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2 years ago

7. Which situation indicates a mixed economy?

Business

1 answer:

STatiana [176]2 years ago

5 0

Answer:

C Services are provided by both private and public sectors.

Explanation:

In a mixed economy, the private sector has the freedom to participate in economic activities, although the government has a role to play. A mixed economy allows the private sector to own the factors of production hence are free to decide what business they wish to run. Consumers have the liberty to select their suppliers. There is competition in the market place as profits motivate entrepreneurs.

The government is involved in the provision of public goods such as roads, hospitals, and schools. It provides regulatory services to the private sector to ensure fairness in the economy.

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________ involves defining the firm's marketing mix variables so that target customers have a clear, distinctive, desirable unde

ivann1987 [24]

Answer: Positioning

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3 years ago

Selected data from the Florida Fruit Company are presented below: Total assets $1,500,000 Average total assets 1,850,000 Net inc

Mkey [24]

Answer:

13.5%

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3 years ago

Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that

geniusboy [140]

Answer:

Explanation:

Beginning WIP inventory 74000

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Less: Ending inventory 34000

Units completed and transferred 430000

1 Equivalent Units

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Beginning WIP inventory 74000 74000 74000

Started & completed 356000 356000 356000

Ending inventory 34000 23800 10200

Units accounted for 464000 453800 440200

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Current costs 755960 513830 242130

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Divided by Equivalent units 453800 440200

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Materials Conversion

Cost per Equivalent unit 1.35 0.65

Cost Assignment:

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Material 32130

Conversion 6630

Total Ending Work in process 38760

Cost of units completed and transferred

Material 580500

Conversion 279500

Total 860000

Cost to be accounted for:

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Current costs 755960

Total costs to be accounted for 898760

Cost accounted for as follws:

Cost of units completed and transferred 860000

Cost of ending work in process 38760

Total costs accounted for 898760

6 0

3 years ago