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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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Answer:

Proximity, convenience, and the lack of alternatives are all factors that can cause unhappy customers to return (and perhaps improve their opinion). However, competition is much fiercer when it comes to e-commerce

4 0
2 years ago
Which of the following is an argument against increasing social responsibility?
Novosadov [1.4K]

Answer:

What are the answers?

Explanation:

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4 0
3 years ago
A company had an unadjusted Cost of Goods Sold of $1,690,000. The company closes its underapplied or overapplied overhead to Cos
lakkis [162]

Answer:

"$1,673,750" is the appropriate answer.

Explanation:

The given values in the question are:

Applied overhead,

= $666,250

Actual overhead,

= $650,000

Unadjusted cost,

= $1,690,000

Now,

The overapplied overhead will be:

= Applied \ overhead-Actual \ overhead

= 666,250-650,000

= 16,250 ($)

hence,

The goods sold's adjusted cost will be:

= Unadjusted \ cost-Overapplied \ overhead

= 1,690,000-16,250

= 1,673,750 ($)

8 0
3 years ago
What are the functions of MNCs​
nikdorinn [45]
The various functions of MNC are:
Promotion of foreign investment.
Technology transfer.
Promotion of exports.
Investment in infrastructure.
4 0
3 years ago
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Explanation:

4 0
3 years ago
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