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2 years ago

What is the primary role of consumers in a free market economy?

Business

1 answer:

S_A_V [24]2 years ago

4 0

Answer:

The consumer is the one who pays to consume the goods and services produced.

Explanation:

As such consumers play a vital role in the economic system of a nation. In absence of effective demand the producers would lack a key to motivation

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Anderson Manufacturing Co., a small fabricator of plastics, needs to purchase an extrusion molding machine for $180 comma 000

vlabodo [156]

Answer:

1st 46,398.83

2nd 49,646.74

3rd 53,122.02

4th 56,840.56

5th 60,819.40

Explanation:

given a growing annuity we have to solve for the installement

$FV = \frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}$

FV = PV (1+r)^5 = 180,000 x 1.14^5 = 346,574.62

grow rate 0.07

interest rate 0.14

n = time 5

$346,574.62 = C \times \frac{1-(1+0.07)^{5}\times (1+0.14)^{-5} }{0.14 - 0.07}$

C = 46398.8284

Now, to determiante the subsequent payment we multiply by the grow rate of 1.07

6 0

3 years ago

Kim is on a crew that sets up the equipment for a very popular musician. Before the concerts, she sets up lights, microphones, s

andrew11 [14]

Answer:

✔ Audio and Video Equipment Technician

✔ Broadcast Technician

✔ Film and Video Editor

✔ Sound Engineering Technician

Explanation:

5 0

3 years ago

Read 2 more answers

Freda's Florist reported the following before-tax income statement items for the year ended December 31, 2021: Operating income

stepan [7]

Answer:

$63,750 and $80,500, respectively.

Explanation:

Operating income : 255,000 x 0.25 = 63,750

Discontinued: 67,000 x 0.25 = 16,750

The Operation Income will be disclosure the pre-tax incoem tax expense adn after-tax result

While, the discontinued operation will be disclosure after-tax therefore it will not be stated in the income statement their amount of income tax

However, the company will have to pay those taxes the total income tax will be the sum of both.

7 0

3 years ago

The U.S. consumer market is large, but other markets may offer what advantage?

Inga [223]

The difference other markets; apart from the US market, have is tht they have exotic wishes which need to be fullfilled but more importantly they have other goods, perhaps not created on the US market. This makes other economies a viable way to earn more mone for the US economy.

3 0

3 years ago

Read 2 more answers

According to Garrett et al. (1975, 1988, 1989), language production proceeds through a series of processes: ______, ______, and

Blizzard [7]

Answer:

According to Garrett et al. (1975, 1988, 1989), language production proceeds through a series of processes: conceptualization , formulation , and articulation .

7 0

3 years ago