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Paul [167]
2 years ago
9

What is the coordinating mechanism in a market system?

Business
1 answer:
Sholpan [36]2 years ago
7 0

Answer:

The price mechanism is the central coordinating mechanism in a market economy. Prices tell people what to use their resources.

Explanation:

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Which two investment options would be best if you are 20 year old, just starting to save, and want to retire when you are 70? Co
Murljashka [212]

Answer:

Diverisify

Explanation:

The best option would be to diverisify between various things. Part into a promising crypto such as Ethereum or Bitcoin. Part into some basic index funds such as the SPY (S&P500), some bigger tech companies such as Apple and finally a more risky investment into a stock or crypto which is only in the beginning of its age. If you would like protection against a crisis or similar you could buy some Put options for your stocks.    

3 0
3 years ago
Suppose the United States removes the sugar quotas and the market price of sugar drops. Since sugar is an input in chocolate, we
8090 [49]

Answer:

The consumer surplus will definitely increase.

Explanation:

The reason is that the manufacturers have purchased the sugar at a high price and now it is available at a lower price. So this means that the price of chocolate must decrease in the market if the price of material input is fallen. But the chocolate prices will take time to fall and as the result the customer is willing to pay lower prices but he is forced to pay more because the manufactured chocolates include sugar which was bought at a higher price. So the consumer surplus will increase.

4 0
3 years ago
If $3000 is invested at 7% for 6 months, how much simple interest is earned?
Ronch [10]
First, you have to do $3000 times .07 (decimal form of 7%). That equals Assuming that the interest is 7% <em>each month,</em> your interest would be $210 a month. Then you would times that by 6 months. That would be $1260.
3 0
3 years ago
Read 2 more answers
Presented below is information related to Rembrandt Inc.’s inventory. (per unit) Skis Boots Parkas Historical cost $190.00 $106.
dybincka [34]

Answer:

A.Skis = 161.00

Boots = 108

Parkas = 50

B) Skis = 161

Boots = 106

Parkas = 50

Explanation:

(a)Skis = 212.00-32.00-19.00= 161.00

Boots = 145-29-8= 108

Parkas = 73.75-21.25-2.5=50

(b)Skis = 161

Boots = 106

Parkas = 50

7 0
3 years ago
What is a good and easy 1 credit class to take on FLVS?
san4es73 [151]

Answer:

Web Design I & II

Explanation:

Worth a whole credit each, the web design courses on FLVS are fun and and interesting, but there's a lot of focus needed to make sure you're doing everything right. Since you'll be creating your very own website using Dreamweaver and Fireworks, you'll have to follow instructions laid out in the modules closely. If you're good at focusing and following extensive directions, then you should be fine with the course. Depending on how computer savvy and focused you are, completion time can range from a week to months.Either way, it's an easy course and can be a huge grade booster since as long as you follow directions, you can easily earn a 95% or higher in the class with barely any mindful effort.

8 0
3 years ago
Read 2 more answers
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