Answer:
The value for I=65.72
Explanation:
Given;
-I + 96.87=(.38 x (-I +150))/1.04
The unknown is I, that we need t solve.
-I+96.87={(0.38×-I)+(0.38×150)}/1.04
Opening the brackets by multiplying 0.38 by -I and 150 respectively as follows;
-I+96.87=(-0.38I+57)/1.04
Open the larger bracket by multiplying (1/1.04) by 57 and -0.38 i respectively as follows;
-I+96.87=(-0.38I/1.04)+(57/1.04)
Solving;
-I+96.87=-0.36I+54.81
Collect all the like times on separate sides of the equation;
(I-0.36I)=96.87-54.81
Solving on either side of the equation;
(0.64 I)/0.64=(42.06/0.64)
Divide both sides of the equations to solve for the unknown, I.
I=65.72
The value for I=65.72
Which is bigger, in size? 300oz/900g OR 3.5lb
Answer:
Explanation:
3.5lb
Answer:
3.5lb
Explanation:
An ounce is the smallest unit for measuring weight
Based on what you learned in The Power of the Informal Economy video, what is the informal economy and how many people in the world's economy work in "System D"? Do you see evidence of an informal economy in the United States? Why or why not?
Answer:
1.8 billion people are employed in System D.
Explanation:
System D is a large informal economy. It is an open economic arena where everything is available. Though it is very large, it doesn’t include two-thirds of the workers in the world. The people who are a part of System D are about 1.8 billion people in the world. The economy is worth $10 trillion per year.
In informal economy varied set of economic activities happen. The enterprises, jobs and workers are not regulated or protected by the state. It is basically mean self-employment in small enterprises.
Yes, United States has an informal economy. Government does not tax or monitor the black market and market of illegal drugs.
Which option will cause a business to lose money from a failing product?
O
A. Rebrand the product
O
B. Spin off the product
O
C. Discontinue the product
O
D. Continue the product
Answer:
Which option will cause a business to lose money from a failing product?
D. Continue the product
Explanation:
A product can be considered to be failing when the market share of the product starts reducing. This typically implies that most customers are no longer satisfied by the benefits that product gives and that are beginning to look for better alternatives. However, there are strategies that can be utilized to ensure that the product regains it's original market share. These strategies include;
1. Re-branding
Re-branding is the act of creating a new product in the mind of the customer by changing symbols, signs and names that were initially associated with a failing product. This is done to convince the customer that the re-branded product is a different type of product with better qualities than the original product.
2. Spin off the product
A spin off is the creation of a company through the division of a failing department of that company. This serves two purposes, namely; it creates a perception of a new company from the failed department and it also protects the original company from it's departmental failures.
3. Discontinue the product
If a product is failing, removing it completely from the market and terminating it's production will help reduce loses associated with continuing to produce and sell it.
On the contrary, if one decides to continue a failed product, they business will continue suffering loses since the product will continue losing it's market share with time.
Describe an example of two products you could combine in a display in the store to show how they could work together. (1-2 sentences. 1.0 points)
Answer: Printer and Ink cartridge
Explanation: Complementary products are products that are bought and used together,these products require the presence of the other for it to be effectively used.
Examples of Complementary products are Printer and cartridge, pencil and eraser, shoe and polish etc this product are known as Complementary because the effective usage of one must be with the other.
Answer:
Face Cleaner and cotton pads
Explanation:
If you place face cleaner lotions or any other kind of face cream near cotton pads, women will likely relate the necessity of using both products. Since it is normal that creams or face lotions required something else to be applied.
Barney bought a small retail business a month ago. He plans to advertise it with the help of billboards and flyers to attract customers. Which type of expense would Barney’s business incur in the form of advertising?
A.
non-operating expense
B.
selling expense
C.
administration expense
D.
logistic expense
E.
production expense
Final answer:
Advertising expenses incurred by Barney's business for billboards and flyers are classified as selling expenses, and these are generally considered fixed costs as they do not vary with the number of sales or output.
