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ziro4ka [17]
3 years ago
8

Which of the following terms best describes an economy in which producers of goods and services react to consumer choices

Business
2 answers:
Snowcat [4.5K]3 years ago
7 0
Is it from e2020 its <span>d. Scarcity of resources can be eliminated using sound economic policies.</span>
Aleksandr [31]3 years ago
5 0

Answer:

What term describes the economy of a country which produces a wide variety of goods and services?

Explanation:

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in team-based environments, the principal may have difficulty determining individual contributions by members. this can create a
just olya [345]

In team-based environments, the principal may have difficulty determining individual contributions by members. This can create a situation in which an opportunistic employee does little work but takes credit and this is known as adverse selection.

<h3>What is Adverse selection?</h3>
  • In general, the term "adverse selection" refers to a situation in which sellers have knowledge about a certain feature of product quality but purchasers do not, or vice versa. In other words, it is an instance of the use of asymmetric information.
  • When one side to a transaction has more in-depth knowledge of the relevant facts than the other, this is known as asymmetric information, also known as information failure.
  • Usually, the vendor is the one who has more knowledge. When both parties are knowledgeable, it is said that there is symmetric information.

To learn more about business site, refer:

brainly.com/question/28085653

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7 0
1 year ago
Jefferson's recently paid an annual dividend of $1.31 per share. The dividend is expected to decrease by 4% each year. How much
Vlad [161]

Answer:

$6.29

Explanation:

Dividend is $1.31 per share

Decreased by 4%

Required return is 16%

Therefore:

Price = [$1.31 × (1 - .04)]/[.16 - (-.04)] = $6.29

8 0
3 years ago
Read 2 more answers
Potential gdp refers to 1) the difference between the highest level of real gdp per quarter and the lowest level of real gdp per
Sholpan [36]
4.

Potential GDP is the maximum output when there is full employment of resources or the factors of production.
5 0
3 years ago
Justin Cement Company has had the following pattern of earnings per share over the last five years: Year Earnings Per Share 20X1
ElenaW [278]

Answer:

(a) $4.08

(b) $51.03

Explanation:

Constant growth rate for earnings:

= (EPS for any year ÷ EPS for the previous year) - 1

= (8.40 ÷ 8.00) - 1

= 0.05

= 5%

(a) EPS for 2016 = EPS for 2015 × (1 + 5%)

                          = 9.72 × 1.05

                          = $10.21          

Dividend for 2016 = 40% × EPS for 2016

                               = 40% × 10.206

                               = $4.08

(b) Stock Price at the beginning of 2016:

= Dividend for 2016 ÷ (Required rate of return - Constant growth rate)

= 4.0824 ÷ (0.13 - 0.05)

= $51.03

8 0
3 years ago
True or False: Reducing trade restrictions, thereby increasing access to more economical foreign goods, would increase the prosp
Zolol [24]
The answer is true. because if the government allow trades to take place people would be able to exchange goods from countries to countries.
6 0
3 years ago
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