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3 years ago

Which statement best describes a pure market economy

Business

2 answers:

ivolga24 [154]3 years ago

5 0

An economy or economy system that relies on markets to provide them resources.

Ksenya-84 [330]3 years ago

4 0

Out of the statements listed, the decisions made by producers and consumers try all economic choices best describes a pure market economy. A pure market economy is an economy where the market controls all of the decisions and allocations of goods. The market is made up of the producers and consumers, which is why this statement makes the most since. The government does not play any role in a pure market economy, which is where it received its name pure market because the market is purely responsible.

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Havermill co. establishes a $460 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated recei

svp [43]

Answer:

Explanation:

The journal entry to record the establishment of the fund on September 1 is:

Debit: Petty Cash. $460

Credit: Bank. $460

Being cash drawn for petty cash.

Other journal entry for the disbursement of the petty cash fund are:

1. Debit: Office Supplies. $94

Credit: Petty cash. $94

Being cash paid for office supplies

2. Debit:Merchandise inv. $170

Credit: Petty Cash. $170

Being cash paid for merchandise inventory

3. Debit: Miscellaneous exp. $43

Credit : Petty cash. $43

Being cash paid for miscellaneous expenses.

4 0

3 years ago

2. A company made the following merchandise purchases and sales during the current month

Bezzdna [24]

Answer: You need to subtract the following then add what you have left.

Explanation: For example if you had $300 and you spent 200 you have $100 left

4 0

3 years ago

Explain how test-marketing can increase profits.

kirill [66]

Answer:

Test marketing holds a lot of importance for the company. It allows

the company to test their product in a small region so as to get an

idea whether the product will work in a bigger market or not.

Through this, the company can measure the performance of the

product and can decide whether it should be released nationwide

for sale. Through this, the company can estimate the earnings that

can be earned through this product beforehand.

Explanation:

7 0

2 years ago

Thirty years ago, the original owner of Greenacre, a lot contiguous to Blueacre, in fee simple, executed and delivered to his ne

sineoko [7]

Answer: Son's argument should fail

Explanation:

The son's defense will fail because the location of the easement is not governed by reasonableness as it had been established at its current location by the neighbor.

It can not now be changed arbitrarily by the son because the original owner had allowed it to be built. The easement's location is therefore established by actions between the original owner and the neighbor and so it is a binding location.

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3 years ago

What's the difference between a checking account and a savings account?

elena-s [515]

Answer:

D. A checking account comes with a credit card.

Explanation:

A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.

Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.

6 0

2 years ago