Answer: a. influencing the actions of buyers and sellers.
Explanation: Price is the amount a good or service is going for in the market. It direct an economic activity in a market economy by influencing the actions of buyers and sellers.
Price controls the market economy because the decisions of buyers and sellers are dependent on the prices of the available goods and services.
What are the decision? What to buy, where to buy, what qty to buy etc.
Answer:
The correct answer is D
Explanation:
Globalization is the term which is defined as the transforming the ways or methods in which nations interact or relate to.
The globalization of the production, which is defined as the sourcing of the services and the goods from the locations around the globe or world in order to take the benefit of national differences in the quality as well as the cost of factors of the production like capital, land and labor.
Answer:
both of the above is the answer
Answer:
The correct answer is letter "B": Only two points are used to develop the cost function.
Explanation:
In cost accounting, the High-Low Method is used to separate fixed and variable costs using the minimal quantity of information possible. Implementing this approach means taking the highest level of production and the lowest level of production and compare the costs at each point. The Least Squares Method, instead, is a set of complex mathematical calculations considering a wider number of dependent variables.
Answer:I would say the answer is C.
Explanation: