1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sholpan [36]
3 years ago
10

Immediately after an ice storm brought down power lines throughout the region, hardware stores were sold out of batteries and fl

ashlights. However, within a couple of days, special deliveries brought in extra batteries and flashlights, and everyone who wanted to buy a flashlight or batteries was able to do so. Which of the following principles of economic interaction best describes this scenario? a. When markets do not achieve efficiency, government intervention can improve overall welfare. b. All costs are opportunity costs. c. There are gains from trade. d. Markets allocate goods effectively.
Business
1 answer:
Lisa [10]3 years ago
7 0

Answer:

D) Markets allocate goods effectively.

Explanation:

The two main principles of capitalism are that individuals are rational and act according to their best self interest, and markets will allocate goods and service more efficiently than governments.

In this case, the stores ran out of batteries and flashlights due to a sudden increase in the demand, but since the stores make a profit by selling batteries and flashlights, they immediately replenished their stocks and were able to satisfy all the customers' needs.

If the stores would have needed government permission for replenishing their inventories, they would have never done it so fast and so efficiently.

You might be interested in
Product differentiation refers to: consumers who sort and group goods based on similar characteristics. firms who offer similar
Luba_88 [7]

Answer:

firms who offer similar products to their competitors' products, but that are more attractive in some way

Explanation:

Product differentiation is marketing strategy where a firm makes its different from that of its competitors in order to make the product more attractive to consumers

3 0
2 years ago
Explain the difference between a checking and a savings account
lianna [129]

Answer: Heyaa! :)

  • <em>Saving Account</em>

→ income not spent, or deferred consumption. Methods of saving include putting money aside in

  • <em>Checking Account</em>

Offers easy access to your money for your daily needs ←

<em>The main difference between checking and savings accounts is that </em>checking accounts actually used on the daily <em>while</em> savings accounts are primarily for saving money.

Hopefully this helps <em>you !</em>

- Matthew ~~

6 0
1 year ago
Drag the tiles to the correct boxes to complete the pairs.
aleksandr82 [10.1K]
Tha is thanks for the free 8 points
7 0
2 years ago
Successful change requires that organizations be capable of both creating and implementing ideas, which means the organization m
-Dominant- [34]

Ambidextrous
It means utilizing both hands equally fluidly or deftly
Ambidextrous organizations - Exploratory units are separated from their traditional units in ambidextrous organizations, which encourages them to create their own systems, organizations, and cultures. But at the senior management level, they also closely coordinate these new divisions with the already-existing organizations.
Organizations can benefit from ambidexterity in various ways. The most important result of ambidexterity is creativity since innovation requires both exploratory and exploitative characteristics. Ambidexterity is the capacity to maintain a balance between exploratory and exploitative processes.
understandings of the four behaviors at the core of an ambidextrous organisation
a tactical approach to exploring
senior management commitment
separation from the unethical companies
a shared culture across all teams
To learn more about the ambidextrous organization please visit-
brainly.com/question/838485
#SPJ4

3 0
2 years ago
Activity-based costing uses one plantwide pool and numerous cost drivers departmental pools and a single cost driver. numerous c
kipiarov [429]

Answer:

numerous cost pools and numerous cost drivers

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.

Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

6 0
2 years ago
Other questions:
  • An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of​ a:
    11·1 answer
  • Can someone plz tell me what is 500-500+50​
    12·1 answer
  • Gladstone Co. has expected sales of $360,000 for the upcoming month and its monthly break even sales are $342,500. What is the m
    6·1 answer
  • Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-o
    12·2 answers
  • The year-end adjusted trial balance of Aggies Corporation included the following account balances: Retained Earnings, $219,000;
    9·1 answer
  • Belfry Company makes special equipment used in cell towers. Each unit sells for $410. Belfry produces and sells 12,700 units per
    12·1 answer
  • g Explain the traditional interest-rate channel for expansionary monetary policy. Explain how a tight monetary policy affects th
    11·1 answer
  • At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player at full capacity that normally
    5·1 answer
  • In order to access a web site it is always necessary to type www in the address
    8·2 answers
  • The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!