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
Kobotan [32]
3 years ago
13

Unit 1 Quiz Submit 6 A market economy has several benefits, but it also has some drawbacks. What is one negative effect a market

economy can produce? OA. It creates extreme divisions between the wealthy and the poor. OB. It lets many workers choose where they want to be employed. OC. Goods and services are only produced for uses planned by the government D. The lack of competition means that consumers have fewer choices Reset Next​
Business
1 answer:
Lesechka [4]3 years ago
6 0

Answer:

A. It creates extreme divisions between the wealthy and the poor

Explanation:

The market economy is profits driven. The prices of goods and services, including essential goods, are set to generate profits for the producer. Only people with resources are able to acquire these goods.  

The market economy creates social inequities as those with fewer resources will always afford little. Meanwhile, owners of the factors of production continue making profits and growing more wealthy. Economies with a market economy will have people at both extreme ends of wealth; those with a lot and those who barely have any

You might be interested in
Pepper Company is using the annual rate of return to evaluate a potential investment. The original investment required is $120,0
Naily [24]

Answer:

B : $70,000

Explanation:

The formula and the computation of the  annual rate of return is shown below:

= Annual net income ÷ average investment

where,  

Annual net income is XXXXX

And, the average investment would be

= (Original investment required + salvage value) ÷ 2

= (120,000 + $20,000) ÷ 2

= $140,000 ÷ 2

= $70,000

By placing these values we can easily compute the annual rate of return

3 0
3 years ago
Businesses typically enter into areas where there is competition. a. True b. False
KengaRu [80]
True is correct...............
8 0
3 years ago
Read 2 more answers
According to the preprinted language what type of deed is to be used at closing to convey the title to the real property that is
GenaCL600 [577]
The type of deed that is used is called GENERAL WARRANTY.
General warranty is used to transfer property title to a buyer; it contains full warranty of title whereby the seller assures the buyer that the property is free and clear of any other claim.
3 0
3 years ago
The B2C salesperson's goal in the approach step is to be_____ and ________.
Nataliya [291]

Answer:

Friendly knowledgeable

Explanation:

6 0
2 years ago
On January 1, 2021, the Mason Manufacturing Company began construction of a building to be used as its office headquarters. The
Setler [38]

Answer:

1. In 2021, Capitalized interest = $205,000

2. In 2022, Capitalized interest = $3,870,000

3. Total cost = $5,231,980

Explanation:

See the attached file for the  calculation

3 0
3 years ago
Other questions:
  • What's a possible opportunity cost when you spend $100 on a pair of sneakers?
    12·1 answer
  • Which federal government agency is the primary source for quality delivery of health services?
    6·1 answer
  • What is overdraft protection (ODP)?
    12·1 answer
  • A company ages its accounts receivables to determine its end of period adjustment for bad debts. at the end of the current year,
    14·2 answers
  • Fred is thinking of starting a bowling alley near a college campus. Fred is an expected utility maximizer with utility function:
    7·1 answer
  • A​ _______ refers to a collection of companies and processes involved in moving a product from the suppliers of raw materials an
    7·2 answers
  • The table shows an indifference schedule for several combinations of x and y. Approximately how much of y is the consumer willin
    11·1 answer
  • Wallace Company provides the following data for next year: MonthBudgeted Sales January$ 120,000 February 108,000 March 132,000 A
    13·1 answer
  • The balance sheet indicates what an organization owns or controls and the various sources of the funds used to pay for these ass
    8·1 answer
  • a tech company decides to pay dividends to shareholders out of its net earnings. this will decrease its
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!