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I am Lyosha [343]
3 years ago
9

What is the purpose of money? (1 point) it makes trading goods and services more efficient. it gives the government a way to tra

ck our habits. it gives society a national symbol of pride. it keeps our nation from experiencing a depression. open study?
Business
2 answers:
Natali5045456 [20]3 years ago
4 0

it makes trading goods and services more effective i just took the test and got it right

masya89 [10]3 years ago
3 0

Answer:

The correct answer is letter "A": it makes trading goods and services more efficient.

Explanation:

Money is the unit of exchange used and recognized for transactions within a certain economy. Before money bartering was the means of exchange for trading purposes. Though, it was hard to determine the value of the items that were going to be traded. Money gives prices a standard according to the value the object represents in the market making trading of those goods or services being more efficient.

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Which category of environmental forces in international marketing would involve: Coors Brewery attempting to sell its beer in Ir
romanna [79]

Answer:

Competitive Forces

Explanation:

Competitive Forces are factors and variables that threaten a company's profitability and prevent it dominance on setting high prices and monopoly. The number and power of a company's competitive rivals and substitute products influences how the company makes profits.

Competitive Forces can be grouped into two which are;

Direct Forces: This determines how low the floor can go for a price competition

Indirect Forces: This places a cap on market's prices and profits

Coors Brewery attempting to sell its beer in Ireland competing against Guiness Beer... Or attempting to sell its beer in Australia competing against Fosters beer is an example of Competitive Forces because by attempting to sell its beer in either of Ireland or Australia to compete with Guiness Beer or Fosters Beer, there will be competition in the Industry, thus, the larger the number of equivalent product and services offered, the lesser the power of a company.

Suppliers and Buyers alike seeks for a company's competition and see if they are able to offer better deals and lower prices.

If Coors Brewery is able to offer better deals or lower prices In Ireland or Australia as against Guiness or Fosters Beer, there will be competitive rivalry as they will become a direct force competition that will determine how low the price of beer will go in the two countries respectively

3 0
3 years ago
Read 2 more answers
Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount repor
myrzilka [38]

Answer:

Specter Co.

The amount reported on the year-end balance sheet for cash and cash equivalents is:

= $31,100.

Explanation:

a) Data and Calculations:

Cash deposit in checking account = $16,000

Bond investment due in 20 years = $46,000

US Treasury bill due in 1 month = $11,500

3-year loan to an employee = $850

Currency and coins = $3,600

Accounts receivable  $1,150

Cash and Cash Equivalents:

Cash deposit in checking account $16,000

US Treasury bill due in 1 month         11,500

Currency and coins                             3,600

Total cash and cash equivalents =  $31,100

b) Cash and Cash Equivalents are Specter's assets that are in the form of cash (currency and coins) and Specter's assets that can be readily converted into cash (Treasury bills and notes, commercial papers. certificates of deposit, money market funds, and cash management pools).

4 0
3 years ago
Suppose winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. one
DedPeter [7]

Economic profit is calculated as:

Economic profit = Total Revenues – Total Cost

Total cost both includes explicit and implicit cost. In this case, the explicit cost is $8,000 while the implicit cost is $64,000. Explicit cost is a direct payment made to run the business while implicit cost is the opportunity as accountant that is lost. Therefore,

Economic profit = $150,000 – ($8,000 + $64,000)

<span>Economic profit = $78,000</span>

6 0
3 years ago
(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985. (ii) Explain the principal agricultural pract
Nimfa-mama [501]

Answer:

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985.

  • The use of modern agricultural techniques became widespread around many regions in the world. This led to higher yields through the use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.  

(ii) Explain the principal agricultural practices/technologies associated with the green revolution.

  • extensive use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.  

(iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields.

  • In North America, Mexican food production increased and they stopped importing food. Although currently that has reversed, and it is importing even more food than before.
  • In Brazil, agricultural production increased dramatically. Both total farmed area and yields have continued to increase in the past years becoming a threat to the amazon basin.

(b) Identify and discuss TWO social, political, or cultural conditions necessary for the success of the agricultural practices/technologies of the green revolution.

  • Emigration from rural areas to urban areas which resulted in a rapid expansion of urban centers. Since less labor was needed in farms, many people left rural areas due to lack of jobs.
  • People started accepting genetically modified crops, which were not well accepted at first. A lot of money was invested in research and development of new seeds, fertilizers and pesticides.

(c) Identify and discuss TWO significant economic or ecological factors that may limit the long-term success of the agricultural practices/technologies of the green revolution.

  • Many new agricultural techniques have resulted in a decrease of soil fertility. In many places crops cannot grow unless a lot of fertilizer is used.
  • Countries were the green revolution was originally successful, like Mexico (where it started), have reduced the total area dedicated to crops. As the yields increased, the price of food started to decrease and many small farms could not keep operating.  
4 0
3 years ago
1. Of the 540 seniors at Lake City High School, 35% are going on a school trip. If the buses ordered for the trip seat 42 studen
bearhunter [10]

Answer: 1. 5 buses 2. 15%

Explanation:

7 0
3 years ago
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