<span>A. The relative price of goods and services. The law of demand and
supply explains the interaction between the supply and demand of a resource. The
law of demand states that if all things are equal, the higher the price the
lesser (quantity) the demand for the goods/services. While the
law of supply states that if all things are equal, the higher the price, the
higher the (quantity) supply of goods/services. </span>
The interest would be 11.61232% to be exact.
Answer: $58600
Explanation:
The net income that would have been if the allowance method had been used, and the company estimated that 2.5% of sales would be uncollectible will be calculated thus:
= Reported net income + Uncollectible - (Sales × % Uncollectible)
= $63800 + $9300 - ($580000 × 2.5%)
= $63800 + $9300 - $14500
= $58600
So here the interplay of supply and demand influences the dealings of the private business - which means that it's not centrally decided but rather market analysis is done to determine what is needed.
The best answer is: market forces!
If the head of the business was not looking to the market, but rather making central decisions, we could call it "central planning "
