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Anika [276]
3 years ago
6

What is the concept that people may decide what and when they want to buy and sell called?

Business
2 answers:
Dmitrij [34]3 years ago
8 0

C. Voluntary Exchange

Voluntary exchange means buyers and sellers freely and willingly participating in marketplace transactions.

Karolina [17]3 years ago
3 0

Answer:

C) voluntary exchange

Explanation:

In economics, voluntary exchanges take place when a buyer and a seller both freely and willingly decide to trade their products or services. Before modern money become so widely used, the barter system was used to exchange mostly goods.

The whole idea behind a voluntary exchange is that both the seller and the buyer will be better off by carrying out the exchange transaction, i.e. I buy something because it satisfies my needs, and it will make me feel better.

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<span>unconditioned stimulus. 

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8 0
3 years ago
Read 2 more answers
gas-to-liquid (GTL) process that produces 140,000 bbl/day has aFCI of $12 billion. Estimate the FCI of a similar GTL plant produ
Y_Kistochka [10]

Answer:

$ 10.38 billion

Explanation:

Using six-tenths rule

Estimated cost / the known cost = (size of the estimate / size of the known)^0.6

Estimate = $ 12 billion ( 110000/140000)^ 0.6

Estimate = $ 10.38 billion

3 0
3 years ago
Which economic theory(ies) view(s) mncs as bad for the working class and developing world?
Kaylis [27]

Radicalism is the economic theory that views MNC's as bad for the working class and developing world.

Given that MNC's are viewed bad for the working class and developing world.

We are required to name the economic theory in which MNC's are viewed as bad for the working class and developing world.

The name of the economic theory that views MNC's as bad for the working class and developing world is radicalism. The term radicalism believes that society needs to be changed, and that these changes are only possible through revolutionary means. It is basically a negative theory for the MNC's. They are seem to be bad for the developing countries because they sometimes use the resources of the country out of the limit and in future the country will suffer from the scarcity of resources.

Hence radicalism is the economic theory views MNC's as bad for the working class and developing world.

Learn more about MNC's at brainly.com/question/13312055

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8 0
1 year ago
In general, how many human resource employees would be on staff for a firm with 500 total employees?
zaharov [31]

For every 100 company employees, there is typically one HR employee. Therefore, to cover all of the firm's HR concerns, a company with 500 company employees would need 5 HR professionals.

<h3>In a corporation, how many managers are there?</h3>

The four most prevalent types of managers are team leaders, top-level managers, middle managers, and first-line managers. The daily responsibilities of these positions vary, but so do their overall responsibilities within the organization and the types of employees they are responsible for managing.

<h3>What exactly is an HR professional?</h3>

An HR professional is a person employed to advance both the company and its personnel. The ideal HR professional will create, update develop, and manages corporate policies to ensure the benefits of his business and its employees while adhering to international labor standards and best practices.

Learn more about HR professional: brainly.com/question/28080701

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5 0
1 year ago
Measuring and reporting quality costs does not solve quality problems. Decreases in quality costs generally occur as soon as imp
Dahasolnce [82]

Answer:

True statements:

Measuring and reporting quality costs does not solve quality problems.

Quality cost information helps managers identify the relative importance of quality problems.

The impact of customer ill will is generally not found on quality control reports.

Explanation:

When the quality cost is determined and reported so the same should not solve the problem of the quality also the information related to the quality cost helps the managers to identify the significance of the quality issue

The effect of the customer could not found on the reports made for quality control

But if there is a decrease in the quality cost so the improvement programs could not be implemented soon

8 0
3 years ago
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