Answer:
Balance the relationship between business and society.
Explanation:
Government regulates both society and business.
The government regulates businesses to ensure that the activities of businesses are in the best interest of the society. This is why they regulate monopolies, tax companies that create negative externalities and subsidise the activities of companies that provide positive externality.
Government also has to look out for businesses by ensuring that the amenities and facilities needed for smooth running of business activities are in place. This is why a government may regulate import activities through quotas or tariffs.
I hope my answer helps you.
Answer:
$32,000
Explanation:
Net advantage = Annual operating cost
Net advantage = [(Old machine - New machine)*10 life] - New machine cost + Old machine cost
Net advantage = [($320000 - $240000)*10] - $800000 + $32000
Net advantage = [($80000)*10 - $768,000
Net advantage = $800,000 - $768,000
Net advantage = $32,000
So, the net advantage of replacing the old machine is $32,000
Answer and Explanation:
The answer is attached below
Answer:
Sam can easily determine that the Panaview model has a lower price than the Zony model. ⇒ UNIT OF ACCOUNT
Sam saved $30 per week. ⇒ STORE OF VALUE
Sam pays $140 for the Blu-Ray player. ⇒ MEDIUM OF EXCHANGE
Explanation:
The four main functions of money are:
- it serves as a unit of account: it provides a common measure of the value of goods and services being exchanged.
- it serves as a store of value: money holds its value over time, so it serves as a store of value.
- it serves as a medium of exchange: you can use money to purchase goods and services
- it serves as a standard of deferred payment: money serves as a way of valuing a debt, so you can acquire goods now and pay for them later.
