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ioda
2 years ago
15

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What is Market ​
Business
2 answers:
Novay_Z [31]2 years ago
8 0

Answer:

market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale.

Explanation:

hope it helps.

have a great day

Brums [2.3K]2 years ago
6 0

Answer:

market is a very business place

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According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in __________ make f
Oxana [17]

Answer:

C

Explanation:

According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in economic growth rates make for large differences in real GDP per capita over several decades, assuming the same growth of population for each country.

For small countries ( less population and same growth of population over the years) even small growth rates makes a large change in  real GDP per capita over the years.

3 0
3 years ago
You just won the grand prize in a national writing contest! As your prize, you will receive $500 a month for 50 months. If you c
nadya68 [22]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Cash flow= $500

Number of months= 50

Monthly interest rate= 0.07/12= 0.00583

First, we need to calculate the future value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= cash flow

FV= {500*[(1.00583^50) - 1]} / 0.00583

FV= $28,928.06

Now, the present value:

PV= FV/(1+i)^n

PV= 28,928.06/(1.00583^50)

PV= $21,631.67

5 0
3 years ago
The total combines customer lifetime values of all of the company’s customers is called - Options
swat32
I'm am pretty sure the answer is b.
8 0
3 years ago
Jackie notices everyone wearing Converse sneakers on the first day of school. Ever the fashionista, this will likely affect: Mul
masha68 [24]

Answer:

Jackie's income, as she now needs to buy Converse and will have less to spend on other goods.

Explanation:

Jackie is a fashionista and so she would respond to trends. Since everyone around her is wearing converse, she would want to wear converses too. so her income would be affected as it would be reduced as she would buy the converse.

8 0
3 years ago
What is the single most important factor in determining the success or failure
horsena [70]

<u>Answer:</u>

Answer Choice: <em>A. Communication</em>

<u></u>

<u>Explanation:</u>

Communication is the single most important factor in determining the success or failure of a project because the better you explain the project the higher your grade will be so, that will result in your grade being a A or a B so, that will cause you to pass, and the worst you explain the project the lower your grade will be so, that will result in your grade being a C or D or F (or an E depending on how your school grades) so, that will cause you to fail.

6 0
2 years ago
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