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Reptile [31]
3 years ago
5

What is a commodity?

Business
2 answers:
andrezito [222]3 years ago
6 0

Answer:

a raw material or primary agricultural product that can be bought and sold, such as copper or coffee. Or It Can Be a useful or valuable thing, such as water or time.

Explanation:

Musya8 [376]3 years ago
5 0

Answer:

A commodity is an economic good that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced

I Hope this Helps<3

Explanation:

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A company received a bill for newspaper advertising services received, $400. The bill will be paid in 10 days. How would the tra
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A financial statement analysis report helps to reduce uncertainty in business decisions through a rigorous and sound evaluation.
Vladimir79 [104]

Answer:

True

Explanation:

A financial statement analysis report helps to reduce uncertainty in business decisions through a rigorous and sound evaluation.

5 0
3 years ago
Skidmore Music Company had the following transactions in March:
finlep [7]

Answer: Check attachment

Explanation:

A cash basis income statement is simply referred to as an income statement which contains revenues and expenditures for the company whereby cash has either being received or paid by the company.

For accrual basis income statement, revenue and expenditures are recorded when they're either earned or made.

Check the attachment for more analysis.

5 0
3 years ago
Why does the quantity of public college education determined in a free market (without government intervention) represent a mark
Elan Coil [88]

<u>Because the </u><u>equilibrium quality </u><u>chosen by the market would be lower than the level that most people would consider desirable, the quantity of public college education determined in a free market (without government intervention) is a</u><u> market failure.</u>

How does government intervention lead to a collapse of the market?

  • Lack of information, market regulation, public goods, and externalities can all contribute to market failure.
  • Government intervention, such as new laws, taxes, tariffs, subsidies, and trade restrictions, can be used to fix market failures.

How does the market for education fail?

  • Due to systematic undervaluation of the roles of motivation and engagement by educational policy, there is a significant market failure in the context of education.
  • Lack of metrics for those qualities and ignorance of their potential usefulness serve as examples of this undervaluation.

Learn more about market failures

brainly.com/question/13123538

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5 0
1 year ago
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