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
Bezzdna [24]
3 years ago
10

Select the correct answer.

Business
1 answer:
Cerrena [4.2K]3 years ago
4 0

Answer:

A.

They ensure that people and businesses can buy what they need.

Explanation:

Borrowing involves requesting and receiving a huge sum of money in a lump sum. Households and firms borrow from lenders to finance business expansion or domestic consumption.

In the economy, borrowing is significant as it facilitates the acquisition of start-up capital, capital goods, and household developments. Without borrowing and lending, these investments and consumption would not be possible as they require large sums of money to initialize. If firms and households depended on savings for capital and consumption expenditure, the rate of economic growth would be very slow. It would take many years to achieve the substantial amount needed for expansion and development projects.

You might be interested in
Suppose group price discrimination is possible but a firm chooses not to and sets the same price in each market. As a result Sel
lana [24]

Answer:

C) marginal revenue in the price-elastic market exceeds marginal revenue in the price-inelastic market

Explanation:

Marginal revenue will increase as the price elasticity of demand increases. When marginal revenue is positive, the demand is elastic, when marginal revenue is negative, the demand is inelastic.

Therefore if the company sets the same price for different markets, the marginal revenue will be higher where the price elasticity of demand is higher (more elastic). But it will be lower where the price elasticity of demand is lower (more inelastic).

7 0
2 years ago
The company can manufacture either two food processors per machine hour or three espresso machines per machine hour. The​ compan
tekilochka [14]

Answer:

The contribution margin per machine hour is $150.

Explanation:

Note: The missing part of the question is

                  Food Processor Espresso Machines

Sales price           $125                 $225  

Variable costs      $50                  $150

Solution

Contribution Margin per Machine = Sales Price - Variable Cost

=$125 - $50

=$75

Contribution Margin =   Contribution per Machine ×  Number of Machines Produced in 1 Machine Hour

=  $75 * 2

= $150

​Thus, the contribution margin per machine hour for food​ processors is $150.

5 0
3 years ago
Suppose that a monopoly firm finds that its MR is $56 for the first unit sold each day, $55 for the second unit sold each day, $
zysi [14]

Answer:

Explanation:

the file attached shows the solution to the three questions asked i hope it helps. thank you

Download docx
6 0
3 years ago
Why do starbucks customer at busy downtown locations in major cities pay more for a cup of coffee than they would at less busy l
user100 [1]
Hey You! Here's The Answer:

They are willing to pay more for the convenience of the Starbucks' location.
7 0
2 years ago
Write an e-mail to a client describing situations in which the partnership entity form might be more advantageous (or disadvanta
murzikaleks [220]

<u>Explanation:</u>

Structure and Formation of Corporation and Partnership:

  • Corporation is a independent legal entity whereas partnership in which two or more partners share ownership.
  • The formation of partnership entity requires fulfillment of lesser formalities than corporation.

Powers:

  • A partnership entity can do anything which the partners agree to do and there is no limit to the activities.
  • The powers of the shareholders are limited unlike the partnership entity.

Management:

  • Every member of a partnership entity may take part in the management.
  • Shareholders are not involved but managers run the company.
5 0
2 years ago
Other questions:
  • If susan sharpe, vice president of marketing, is at the stage in her market research where she is gathering information about th
    13·1 answer
  • _____ are examples of selling raw materials.
    6·2 answers
  • Suppose the direct quote for sterling in New York is 1.3110-5. Then the direct quote for dollars in London is:________.
    5·1 answer
  • In the liquidation of a partnership, any gain or loss on the realization of non-cash assets should be allocated:_____.
    8·1 answer
  • Errol works for Food Packing Company. Errol’s supervisor Gwen writes a negative review of Errol’s performance. Gwen believes the
    6·1 answer
  • Which of the following affects the wage a firm is willing to pay its workers?
    7·1 answer
  • C
    13·2 answers
  • Allocating resources including people, equipment and money to carry out the company’s plans is the _________function of manageme
    5·1 answer
  • Jake owns The Corner Market which he is trying to sell so that he can retire and travel. The Corner Market owns the building in
    14·1 answer
  • Assume that Seiden Company gains control of Rimco, its subsidiary, with the purchase of a 40% interest paid in cash. The Equity
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!