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
GaryK [48]
3 years ago
14

Describe how a free market works

Business
1 answer:
iren2701 [21]3 years ago
5 0
Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services.
You might be interested in
You just got back from a convention where you saw some new software that you think the information technology director could use
Vilka [71]

Answer:

Video call or teleconferencing

Explanation:

This is communication between two parties in different places. They get to see eachother and he gets to fully immerse his boss in the news he wants to provide

5 0
3 years ago
Imagine that you borrow $5,000 for one year and at the end of the year you repay the $5,000 plus $600 of interest. If the inflat
SpyIntel [72]

Answer:

8%

Explanation:

Amount borrowed. $5000

Time = one year

Interest paid =$600

Inflation rate =4%

The inflation rate is equivalents to

4/100 x 5000 x 1 year

= 0.04 x 5000

=$200

If nominal interest(interest before inflation) is 600. real interest (interest after adjusting for inflation will be nominal - inflation

=$600 - $200= $400

real interest ratepaid is $400/$5000 x 100

=0.08 x 100

=8%

4 0
4 years ago
A project communications matrix includes all of the following information EXCEPT
Blababa [14]

Answer:

d. Times New Romab

Explanation:

A project communication matrix is a tool used to assess communication and improve efficiency of communication.

Components of a communication matrix includes:

a. Communication methods

b.Communication timing

c. Communication cost

d. The sender and receiver

e. Follow through

F. Maintenance

I hope my answer helps you

3 0
3 years ago
The Fed is the lender of last​ resort, which means​ _______. A. if the Fed cannot meet its​ obligations, it can borrow from othe
Elena-2011 [213]

Answer:

The correct answer is letter "C": if depository institutions are short of​ reserves, they can borrow from the Fed.

Explanation:

The Federal Reserve (Fed) is the central bank of the United States and is in charge of reviewing and passing monetary policies, regulations on banks and supervising their activities. The Fed serves as a lender of last resort in cases when banks cannot meet their minimum financial obligations and there is risk the collapse of those financial institutions will affect the overall economy.

Therefore, <em>if a depository entity is short of reserves, other banks must be the first resource of aid but if the institution cannot get the funds from other banks, the Fed acts as the last resource the depository entity could rely on.</em>

7 0
3 years ago
During the current year, Awning Company reported investment revenue of $4,000 from long-term investments reported using the equi
ANTONII [103]

Answer:

cash dividends: 3,000

Explanation:

We can solve for cash dividends based on how the equity method works:

Beginning investing

+ proportional net income

<u>-  cash dividends received  </u>

Ending investing

beginning + inomce - dividends = ending

  10,000   + 4,000  - cash dividends = 11,000

cash dividends= 14,000 - 11,000

cash dividends = 3,000

when received, the journal entry for the dividends was as follow:

cash       3,000 debit

    investing                   3,000 credit

to record cash received from investment

7 0
3 years ago
Other questions:
  • Omar works diligently to accomplish the company goals in an efficient and effective manner, utilizing his employees through plan
    7·1 answer
  • Last week, linda's commission check was $84. if she earns a 12.5% commission on sales, what were her total sales?
    6·2 answers
  • During its most recent fiscal year, Dover, Inc. had total sales of $3,160,000. Contribution margin amounted to $1,480,000 and pr
    10·1 answer
  • Xavier produces and sells tomatoes in a purely competitive market. This implies that Xavier's marginal revenue from an extra uni
    14·1 answer
  • Consider the following three stocks: Stock A is expected to provide a dividend of $10 a share forever. Stock B is expected to pa
    9·1 answer
  • l economic systems (capitalist, communist, or any other) face similar economic problems. Which of the following questions would
    15·1 answer
  • Agent Daisy agrees to a 5% commission to list a home at $330,000. The property is sold through another cooperating brokerage wit
    11·1 answer
  • A new machine costs $200,000 and has a useful life of 5 years, with a salvage value of $30,000. It will cost $5,000 to dismantle
    6·1 answer
  • if the growth rate of the money supply is 8%, velocity is constant, and reald GDP grows at 2% per year on average, then the infl
    12·1 answer
  • Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. Durin
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!