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Dimas [21]
3 years ago
9

With vivid example from Tanzania explain how commerce completes production process​

Business
1 answer:
muminat3 years ago
8 0

Answer:

Commerce is a fundamental part of the productive economic process, through which the goods and services that were produced in an economy are placed on the market. Thus, it is part of the third sector of the economy, capitalizing production and supplying the public with the goods and services it needs for its daily development.

Thus, for example, the Tanzanian economy is made up of 80% agricultural production, which makes up the primary sector of the economy. This country lacks a developed industrial structure, so its secondary sector is very short. Now, the agricultural products that are produced in the country are marketed both in the domestic market and through exports, with which the tertiary sector of the Tanzanian economy is based in turn on the nation's primary production.

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Which term describes judging an individual based on the group to which they belong?
Andre45 [30]

Answer:

D. Stereoptyping

Explanation:

8 0
3 years ago
Read 2 more answers
Suppose that there are small, but nontrivial, barriers to entry into
Fudgin [204]

Answer:

Firms make normal profits

Explanation:

Monopolistic competition is characterized by many firms selling similar but differentiated products. Each firm sets its price because they sell slightly different products. There are insignificant or no barriers to entry or exit in a monopolistic competition.

It is possible to make abnormal profits in monopolistic competition in the short run. Due to ease of entry and exit, a firm with abnormal profits will face competition from new entrants. In the long-run, no firm will dominate the market, which means all firms will be making normal profits.

3 0
3 years ago
Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $115,000. On December 12, 2020, Kevin purchas
salantis [7]

Answer:a)$195,500 b) $10,735 c)$6,900

Explanation

a)adjusted basis of Kevin’s Bluebird stock on December 31, 2020?

1,000 shares was bought for $115,000

Therefore it was bought at  $115 per share

Also

750 shares was bought at  $80,500 and therefore bought at 107.33 per share

So in total of 1750 shares, He  spent $195,500    ($115,000+ $80,500)

b.On December 12, 2020,he bought  shares at 107.33 per share  

500 shares would be  500 x $107.33=$53, 665    

Therefore,   Kevin’s recognized gain or loss from the’ sale of Bluebird stock on March 1, 2021 would be

$64,400- $53, 665 = $10,735

c.Assuming he cannot identify the shares sold, then we can say they are sold on a FIFO ( first in first out) basis. So we would consider the shares bought on October 3, 2020

so we have that

500 x $115=$57,500

$64,400 - $57,500 = $6,900

7 0
3 years ago
Some risks can be mitigated
OverLord2011 [107]

Answer:

True

Explanation:

If a natural disaster occurs, house insurance can prevent you from further financial loss, as some compensation would be given.

4 0
4 years ago
A firm practicing group price discrimination that has constant marginal cost will ________.
siniylev [52]

Answer:

C. maximize total profit by maximizing profit for each group separately

Explanation:

Price discrimination is when a seller sells the same quantity and quality of goods and services to different groups of consumers at different prices.

Price is usually set higher than marginal cost for a price discriminator.

I hope my answer helps you.

3 0
3 years ago
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