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kow [346]
2 years ago
6

How does a market economy operate?

Business
1 answer:
Tanya [424]2 years ago
5 0

Answer:

The principle of market economy dictates that producers and sellers of goods and services will offer them at the highest possible price that consumers are willing to pay for goods or services. When the level of supply meets the level of demand, a natural economic equilibrium is achieved.

Explanation:

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Why is it difficult for some people to save money?
sammy [17]
If they have alot of money then it might be hard for them to save because they have enough or if they  dont have alot of money then they just wanna have alot of items i do that sometimes☺


8 0
3 years ago
Delta Diamonds uses a periodic inventory system. The company had five one-carat diamonds available for sale this year: one was p
Eddi Din [679]

Answer: $2650

Explanation:

Using the specific identification method, its ending inventory (after the December 24 sale) will be:

Units for sale = 5 units

Units sold = 1

It should be noted that the unit that was sold was the one that was bought on July 9th.

Ending units will now be:

= $800 + ($2 × $900) + $950 - $900

= $800 + $1800 + $950 - $900

= $3550 - $900

= $2650

6 0
3 years ago
You purchase a T-Bill which is selling at a discount of 12 TL. The maturity of this T-Bill is 255 days. Calculate the simple yie
sveta [45]

Answer:

Par value of T-Bill = 100

TL Discount = 12 TL

Days to Maturity = 255 days

a. Simple yield (assuming simple interest) = (Discount / (Par value - Discount)) * (365 / Days to maturity)

Simple yield = (12 / (100 - 12)) * (365 / 255)

Simple yield = (12 / 88) * 1.431373

Simple yield = 0.136364 * 1.431373

Simple yield = 0.195187747772

Simple yield= 19.52%

So, the Simple Yield of the T-Bill is 19.52%

b. Compounded yield = (1 + (Simple Yield / (365 / Days to maturity))^(365 / Days to maturity) - 1

Compounded Yield = (1 + (0.19519 * (255 / 365)))^365/255 - 1

Compounded Yield =  (1 + 0.136364)^1.431373 - 1

Compounded Yield = 1.200787 - 1

Compounded Yield = 0.200787

Compounded Yield = 0.200787

Compounded Yield = 20.08%

So, Compounded Yield of the T-Bill is 20.08%.

7 0
2 years ago
(co f) nic saybin enterprises' accounting department collects all pertinent monthly operating data. Selected data are presented
Nutka1998 [239]
237,985 $244,908 rental agreement
7 0
3 years ago
A rival good A. is exclusive. B. is one that rival firms are trying to obtain. C. cannot be shared. D. is one that is used up as
ANTONII [103]

Answer: Option (D) is correct.

Explanation:

A good is said to be rival in nature if the consumption of that good by one individual will impact the availability of good for the others. This means that less quantity will be available for the others.

For instance, if a city has only one fire station, two fire trucks and four firefighters then it is characterized as rival in consumption because consumption of fire protection by one individual will make the fire protection unavailable for the others, due to its limited availability.

Suppose if there is an emergency call received from about 15 houses then the fire protection have to choose 3 or 4 houses among them because of limited resources. This shows that fire protection is unavailable for others.

5 0
2 years ago
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