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Anvisha [2.4K]
4 years ago
9

How does self interest guide a market based system?

Business
2 answers:
Rama09 [41]4 years ago
8 0

Idk how does self interest guide a market

Salsk061 [2.6K]4 years ago
8 0
Self interest determines demand for products and competition determines price
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Many businesses choose to open their intranets to other selected organizations through the use of?
ololo11 [35]

Many businesses choose to open their intranets to other selected organizations through the use of <u>extranet</u>.

An intranet is a private network that is used for restricted communication within a business. It is used to share information and resources among employees in a secure manner, and enables collaboration and other services.

An extranet is also a private network, but is used by businesses to provide secure information to trust third parties. These third parties may be vendors, suppliers, partners, customers, etc. It is in some sense an extension of the intranet. The information shared is tightly controlled and only authorized users are allowed to access it

To learn more about extranets: brainly.com/question/13263185?

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7 0
2 years ago
Suppose the frozen pizza market is in equilibrium. A recession causes local household incomes to decline. Assuming that frozen p
aliina [53]

Answer:

increase

increase

Explanation:

Inferior goods are goods whose demand falls when income rises and increases when income falls.

If frozen pizza is an inferior good, a decrease in income will increase the demand for frozen pizza. this would lead to an increase in price and quantity

5 0
3 years ago
A bed mart company is in the business of manufacturing beds and
vladimir1956 [14]

The maximum daily profit for the company is $860

<h3>What is an inequality</h3>

Inequality is an expression that shows the non equal comparison of two or more variables and numbers.

Let x represent the number of bed and y represent the number of pillow, hence:

4x + 2y ≤ 40    (1)

Also:

2x + 4y ≤ 32   (2)

From the graph, the solution is at:

(8, 4)

Profit = 80x + 55y = 80(8) + 55(4) = $860

The maximum daily profit for the company is $860

Find out more on inequality at: brainly.com/question/24372553

3 0
3 years ago
Consider two bonds, a 3-year bond paying an annual coupon of 5% and a 10-year bond also with an annual coupon of 5%. Both curren
Schach [20]

Answer:

Bond Price = $875.6574005 rounded off to $875.66

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,

Coupon Payment (C) = 1,000 * 0.05  = $50

Total periods (n) = 3

r or YTM = 0.10

The formula to calculate the price of the bonds today is attached.

Bond Price = 50 * [( 1 - (1+0.10)^-3) / 0.10]  + 1000 / (1+0.10)^3

Bond Price = $875.6574005 rounded off to $875.66

8 0
3 years ago
Willing to give a lot of points
ivann1987 [24]

One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.

<h3>What is free market?</h3>

A free market is a market structure where there is no interference from government but forces of demand and supply controls it.

With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.

Learn more about free market here : brainly.com/question/13519121

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6 0
2 years ago
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