Answer:
B. They make choices based on their self-interests.
Explanation:
A market economy can be defined as the economy of a country where by the government has a minimal influence or intervention on how the market operates.
A market economy is regulated by the individuals that owns the businesses in that economy. These individuals have the ability to direct resources that they need from production to their firms and businesses.
A market economy is largely or greatly influenced and regulated by the rate of supply and demand. Consumers in a market economy have to sometimes paid a high price for the goods and services that they require. Consumers make financial decisions in a market economy by making their choices based on self interests.
A market economy is a very competitive economy because
a. the demand of goods and services by consumers have increased therefore this results in an increase in production of goods and services.
b. The producers tend to high innovative when producing this goods and services required by the consumers.
In a market economy, businesses and firms tend to have an increased of a very high rate of efficiency when producing goods and services such that they minimise or lower the cost of production while ensuring that they make high or huge amounts of profits.
Answer:
The total liabilities for the next year amount to 37163 $.
Explanation:
To calculate the liability we will use the simple equation given below.
Asset-equity=liability
Assets-RE=Liability
Current year Change* Next Year
Assets 180,506.00 29,506.00 151,000.00
Common Stock (11,365.00) 0 (11,365.00)
Retain Earning (92,472.00) (10,000.00) (102,472.00)
Liability- BaL figure 76,669.00 37,163.00
*Retain earning= Net profit- dividend
Hence balancing figure that is 37,163 dollars is liabilty for next year,
Answer:
UMMM ID.KK.KK I think B????
Explanation:
Answer:
high-context culture
Explanation:
A high-context culture is a form of communicating with people in which the language and its rules play a very blurred role. The communication is primarily executed through the use of contextual elements like the language of the body, the tone used. Only the required information is set out for communication and the verbal expressions are kept aside. The members focus primarily on interpersonal relationships.
