1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
STatiana [176]
3 years ago
10

why do private sector firms seeking profit will allocate scarce resources to the production of goods and services and will it be

able to make good quality products for consumers?
Business
1 answer:
SashulF [63]3 years ago
8 0

Answer:

Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.

Explanation:

Hope this helped.. ;)

You might be interested in
you just saw a video advertisement that shows an interview with a celebrity who says her life changed for the better when she st
julia-pushkina [17]

Urgency has the advertising company used to persuade you to buy the face cream

What is the Urgency technique?

In order to convince their audience and potential consumers to buy your product or obtain it at the best price, professionals in the field of sales utilize the tactic of urgency. Making clients feel pressured into making a purchase immediately rather than later can assist.

The audience's fear of missing out on something worthwhile, or FOMO, is frequently the target of urgent advertising. Typically, two factors must be combined in order to successfully appeal to this fear of missing out. The adverts often start out by explaining why the product is appealing. Second, they restrict the number of products offered, provide a sale price for a brief period of time, or combine these two standards.

What are the advantages of increasing sales urgency?

Your organization can profit in a number of ways from instilling a sense of urgency in sales. The following are a few of the most typical advantages of building urgency in sales:

assisting clients in taking quick decisions

Increasing sales and the perceived worth of your goods

Increasing consumer interest in your products

providing quick feedback on the effectiveness of sales strategies

simplifying the purchasing process for your clients

lowering the likelihood that buyers will make different choices

Know more about Customer interest,

brainly.com/question/3053467

#SPJ4

7 0
1 year ago
Bild-Rite, Inc., is a Colorado-based firm that does business with clients throughout North America. Bild-Rite oversees construct
Rzqust [24]

Answer:

COMMERCIAL TRANSACTIONS for the sale of and payment for goods.        

Explanation:

In simple words, The Uniform Commercial Code (UCC), originally released in 1952, is among a series of Uniform Laws developed as legislation with the aim of harmonising selling as well as other business activity rules throughout the United States by some of the implementation of UCC by all of the 50 states , the District of Columbia, as well as the American Territories.                        

3 0
3 years ago
Say's law says that
Nutka1998 [239]

Answer:

The answer is : People consume the goods  they produce

Explanation:

Say's law could also be refereed to as  Say's law of markets in Classical economics states that supply itself creates its own demand which is equivalent to people consuming what they produce.

3 0
3 years ago
Gaw Company owns 15% of the common stock of Trace Corporation and used the fair-value method to account for this investment. Tra
Marizza181 [45]

Answer:

It is $9,000 (B)

Explanation:

Total paid dividends paid = $60,000

Return on Investment = $60,000 *15%

                                    =$9,000.

Gaw Company investment in Trace Corporation will be treated as Investment Assets. In its book ,it can only recognize its share of dividend paid as return on investment.

Gaw Company cannot recognize its share of entire net income of Trace because it doesn't have controlling interest (i.e subsidiary) in the company neither does it have significant influence (i.e associate).

3 0
3 years ago
Swenson’s Ice Cream is doing business in Somalia. After three successful years of operating three ice cream parlors in the count
Lena [83]

Answer: Option B

       

Explanation: In simple words, exporation refers to a process under which the state or  any other such authority take over any property from its owner. This could occur for any kind of social reasons.

In the given case, the ice cream parlors were the property of swenson's ice cream but the state took over it and starts operating it on their own.

Hence from the above we can conclude that the correct option is B.

7 0
3 years ago
Other questions:
  • An FI has a $100 million portfolio of six-year Eurodollar bonds that have an 8 percent coupon. The bonds are trading at par and
    5·1 answer
  • A blue-collar worker is someone in a professional or clerical job who usually earns a salary.
    12·1 answer
  • What color is red in the spectrum?
    15·1 answer
  • Nottebart Corporation has outstanding 10,000 shares of $100 par value, 6% preferred stock and 60,000 shares of $10 par value com
    10·1 answer
  • What is the first sentance of an introduction called​
    11·1 answer
  • Problem 3.10 Net Present Value. Assume that your firm wants to choose between two project options: Project A: $500,000 invested
    5·1 answer
  • The future of cities in the United States and in other countries will be determined by their ability to benefit from the _______
    10·1 answer
  • On Saturday morning, you rank your choices for activities, from most preferred to least preferred, in the following order: go to
    7·1 answer
  • Amy and Soma discover a stream that flows wine. Amy and Soma decide to bottle the wine and sell it. The marginal cost and the fi
    13·1 answer
  • Which fiscal policy would most likely result in the largest budget deficit
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!