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2 years ago

Explain how the basic economic problems are solved under capitalism?

Business

1 answer:

Brums [2.3K]2 years ago

7 0

Answer:

Under capitalistic economy, allocation of various resources takes place with the help of market mechanism. Price of various goods and services including the price of factors of production are determined with help of the forces of demand and supply. Free price mechanism helps producers to decide what to produce.

The goods which are more in demand and on which consumers can afford to spend more, are produced in larger quantity than those goods or services which have lower demand. The price of various factors of production including technology helps to decide production techniques or methods of production. Rational producer intends to use those factors or techniques which has relatively lower price in the market.

Factor earnings received by the employers of factors of production decides spending capacity of the people. This helps producers to identify the consumers for whom goods could be produced in larger or smaller quantities. Price mechanism works well only if competition exists and natural flow of demand and supply of goods is not disturbed artificially.

Explanation:

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Harley-Davidson motorcycle owners, who pay a price premium for their motorbikes, have formed the Harley Owners Group (HOGs), who

Elan Coil [88]

Answer:

A) Functional and social value

Explanation:

Seeing the benefit that customers attribute to products is a marketing strategy to optimize sales and establish a brand that customers identify with. In this case, motorcyclists experience functional benefit and social benefit.

The functional benefit concerns the essential characteristics of the product, such as physical characteristics that please the consumer (eg the motorcycle scooter design). The social benefit is associated with the pleasure that the customer gets when purchasing the product. This is an individual benefit for each consumer, however, is an extrinsic advantage attributed to the product. For example, the status that the motorcycle brings to its owner.

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2 years ago

An American executive is going on a business trip to Japan and England. Before she departs, she purchases $10,000 worth of Japan

Sedbober [7]

Answer:

The correct answer is $907.76.

Explanation:

According to the scenario, computation of the given data are as follow:-

1¥ = 82.54$

1£ = 132.03¥

Convert pounds to us dollars= £ ÷ $ = £132.03 ÷ $82.54

= 1.60$ ÷ £

Mean, 1£ = 1.6$

She has £567.35 .

After converting the pound into the dollar, she will receive = £567.35 × $1.60

= $907.76

Hence, she receive $907.76 if she sells the pounds.

3 0

3 years ago

Danner Company expects to have a cash balance of $58,050 on January 1, 2017. Relevant monthly budget data for the first 2 months

Alina [70]

Answer:

January February

Beginning Cash Balance 58,050 35,475

Add: Receipts

Collections from Customers 109,650 193,500

Sale of Marketable Securities 15,480 0

Total Receipts 125,130 193,500

Total Available Cash 183,180 228,975

Less: Disbursements

Direct Materials 64,500 96,750

Direct Labour 38,700 58,050

Manufacturing Overhead 25,155 30,315

Selling and Administrative 19,350 25,800

Total Disbursements 147,705 210,915

Cash Balance 35,475 18,060

Financing

Add: Borrowings 0 7,740

Less: Repayments 0 0

Ending Cash Balance 35,475 25,800

The company wants to maintain a minimum monthly cash balance of $25,800 so in February they will have to borrow;

= 25,800 - 18,060

= $7,740

8 0

3 years ago

A sales tax is sent to the government by

Oksanka [162]

Answer:A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale, collected by the retailer, and passed on to the government. A business is liable for sales taxes in a given jurisdiction if it has a nexus there, which can be a brick-and-mortar location, an employee, an affiliate, or some other presence, depending on the laws in that

Explanation:

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3 years ago

Yan wants to attract customers specifically searching on Google for Time-B-Gone, his company's unique office-support product. Hi

shusha [124]

Answer:

The options are the following:

A. Landing pages from standard ad groups .

B. Page feeds .

C. URL filtering .

D. Categories from dynamic search engines .

The correct answer is A. Landing pages from standard ad groups ..

Explanation:

AdWords dynamic ad campaigns make use of the technology used by Google to index each website on the network and understand what is the content of it. These campaigns do not work with keywords, but with the content of the web page, therefore it is very important that you have a good structure of it since to a large extent, the success of the DSA campaign will depend on it.

In this way, you can indicate in AdWords what parts of your site you want to use in your DSA campaigns so that, when a user does a search related to the content of those pages, you can attend to it with an ad where the title of the It is generated dynamically based on the search made by the user and the content of the site, leaving it up to you to define the text of the descriptive line, so you should try to make it as attractive as possible.

5 0

2 years ago

Explain how the basic economic problems are solved under capitalism?​

Explain how the basic economic problems are solved under capitalism?