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GaryK [48]
3 years ago
15

What is a commodity

Business
2 answers:
Misha Larkins [42]3 years ago
6 0
It’s a Noun. Meaning a raw material or primary agricultural product that can be bought & sold, such as copper or coffee.

• a useful or valuable thing, such as water or time
rjkz [21]3 years ago
5 0

Answer:

Something useful or valuable.

Explanation:

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Suppose a perfectly competitive market is suddenly transformed into a monopoly (all competing firms are consolidated into a sing
Digiron [165]

just you know what it must be that i think

Explanation:

suppose a perfectly competitive market is sufdenly what think so

5 0
3 years ago
The analysis phase of decision making includes___________. Qualitative analysis is based primarily on__________ and decision-mak
posledela

Answer:  Please refer to Explanation

Explanation:

The attached photo contains the complete question as well as some options.

1. Both qualitative and quantitative analysis.

The analysis phase includes both of these types of analysis to provide a complete view of a variable from both a numbers and an experience perspective.  

2. Judgement, experience, and intuition.

Qualitative Analysis is usually based on these 3 as numbers are not necessarily used.

3. Experience.

The more you are faced with analysing Qualitative data, the more the get used to it and better at it.

4. quantitative facts, data, and mathematical expressions.

Quantitative Analysis is done on mathematical instruments such as facts,data and expressions to provide a more mathematical driven approach to analysis.

5. Studying.

The more you study Quantitative Data and it's methods of analysis, the better you get at it because you begin to see patterns as well as use better analytic tools.

6 0
3 years ago
Read 2 more answers
Vaughn Manufacturing uses the periodic inventory system. For the current month, the beginning inventory consisted of 476 units t
MissTica

Answer:

See below

Explanation:

The computation of ending inventory is shown below;

But first we need to determine the average cost per unit.

Average cost per unit

= (476 units × $63 + 718 units × $66 + 365 units × $68) ÷ (476 units + 718 units + 365 units)

= ($29,988 + $47,388 + $24,820) ÷ (1,559 units)

= $102,196 ÷ 1,559

= $65.55

Now, the ending inventory unit

= 1,559 units - 1,195 units

= 364 units

Finally , the ending inventory

= $65.55 × 364 units

= $23,860

4 0
3 years ago
An organization of member brokers who agree to cooperate in the sale of properties listed by other brokers in exchange for a sha
Reika [66]

Answer:

Multiple listing service

Explanation:

Multiple listing service is services that incorporated by a broker to collect information about any property.

The purpose of this service is to provide the details to a broker about the property listing by the seller.

Different tools are used by the broker that shows the listing of the seller of a property to share the detail information about a property to find any potential buyer.

7 0
3 years ago
Question Help If you deposit​ $20,000 in a savings account at a bankLOADING...​, you might earn 3 percent interest per year. Som
alexgriva [62]

Answer:

The answer is: due to risk aversion

Explanation:

Imagine all the money you had were those $20,000. You can choose to deposit them on a bank an earn $600 a year or lend them to someone else and get $1,600 a year.

I believe very few people would assume the risk of lending the money directly to a third party. Maybe if you know that person (e.g. maybe your brother) and really trust him or her, you could do that, but generally speaking, this rarely happens.

Every bank has a percentage of the loans they give out that are never paid back. Besides the costs incurred in running a business, banks also have to consider bad credits which will make them lose money. One of the duties of the bank is to reduce that risk and the number of possible bad credits, but they will never be zero. Imagine now that you lend your $20,000 to a bad creditor, you might lose all your money.  

At the end it all depends on how much risk you are willing to take.  

5 0
4 years ago
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