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vredina [299]
3 years ago
12

What role do funds (money) play in the circular flow model? a. They are what households or firms pay for products or resources.

b. They are the means by which trade creates value. c. They enable firms and households to interact with foreign firms and households. d. They enable firms and households to pay their taxes
Business
1 answer:
ryzh [129]3 years ago
8 0

Answer:

a. They are what households or firms pay for products or resources.

Explanation:

The circular flow model shows how money flows in the society, from producers to workers in the form of wages, and back to the producers as money paid for products thereby providing exchange between the household and the firm.

The household work for firms in exchange for money to pay for goods and services offered by the firm while the firm sell there goods to the household so as to be able to generate profits.

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If fixed costs are $821,000 and variable costs are 63% of sales, what is the break-even point in sales dollars
Nezavi [6.7K]

Answer:

Break-even point (dollars)= $2,218,919

Explanation:

Giving the following information:

Fixed costs= $821,000

Variable costs rate= 63%

<u>If the variable cost rate is 63%, then the contribution margin rate is:</u>

Contribution margin ratio= 1 - 0.63

Contribution margin ratio= 0.37

<u>Now, the break-even point in sales revenue:</u>

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)=  821,000 / 0.37

Break-even point (dollars)= $2,218,919

5 0
3 years ago
Starbucks discovered through marketing research that 30% of consumers buy over 90% of all coffee drinks. If Starbucks used this
ser-zykov [4K]

Answer: Objective and Specific

Explanation:

 According to the given scenario, the Starbucks is basically analyzing the market segments by using the proper marketing search process and it using the objective and the specific base of the segmentation for evaluating the each segments in the given data.

The main component of the segmentation is the objective that helps in reducing the overall risk in the decision process and also increase the overall efficiency of the product in the market.

 Therefore, Objective and Specific is the correct answer.

4 0
3 years ago
Which of the following describes a situation in which there would be decreasing marginal utility?
Ray Of Light [21]
Marginal utility<span> is the additional satisfaction a consumer gains from consuming one more unit of a good or service.

so the decreasing in satisfaction from getting goods is (I think) B</span>
4 0
3 years ago
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Patient satisfaction with va care and services is often reported to be at what percentage?.
lidiya [134]

Your highness, caught you sippin' on lean

Reminds me that's how it's supposed to be

Explanation:

7 0
2 years ago
Select items that affect incentives for people to produce and exchange goods and services.
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The items that affect incentives for people to produce and exchange goods and services are:

liability rules
property rights
contract enforcement

<span>These factors will hinder the exchange of goods and services to people.</span>
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3 years ago
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