Explanation:
Barney's decision to use billboards and flyers for advertising his small retail business results in certain types of expenses for his company. These costs, in particular, are classified as selling expenses since they are directly associated with the efforts to promote and sell products and services. In general accounting practices, advertising expenses are often seen as fixed costs because they do not typically vary with the number of sales or level of output of the business. Option B
In Barney's case, whether he attracts ten customers or a hundred, the cost of renting billboard space or printing flyers will remain the same, hence it is a fixed cost. Furthermore, advertising costs help in generating revenue by increasing brand awareness and customer attraction. Their role is integral in the selling process and is directly tied to the facilitation of sales.
Select the correct answer. Benjamin manages the inventory at a textile company. He learns that the vendor has notified the company about the price of color dyes increasing substantially beginning the next month. What best practice should Benjamin follow to avoid buying the supplies at a higher price? A. purchase color dyes in smaller amounts, as and when required B. purchase and stock color dyes in the current month C. reduce costs on other materials to free up funds D. increase the price of the final product whenever the input increases
Answer:
Benjamin manages the inventory at a textile company. He learns that the vendor has notified the company about the price of color dyes increasing substantially beginning the next month. What best practice should Benjamin follow to avoid buying the supplies at a higher price?
Benjamin should purchase and stock color dyes in the current month in order not to buy at a higher price the following month.
Explanation:
As an experienced inventory manager, Benjamin must as a matter of fact take advantage of such notification given to him by the vendor by purchasing and stock color dyes in the current month so that the company would avoid not to buy at a higher price in the next month. This rare available opportunity presents to the company would enable the company to make more profit because they would buy at a lesser price in the current month and sell at a higher price the next month when the price of dyes shoots up from the original price.
Answer:
The moot suitable answer is B. purchase and stock color dyes in the current month
Explanation:
As the vendor has informed of the price increase in advance, the best thing to do will be to estimate the required number of dyes and then purchasing a reasonable quantity in advance during this month.
Increasing the price of the final product might have a negative effect on sales and buying in small amounts may increase the overall purchasing costs.
Tell me about one of your most passionate beliefs and explain how it has an impact on the way you think, behave, attend events, communicate with others, etc.
Answer:
One of my most passionate beliefs is perceiving people in a non jugmental manner and it has impacted a lot in my life.
Explanation:
The belief that everyone is different including yourself and we cannot judge them by our values or beliefs that we perceive and believe as ours. It has impacted on the way I think and the way I perceive other people during my day to day life in communication and having conversation. This belief that I have lets me see people in a healthy manner without letting my own personal beliefs to judge themselves and also see the world from different perspective.
When buyers and sellers work together to determine the price
Answer:
This is called a free market.
Explanation:
A free market is an economic model where the rules of supply and demand dominate the market with limited interference from the authorities, mostly governments. The buyers and sellers in the economy engage in trade without any restrictions from the government. A free market is often characterized by spontaneous and unsystematic results where the major market players' decisions affect the economy. Although entirely free markets do not exist, research has shown that economies that have found a direct relationship between economic health of a country and free markets.
In a free market, the individual players determine the price as opposed to a market having government control. Individual traders utilize the forces of demand and supply to adjust the prices accordingly. For example; when the demand for a good or service is high, the price always starts rising causing most consumers to look for alternatives. When the consumers shift their demand to the alternatives, the price starts going down since the demand has also reduced. On the same note, when the supply of a good is too high, the price reduces since it is readily available to most consumers, however when the supply reduces, the price rises since most consumers have to struggle for the limited resource.
Which type of utility can only be added by the marker of the product
Which type of utility can only be added by the maker of the product? A. Place utility B. Possession utility C. Form utility D. Time utility
Answer:
Form utility can only be added by the maker of the product.
C. Form utility
Explanation:
Form utility includes preparing an item for utilization by changing over it to a structure that is more useful to customers than the crude materials used to make it. Form utility is the worth a purchaser finds in a completed item. Shoppers buy things, for example, furniture, gadgets or vehicles to a limited extent in light of the fact that the buyer is unequipped for finding and assembling all the parts to make the item.
