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
e-lub [12.9K]
2 years ago
14

What is the relationship between institutions, such as private property rights, and productive resources in terms of encouraging

economic growth? Group of answer choices Private property rights mean that the government will produce no goods or services Private property rights allow resources to be used by those with the most political connections. Private property rights mean that everyone has the right to equal amounts of property. Private property rights encourage resources to be used in the most productive way.
Business
1 answer:
Natali [406]2 years ago
6 0

Answer:

The relationship between institutions, such as private property rights, and productive resources in terms of encouraging economic growth is:

Private property rights encourage resources to be used in the most productive way.

Explanation:

Private property rights define the rights that individual persons have to possess, control, exclude others, derive income, or dispose of property.  The main characteristics of private property rights are the rights of exclusivity, transferability, and enforceability.  These rights are conferred and enforced by the law.  They enable the property owner to exclude others from the costs and benefits that accrue to them from owning the property.  They also enable the owner to be in a position to transfer the property from herself to others.

You might be interested in
Kallie Smith, owner of Flower Hour, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charg
user100 [1]

Answer:

Use the high-low method to determine Flower Hour's cost equation for van operating costs.

  • total cost = $1,355 + ($0.25 x total miles)

Use your results to predict van operating costs at a volume of 15,000 miles.

  • total cost (15,000 miles) = $1,355 + ($0.25 x 15,000) = $5,105

Explanation:

Month                 Miles driven           Van Operating Costs

January                    15,800                        $5,460

February                  <u>17,300</u>                         <u>$5,680</u>

March                       14,600                        $4,940

April                         16,000                         $5,310

May                           17,100                        $5,830

June                         15,400                        $5,420

July                           <u>14,100</u>                        <u>$4,880</u>

high cost - low cost = $5,680 - $4,880 = $800

high cost - low cost = 17,300 - 14,100 = 3,200 miles

variable cost per mile = $800 / 3,200 miles = $0.25 per mile

total variable cost when driving 14,100 miles = 14,100 miles x $0.25 per mile = $3,525

total fixed cost = $4,880 - $3,525 = $1,355

total cost = $1,355 + ($0.25 x total miles)

total cost (15,000 miles) = $1,355 + ($0.25 x 15,000) = $5,105

5 0
2 years ago
The company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly. this is an example of a(n)?
labwork [276]

The company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly. This is an example of a deferral adjustment.

It is a deferral adjustment on account that a current asset had been used up, which means its miles deferred like supplies expenses are recorded on the year stop relying upon how much resources had been used in the course of the year.

Deferrals are adjusting entries for items bought earlier and used up in the destiny (deferred fees) or whilst coins are received in advance and earned inside the future (deferred sales).

The primary distinction between accrual and a deferral is that accrual is used to deliver forward an accounting transaction into the current period for recognition, whilst a deferral is used to put off such popularity until a later length.

Learn more about deferral adjustment here brainly.com/question/16967814

#SPJ4

5 0
1 year ago
A ________ is a person, household, or company that over time yields a revenue stream that exceeds by an acceptable amount the co
BaLLatris [955]

Answer:

"B"

Explanation:

A profitable customer is a person , household or company that over time yields a revenue stream that exceeds by an acceptable amount the company's cost stream of attracting , selling and servicing that customer.

They are necessary for the existence of a business into the foreseeable future as profit is key to the survival of all businesses

In identifying a profitable customer ,one needs to

  • define who is customers are
  • products bought by them
  • identify the most profitable products
  • Services employed by them
  • Related cost to managing and retaining them

4 0
3 years ago
A market penetration strategy attempts to increase sales of present products among ______.
S_A_V [24]

A market penetration strategy attempts to increase sales of present products among<u> existing customers.</u>

<h3>What is penetration price strategy?</h3>

Penetration pricing is known to be a method that do tries to scatter an already set up market by bringing in a new product or service that is said to be viewed at a lower price to be able to influence as well as entice new customers to by or subscribe to a product or service.

Note that this kind of strategy helps a firm to be able to get the attention of buyers in regards to a target space and a such, A market penetration strategy attempts to increase sales of present products among<u> existing customers.</u>

Learn more about market penetration strategy from

brainly.com/question/14313239

#SPJ1

8 0
1 year ago
In some industries, the labor productivity of union workers exceeds the labor productivity of nonunion workers. Which of the fol
luda_lava [24]

Answer:

Labor union enable workers to voice concerns about working conditions and safety issues, making them more confident and less intimidated by their employers and thus more productive.

Labor unions foster a more stable work force, decreasing turnover.

Unions are always more efficient than firms at discerning which workers are highly skilled and which are not.

Explanation:

Labor unions improve productivity by improving employee satisfaction, decreasing turnover and attracting trianed skilled labor

7 0
2 years ago
Other questions:
  • 3. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash?
    13·1 answer
  • An investment with more liquidity would be ideal for someone who
    15·2 answers
  • A company had inventory on November 1 of 5 units at a cost of $19 each. On November 2, they purchased 10 units at $21 each. On N
    14·1 answer
  • Currently, it is not clear which, if any, laws apply to the security of e-money payment information.
    6·1 answer
  • You are considering an investment in fields and struthers, Inc, and want to evaluate the firm's free cash flow From the income s
    10·1 answer
  • What is the input, conversion and output of opening a summer band camp
    14·1 answer
  • Umatilla Bank and Trust is considering giving Pronghorn Corp a loan. Before doing so, it decides that further discussions with P
    13·1 answer
  • Convenience samples are useful for pilot studies, for testing the reliability of measures to be used in a larger study, for deve
    13·1 answer
  • Which is not a type of payroll deduction?
    6·2 answers
  • Tammie was communicating to her employees the proper way to handle abuse in the workplace. one individual kept interjecting comm
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!