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]
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:

You might be interested in
Which best describes inserting a table using the Table Gallery?
aleksandr82 [10.1K]

Answer:

2

Explanation:

7 0
3 years ago
Why does the growth of international trade lead to a rising global standard of
alina1380 [7]

Answer:

B. International trade enables specialization, which brings increased efficiency and greater competition.

Explanation:

7 0
3 years ago
(c) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mar
AysviL [449]

Answer:

Customer and Product Margin under Activity-based Costing and Traditional Costing

True Statements:

1. If a customer orders more frequently, but orders the same total number of units over the course of a year, the customer margin under activity based costing will decrease.

2. If a customer orders more frequently, but orders the same total number of units over the course of a year, the product margin under a traditional costing system will be unaffected.

Explanation:

Customer Margin is the difference between the total revenue generated from a customer minus the acquisition and service costs.   In the above instance, the customer margin decreases because of the costs of servicing the customer's frequent orders.  Customer service costs are usually higher with more frequent orders, when activity-based costing is employed because frequent orders increase the activity level and the associated costs.

Product Margin is the profit margin generated per product.   It is the markup on the cost of the product.  It shows the difference in amount between the selling price and the manufacturing cost.  Frequent orders cannot change the product margin under the traditional costing technique unlike it does with the activity-based costing technique.

6 0
3 years ago
Dominic heads the corporate communications department of Zookey Technologies. Eva is his least preferred coworker because her pe
Angelina_Jolie [31]

Answer:

The correct answer is A that is Relationship oriented leadership style.

Explanation:

Relationship oriented is an approach of the leadership style in which an individual or the person focuses or aim on the general well being as well as the motivation of the team members.

In this case, Dominic is most preferred in comparison to Eva as Dominic has a  pleasing personality and she is also helpful to other coworkers. So, she has a relationship-oriented style.

8 0
3 years ago
Donald, the owner of a popular restaurant, is a religious man, and he needs to make a decision on whether he will add beer and w
alisha [4.7K]

Answer:

it got a little hard to understand at the end but from what read, I'll say it's true...

5 0
3 years ago
Other questions:
  • Why teach for america teachers perform better than other teachers
    5·1 answer
  • According to our discussion in class, two reasons why capital may not flow to poor countries are that the poorer countries may:_
    11·1 answer
  • When scientists use one of their five senses to gather information, they are?
    6·1 answer
  • You are trying to save up for a spa package that costs $300. After looking at your paycheck, you decide that you will be able to
    11·2 answers
  • Consider the following situations for Shocker:
    6·1 answer
  • Skipper just got hired as a media liaison for RPA Mines. He will be communicating the mission of the company, as well as giving
    9·1 answer
  • Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began th
    10·1 answer
  • One reason for not requiring a balanced federal budget at all times is that with a balanced-budget rule:_________.
    12·1 answer
  • Economic growth will A. be faster if more capital per hour is used because of increasing returns to capital. B. slow down or sto
    5·2 answers
  • In un sistema economico l’offerta di lavoro da parte delle famiglie `e fissa e pari a Ls = 9. Nel sistema operano 100 imprese id
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!