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kozerog [31]
3 years ago
6

using the terms macroeconomics and microeconomics explain the economic relationship between a nation and the firms and household

s that are in the nation
Business
1 answer:
makvit [3.9K]3 years ago
3 0

Answer:

- The nations

Created regulations that prevent the firms to do something that harmful for the households. This made people in the households able to safely buy their products without worrying much about the materials that is used by the firms.

The nations also create regulations that prevent the firms to conduct malicious/dishonest marketing practices.

- The firms.

Created product that can be consumed by the customers.

These products will be use by the household to fulfill both their basic needs and tertiary needs.

After obtaining a profit, the firms will pay a percentage of their profits to the nations. The nations will use it to fund government programs.

- The household

The household provides the labors that is ued by the firm. They also use the wage of their labors to purchase products that is produced by the firm. A percentage of their wages also taken as taxes for the household.

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A ticket broker purchases two tickets to an upcoming concert for $30 each, although the original ticket holder would have been w
Leno4ka [110]

Answer:

Using these assumption the total value created would be $80 per ticket ($90 - $10).

Explanation:

Take note of the expressions;

  1. <em>"the original ticket holder would have been willing to sell each ticket for $10", and</em>
  2. <em>"new buyer would have been willing to pay up to $90 for each ticket"</em>

Following these assumptions, the broker captured value or profit from the transaction would be $80 per ticket sold to new buyer, since he bought the tickets for $10 each.

Remember, that another word for profit is  total value captured.

4 0
4 years ago
Benson, Inc., manufactures a single product. The company's plantwide overhead rate is $25 per machine-hour (MH). Each unit of pr
viva [34]

Answer:

Total unitary cost= $29.8

Explanation:

Giving the following information:

The company's plantwide overhead rate is $25 per machine-hour (MH). Each unit of the product requires 0.6 machine hours. The direct material cost per unit of product is estimated at $10.96 and direct labor cost is estimated at $3.84 per unit.

Total unitary cost= 10.96 + 3.84 + (25*0.6)= $29.8

7 0
4 years ago
write a sentence that gives the name of the first web page you visited and one fact about your career you learned there. Write a
Norma-Jean [14]

anwser Write a sentence that gives the name of the second web page you visited and one fact about  your career you learned there. Write another sentence about how you knew the website was trustworthy.The second website I chose was. The military was something I’ve always thought about joining and I felt like this was the branch to go with. One fact I learned while on their website was that the Marines were the first to enter battle when war is in effect.It’s obvious that the website was trust worthy since, well, it was the Marines’ website. Write a sentence that gives the name of the third web page you visited and one fact about your career you learned there. Write another sentence about how you knew the website was trustworthy.The last website I chose for this assignment was. I’ve always been good at coming up with my own voices and impressions and this website helps find you auditions for roles. This website has been around since 2009 and it’s still growing. Oneite resting fact I learned about voice acting is that it’s not as easy as it seems to act AND to find roles. One way I found out that the website was trustworthy was that famous voice actors use this website as well, such as Sean Schemmel or Chris Sabbat.

Explanation:

hope this helps

5 0
3 years ago
Three years ago, you invested $3,350.00. Today, it is worth $4,100.00. What rate of interest did you earn
Anastasy [175]

Answer:

6.97%

Explanation:

the formula to be used is

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

$4,100.00 = $3,350.00 x ( 1 + r)^3

divide both sides of the equation by $3,350.00

$4,100.00 / $3,350.00 = ( 1 + r)^3

1.223881 = ( 1 + r)^3

find the cube root of both sides

1.069661 = 1 + r

r = 6.97%

7 0
4 years ago
A company engineer has an idea that by implementing an IoE solution the company will save time in getting a product to market. T
frozen [14]

Answer:

Software system modeling is a technique to deal with the complexity inherent in these systems. The use of models helps the software engineer to "visualize" the system to be built. In addition, models of a higher level of abstraction can be used for communication with the customer. Finally, the modeling tools and those of Automated Software Engineering. They can help verify the correctness of the model.

3 0
4 years ago
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