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Pie
3 years ago
15

Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s

uppliers. He also provides his community with a place to buy delicious baked goods. This is an example of____________.
Business
1 answer:
Svetllana [295]3 years ago
6 0

Answer:

This is an example of Invisible Hand.

Explanation:

The invisible hand concept describes the individual effort in providing benefit to overall society by his untiring efforts. The market force that helps the demand and supply of goods in a free market to reach equilibrium automatically and providing benefits to its own people.

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4. List three reasons for dividing a grill into zones of varying heat intensity.
SCORPION-xisa [38]

In the United States broiling is a top-down heat whereas grilling is a bottom-up heat. Grilling is anything where heat is aimed at food, top, side, or down. Baking in the UK is the same as in the U.S. (convective or ambient temperature equivalent cooking.)

Hey only know #6 so i hope this helps

3 0
3 years ago
Each of the following independent events requires a year-end adjusting entry. Show how each event and its related adjusting entr
Tatiana [17]

Answer:

1. Prepaid insurance (Dr.) $6,300

  Cash (Cr.) $6,300

2. Cash (Dr.) $15,300

   Unearned Income (Cr.) $15,300

3. Purchases (Dr.) $1,750

   Accounts payable (Cr.) $1,750

   Cost of Goods Sold (Dr.) $1,620

   Ending Inventory (Dr.) $130

   Purchases (Cr.) $1,750

4. Prepaid office rent (Dr.) $6,300

   Cash (Cr.) $6,300

Explanation:

The adjusting entry is a journal entry recorded at end of accounting period to adjust events or transactions to comply with the accrual concept.

The closing entries are journal entries required to close a transaction or event in the period. The purpose is to follow matching concept of accounting.

7 0
3 years ago
Airbase is a consumer electronics company known for its affordable mobile devices that follows a cost-leadership strategy. In th
lapo4ka [179]

Answer: 4. a consumer electronics company popular among price-conscious customers.

Explanation: Companies who thread a cost-leadership strategy or path could be said to be 'price-centric', that is gives price huge cognizance and will strive to be a market or industry leader when it comes to giving best and most affordable prices on products.

Thus, since Airbase follows a cost leadership strategy and also popular among consumers for its affordable devices, it should also weigh or compare it's strategy to other consumer electronics company which is popular among consumers which gives cognizance to price of products they purchase.

5 0
3 years ago
He United States–Mexico–Canada Agreement (USMCA) includes new guidelines for digital trade and regulatory practices between the
frutty [35]

It is a true statement that the United States–Mexico–Canada Agreement includes new guidelines for digital trade and regulatory practices between the three nations.

<h3>What is the United States–Mexico–Canada Agreement?</h3>

It a trade deal negotiated by Donald Trump between the three nations which was signed on November 30, 2018.

It replaced the North American Free Trade Agreement which had been in effect since January of 1994.

The USMCA does includes new guidelines for digital trade and regulatory practices between the three nations.

Read more about USMCA

brainly.com/question/27514857

#SPJ1

4 0
2 years ago
Suppose Latasha comes into a large sum of money and decides to lend it out to earn interest on it. She realizes, however, that e
qwelly [4]

Answer:

moral hazard

Explanation:

Banks reduce the risk of moral hazard when they monitor and supervise how their clients are using the loans and credits made to them.

Some types of credits do not require any type of monitoring or control, e.g. a credit card which a client can use basically however he/she wants to. But other types of credit that are taken for purchasing assets, e.g. a mortgage, must be used by the bank's client to specifically carryout the intended activity.

In economics, moral hazard refers to the tendency that an economic party can engage in unusually risky activities because the capital (money) that they are investing is not theirs and the negative effects of a potential loss will be suffered most by other parties.

5 0
3 years ago
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