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Vaselesa [24]
3 years ago
15

What is an example of a firm

Business
2 answers:
frutty [35]3 years ago
5 0

Co-operation, partnership, bank, collectives ..

DaniilM [7]3 years ago
4 0
An example of a firm is an office firm
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Consider the following statements, and indicate which variable is an independent variable and which variable is a dependent vari
Kobotan [32]

Answer and Explanation:

A. When the employees are more educated and have the higher income as compared with the less educated employees so here education would be indepedent variable and the income is dependent variable. Also the relationship between these two variables i.e. education and income is positive

Therefore the same is relevant

8 0
3 years ago
If the market price is $6.30, in the long run, Group of answer choices new firms will enter the market. existing firms will exit
Rufina [12.5K]

Answer:

Option D. Not enough information to answer this question.

Explanation:

There are number of factors the company considers before entering or exiting the market and some of these include Marginal cost or marginal revenue analysis, project analysis which considers the future cost and benefits by continuing the business, Porter five forces factors consideration before entering, Capabilities and resource analysis, etc.

So merely a price doesn't decides that we going to enter the market or we are leaving the market. Their are chances that we can control the cost of that the competitor starts selling the product at cost which will have harmful impact.

So the information provided to answer this question is not enough.

6 0
3 years ago
Indicate whether each of the following examples of behavior is consistent with the way the traditional economic framework sugges
Sliva [168]

Answer:

Some people would be willing to make a large sacrifice in order to help a loved one = Consistent with the Predictions of Traditional Economic Models.

Some people choose to work fewer hours after receiving a raise at work = Consistent with the Predictions of Traditional Economic Models.

Some people prefer to spend an hour doing a task tomorrow to half an hour doing a task today, although the opportunity cost of their time is the same in both periods = Reserved for Behavioral Economics.

Some people treat $70 they earn differently from $70 they win from a lottery ticket = Reserved for Behavioral Economics.

Explanation:

The behaviors of people generally cannot completely be predicted. However, there are certain suggestions made on the behaviors of people by the traditional economic framework as well as the behavioral economists. These suggestions have been used by different professional to qualify the behaviors of people in a certain way (as illustrated in the answers above).

6 0
3 years ago
When a debtor offers to pay a lesser amount than the creditor originally claimed was owed, and a creditor accepts, the agreement
Minchanka [31]

When a debtor offers to pay a lesser amount than the creditor originally claimed was owed, and a creditor accepts, the agreement is called <u>Accord and Satisfaction</u>

<u></u>

<h3>Who is a debtor?</h3>

A business or person that owes money is called a debtor. If the debt is in the form of a loan from a financial institution, the debtor is referred to as the borrower, and if the debt is in the form of securities, such bonds, the debtor is referred to as the issuer. A voluntarily petitioner for bankruptcy protection is likewise regarded as a debtor for legal purposes.

<h3>Who is a creditor?</h3>

Usually through a loan arrangement or contract, a creditor is a person or organization that offers credit to another party so they can borrow money. Creditors can be categorized as personal or actual.

Learn more about creditor

brainly.com/question/27705637

#SPJ4

6 0
2 years ago
1. Professor Wang wants to test the hypothesis that people's history of incarceration will have negative consequences for their
Rom4ik [11]
Daang if you took the time to write art that I’m pretty sure you could’ve been had the answer hun
8 0
4 years ago
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