All categories

2 years ago

What determines the number and prices of goods and services that will be

Business

2 answers:

KengaRu [80]2 years ago

7 0

Answer:

D. The law of supply and demand

Explanation:

A market economy is an economy that exists in a perfect market. The economy is controlled by the forces of demand and supply. This means that no party controls or determines the price nor the quantity in the market, but the law of demand and supply.

Troyanec [42]2 years ago

4 0

Answer:

D. The law of demand and supply

Explanation:

The law of supply states that all things being equal the higher the price the higher the quantity of a commodity that will be supplied. The law states that when the price of a commodity is high in the market, more of it will be made available to consumers and vice versa

You might be interested in

Which skills will be most beneficial for computer help desk technician

tester [92]

Here are five of the most advantageous soft skills for IT help desk technicians:Critical Thinking. Oftentimes, help desk technicians have flow charts or predefined procedures they can follow to resolve known problems. ...Written Communication. ...Active Listening. ...Verbal Communication. ...Conflict Resolution.

7 0

2 years ago

Kate's 24-Hour Breakfast Diner menu offers one item, a $5.00 breakfast special. Kate's costs for servers, cooks, electricity, fo

REY [17]

Answer:

The correct answer is option c.

Explanation:

The price of Kate's breakfast special is $5.

The average variable cost is $3.95.

The average fixed cost is $1.25.

The average total cost

= $3.95 + $1.25

= $5.20

The price is not covering the average total cost but it is covering the average variable cost. The firm can continue operating in the short run but stop production in the long run.

6 0

2 years ago

An important function of the regional Federal Reserve Banks is Question 2 options: A) clearing checks. B) determining monetary p

zysi [14]

Answer:

B) determining monetary policy AND D) setting reserve requirements.

Explanation:

The Federal Reserve Bank is comprised of 12 regional Federal Reserve Banks that are each responsible for a specific geographic area of the U.S.

The Fed's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.

Furthermore, In the United States, the Federal Reserve Board of Governors controls the reserve requirement for member banks.

3 0

2 years ago

A(n) ________ makes values from a central database available for applications that support all of an organization's internal bus

Flauer [41]

A(n) enterprise resource planning system makes values from a central database available for applications that support all of an organization's internal business activities.

A form of software known as enterprise resource planning (ERP) is used by enterprises to manage routine business operations like accounting, purchasing, project management, risk management and compliance, and supply chain management.

Users can automate time-consuming everyday processes with the help of ERP packages like Epicor, Netsuite, and SYSPRO. You can spend more time on your people and your most urgent business demands by concentrating less of your time on repetitive tasks or running reports from many platforms.

Learn more about enterprise resource planning (ERP) here

brainly.com/question/26598341

#SPJ4

8 0

1 year ago

Delta Distributors has accounts receivable of $2,750,000 and average daily credit sales of $118,280. The firm offers credit term

liq [111]

Answer:

The firm's accounts receivable period is 23.25 days

Explanation:

Accounts receivable period = 365 / Account receivable turnover ratio

When Account receivable turnover ratio = Net sales / Account receivables

Account receivable turnover ratio = 118,280 * 365 days/ 2,750,000

Account receivable turnover ratio = 15.698

Hence, Account receivable period = 365 / 15.698

Account receivable period = 23.25 days

3 0

2 years ago