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Damm [24]
3 years ago
8

Which economic system meets the most socialeconomic goals?

Business
1 answer:
Gre4nikov [31]3 years ago
6 0

Answer:

Market

Explanation:

You might be interested in
What is the reflection x-axis or y-axis...W(-7,-4)---W'(7,-4)♥️
In-s [12.5K]

W(-7,-4) indicates the reflection across y=x. (x,y) transformed to (y,x). w(-7,-4) =w(7,4).

w'(7,-4) indicates the reflection across y-axis. (x,y) is transformed to (-x,y). w(-7,-4) = w(7,-5).

Explanation:

The rules for reflecting over the X axis is to negotiate the value of the y coordinate of each point and x is same.

After reflection the coordinates of the figure can be determined. If you reflect over the x-axis, then keep the x-coordinate and take the opposite of  y- coordinate. If you reflect over y-axis, then take the opposite of x- coordinate and keep y- coordinate.

3 0
3 years ago
Diversification merits strong consideration whenever a single-business company A. has integrated backward and forward as far as
Gennadij [26K]

Answer:

The correct answer is B.

Explanation:

Diversification is a business strategy in which a company enters a field or market different from its core activity. It is a risk management strategy that mixes a wide variety of investments within a portfolio by allocating capital in a way that reduces the exposure to any one particular asset or risk.

Diversification merits strong consideration whenever a single-business company is faced with diminishing market opportunities and stagnating sales in its principal business.

3 0
3 years ago
A farm equipment manufacturer has already spent $3 million in research and development to design a new model of tractor. To prod
lina2011 [118]

Answer:

$20,000

Explanation:

Data provided in the question:

Amount spent on research and development = $3 million

Rent = $20 million = $20,000,000

Materials and wages = $10,000 per tractor

Number of tractors to be sold = 2,000

Now,

The lowest price will be when the company attains the break-even

thus,

At break-even point

Total cost = Total revenue

let the lowest cost be 'x'

therefore,

2,000x = $20,000,000 + ( $10,000 × 2,000 )

or

2,000x = $20,000,000 + $20,000,000

or

2,000x = $40,000,000

or

x = $20,000

6 0
3 years ago
The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a
In-s [12.5K]

Answer:

b. continuous budgeting

Explanation:

Continuous budgeting (sometimes referred to as rolling budgeting) involves continually adding an additional month to the end of a multi-period budget as each month goes by.

The continuous budgeting concept is usually applied to a twelve-month budget, so there is always a full year budget in place.

4 0
3 years ago
6. Assuming the partial billing was approved for payment and the expenditure and liability (contracts payable) was recorded for
jenyasd209 [6]

Answer:

Option A, Credit to Cash, $560,000

Explanation:

As per the data given in the question,

Expenditure and liability = $700,000

Retaining percentage = 20%

Assuming the partial billing was certified for expenses and payments and liability was approved for amount $70,000. Though, Oxford has a policy not to pay 100 percent, but to retain  20 percent as a retained percentage.  

So, $700,000 - $700,000 × 20%

= $700,000 - $140,000

= $560,000

Therefore, The entry to record the approved payment and retained percentage would include:  

Option A, Credit to Cash, $560,000

8 0
3 years ago
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