1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
atroni [7]
2 years ago
14

What is the step by step process of making money in the united states?

Business
1 answer:
brilliants [131]2 years ago
6 0
First you go to the bank and then you get a job
You might be interested in
The difference between market demand and aggregate demand is that:
svetoff [14.1K]

Answer:

d. aggregate demand applies to all goods and market demand applies to a specific good.

Explanation:

Market demand is to the quantities of a good or service that customers are able and willing to buy at a given period at a specific price. The focus is on a single product.

Market demand is in the microeconomics category. It addresses the quantities of a product that customers are willing to buy from the market at a specific price. In determining market demand, price is a critical consideration.

Aggregate demand is the total spending by the economy on goods and services at alternative prices over a given period. The consideration is for the entire country.

Aggregate demand represents the macroeconomic conditions of the country. In the long run, aggregate demand is the GDP of an economy.  GDP is the total amount of goods and services produced in a country, while Aggregate demand is the demand for those goods and services.

.

3 0
3 years ago
If a bookstore manager prices a book higher than the equilibrium price, then _____. A. the market price of the book will become
oksano4ka [1.4K]

D. There will be an excess supply of these books.

4 0
3 years ago
Read 2 more answers
Market structures For each of the following scenarios, determine which market model best describes the scenario. Then identify t
pantera1 [17]

Answer:

Please refer explanation

Explanation:

A. Many small shops sell different styles of sweaters. Some stores sell higher-quality and more expensive sweaters then other stores.

1. many

2. differentiated

3. easy

4. price-searcher

Monopolistic competition is whereby there are many firms selling similar products and services but are not perfect substitutes. They may be different in quality, design or style. Barriers to entry are low and any one firm’s decision does not necessary affect all others. These firms tend to have limited price setting powers and they make use of heavy adverting and brand differentiation.

B. Hundreds of high school students who require tutoring in algebra choose among dozens of tutoring companies offering similar services.

1. many

2. standard

3. easy

4. price-taker

Perfect competition is a market structure where there are many firms selling homogenous or commodity products, such as a fruit or vegetable vendor. They do not have the ability to influence the price and they take the price that they receive. There is free flow of information between sellers and buyers regarding the goods sold as well as the prices of goods and services sold. Firms can easily enter and exit the market.

C. Four Internet providers offer similar services to almost everyone in the city. Any new company would have to engage in a price war with the existing companies.

1. few

2. standard

3. challenging

4. oligopoly

Oligopoly is an imperfect market structure with a small number of firms who are impacted by each other’s actions. Oligopolies may collide either explicitly or tacitly in order to restrict output or fix prices and achieve above normal market returns. Government policies and regulations are placed to encourage or discourage oligopolistic behavior and ensure that consumers are not exploited.

D. Only one pharmaceutical company has a government patent to sell an experimental drug.

1. one

2. unique

3. impossible

4. monopoly

A monopoly refers to a single company dominating the market in an industry. It has a proportionately large market share. This can be due to an absence of proper restraints. They have control of the price in the market for that product. There are very large batters to entry and exit, they exploit economies of scale and are able to make abnormal profits in the industry.

4 0
3 years ago
A stamping machine begins turning out components that are out of tolerance. the manager removes the machine from service to ensu
fredd [130]

In this question, this is an example of immediate corrective action.

 

<span>Immediate corrective action is having a solution to the problem right away. This shows that the manager provides action on the spot in the situation/problem. This type of corrective action lacks sustainability and the duration of the solution is not think through.</span>

6 0
3 years ago
Conversion costs are a.direct materials and factory overhead b.direct materials and indirect labor c.direct materials and direct
Digiron [165]

Answer:

d.factory overhead and direct labor

Explanation:

The conversion cost is a mix of the direct labor and the factory overhead or the manufacturing overhead

In mathematically,

Conversion cost = Direct labor + factory overhead

It is that cost which includes direct labor cost and manufacturing overhead cost only. It means that it excludes the direct material cost. Like - depreciation, factory rent, factory supplies, etc

4 0
3 years ago
Other questions:
  • Instructions: Answer each question in complete sa
    13·1 answer
  • Managers use a predetermined overhead rate for which of the following reasons?
    6·1 answer
  • On April 1, 2016, the KB Toy Company purchased equipment to be used in its manufacturing process. The equipment cost $57,200, ha
    7·2 answers
  • Industries’ capital structure features 63 percent equity, 7 percent preferred stock, and 30 percent debt. If the before-tax comp
    11·1 answer
  • In the process of brainstorming his goals, Robert realized his Web business was more about money than creativity. His decision t
    7·2 answers
  • What is the value today of a money machine that will pay $4,010.00 per year for 13.00 years?
    8·1 answer
  • NewCorp has net income of $360. The firm pays out 35 percent of the net income to its shareholders as dividends. During the year
    9·1 answer
  • When recording the payment of interest using the effective-interest method, the entry will include a ______ to Discount on bonds
    7·1 answer
  • Salads 'R' Us requires all its franchisees to sign an agreement that they will use napkins and dressings purchased from Salads '
    7·1 answer
  • Organizations pursuing which hr strategies would be most likely to use work experience for employee development?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!