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kirza4 [7]
2 years ago
11

TRUE OR FALSE ? WHY ? Plesae help me

Business
1 answer:
Goryan [66]2 years ago
8 0

Answer:

1. True

2. False

3. True

4. True

Explanation:

1. in accounting the stock is treated as inventories  

2. because the GNP considers the output of a country's citizens regardless of where that economic activity occurred. GNP expresses the total value of all goods (products and services) produced by the residents of a particular country, regardless of national borders, thus including their foreign assets. while GDP considers the activity within a national economy regardless of the residency of the producers.

3. Financing for central banks is completely different to that of commercial banks and private corporations because their commitments – banknotes and commercial banks’ overnight deposits held at central banks are the only authorized forms of payment in their jurisdiction. Central banks have a monopoly on creating money,

4.  inflation is a monetary phenomenon means to control the supply of money

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A monopolistically competitive firm chooses
makvit [3.9K]

Answer:

D. both the quantity of output to produce and the price at which it will sell its output.

Explanation:

A monpolistically competitive firm chooses the price and the quantity to produce. This decision is guided by market conditions and the goal to maximise profit.

A monopolistic competitive firm has a downward sloping demand curve just like a monopoly, so the monpolistically competitive firm chooses the quantity that maximises its profit and then chooses price.

A downward sloping demand curve indicates that quantity demanded is sensitive to price. The higher the price, the lower the quantity demanded.

A monpolistically competitive firm is a firm that has features of both a monopoly and a competitive firm.

The ability of a monpolistically competitive firm to set prices makes it a price maker.

Just like a monopoly, a monopolistically competitive firm has the following features:

1. It faces of downward sloping demand curve.

2. It sets the price for its products.

Just like a perfect competition, a monopolistically competitive firm has the following features:

1. No barriers to entry or exit.

2. There are many buyers and sellers

Other features of a monpolistically competitive firm are:

1. Firms sell differentiated products

2. Firms engage in non price competition.

6 0
3 years ago
When developing baseline standards, it is vital to use industry best practices. Industry best practices standards enable one to
Trava [24]

Answer: True

Explanation: There is always that opportunity to perfect existing industry standards and several analysis would have already be done which saves you a great deal of financial stress and a possible loss.

7 0
3 years ago
What is the difference between classical economics and behavioral economics?
Nostrana [21]

3. Classical economics assumes people are rational and logical while behavioral economics adds psychology to the mix.

A major theory in classical economics is that human beings are rational and, given the necessary information they will make rational decisions and act rationally, however, Behavioral economics assumes that people are irrational players.

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3 years ago
_______ capital is the economic or productive potential of strong, trusting, and cooperative relationships. This type of capital
Reil [10]

Answer:

Social capital

Explanation:

Social capital is defined as the effective or efficient functioning of the social groups through using the relationship of interpersonal, shared understanding, reciprocity, shared norms, cooperation, shared values and shared norms.

So, the social capital is the productive potential of cooperative relationships, strong and trusts. And this kind of capital help the person land the job. Within the survey it is stated that the 74% had found quality applicants by referrals of employees.

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3 years ago
Which word best completes the sentences depicte? Private Finanical institutions encourage saving and investing by paying ____ on
Zina [86]
A. Liability i think so
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3 years ago
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