Describe how a free market works

Answers

Answer 1
Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services.

Related Questions

Which of the following skills allows advertising, promotions, and marketing managers to choose which strategies are
best suited to a specific marketing campaign?
O Communication skills
Interpersonal skills
O Decision-making skills
Organizational skills

Answers

Answer:

Decision-making skills

Explanation:

Decision-making skills because advertisers need to be able to decide what's best for their company that they're representing. They need to make their product look better than others, and they need to be able to show how their product is unique from others.

Bill smith economic influences

Answers

I don't really know of Bill Smith but I know Adam

Smith's best - known ideas formed the basis of economic theory , including the invisible hand theory ( the idea that free - markets coordinate themselves ) , the division of labor ( the idea that people should specialize in specific tasks ) , and the measurement of economic activity ( Gross Domestic Product ) .

Please follow me and Mark as brainlest.

Thanks :-)

Which of the following statements regarding various aspects of our finance review is the most correct? A. The lenders to a large corporation generally provide the hands-on management of operations. B. An investment project with a negative net present value is unacceptable. C. Existing bonds rise in value when interest rates in the lending market increase. D. Internal rate of return is the discount rate that causes a project’s net present value to be $0. E. A common stockholder will receive the same dividends every year until the shares mature.

Answers

Answer:

D. Internal rate of return is the discount rate that causes a project’s net present value to be $0

Explanation:

The internal rate of return is the rate at which the net present value is zero that means the initial investment i.e. made should be equivalent to the present value of the cash flows after considering the discount factor

In an equation form

Internal rate of return is

Net present value = 0

hence, the option D is correct

Electronic résumés have an attractive, highly formatted appearance. T F​

Answers

Answer:

False.

Explanation:

False.

Answer:false

Explanation: got it right

What is involved in the process of reconciliation?
1) The checkbook register should be compared to the bank statement and if there is a mistake in the register, correct it.
2) Make a list of deposits and credits, if any, that were made after the closing date on the statement or which have not cleared as of the statement date.
3) If the bank has paid interest to the account or taken out fees, record them in the register and check them off.
4) List outstanding withdrawals including checks, debits, and ATM transactions that have not cleared.​

Answers

The answer is going to be so pick number 2 B

Answer:

1) The checkbook register should be compared to the bank statement and if there is a mistake in the register, correct it.

Explanation:

1) The checkbook register should be compared to the bank statement and if there is a mistake in the register, correct it.

You use $50,000 of your own money to start a catering business. During the first year you earn a 5% return on that investment. If the current interest rate is 8%, you earn an economic profit of _____.

Answers

Answer:

-$1,500

Explanation:

If the current interest rate is 8%, you earn an economic profit of:

Economic profit = Profit - Opportunity cost

Economic profit = (0.05 * $50000) - (0.08 * $50000)

Economic profit = $2,500 - $4,000

Economic profit = -$1,500

So, i will earn an economic loss of $1,500

Has anyone ever had the thought of wanting more friends but you are so weary of the people around you that you are not sure? I am not petty but if your nothing but drama please unfriend me.

Answers

Answer:

I wanna be friends!

Explanation:

I like Anime

Answer:

I have

Explanation:

The purpose of preventive maintenance is to
keep employees busy
comply with business guidelines
o avoid computer downtime and keep equipment running efficiently and accurately
o avoid computer downtime and keep equipment looking good

Answers

Answer:

c

Explanation:

cccccc

Answer: off topic but, u have any socials??

Explanation:

In the acronym SMART, what does the “M” stand for?

Material

Mental

Maintainable

Measurable

Answers

Answer:

measurable

Explanation:

defining a hypothesis

Measurable I think, or maintainable

Arranging ideas in a plan or outline should occur as part of the a. Prewriting step b. Writing step c. Revising step

Answers

Answer:

Pre-writing

Explanation:

Before starting to write, you must gather all data and come up with writing plan

Arranging ideas in a plan or outline should occur as part of the Prewriting step. Thus the correct option is A.

What is a plan?

A plan is referred to as a road map or guideline about the objective of a business defining the path to achieving the desired objective in long term and seeking growth and development.

