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True [87]
3 years ago
7

In which type of economy do people grow crops for their own use?

Business
2 answers:
VARVARA [1.3K]3 years ago
5 0
The type of economy that people grow crops for their own use is traditional .The correct answer is D. 
nikklg [1K]3 years ago
4 0

Answer: raditional economy

People grow crops for their own use in a traditional economy.

Explanation:

Traditional economy refers to a system of economy which depends on traditions, culture, history, and beliefs in guiding economic decisions such as production and distribution. Their sources of living includes: agriculture, fishing, hunting, gathering and so on. They trade in barter system instead of money. This economy centers around family, they produce only what they need, they exist in a hunter-gatherer and nomadic society and they also grow crops for their own use.

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If ________ fails and cannot pay its​ liabilities, creditors can force the owners to pay the​ business's debts from the​ owners'
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3 years ago
Chang, Inc.'s balance sheet shows a​ stockholders' equity-book value​ (total common​ equity) of ​$750 comma 500. The​ firm's ear
Artist 52 [7]

Answer:

The​ price/book ratio is 2.45

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For computing the price/book ratio, we have to apply the formula which is shown below:

= Market price of equity ÷ book value of equity

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the market value of equity = firm's earnings per share × price/earnings ratio × number of outstanding common stock shares

= $3.00 × 12.25 × 50,000 shares

= $1,837,500

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Now put these values to the above formula

So, the answer would be equal to

= $1,837,500 ÷ $750,500

= 2.45

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4 0
3 years ago
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