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
serg [7]
3 years ago
7

2–2 What role do financial markets play in our economy?

Business
1 answer:
mamaluj [8]3 years ago
3 0

Answer: 4

Explanation:

You might be interested in
in a revenue management system, forecasting, allocation, overbooking, and pricing must work in unison if the objective is to:
sineoko [7]

In a revenue management system; the forecasting, allocation, overbooking, and pricing must work in unison if the objective is to maximize the revenue generated by a perishable asset.

<h3>What is a revenue management system?</h3>

Basically, a revenue management system refers to a system that analyzes the combination of competitor rates, historical rates, market dynamics and inventory levels to predict demand and provide rate recommendations. A very good revenue management system will always automate the entire process and generate rates that can maximize revenue and profitability.

One of the example of use of Revenue Management is employed in the businesses of Hotel Management and the Airline Industry. The primary source of most revenue for hotels is found in their room rates and the revenue generated from the bookings is a simple multiplication of price and volume booked.

Read more about Revenue Management

brainly.com/question/28204332

#SPJ1

5 0
1 year ago
​Jane is a middle-aged woman fond of EpidermaNow's skincare products. These products are produced and marketed globally. Epiderm
olya-2409 [2.1K]

Answer: Global citizens

Explanation: In simple words, an individual who have better understanding of the world operations than others are called global citizens. These individuals favor global activities with the perception that these will result in more equality around the world either directly or indirectly.

In the given case, Jane purchased a product because of its global nature despite of high prices. Therefore, she clearly is favoring globalization.

Hence, from the above we can conclude that the right option is A.

4 0
3 years ago
Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets
Neko [114]

Answer:

$42,000

Explanation:

Direct Labor per Unit = $5.60

Total Planning Budget Units = 7,500 Units

Direct Labor for Planning Budget = Total Planning Budget Units * Direct Labor per Unit

Direct Labor for Planning Budget = 7,500 Units * $5.60

Direct Labor for Planning Budget = $42,000

So, the direct labor in the planning budget for May would be closest to $42,000.

6 0
3 years ago
If Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, she has a(n) ___________ in producing corn.
allochka39001 [22]

Answer:

b. comparative advantage

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

For example, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.

In this scenario, Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, therefore, she has a comparative advantage in producing corn.

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

Hence, the comparative advantage gives an individual or country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

5 0
3 years ago
Wages accrued but not paid at july 31 are 1200​
r-ruslan [8.4K]

Answer:

Accrued wages refers to the amount of liability remaining at the end of a reporting period for wages that have been earned by hourly employees but not yet paid to them. This liability is included in the current liabilities section of the balance sheet of a business.Sha. 11, 1438 AH

Explanation:

3 0
2 years ago
Other questions:
  • Key performance indicator​ cards: A. lead to local but not global or strategic improvements if they are not linked to strategy.
    14·1 answer
  • If you were to join the military, which one will you join?
    7·2 answers
  • Kate holds a middle-management position with a large corporation. She prefers to involve her subordinates in decision making. Sh
    13·1 answer
  • Amy's school records describe her as having monochrome blindness. what can we assume about amy's perceptual abilities?
    5·1 answer
  • For many of the working poor, medical insurance is out of the question. In 2014, approximately __________ of U.S. households wit
    12·1 answer
  • When preparing a journal entry for a transaction that affects retained earnings, the "Retained Earnings" account should not be d
    7·1 answer
  • If a reform of the tax laws encourages greater saving, the result would be
    5·1 answer
  • Our basketball team has finished $80\%$ of its season, during which we won $40\%$ of the games we played. What percent of the re
    12·1 answer
  • _________ is the systematic study of a job’s tasks, duties, and responsibilities and the knowledge, skills, and abilities needed
    11·1 answer
  • Summarize what is a mutual fund!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!