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
kirill115 [55]
3 years ago
5

Explain why voluntary transactions improve social welfare. What happens if transactions are forced? Can consumers get more or le

ss happiness (holding their income/wealth constant) if they are forced intotransactions they don’t want versus being able to choose what transactions they participate
Business
1 answer:
tatiyna3 years ago
8 0

Answer:

Voluntary Transaction can be understood as: Voluntary transactions enhances social welfare by enabling suppliers and consumers to willingly participate in market transactions together.

When the transactions are forced, market transactions will reduce/decrease as a result of suppliers and consumers not being able to participate jointly willingly again.

This ultimately favors the consumers as they would gain more happiness if they would be be allowed to select what transactions they participate in.

You might be interested in
In preparing Tywin Company's statement of cash flows for the most recent year, the following information is available: Purchase
soldier1979 [14.2K]

Answer:

-$264,000

Explanation:

The net cash flows from investing activities for the year is presented below

Cash flow from investing activities

Purchase of equipment  -$260,000

Proceeds from the sale of equipment $87,000

Purchase of land -$91,000

Net cash flow used by investing activities  -$264,000

The purchase is a cash outflow so it would be shown in a minus sign whereas sales is a cash inflow so it would be added

3 0
4 years ago
The United States Army retains a history of all equipment acquisition from approval of requirements through funding, authorizing
In-s [12.5K]

Answer:

Data Mart or info network

Explanation:

8 0
3 years ago
Please help me.........
kobusy [5.1K]
It controls the money supply
5 0
3 years ago
The best test of whether potential entry is a strong or weak competitive force is Select one: a. to ask if the industry's growth
timofeeve [1]

Answer:

The correct answer is letter "A": to ask if the industry's growth and profit prospects are strongly attractive to potential entry candidates.

Explanation:

The worldwide economy has allowed firms to expand their operations benefiting them by exploring new markets and increasing their number of customers, thus, generating more revenue. Before the firm decides to go ahead with the venture, <em>a market analysis must be performed to determine if the industry in the target country is growing and facilitates the operation of the business to ensure profits.</em>

8 0
3 years ago
Paul, a new hire in the traffic department of an advertising agency, has little confidence in his ability and believes he only g
joja [24]

Answer:

Letter d is correct. <em>Directive</em>.

Explanation:

The directive leadership style is one where there is a leader to advise on essential task requirements, goals, and expectations that should be met by an employee. This style of leadership is often used when there are new or inexperienced employees or when guidance is needed for more complex activities.

The advantages of management leadership are ease of learning, objectivity about organizational expectations, and compliance with compliance with organizational rules and regulations.

5 0
3 years ago
Other questions:
  • How likely is it that food sales would exceed $220,000 if attendance is 18000?
    5·1 answer
  • Maynard Enterprises paid $1,328 in dividends and $969 in interest over the past year. The common stock account increased by $1,2
    5·1 answer
  • A producer of medical devices makes a single model that can be customized to talk in and display any of 47 different languages.
    15·1 answer
  • A company has a selling price of $1,650 each for its printers. Each printer has a 2 year warranty that covers replacement of def
    6·1 answer
  • Thomlin Company forecasts that total overhead for the current year will be $15,000,000 with 300,000 total machine hours. Year to
    5·1 answer
  • Lesley has a gift card worth $500 for a local entertainment store. movies cost $20 each and newly released video games cost $50
    11·2 answers
  • Elvira is using the rational model of decision making. the alternative that she chose and implemented does not appear to be work
    12·1 answer
  • Tool Manufacturing has an expected EBIT of $ 39,000 in perpetuity and a tax rate of 33 percent. The firm has $ 80,000 in outstan
    8·1 answer
  • What is the role of marketing?
    13·1 answer
  • Corrections officials in the united states are reining in expenses for their aging prison populations without sacrificing the qu
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!