer
  • No one answer then till my girly answers
    5·2 answers
  • Within the 4e framework for social media, the ultimate goal of a firm is to ______ the customer. multiple choice question. excit
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!