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Otrada [13]
3 years ago
6

Profits and losses play an important role in helping a. to signal to government which businesses are suffering losses so that th

ey can be subsidized. b. consumers decide which products they value the most by looking at each firm's profit. c. direct businesses toward productive projects and away from ones that are productive. d. ensure that the total profits in the economy exactly equal the total losses.
Business
1 answer:
Damm [24]3 years ago
6 0

Answer:

Profits and losses play an important role in helping  direct businesses toward productive projects and away from ones that are productive.

Explanation:

That is the essence of accounting and finance monitoring that the efforts that the company is carrying out are compensating with the corresponding profits; If this is not the case, we make corrections or start new projects. Knowing profits and losses, we can know if a business is viable or not.

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Which of the following statements is true of the economic choices that consumers make
RSB [31]
Can you list the options?
5 0
3 years ago
True or false: A flexible budget reporting sales volumes at three different levels will have the same fixed costs.
lapo4ka [179]

Answer:

True

Explanation:

A flexible budget is a budget in which you modify the activity levels to reflect changes in sales to help the company adjusts to different circumstances that may occcur. Also, in this budget the fixed costs remain constant and the variable costs change with the activity levels. According to this, the answer is that the statement that says that a flexible budget reporting sales volumes at three different levels will have the same fixed costs is true.

5 0
3 years ago
An adult with a developmental disability works at a local product fulfillment and distribution center. She takes the bus to get
harkovskaia [24]

Answer: Tracking and identification.

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7 0
3 years ago
Why is the location of a business important to the success of that business?
Anna007 [38]

Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.


5 0
2 years ago
Consider a competitive market with a large number of identical firms. The firms in this market do not use any resources that are
lakkis [162]

Answer:

a. increase price in the short run but not in the long run.

Explanation:

A perfectly competitive market is one in which firms in an economy produce similar goods, and use resources that are limited in quantity.

An increase in demand will result in a corresponding increase in price, and results in firms making high profits. In the diagram below it results in a shift of demand from D1 to D2.

In the long run as firms have low barrier to entry more firms enter the market and supply shifts from S1 to S2. There is reduction in prices and profits start to fall. This is illustrated in the second diagram.

8 0
3 years ago
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