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frez [133]
2 years ago
13

What is the role of consumers and producers in a free market system

Business
1 answer:
Whitepunk [10]2 years ago
3 0

Answer:

Consumers buy and use the products that producers make and sell to the public. So the roles are consumers=buy while producers=make.

You might be interested in
Benefits for organizations that successfully implement supplier relationship management can include
frozen [14]

Answer:

1. More market speed

2. Reduced costs

3. better and Improved quality

Explanation:

A supplier relationship management can be explained as the process of knowing those suppliers that are really important to the growth of a business and putting into place, a system that would help in the managing of existing  relationships with these important suppliers.

Organizations that are able to fully implement such relationships enjoy benefits such as

1. increased speed to the market

such relationships can help to remove delays that are caused by supply chains

2. They enjoy reduced costs

product sampling, contract negotiation, sampling of new suppliers could take a lot of time as well as money. Mistakes could even be made

3. They also enjoy quality items from the suppliers

7 0
2 years ago
Personnel at a decision point in their careers can receive an overview of their veteran's benefits from what source?
Ratling [72]

The correct answer is; Transition Goals Plans Success Program.

Further Explanation:

The Transition Goals Plans Success Program is a resource that helps military members and their families prepare for life outside of the military. Men and women from all armed services departments are eligible to use this program to help the transitioning to a civilian citizen go smoothly.

The Transition Goals Plans Success Program starts as soon as someone enters the military and each milestone in their career. A few things that the program helps with are;

  • resume writing
  • career advice
  • military transition
  • interview tips
  • pursuing additional education

The Transition Goals Plans Success Program now has an app that families can download and have more access to resources.

Learn more about military personnel at brainly.com/question/7223998

#LearnwithBrainly

3 0
3 years ago
Excerpt from Areojet Corporation records for month of February: Per Unit Per Month Selling price $ 200,000 Direct materials used
EastWind [94]

Answer:

Work in process= $192,000

Explanation:

Giving the following information:

Direct materials used in production 40,000

Direct labor 10,000

Variable manufacturing overhead 2,000

Fixed manufacturing overhead $ 140,000

<u>The absorption costing method includes all costs related to production, both fixed and variable</u>. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Work in process= 40,000 + 10,000 + 2,000 + 140,000

Work in process= $192,000

7 0
3 years ago
Can I Plss get some help on this thank you
krek1111 [17]

Answer:

the United state has a comparative advantage in producing coal

6 0
1 year ago
SCI just paid a dividend of $2.16 per share, and its annual dividend is expected to grow at a constant rate of 4.50% per year. I
guajiro [1.7K]

Answer:

$33.44

Explanation:

The computation of the intrinsic value of the share is shown below:

= Next year dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $2.16 + $2.16 × 4.50%

= $2.16 + $0.0972

= $2.2572

The required rate of return is 11.25%

And, the growth rate is 4.50%

So, the intrinsic value is

= ($2.2572) ÷ (11.25% - 4.50)

= $33.44

8 0
3 years ago
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