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Alex73 [517]
2 years ago
13

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

Business
2 answers:
gayaneshka [121]2 years ago
8 0

Answer: what the local community has made for generations

notsponge [240]2 years ago
5 0

Answer:

A what businesses believe will generate the most profits.

Explanation:

In a market economy, the private sector controls the majority of the factors of production. The government or central authority does not interfere with economic activities in this type of economy. The private sector decides on the production and distribution of goods and services.

The private sector participates in economic activities to make profits. Demand and supply forces determine the type and quantities of goods to be produced. Traders will avail to the markets the goods and services that consumers are willing to buy.

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In September 2008, the stock market fell sharply and continued to perform poorly due to the financial crisis. How did this chang
GenaCL600 [577]

Answer:

Many people's wealth is held in stocks and as the price of stocks collapsed, they lost wealth.

Imagine that this happened to you. One day you are rich and that affects your spending habits. In a matter of few days or weeks, you lose a large portion of your wealth. So now, you are less rich or even poor. So your spending habits will be altered, i.e. you will spend less.

If you consider the economy as a whole, aggregate demand will fall, resulting in a decrease of aggregate supply, and an overall decrease of the GDP.

6 0
3 years ago
What is the maximum cash dividend Jones can pay on December 31, year 2?
gladu [14]

Answer 5,000 is the maximum dividend that can be paid to shareholders.

Explanation:

3 0
3 years ago
For an output level below qe, the value of a unit to a buyer is the cost of a unit to a seller. suppose a firm that produces for
Aloiza [94]

Answer:

an externality, market failure

Explanation:

The company in this case has a par production because the cost to the seller is the same as the benefit to the buyer. Now the company is dumping chemicals that are affecting people in the community that do not patronise them. The chemicals cause poisoning of wildlife and harms health of nearby residents.

This characterised an externality that is the dumping of chemicals affecting the residents in the community.

It is also a market failure because while the company is not making profit they are also harming the society where they operate.

8 0
3 years ago
A bank is being told that their loan portfolio is too risky. Which is the best action the bank can take to correct this situatio
balandron [24]

Answer:you would make an agreement on what the best thing to do is, which would go for a middle price, and get more money, and then go for thr other half, and if it is too risky then you could do an agreement where you would work the money off by working for them to earn more money, and then you can do the loan

Explanation:

3 0
3 years ago
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If the container store owners/managers were to walk around and personally thank each employee for doing a good job, then this wo
Lelechka [254]
I<span>f the container store owners/managers were to walk around and personally thank each employee for doing a good job, then this would be a motivating factor. This action exhibits a good environment as well for employees to foster as they're performances are acknowledged by their employers. if this goes on, this will inspire many employees to alleviate their status.</span>
8 0
3 years ago
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