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3 years ago

Which economic procedure best encourages voluntary exchange?

Business

2 answers:

Svetlanka [38]3 years ago

5 0

i think its government regulations or possibly scarcity

Mashcka [7]3 years ago

3 0

Answer: (a) specialization

Explanation: out of all the four options (i.e.: specialization, price ceilings, scarcity, government regulation) specialization is the economic procedure that encourages voluntary exchange the most. This is because in specialization, a country is not self-sufficient; it does not produce everything itself. It only produces those good or services, which it produces best in terms of price and efficiency and hence, since it is only producing limited products, it will have to rely on trade to obtain goods and services that other country, are producing better.

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When the interest rate increases, the opportunity cost of holding money Group of answer choices increases, so the quantity of mo

Contact [7]

An increase in the interest rate increases the opportunity cost of holding money and leads to a reduction in the quantity of money demanded

<h3>What is opportunity cost ?</h3>

The opportunity cost of a particular activity option in microeconomic theory is the loss of value or benefit that would be incurred by engaging in that activity, as opposed to engaging in an alternative activity that offers a higher return in value or benefit.

The value of the next best alternative or option is referred to as the opportunity cost. This value may or may not be monetary. Value can also be measured using other criteria such as time or satisfaction. One formula for calculating opportunity costs could be the ratio of what you give up to what you gain.

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2 years ago

what challenges might people living in a county or state with a high concentration of subprime scores be facing as a result of t

Setler [38]

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In the U.S, the ratings of a credit score by FICO include the following;

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In this context, the challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:

I. Poverty.

II. Famine and hunger.

III. Low level of healthcare.

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2 years ago

After months of thinking about the new laptop she heard about from a friend, anna finally decides it’s time to buy it. In what s

inna [77]

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1 year ago

Bluestone Company had three intangible assets at the end of the current year:

adoni [48]

Answer and Explanation:

The computation is shown below:

1) Calculation of the acquisition cost is

Patent = $4,000

Trademark = $210,000 + $8,500 = $218,500

Licensing Rights = $80,000

2) Computation the amortization expense is

Patent = $4,000 ÷ 10 = $400

Trademark = $218,500 ÷ 10 = $21,850

Here we assume the indefinite life of 10 years

Licensing Rights = $80,000 ÷ 5 = $16,000

Income statement:

Amortization expense $38,250 ($400 + $21,850 + $16,000)

Balance sheet at year end december:

Fixed assets

Intangibles

Patent $3600 ($4,000 - $400)

Trademark $196,650 ($218,500 - $21,850)

Licensing Rights $64,000 ($80,000 - $64,000)

8 0

2 years ago

In 2008, expected inflation exceeded inflation. in 2009, inflation exceeded expected inflation. therefore the real interest rate

Nastasia [14]

Expensive cost with Trade interest

4 0

3 years ago