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Artist 52 [7]
3 years ago
10

Match each term with its description. Match Term Definition Economy A) Make or provide goods and services that consumers buy and

use. Free enterprise system B) People who buy and use goods and services. Producers C) A system in which individuals or businesses may buy, sell, and set prices with little government control. Consumers D) How people produce, distribute, and use goods and services. Supply E) The amount of goods and services available for sale.
Business
2 answers:
alina1380 [7]3 years ago
5 0

Answer:

A) Make or provide goods and services that consumers buy and use.- <u>Producers</u>.

B) People who buy and use goods and services.-  <u>Consumers</u>.

C) A system in which individuals or businesses may buy, sell, and set prices with little government control.- <u>Free enterprise system</u>.

D) How people produce, distribute, and use goods and services.- <u>Economy</u>.

E) The amount of goods and services available for sale.- <u>Supply.</u>

Explanation:

1. A producer is a term used for the ones producing the goods. They are the ones who make, provide, and supply goods and services to 'consumers' to buy or use as they please.

2. Consumers are the ones 'taking in' the provides goods and services from the producers. They are the receiving end of the service line, people who buy and use the producers' products.

3. Free enterprise system is a system where individuals can sell, buy, and even set prices on goods and services without the government setting a limit. This is a freedom of regulation where the individuals have the freedom to do anything with their services and goods.

4. An economy is a system of human labor where people who produce and those who receive the services and goods of these producers come together. This system is an exchange of services and labor, that of exchange and consumption between the producers and consumers.

5. Supply is the number of goods and services available for the consumers to avail. It is the number of goods and services available or made available in the market.

stellarik [79]3 years ago
3 0

Answer:

I CANT ANSWER IT FULLY BUT I KNOW WHEN I PUT B.D.A.C.E I GOT IT

Explanation:

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If you cause a car accident, which type of insurance will require you to pay the least out of pocket?
Bas_tet [7]
Liability because this way you're paying less monthly but at least it covers the damage to the other vehicle
7 0
4 years ago
RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells
Sonja [21]

Answer:

$75,000

Explanation:

The computation of the revised break-even point in dollars is shown below:

Break even point = (Fixed expenses) ÷ (Profit volume Ratio)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $10 - $4

= $6

And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

So, the Profit volume ratio = ($6) ÷ (10) × 100 = 60%

And, the fixed expenses is $30,000 + $15,000 = $45,000

Now put these values to the above formula  

So, the value would equal to  

= ($45,000) ÷ (60%)  

= $75,000

8 0
3 years ago
On 1/1/X1, Dolan Corp. pays $100,000 to retire its bonds early. At the time of the retirement, the bonds have a face value of $1
galben [10]

Answer:

2,000 loss on redemption

Explanation:

the company will recognzie considering the current value of the bonds, thus the carrying value:

as the face value is lower than carrying value there is a discoutn for the difference: 104,000 - 98,000 = 6,000

When we compare the cash outlay with the carrying value we sovle for the redemption result:

98,000 bonds are paid at 100,000 therefore 2,000 loss

bonds payable         104,000 debit

loss on redemption     2,000 debit

         discount on BP              6,000 credit

          cash                           100,000 credit

6 0
3 years ago
Most economists believe that a cut in tax rates ___________.
Stolb23 [73]

Answer:

The correct answer is (B)

Explanation:

Tax is applied to decrease the budget deficit, as it helps to improve the government's revenue. Overall, a cut in tax rates has many benefits on the general economy, such as an increase in demand, and a decrease in inflation. Most economists believe that a cut in tax rates will positively affect the aggregate demand due to a decrease in overall prices of goods and services.

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3 years ago
__________ values and norms are exhibited by employees based on their observations of what actually goes on in the organization.
abruzzese [7]

Based on their observations of what actually occurs in the organization, employees demonstrate the enacted values and norms.

Your values are the things you hold dear in terms of how you conduct your life and career. Value indicates the significance of an action or thing in ethics and social sciences. Values include things like money, allegiance, independence, fairness, equality, justice, brotherhood, and friendship. Values include things like money, allegiance, independence, fairness, equality, justice, brotherhood, and friendship. In the social sciences, norms are a key notion. Norms are most frequently described as socially imposed laws or expectations. Norms can be prescriptive (encouraging good behavior, such as "be honest") or proscriptive (forbidding bad behavior, such as "do not cheat").

Learn more about Norms here

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8 0
1 year ago
Read 2 more answers
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