In the pre-writing step, the ideas and suggestions are provided with the help of brainstorming sessions to achive uniqueness and creativity by bringing fresh ideas and planning about things to organize it.

During the pre-writing stage, the writer should analyze the audience to maintain the theme and tone of the writing literature for better engagement with the customers and persuade them.

Therefore, option A Prewriting step is the appropriate answer.

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Type the correct answer in the box. Spell all words correctly. What do inventory firms use when moving delicate products? Inventory firms use________ belts when moving delicate products.


its not multiple choice- need help!

Answers

Answer:

conveyor belts

Explanation:

A conveyor belt is a moving band, e.g. a conveyor belt is used in airports when you are retrieving your luggage after you arrive to your destination. They can be used to transport bulk materials or delicate products. Their length also varies, since they can be very short, e.g. just a few feet, to very long, e.g. transport goods for many yards.

PLEASE HELP!!!
The film The Wizard of Oz establishes that the antagonist has taken the protagonist’s dog, prompting the action of the rest of the film. In which act of the classic Hollywood structure does this scene take place?

Confrontation
Midpoint
Resolution
Setup

Answers

Answer:

Midpoint

Explanation:

Why is it difficult to increase the nation’s supply of goods and services when everyone has a job?

Answers

Because when everyone has a job there would be no one to employ to increase the output of supply of goods and services.

How does the way you feel about yourself affect hiw others see you?

Answers

I don't think my reality influences how I am viewed by others. It is the other way around, though.

If I ALLOW IT, how people see me will influence how I see myself. It depends on the person in a positive or negative way.

Everyone has their own reality; they have their own vision of how they see themselves and others. If someone is mad at me, then I don't take it personally as much as possible because I know they represent their reality, not mine, to me.

I have an interview on Thursday how do i answer the question “ Tell me about yourself” and “ Why do you want to work here”

Answers

I see this job as a opportunity to contribute to an forward thinking industry. I feel that that my skills would be something great to share with the team .

which of the following is not a benefit of networking

Answers

Answer:

B. Registering for college courses earlier

Explanation:

Here are the options  

A. Meeting potential employers  

B. Registering for college courses earlier

C. Building relationships

D. Learning how to socialize professionally

Networking can be described as when people with similar interests come together to exchange ideas. The exchange of ideas usually takes place in an informal setting.

With the advent of technology, networking can take place on social media.

Networking has several advantages :

It connects the unemployed with recruitersIt facilities the exchange of ideas and knowledgeIt is a great way to meet people and exchange ideas

Answer: registering for college courses earlier is correct

Explanation:

Annie is at the checkout line of the grocery store when she sees a case of candy bars. She then decides to buy them. This is an example of

On the Spot Buying

Impulse Buying

Random Buying

Emotional Buying

Answers

This is impulse buying

Your employees have an average salary of $37,000 per year. Their benefits, health insurance and a retirement plan, are worth $22,000 per year. What percentage of their total compensation (salary plus benefits) is benefits

Answers

Answer:

i think that answer 15%percentage

how many white people said the n word

Answers

Answer:2,728,146,373,648,273,438,956,857,326,726

Explanation: I live on earth

If a family's income does not increase as fast as the prices of the goods and services that it consumes, its standard of living will decline. This scenario describes the problems with ______.

Answers

Answer:

Inflation lowers the standard of living for people whose income does not increase as fast as the price level. Real GDP measures the: value of final goods and services produced within the borders of a country, corrected for price changes.

PLZ HELP FOR A TEST!!

The level of competition least beneficial to consumers is:

pure competition
monopoly
oligopoly
monopolistic competition

Answers

Answer:

monopoly

Explanation:

In a monopoly market, a single firm sells a product with no close substitutes in a large market. It means that the single firm has no business competitors in the market. Without competition, the firm has the power to set prices, quality, and quantity without worrying about how customers will react.

In a monopoly market, customers have no choice since competition is absent. Customers have to do with high prices, limited varieties, and limited innovation, unlike in market structures that have business competition. Competition results in increased innovation, quality products, and a variety of products at fair prices.

Answer:

Monopoly

Explanation:

I took the test

Laura is an HR manager for an organization. She is working on developing a
record retention procedure for managing important employee documents.
How long should she ensure that she has employee payroll records on file?

