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nekit [7.7K]
4 years ago
7

____________ is an economy in which the government- ideally- has nothing to say about what

Business
1 answer:
Stels [109]4 years ago
4 0

Answer:

market economy                          

Explanation:

A market economy refers to the system in which supply and demand regulations direct commodity and service development. Supply involves natural, capital and labor. Demand involves customer, corporation, and government procurement.            

In other terms, a market economy refers to the economic system in which innovation, manufacture and distribution choices are driven by the market mechanisms generated by market forces powers. The main feature of a market economy is really the presence of variable markets which play a leading role in allocating capital and output factors.

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Mackey believed that quality of life is a very important consideration, so much so that Whole Foods’ lobster tanks are kept at o
SpyIntel [72]

Answer:

The correct answer is letter "D": a CSR.

Explanation:

Corporate Social Responsibility (CSR) is the set of actions companies take that go beyond their regular operations to ensure consumers' satisfaction and benefit society as a whole. Taking care of their inner and outer environment is a clear example of CSR.

In particular, <em>because of the business Whole Foods is dedicated to, keeping their foods in proper conditions to facilitate the purchase of their consumers and avoid food contamination represents their CSR.</em>

5 0
3 years ago
Suppose investment spending increases by $50 billion and as a result the equilibrium income increases by $200 billion. the value
iren [92.7K]
<span>The marginal propensity to consume (MPC) is the the change in consumption divided by change in income. Where change in in consumption = $50B and change in income = $200B. So we have 50/200 =1/4 = 0.25. So the MPC is $250M</span>
8 0
3 years ago
A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t
kotegsom [21]

Answer: (1) 700 pizzas

(2) Its revenue increases by $2600.

Explanation:

Given that,

price elasticity of demand for his pizza = -4

Percentage change in price = 10%

Initial Quantity,Q_{0} = 500 Pizzas

Elasticity of demand = \frac{Percentage\ change\ in\ quantity }{Percentage\ change\ in\ price }

-4 = \frac{Percentage\ change\ in\ quantity }{0.1 }

\frac{Percentage\ change\ in\ quantity } = -4 × 0.1

\frac{Q_{1}-Q_{0}}{Q_{0}} = 0.4

\frac{Q_{1}-500}{500} = 0.4

∴ Q_{1} = 700

Initial price, P_{0} = $20

Changed price, P_{1} = $18

Revenue at t = 0

P_{0} Q_{0} = 500 × 20 =$10000

Revenue at t = 1

P_{1} Q_{1} = 700 × 18 = $12600

Therefore, from the above calculations it was seen that his revenue increases by ($12600 - $10000)= $2600 and its sales increases to 700.

8 0
3 years ago
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose machine. The
Vesnalui [34]

Answer:

Explanation: download the manual if you may get and get solutions

8 0
3 years ago
On January 1, 2021, a company issues $750,000 of 8% bonds, due in ten years, with interest payable semiannually on June 30 and D
valentina_108 [34]

Answer:

January 1 2021  Cash              750000 Dr

                            Bonds Payable    750000 Cr

June 30 2021  Interest Expense  30000 Dr

                             Cash                     30000 Cr

December 31 2021  Interest expense  30000 Dr

                                    Cash                      30000 Cr

Explanation:

The bonds are issued at par so whole 750000 is received in cash on issue date.

The annual interest on bonds is 750000 * 0.08 = 60000

This is paid in equal installments semi annually so semi annual payment is 60000 / 2 = 30000

4 0
3 years ago
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