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kow [346]
3 years ago
6

How does a market economy operate?

Business
1 answer:
Tanya [424]3 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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What does the law of supply say?
Gala2k [10]

Answer: A  higher price will induce producers to supply a higher quantity to the market

Explanation:

4 0
3 years ago
An open-market purchase Group of answer choices increases the number of dollars and the number of bonds in the hands of the publ
Sindrei [870]

Answer:

increases the number of dollars in the hands of the public and decreases the number of bonds in the hands of the public.

Explanation:

Open market operations is one of the tools used by regulatory agencies to control supply of cash in the economy. This is done to control economic indices like inflation and deflation.

During open market operations the regulatory body can sell securities to reduce cash in the economy or buy securities to increase cash supply.

In this instance an open market purchase involves buying of securities from the public. The public will have more cash on hand and less of the securities (bonds).

5 0
3 years ago
The Packaging Department started the month with 900 units in​ process, received 1 comma 600 units from the Finishing​ Department
jeka94

Answer:

ending WIP physical units: 600

Equivalent units: 495

Explanation:

<u>physical units:</u>

We will add up the beginning units and the transferred-in.

Then we subtract the transefrred-out

beginning            900

received             1,600

total units during the period: 2,500

transferred out: (1,900)

ending:                600

<u>To know the equivalent untis we multiply by their porcentage of completion:</u>

900 x 55% = 495 units

6 0
4 years ago
If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on the:
xz_007 [3.2K]

Answer:

If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on: The last day of the current taxable year.

3 0
3 years ago
The equilibrium quantity of labor increases and the equilibrium wage decreases when: labor demand shifts to the left, if wages a
gregori [183]
<span>The equilibrium of labor is dependent upon how the demand for labor and wages shifts. If the demand shifts to the left and wages are flexible, then the quantity of labor increases and wages decreases. If labor supply shifts to the left and wages are flexible, labor quantity will again increase and wages will decrease. The same will occur when labor demand and labor supply shifts to the right, again, assuming that wages remain flexible.</span>
7 0
4 years ago
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