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STALIN [3.7K]
3 years ago
7

In a market economy, decisions about which goods are produced are based

Business
1 answer:
STatiana [176]3 years ago
4 0

Answer:

B. what businesses believe will generate the most profits.

Explanation:

A market economy is one where the factors of production are owned by the private sector. Production and distribution of products and services are in the hands of private individuals and firms. The government's role is mostly regulation and the provision of public goods.

In the market economy, the private sector engages in business to make profits. They risk their resources in producing goods and services that can increase their wealth. Only the products that are likely to generate profits are produced.

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Megan's salary for three consecutive years, along with other values, are presented in the table below.Year
garik1379 [7]

Answer:

242.65

Explanation:

Data provided in the question:

year                                       2011          2012          2013

Salary                                 $65,000   $72,000    $76,000

Consumer Price Index          226           230            235

Real Interest Rate                 2.5%          2.7%           1.8%

Nominal interest rate for 2013 = 7.3%

Now,

Rate of inflation for 2013 = Nominal rate - Real rate

= 7.3% - 1.8%

= 5.5%

Therefore,

CPI in 2013 = Consumer Price Index in 2012 × (1 + inflation )

= 230 × ( 1 + 0.055 )

= 242.65

3 0
4 years ago
Explain the reasons why risk management might increase the value of a corporation?
vlada-n [284]

Explanation:

Risk management is to increase a firm ’s profitability;

(1) Raise all use of borrowing by them.

(2) Preserve their optimum budget for resources in accordance.

(3) Reduce potential distress-related expenses.

(4) Make use of their comparable liquidity advantages compared to the individual's liquidity capacity.

7 0
3 years ago
Explain the importance of excellent customer service.
IRISSAK [1]
Excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease
7 0
3 years ago
Realists argue that the ____ is the key unit of analysis in international relations, where as neorealists argue that the _______
4vir4ik [10]

Answer:

The correct answer to the following question is - fill in the blank 1) State and the fill in the blank 2) International system.

Explanation:

Realism is an approach where the study and practice of international politics is given more preference and more emphasis has been given on role of nation states , as they are motivated by national interest.

Neo realists or neo realism can be defined as a theory of international relations , according to which power is the most important aspect in international relation.

5 0
3 years ago
For much of the twentieth century, east asia was dominated economically and politically by:________
Nostrana [21]

For much of the twentieth century, east Asia was dominated economically and politically by Japan.

<h3>How to illustrate the information?</h3>

It should be noted that East Asia was developed based on the successful market economy and private investment.

In the 20the century, there were domestic instability as well as revolution.

Therefore, For much of the twentieth century, east asia was dominated economically and politically by Japan. This is quite different nowadays as China is a leading power.

Learn more about Asia on:

brainly.com/question/1370427

#SPJ4

6 0
2 years ago
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