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Damm [24]
3 years ago
6

Explain the difference between capital and capital goods

Business
1 answer:
Phantasy [73]3 years ago
6 0

Explanation:

Capital: The most important city or town of a country or region.

Capital goods: Goods that are used in producing other goods, rather than being bought by consumers

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Tom frequently _______ in the 4 of his friends and family. My Answer:
Vesnalui [34]
The correct answer is meddles. The sentence will be phrased as, Tom frequently meddles in the 4 of his friends and family. 
Medals are a noun which is defined as receiving a reward because of an achievement from a specific field.
Metals are inorganic objects such as Aluminium and others.
Mettles doesnt exist. 
6 0
3 years ago
​allison's auto art is a company that applies pinstripes to vehicles.​ allison's cost for a basic 1minus−color pinstriping job i
Lunna [17]
In economics, marginal cost is the additional expenditure or cost you incur when you buy another more quantity of the product. When Allison bought the <span>1minus−color application, she spent a total of $130.

$35 + $95 = $130

When she upgraded to 3minus-color application, her cost now increased to 

$175 + $40 = $215

Now, as mentioned, marginal cost is the additional cost incurred when buying one more quantity of the same product. Therefore, marginal cost = </span>Δcost/Δquantity. Thus,

Marginal Cost = ($215-$130)/(3-1)
Marginal Cost = $42.5

The marginal cost is $42.5 per color application.
6 0
3 years ago
Money facilitates trade because: Group of answer choices it serves as a medium of exchange. it eliminates the need for specializ
gogolik [260]

Answer:

It serves as a medium of exchange.

Explanation:

It serves as a medium of exchange is the correct answer because in the trade money plays an important role and it makes the trading very easy as compared to barter system where a person has to find the other person who is in the need of same commodity through which the other person wants to exchange. Moreover, the use of money as a medium of exchange eliminated all the problems that were in the barter system.

7 0
3 years ago
Which of the following is the correct order of market structure from most competitive to least?
ankoles [38]

Answer:

Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly

Explanation:

In perfect competition, many sellers are competing to sell an identical product. The market has very many small suppliers. No single supplier dominates the market, meaning no seller has the power to influence the price. The market has very many buyers as well. Suppliers have the freedom to enter or exit the market with ease.

Monopolist competition has very many sellers selling similar but differentiated products. Due to the differentiated aspect, sellers can set the prices for their products. The market has very many buyers.

An oligopoly is where a  few big suppliers dominate the market. The oligopoly market may have other smaller suppliers whose market share is a small percentage. Oligopoly may stock or manufacture identical or differentiated products.

A monopoly is where a dominant supplier is selling a particular product without competition. Only one supplier is selling that type of product. An oligopoly can sell lifetime solutions through books.

3 0
3 years ago
The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3
babymother [125]

Answer:

Equivalent unit(material) = 17,700

Equivalent unit(conversion costs) = 13,301

Explanation:

A. Computation for equivalent unit(material)

<u>Particular                                                    Unit</u>

Units transferred                                       9,400

<u>Ending work in process 8,300(100%)      8,300</u>

<u>Equivalent unit(material)                         17,700</u>

<u></u>

B. Computation for equivalent unit(conversion costs)

<u>Particular                                                      Unit</u>

Units transferred                                         9,400

<u>Ending work in process 8,300(47%)          3,901</u>

<u>Equivalent unit(conversion costs)          13,301</u>

3 0
3 years ago
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