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sergij07 [2.7K]
3 years ago
8

In a market​ system, how does society decide what goods and services will be​ produced?

Business
1 answer:
Anna71 [15]3 years ago
8 0
Government decides what goods and services will be produced.
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Why is it necessary for us to have knowledge and professional education? show the relationship between education and professiona
Dominik [7]

Answer:

In terms of knowledge, it is more important because you have to be knowledgeable to handle situation. Whereas, professional education help you in think big and broad not shallow, in order to be an hero to over situations in life. THE relationship between them is to be professional and your have to be knowledgeable.

5 0
3 years ago
Macroeconomics is the branch of economic theory that deals with behavior and decision making by small units such as individuals
qaws [65]

Answer:

False

Explanation:

"Microeconomics" is the branch of economic theory that deals with behavior and decision making by small units such as individuals and firms.  

However, Macroeconomics deal with structural analysis of the economy as a whole.

8 0
3 years ago
One of the Justices on the Supreme Court, stated that in this decision, the Supreme Court gave up power to gain power. What do y
Savatey [412]

Answer:

the judicial power shall be vested in one suprene court and in such lower courts as may be established by law.

7 0
3 years ago
Check-in, initial briefing, recordkeeping, and demobilization procedures are all necessary to ensure:
astra-53 [7]
A tbh i have no idea i just guessed 
8 0
4 years ago
With respect to delaying revenue recognition until completion of a long-term contract, it is the case that: Multiple Choice A) E
hichkok12 [17]
<h2>Estimated losses on the overall contract are recognized before the contract is completed. </h2>

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Revenue recognition cannot be done prior to the completion of contract.

But the asset can be created. Only after the contract gets completed the revenue recognition can be realized.

For a long-term project, the revenue can be recognized based on the percentage of completion.

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Option A: valid

Option B Invalid, because expenses are also recognized

Option C: This process is acceptable.

Option D: Gains and profits are calculated in this type of method

8 0
4 years ago
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