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Zanzabum
3 years ago
11

Jen is starting a nonprofit store. She plans to sell handmade African scarves and jewelry. Which economic question(s) would Jen

still need to answer?. . For whom to produce?. . How to produce?. . What to produce? and For whom to produce?. . What to produce? and How to produce?
Business
2 answers:
Usimov [2.4K]3 years ago
3 0
I believe the answer is: How to produce ? and For whom to produce?

From the information above, we know that jen already determine the type of goods that she wanted to produce (African scarves and jewelry)

The next step that jen need to take is to determine her target consumers that might interested in the product (for whom to produce) and the most efficient way to do the production to minimize the cost (how to produce)<span />
vazorg [7]3 years ago
3 0
By the statement given above, Jen still needs to answer the question, "How to produce?". She already has answered the question, "What to produce?" which may be answered by handmade African scarves and jewelry. Additionally, she also needs to answer the question, "For whom to produce?".
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Which of the following is subtracted from national income to get to personal income?
emmasim [6.3K]

Answer:

The answer is "Option A"

Explanation:

RE stands for retained income, In this system also requires the net income to be used in the accounting and cash flows, while the statement of money flow, which is not released as dividends of shareholder value, is used instead for new investments within the company, and other options are were wrong that can be described as follows:

  • Option B and option D are similar to each other because, both used for payment on personal and consumer loans, that's why it is not correct.
  • In option C, It is used in the calculation, that's why it is not correct.

3 0
3 years ago
Assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. Als
mariarad [96]

Answer:

MPC = 0.4

Explanation:

Multiplier shows change in income due to change (increase) in investment, or change (decrease) in tax. It is calculated by Marginal Propensity to Consume, as follows -

Multiplier ie k = Δ Income / Δ (govt investment or tax) = 1 / (1 - MPC)

Given : ΔG  ie tax fall = 60 ; Targeted income rise = Full employment - actual output = 2000 - 1900 = 100

k = ΔY / ΔG = 100 / 60 = 1.67

k = 1 / (1 - MPC) → 1 - MPC = 1 / k → 1 - MPC = 1 / 1.67 → 1 - MPC = 0.6

MPC = 1 - 0.6 → MPC = 0.4

8 0
3 years ago
Two companies share a market, in which they currently make $5,000,000 each. Both need to determine whether they should advertise
snow_tiger [21]

Answer: Please refer to Explanation.

Explanation:

Two Companies. We shall call them A and B.

If A and B decide not to advertise, they both get $5,000,000.

If A advertises and B does not then A captures $3 million from B at a cost of $2 million meaning their payoff would be,

= 5 million - 2 million + 3 million

= $6 million.

A will have $6 million and B will have $2 million as $3 million was captured from them. This scenario holds true if B is the one that advertises and A does not.

If both of them Advertise, they both reduce their gains by $2 million while capturing $3 million from each other so they'll essentially both have just $3 million if they both decide to advertise.

With the above scenarios, it is better for both companies to ADVERTISE if there is NO COLLUSION. This is because it ensures that they do not get the lowest payoff of $2 million if the other company decides to advertise and they do not.

However, if they DO COLLUDE. They must both decide that NONE of them SHOULD ADVERTISE and this would leave them with their original $5 million each which is a higher payoff than the $3 million they will both receive if they were both advertising.

3 0
3 years ago
Just-in-time inventory (JIT) systems: a. are used only by manufacturing firms. b. provide a buffer stock of inventory for a comp
Annette [7]

Answer:

The correct answer is d. are used to reduce inventory holding costs.

Explanation:

The Just-in-time inventory (JIT) system is a stock management system where stock is received when needed for production (stock received just in time for production). This inventory strategy increases efficiency and decreases waste by receiving goods only as they need them for the production process, which reduces inventory costs. However its effectiveness lies in accurate demand forecast.

8 0
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The purpose of a good web page design is to make it_and_ .
Cloud [144]
The purpose of a good web page design is to make it successful and admirable
8 0
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