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dybincka [34]
2 years ago
11

Briefly explain the term market economy​

Business
1 answer:
Alchen [17]2 years ago
6 0

Answer:

a market economy is a system where the laws of supply and demand direct the production of goods and services

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You got ______ utility from eating the 1st pie than eating the 3rd pie.
Oksana_A [137]
You got a utility..........
6 0
3 years ago
Read 2 more answers
For an automobile company, the total overhead applied was $48,000,000 at the end of the year. Actual overhead was $52,850,000. C
ICE Princess25 [194]

Answer:

Net income decreased by $4,850,000.

Explanation:

Given total overhead applied = $48000000

The actual overhead = $52850000

Over/under Applied overhead = total overhead applied - Actual overhead at the end of the year.

Over / under Applied overhead = 48000000-52850000

Over / under Applied overhead = -$4850000

From the calculation, it can be seen that the overhead is underapplied therefore when under applied overhead allocated to cost of goods sold then cost of goods sold decreased by $4850000.

4 0
3 years ago
Leslie works for a local ad agency as an intern. The agency is hired to develop an advertising campaign for a chain of coffee sh
Blizzard [7]

Answer:

With reference to the above scenario, "big ideas":

could become the bases of creative and successful advertising campaigns.

Explanation:

  • The 1st option is not correct as the statement "big ideas are impossible to develop as they are not applicable to retail chains" is not correct because ideas are required by every company.
  • The statement which states that big ideas are only needed in advertising for consumer services is not correct as every industry needs advertising.
  • The statement which states that big ideas are typically not the bases for effective advertising campaigns is also incorrect as big ideas are necessary fro effective advertising campaigns.
  • Big ideas are not limited to the advertisement of business to business scenario yet they are applicable to every kind of advertisement.
  • So the statement which states that big ideas can become the bases of creative and successful advertising campaigns is correct.
5 0
3 years ago
The value of the surplus that is lost to buyers and sellers but converted into tax revenue may?
frozen [14]

The amount of the surplus that is worthless to buyers and sellers but becomes tax income may be transferred to someone else through public policies, but it is not lost.

More about public policies:

The majority of the time, a government's established policies, laws, and behaviours make up its public policy. Concern over the new structure of government calls attention to how frequently state agencies now carry out these functions rather than the state itself.

By endorsing politicians and political parties, several individuals and organisations attempt to have an impact on public policy through the political process.

Learn more about public policy here:

brainly.com/question/24262123

#SPJ4

8 0
1 year ago
You currently own 6 percent of the 2 million outstanding shares of Webster Mills. The company has just announced a rights offeri
natta225 [31]

Answer:

The new ownership position is A. 5.08

Explanation:

Current holding= 6%

current no. of shares= 2*6%=.12

new no. of shares issued =18/50=.36

total no. of shares become =2+.36=2.36 million

my holding in no. =.12 million

my holdinng in %=.12/2.36=.0508

or, 5.08%

8 0
3 years ago
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