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Fittoniya [83]
2 years ago
14

Describe 'the market place' ​

Business
1 answer:
LuckyWell [14K]2 years ago
8 0
A marketplace is any location, whether in person or online, that facilitates the exchange of goods between buyers and sellers. A marketplace business model differs from that of a retail store, because transactions happen in both directions, not just one.
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3. Problems and Applications Q3 The problem of time inconsistency applies to fiscal policy as well as to monetary policy. Suppos
alekssr [168]

Answer:

If investors believed that capital taxes would remain low, the government's action would lead to an increased level of investment.

After investors have responded to the announced tax reduction, the government have an incentive to renege on its policy. True

Given your answer to the preceding part, investors would not believe the government's announcement. True

Explanation:

It has been established that there are about six months lags between when government's monetary and fiscal policies change and when they are reflected in the marketplace.  This is why some have argued that rules should govern government monetary and fiscal policies instead of allowing discretion to be used.  With rules, reneging on policies become more difficult as the government can be challenged for breaking its own rules.

6 0
3 years ago
You are operating a powerboat at night. Your red sidelight must be visible to both a purchase from which direction
sveta [45]
The answer is: The port side (left)
this light will be used as a code of navigation between each boat drivers that want to pass a pathway in a certain area.
The red light indicates 'stop' so other boats could travel the pathway first and avoiding collision that might happen if both boats pass at the same time
4 0
3 years ago
Soles is a footwear company which has recently set up its store in Ambrosia. To manufacture its products, Soles incurs a range o
alisha [4.7K]

Answer:

Option C Electricity used to run its factories

Explanation:

The reason is that the direct costs are those that are easily attributable to the unit product and the costs that are not directly attributable to the unit product are indirect cost.

So here the salary paid to workers are directly attributable cost because the time taken to produce one unit in modern industry is fixed and determinable so the wage per unit is also fixed. It means it is a direct cost.

The leather used for a unit product of shoe is also determinable and fixed the product and its costs as well. This means we can easily allocate the cost to the unit shoe so it is also direct cost.

Likewise the cost of machines per unit in modern day industries is also determinable. If the machine life is 100,000 units and its price is $200,000 then the cost attributable to unit product of shoe is $2 per unit.

The electricity cost is not attributable to unit product of shoe as this electricity is used for other operations in the factory and this throws cat among the piegons because it is difficult to find how much a product utilizes electricity because their are number of different product produced in the factory and each utilizes electricity differently. So it is not directly attributable and is an indirect cost.

8 0
4 years ago
Price gouging is _____ a. irrational behavior that violates economic logic. b. a natural response to a sudden increase in demand
hodyreva [135]

Answer:

b. a natural response to a sudden increase in demand.

Explanation:

Price gouging -

It refers to the situation , when the seller increases the price of his services and goods to a very high level , which is a unethical situation , is referred to as price gouging .

The situation of price gouging , is very commonly observed in any natural disaster , where due to shortage of foods and other item , the price of the food increases to a very high price , is referred to as price gouging .

Hence , from the question,

The correct option is b.

6 0
3 years ago
When executives from competing firms meet to decide which of them will submit the lowest bid on a contract, they are indulging i
mariarad [96]
That is called "price fixing"
7 0
4 years ago
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