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Alecsey [184]
4 years ago
14

Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods a

nd services takes place in the _____.
Business
2 answers:
nikdorinn [45]4 years ago
7 0
The purchase and suppy of goods and services takes place in the product market.
Oksana_A [137]4 years ago
5 0

Answer:

The purchase and suppy of goods and services takes place in the product market.

Explanation:

You might be interested in
Answer the question on the basis of the following information. Assume that if the interest rate that businesses must pay to borr
kodGreya [7K]

Answer:

c. Investment spending by businesses varies inversely with the interest rate.

Explanation:

The relationship described in the question is known as inverse or negative relationship.

An inverse relationship occurs when two variables move in the opposite direction. That is, as variable A increase, variable B decreases. Conversely, as variable A decreases, variable B increases.  This different from a positive relationship which occurs when two variables move in the same direction. That is, as variable A increase, variable B too increases. Conversely, as variable A decreases, variable B also decreases.

From the question, a continuous increase in total investment by $10 billion as the interest rate falls successively by 4 percentage point is an example of an inverse or negative relationship. From this, it can also be inferred that total investment will continue to fall by $10 billion as the interest rate rises successfully by 4 percentage point.

Therefore, the verbal statement that "investment spending by businesses varies inversely with the interest rate" is an accurate description of the relationship between the investment and the interest rate.

All the best.

8 0
4 years ago
Why is there is a difference between the roles of a manager, a monitor and an entrepreneur? Support your answer with an example.
aleksandrvk [35]

An entrepreneur is the owner of the company while the monitor and manager are employees.

<h3>Who is an Entrepreneur?</h3>

This is the individual which owns the company and bears the risk and enjoys most of the reward derived from it.

The entrepreneur serves as an innovator, the manager helps to control the affairs of the company while the monitor oversees compliance.

  • Creating a supportive environment will there is an inclusive environment which will boost productivity.

  • Managing team dynamics​ involves understanding the roles and behavior of team members which ensures they are suited to the rule for increased productivity and less errors.

Read more about Entrepreneur here brainly.com/question/353543

6 0
3 years ago
Raymond Moss, vice president of Moss Auto Parts, gets an annual bonus of 15% of any income, before deducting bonus and income ta
zaharov [31]

Answer:

$22,500

Explanation:

Raymond Moss's bonus is computed as the excess of $100,000 of income before bonus and income taxes.

In other words, the income before bonus and income taxes of $250,000 minus $100,000 is the amount upon which the bonus is computed.

Bonus=excess of income before bonus and income taxes*rate of bonus

income before bonus and income taxes.=$250,000-$100,000

income before bonus and income taxes.=$150,000

bonus rate=15%

Bonus=$150,000*15%

Bonus=$22,500

5 0
3 years ago
Better Beverages purchased some fixed assets classified as five-year property for MACRS. The assets cost $108,000. The MACRS rat
lakkis [162]

Answer:

e. $89,337.60

Explanation:

Given that

The cost of the asset = $108,000

And, the MACRS rate is .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6

So the accumulated depreciation at the end of the year 4 is

= ($108,000) × (0.2 + 0.32 + 0.192 + 0.1152)

= $108,000 × 0.8272

= $89,337.60

By multiplying the cost of the asset with the MACRS rate upto fourth year we can get the accumulated depreciation

0 0
3 years ago
What does deficit mean?
galben [10]
The definition of deficit is, A sum of money that is small. Also, this can mean a loss of money. Another definition is, the number of loses in sports. Or, individual. Hope this helps
8 0
3 years ago
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