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4 years ago

Which of the following is part of the basis of a capitalist economic system?apetitionc.coordinationb.conflictd.exchange

Business

2 answers:

Leni [432]4 years ago

5 0

Answer: a. Competition

Explanation:

The basic premise of the Capitalist economic system is competition. Firms need to compete amongst themselves to be able to sell more to people as well as to make the most profit.

The biggest advantage of competition in capitalism is that it forces companies to become efficient as they try by all means to produce at the lowest cost while still maintaining enough product quality that the customers will still love their brand.

It is therefore good for consumers as well because apart from providing them with good quality theoretically, the consumers get lower prices as well.

matrenka [14]4 years ago

5 0

Answer:

Competition-A

Explanation:

Just took the test edge 2020

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Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: D

Sauron [17]

Answer:

$33,630

Explanation:

Given that the company's collection history shows that 43% of credit sales are collected in month of sale and the remainder (57%) is collected in the following month then, in the month of January, Cash collections in January from December credit sales would be equivalent to 57% of December Credit sales. Using the actual figures,

Cash collections in January from December credit sales would be

= 57% * 59,000

= $33,630

7 0

3 years ago

Suppose there is a simple one good economy that only produces spinning rims. In 2004, the economy was able to produce 500,000 se

VMariaS [17]

Answer:

Zero Increase in Real GDP between 2004 and 2005.

Explanation:

Nominal value of GDP in 2004

Nomina Value = $100 x 500,000

Nominal Value = $50,000,000

Nominal value of GDP in 2005

Nominal value = $200 x 500,000

Nominal value = $100,000,000

We can find Real GDP amount by multiplying base year price by current year quantity.

Real GDP = Base year price x Current year quantity

Real GDP = $100 x 500,0000

Ral GDP = $50,000,000

5 0

3 years ago

Which of the following are virtues according to Aristotle?

ELEN [110]

The correct option is B, which is courage. According to Aristotle justice, courage, temperance, and so on are the virtues.

<h3></h3><h3>Who is Aristotle?</h3>

Aristotle was an ancient Greek philosopher, who made important contributions to logic, criticism, rhetoric, physics, biology, psychology, mathematics, metaphysics, ethics, and politics.

Thus, According to Aristotle courage is a virtue. Aristotle was an ancient Greek philosopher, who made important contributions to logic, criticism, rhetoric, physics, biology, psychology, etc.

Learn more about Aristotle here:

brainly.com/question/5399979

#SPJ1

8 0

2 years ago

A study examining the performance of numerous assets from the United States and around the world confirms that a. U.S. equities

antoniya [11.8K]

Answer:

d. beta did a better job of explaining the returns than standard deviation

Explanation:

Beta measures the systemic risk associated with the particular investment, it do not compute the total risk associated, which is more logical.

Standard deviation computes the total risk associated.

Some risk is natural, like the risk of floods, natural calamities, earthquake, etc:

That risk shall not counted as for comparison as that is associated universally. Further, the risk associated with particular factors like bankruptcy of a company, or some legal case issue of a company are precisely described by beta coefficient.

Thus, beta provides better details about explaining the returns.

5 0

3 years ago

What does SEO stand for and what does it mean exactly?

algol13

I believe SEO stands for Search Engine Optimization<span>. But I don't exactly know what it means :( I hope this helps!</span>

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3 years ago