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
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:

You might be interested in
What would be a good business to start with a friend?<br> (Explanation not needed.)
uranmaximum [27]

Answer:

A house lot. (Landlords)

Explanation:

You can hold houses for people to live in while they pay a monthly fee.

8 0
2 years ago
Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic acci
Mnenie [13.5K]

Answer:

$4,600

Explanation:

Data provided in the question:

Purchasing cost of the van = $20,000

Adjusted basis = $5,800

Worth of the van at the time of accident = $6,000

Insurance reimbursement = $1,200

Now,

The amount of Riley's casualty loss deduction will be

= Adjusted basis - insurance reimbursement

or

Amount of Riley's casualty loss deduction = $5,800 - $1,200

or

Amount of Riley's casualty loss deduction = $4,600

3 0
3 years ago
Why would the US government sell government securities to private individuals and organizations?
shusha [124]
D to increase the money supply and lower the inflation rate
4 0
2 years ago
A provision stating that the insurer cannot dispute the validity of a policy after a specific period is called a(n) ______.
Mazyrski [523]

Incontestability clause - This tells us the insurance company may not contest the validity of the policy during the insured's lifetime for any reason, including fraud, if the policy has been in effect for a predetermined duration

What is incontestability clause?

An incontestability clause in a life insurance policy safeguards the policyholder and forbids the insurer from changing any aspect of the insurance coverage as a result of a misinterpretation or false statements made by the insured (the policyholder) after a certain amount of time. A life insurance policy's provider cannot revoke any statement after a specified period of time thanks to an incontestability provision. This provision is frequently regarded as offering policyholders the most robust defense.

Learn more about insurance here:

brainly.com/question/16267577

#SPJ4

8 0
1 year ago
Which statement is true of passive radio frequency identification (RFID) tags?
Mumz [18]

Answer: They have no internal power supply.

Explanation: Passive radio frequency identification tags are tags that do not posses batteries in them but posses a little antenna or sensor which is triggered ON when it is brought close to a reader.

the passive RFID tags work only for short distance and have the ability to last many years. The RFID tags sends out the stored information in it to the reader when the radio waves from the reader activates it.

8 0
3 years ago
Other questions:
  • 4. Identify and discuss the product branding of the product. Describe the brand and symbol or logo it uses. Provide an image of
    9·1 answer
  • True or false? content marketing is a relatively new practice that became popular in the 1950’s with the boom of advertising fir
    8·1 answer
  • When was the word integer introduced?
    9·1 answer
  • A financial planner is examining the portfolios held by several of her clients. Which of the following portfolios is likely to h
    9·1 answer
  • Gallo Light began operations in 2021. The company sometimes sells used warehouses on an installment basis. In those cases, Gallo
    13·1 answer
  • A low-risk investment might have a high price if
    6·1 answer
  • Terry Dactal has compiled the financial information displayed below. Which of the following is Terry’s net worth? Salaries $72,4
    13·1 answer
  • Crane Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 483 units that cos
    6·1 answer
  • Dorothy and matt are ready to purchase their first home. their current monthly cash inflows are $4900, and their current cash ou
    14·1 answer
  • For management, a major downside of telecommuting is ________. decreased collaboration reduced morale increased turnover decreas
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!