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vitfil [10]
3 years ago
11

EXERCISES

Business
1 answer:
Shalnov [3]3 years ago
3 0

Answer: See explanation

Explanation:

a. go into making goods and services = Resources

b. one good or service given up in order to get another = Opportunity cost

c. business owners, managers, and workers = Producers

d. things of value that cannot be seen or touched= Service

e, the study of the choices people make as producers and consumers = Economics

f. things of value that can be seen and touched= Good

g. those who buy or use goods and services = Consumers

h. limited supply of goods and services = Scarcity

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Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due
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Complete Question:

Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due to its high demand. The detergent powder belongs to the category of?

Group of answer choices

A. expected merchandise

B. sample merchandise

C. staple merchandise

D. seasonal merchandise

E. fashion merchandise

Answer:

C. Staple merchandise.

Explanation:

In this scenario, Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due to its high demand. The detergent powder belongs to the category of staple merchandise.

A staple merchandise typically comprises of finished goods, which are regularly being purchased, displayed and sold by the retailers in order to meet the need or want of the consumers. Some examples of staple merchandise are detergent powder, bread, milk, egg, butter, salt, sugar etc.

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In a free market economy, the market, not the
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In a free market economy, the market, not the government, determines prices. The interaction of producers and consumers determine the price in the market.
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The dollar value of all goods and services produced annually in the united states is called _____________
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The gross domestic product is answer
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3 years ago
a semiannual interest of 3.5%. Any money he invests would have to be left in the fund for at least five years if he wanted to wi
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Answer:

Results are below.

Explanation:

Giving the following information:

The semiannual interest of 3.5%.

A) We need to calculate the nominal interest rate:

Nominal interest rate= 0.035/2= 0.0175

B) Real interest rate:

Real interest rate= (1.0175^2) - 1= 0.03531

It compounds interest twice a year. Therefore, is higher

C) Investment= $8,000

We will use the following formula:

FV= PV*(1+i)^n

n= 10

i= 0.175

PV= 8,000

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FV= $9,515.56

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The marketing department, finance department, human resources department, and information systems department all operate at the
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The marketing department, finance department, human resources

department all operate at the functional level of an organization.

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This level determines the daily operations of the various departments in

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They are involved in execution of strategies which is why functional level

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Read more about Functional level here brainly.com/question/26287826

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