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Leona [35]
3 years ago
5

The market mechanism:

Business
1 answer:
anyanavicka [17]3 years ago
5 0

Answer:

works because prices serve as a means of communication between consumers and producers.

Explanation:

Market mechanism is the money is used as a medium of exchange between buyers and sellers in a open system of value (market).

In the market mechanism consumers are interested in maximising utility, while sellers want to maximise profit.

Demand and supply mechanics works to properly allocate resources according to fluctuations in price.

So market mechanism is successful because price has become a means of communication between buyers and sellers in their mission to maximise utility and profit.

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Answer:

Support Argument.

Explanation:

Support argument is a process in which a person backs up his research or findings to prove it correct. The purpose of support argument is to sustain a product by an argument or a statement . Gertie has made a statement that she will try Ultra Tide. She has made this statement to support the ad of Ultra Tide. This is an example of support argument.

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4 years ago
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Hallie has an annual salary of 58000 and her company pays her twice a month. what is the gross income per paycheck that Hallie r
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<u>$2416.67</u>

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3 years ago
What education do you need for high school
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To teach High School, you need a Bachelors degree.

To graduate it, you have to pass English/Language Arts · Mathematics · Science · Social Studies/History · Foreign Languages · Physical Education

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According to the objective theory of​ contracts, the intent to enter into an express or​ implied-in-fact contract is judged by t
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Answer:

A

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I really hope this answer helps you out! It makes my day helping people like you and giving back to the community that has helped me through school! If you could do me a favor, if this helped you and this is the very best answer and you understand that all of my answers are legit and top notch. Please mark as brainliest! Thanks and have a awesome day!

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Assume that investors can borrow and lend at risk-free rate of 5%. The optimal tangent portfolio on the efficient frontier has a
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Answer:

B. Portfolio B with E(R)=13% and STD=18%

Explanation:

The computation is shown below;

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= 0.05 + 0.5 × 18%

= 14%

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3 years ago
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