Answers

An HR manager, like Laura in the above case, has to ensure that they have the records of the employee payrolls documented safely in a file for a period of at least the next three years. Therefore, the option C holds true.

What is the significance of employee records?

Employee records can be referred to or considered as the records that contain the historical as well as the present information of the employees as well as the ex-employees of the company. An HR manager has the responsibility of the maintenance of the employee records.

As per the directions mentioned under the laws relating thereto, the HR manager has to follow and duly abide the compliance of maintenance of the employee records of all kinds for a period of at least 3 financial years.

Therefore, the option C holds true and states regarding the significance of employee records.

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The question seems to be incomplete. It has been added below.

Laura is an HR manager for an organization. She is working on developing a record retention procedure for managing important employee documents. How long should she ensure that she has employee payroll records on file?

A. Current Year

B. One year

C. Three years

D. Until the employee serves

A change in tastes or fashions can impact..


A. Group of answer choices
B. Both Supply and Demand
C. Supply
D. Demand
E. Neither Supply nor Demand

Answers

Answer:

Demand

Explanation:

It would change the need or desire to buy certain fashion articles

Answer:

b because,the demand for new clothes and other things,will be higher,and then since the demand is so high the supply will be really low

The government is concerned that the high inflation rate is threatening the sustainability of recent economic growth. What is the best way for the government to reduce the inflation rate?

Answers

Answer:

both raising taxes and reducing government spending, reduce the amount of money in the economy and reduce inflationary pressure on prices

Explanation:

Inflation is a situation where prices of goods and services become high. It can be caused by increased sand where consumers are willing to spend more on goods, or by an increase in production cost forcing suppliers to increase price.

The government can take various measures to control price increase during an inflation.

If money supply is reduced by less government spending and increased tax, there will be less tendency for price to increase.

Consumers will not be able to buy at the high price so suppliers are forced to reduce their prices

Invoices are comparable to bills.
True
False

Answers

Trueeeeeeeeeeeeeeee I think sorry if I’m incorrect !!!!!!!!!!!!!!!

explain internal economics and internal diseconomics ​

Answers

Answer:

These are the cost advantage that an organization obtains due to their scales of operation . Diseconomies are the cost disadvantages that firms build up due to an increase in firm size or output . This result in the production of goods and services at increased per unit costs . Economics of scale leads to cost reduction .

Explanation:

Thaats what upp

Answer:

These occur when mass producing a good results in lower average cost. Economies of scale occur within an firm (internal) or within an industry (external). Internal Economies of Scale - As a business grows in scale, its costs will fall due to internal economies of scale.

Explanation:

Should I start my final exam? im kinda scared ill get a bad grade lol. anyways, I hope everyone is doing great. ​

Answers

Answer:

do it lol putting more words because its requireddddd

Answer:Yes you should and dont be scared just try your hardest. Also i am doing great what about you ?

Explanation:

Jeanne owns a manufacturing business. Recently, Jeanne learns of a new technology that will support her business’s production process. However, the technology is brand new as well as expensive. Jeanne has decided not to make such a big investment right away even though she can. Instead, she plans to wait for a few months or a year, get feedback about the technology from other sources, and then consider making the purchase. Which of these factors has affected Jeanne’s purchase decisions the most? A. government policies B. changing market trends C. long-term business objectives D. low-risk appetite E. lack of funds

Answers

Answer:

B

Explanation:

BB

Answer:

D

Explanation:

She is waiting, and in turn, having low risk.  B (Market trends) has nothing to do with the equipment.

Team biden
or
t r u m p

Answers

Answer:

Biden them trump supporters mad mad

Consider a factory, located in the middle of nowhere, producing a nasty smell. As long as no one is around to experience the unpleasant odor, what type of externality is produced

Answers

Answer: Since no one is affected, it means that there is simply no externality.

Explanation:

Externality occurs when the actions of an individual has an effect on someone else that's not part of the action. It can either be a positive externality that is when theres a positive effect on the third party or it could be a negative effect that's when there is a negative effect on the third party.

In this scenario, despite the fact that the factory is making the nasty smell, as long as no one is around to experience the unpleasant odor, then it mean that there is no externality. Fir an externality to occur, someone has to be affected.

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