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dybincka [34]
3 years ago
15

Which is the main force behind the decisions made by producers in a free-market society?

Business
2 answers:
marysya [2.9K]3 years ago
7 0
The profit motive

Hope this helped!
STSN
Dahasolnce [82]3 years ago
4 0
<span><span>The profit motive. The quest for profit drives producers in a free-market. Hope this helps!!!</span></span>
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Suppose that consumer income increases and that ground meat is an inferior good. Which of the following will occur in the market
antoniya [11.8K]

Answer:

d. Market clearing price will fall, and equilibrium quantity will fall.

Explanation:

Inferior goods are those goods which do not behave normally to market.

As with increase in consumer spending capacity, their demand decreases.

Accordingly with decrease in demand , the prices will fall.

Thus, either Statement b is correct or statement d.

Since demand and price both tend to fall, the equilibrium quantity will fall for the same, as the demand will be low, the equilibrium quantity will fall to meet the demand level.

Thus, Statement D is correct.

4 0
3 years ago
The real interest rate tells you Question 31 options: how fast the number of dollars in your bank account rises over time. how f
Elan Coil [88]

The real interest rate tells you how fast the purchasing power of your bank account rises over time.

<h3>What is meant by the real interest rate?</h3>
  • When a borrower pays back a loan with interest, the lender obtains a gain in purchasing power that is expressed as a percentage.
  • In the previous illustration, the lender made $8 on the $100 loan, or 8%.

<h3>What is real and nominal interest rate?</h3>
  • The real rate of a bond or loan is determined by adjusting a real interest rate to account for the impacts of inflation.
  • The interest rate before accounting for inflation is referred to as a nominal interest rate.

<h3>Why real interest rate is important?</h3>
  • Real interest rates are the main concern of economists.
  • Investors may be forced to take on greater risk or withdraw entirely depending on the real rate.
  • Without ever taking a dollar, it can drain your savings.
  • Every central bank in the world has it on their radar.

Learn more about real interest rate here:

brainly.com/question/6106690

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5 0
2 years ago
Purchase discounts are the same as trade discounts true or false
elixir [45]

That statement is false.

They are different. Purchase discounts are given by the sellers to the buyers in order to reduce the amount that the buyers have to pay if they complete the payment within a specific period of time. Trade discount on the other hand, is given by manufacturers to the sellers or re-sellers.

6 0
3 years ago
Collection of a $1,000 Accounts Receivable A. decreases a liability $1,000; increases stockholders' equity $1,000. B. has no eff
DerKrebs [107]

Answer:

B. has no effect on total assets.

Explanation:

Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.

On receipt of cash, debit cash and credit accounts receivable.

Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.

8 0
3 years ago
Read 2 more answers
Freemont Company's Accounts Receivable decreased by $4,000 and its Inventory decreased by $3,000 during the year. Which of the f
lbvjy [14]

Answer:

a. The change in Accounts Receivable is added to net income; the change in Inventory is added to net income.

Explanation:

Operating activities: It includes those transactions which affect the working capital . The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added to the net income

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income

3 0
3 years ago
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