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Black_prince [1.1K]
4 years ago
5

Which best demonstrates the way consumers and producers influence each other in the free-market system?

Business
2 answers:
SpyIntel [72]4 years ago
8 0

The circular flow model is one example or the best model demonstration of explaining or show the model of producers and consumers in how they influence one another using the system of free market. This simplifies and shows the process of how consumers and producers affect one another.

Blizzard [7]4 years ago
5 0

A circular flow model.

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Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process
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Answer:

See attached file

Explanation:

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3 years ago
Someone with dollar bills to lend will never agree to make a loan with a nominal interest rate of less than zero because:
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Canada and the United States agree to remove all barriers to the trade of goods between them. However, the countries agree that
chubhunter [2.5K]

Answer:

free trade area

Explanation:

There are four main types of economic integration models between countries:

  1. Free trade area: countries involved remove all trade barriers between them but are free to set trade policies with other countries, e.g. former NAFTA, now USMCA.
  2. Customs union: trade barriers are eliminated between members and all participating members agree to a common trade policy with non-member countries.
  3. Common market: similar to customs union but includes free movement of labor and capital.
  4. Economic union: a customs union that advanced into a political union, e.g. EU.

3 0
4 years ago
julie states that she wants to be her own boss. if she starts a business, it will be a proprietorship rather than a partnership
ivolga24 [154]
Yes her  name is julie because that is what her  name is
6 0
3 years ago
Read 2 more answers
Equipment with a cost of $225,000 has an estimated salvage value of $15,000 and an estimated life of 4 years or 10,000 hours. It
elixir [45]

Answer:

The depreciation is $52,500

Explanation:

The formula to compute the depreciation under the straight-line method is shown below:

= \dfrac{(original\ cost - salvage\ value )}{Number\ of\ years}

= \dfrac{(\$225,000 - \$15,000)}{4\years}

= $52,500

Under the straight-line method, the depreciation expense should be the same for the remaining useful life. Life of the equipment or machine should always be expressed in years, not in hours.

So, these usage of hours should be ignored.

4 0
3 years ago
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