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34kurt
3 years ago
7

A middleman is a person who

Business
1 answer:
Alika [10]3 years ago
7 0

Answer:

A

Explanation:

A middleman is a link between a producer and a consumer. Middlemen includes wholesalers and retailers

Some of the functions of middlemen include

1. They provide information to the producers about consumers' tastes

2. they market producers goods and services  

3. Middlemen render financial help to manufacturers.

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The stockholders' equity section of the balance sheet for Potawatomi Corporation appeared as follows before its recent stock div
adell [148]

Answer:

Common stock = $110,000

Additional paid-in capital  = $130,000

Retained earnings = $170,000

Explanation:

Computation of the given data are as follows:

Common stock after issuing stock dividend = $100,000 + ( 10,000 ×10% × $10)

= $100,000 + 10,000 = $110,000

Additional paid-in capital after issuing stock dividend = 120,000 +  ( 10,000 ×10% × $10)

= 120,000 + 10,000 = $130,000

Retained earnings after issuing stock dividend = 150,000 +  ( 10,000 ×10% × $20)

= 150,000 + 20,000 = $170,000

7 0
3 years ago
Consumers have certain rights that do NOT carry corresponding responsibilities.
galina1969 [7]

Answer:

<h2>Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(<u><em>false is the answer)</em></u></h2>
7 0
3 years ago
1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time
gizmo_the_mogwai [7]
1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D. 

2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor. 
6 0
3 years ago
The model of competitive markets relies on these three core assumptions:
Vesnalui [34]

Answer:

The three scenarios describe a competitive market.

Explanation:

1) In the competitive market buyers and sellers are price takers, this means that there are many producers and consumers and none of them are able to intervene in price and market. Price is given, ie price is determined by interaction in the market. 2) The products are identical. That is, no company will make a profit due to differentiated products. In perfect competition, companies produce identical products, and the consumer is indifferent to the product characteristics of each company. 3) There is free entry and exit of companies and factors of production, ie there is no cost to enter and exit any sector. This means that factors can migrate from one sector to another without incurring costs, meaning there are no barriers to entry and exit from any sector.

Thus, from items 1 and 2, consumers and buyers are price takers, that is, they cannot influence the price determined by the market. Item 3 is about achieving zero profit or normal long-term profit. This is because the free entry and exit of companies avoids extraordinary profits by encouraging companies to migrate to sectors that earn higher profits in the short term. Thus, in perfect competition, compa

7 0
3 years ago
How can I become a millionair
Crank
Lots of ways pick a subject and try hard.

8 0
3 years ago
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