Therefore selling a Latte as opposed to selling the material expected to make a latte is one case of a structure utility. There are four kinds of utility: structure, spot, time and ownership; together, they help to make consumer loyalty.
The type of utility that can only be added by the maker of the product is known as "Form Utility." This refers to the process of converting raw materials into finished products that are more valuable and useful to consumers.
Form utility refers to the value added to a product or service by changing its physical or conceptual form in a way that makes it more useful or desirable to customers. This can involve designing, assembling, or transforming raw materials into finished goods. Examples include manufacturing, packaging, and customization.
Form utility can only be added by the maker of the product because it requires direct control over the production process and the physical attributes of the product. Other types of utility, such as time utility (making products available when customers need them), place utility (making products available where customers need them), and possession utility (helping customers take ownership of products), can involve various parties along the supply chain, including distributors, retailers, and customers themselves.
In contrast, form utility is directly tied to the production process and the design decisions made by the product's creator or manufacturer. They determine how the product is made, what materials are used, and how it is shaped or structured to meet customers' needs and preferences. As a result, form utility is unique in that it requires the involvement of the product's maker to create and enhance the value of the product.
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The complete Question is,
Which type of utility can only be added by the maker of the product? A. Place utility B. Possession utility C. Form utility D. Time utility
What will you do to run a presentation from a computer on which you did not prepare the presentation, and how?
and use a
If you want to run the presentation from another computer, you need to copy it to a
to upload the presentation to the laptop.
Successfully run a presentation from a computer bye these steps.
Obtain the Presentation File:Transfer the Presentation File:Ensure Software Compatibility:Open and Run the Presentation:To run a presentation from another computer where you did not prepare the presentation, follow these steps:
1. Obtain the Presentation File.
- Copy the presentation file from its original source, such as a USB drive, email attachment, or cloud storage or Dropbox.
2. Transfer the Presentation File.
- Transfer the copied presentation file to the computer from which you intend to run the presentation. You can do this by copying the file to the desktop, a specific folder, or any preferred location on the new computer.
3. Ensure Software Compatibility.
- Make sure the computer where you plan to run the presentation has the appropriate software installed to open and display the presentation file. For example, if it's a PowerPoint presentation, ensure Microsoft PowerPoint or an alternative capable software is installed.
4. Open and Run the Presentation.
- Locate the presentation file on the new computer.
- Double-click on the presentation file to open it with the installed software e.g., PowerPoint.
- Navigate through the slides and run the presentation as needed.
Which of the following is a potential danger of offering common stock to investors
Answer:
The common stock does not allow the entrepreneur to raise enough money.
Explanation:
Common stock is the kind or type of the equity share which is issued by the entity or a corporation. The buyers of the common stock are known as the shareholders.
The common stock owners have no guarantees, but to accept the risk in exchange for the potential or higher gains rather than the safer investments. Though the liability of the shareholder is limited to the price paid for the common stock. It is considered to be a high risk investment.
So, the danger of offering the common stock is that it will not allow the business to raise adequate money.
XYZ Law Firm provided services for a cllent for $5,000 cash and provided service for another for $10,000 that will pay for the services in a later time period. How much revenue should be reported on the income statement of the current time.
a. $5000
b. $10,000
c. $15,000
d. $0
Answer: The income statement should reflect $15,000.
Explanation: The reason is because accounting procedures are always guided by certain principles or concepts. One of such concepts is the Realization Concept. This simply states that income is considered to have been earned when the goods/services have been dispatched /rendered to the client and the client has incurred liability for such (or has accepted his/her indebtedness). The Accrual Concept is also applicable in the above instance because this concept/principle states that revenues and expenses are recognized as soon as they are earned and incurred and not when money is expended or received. So basically, XYZ Law firm has provided services for two clients. One of them has paid while the other will pay sometime later. Both of them are already recognized as revenue and the current income statement will reflect revenue transactions to the tune of $15,000.
XYZ Law Firm should report a total of $15,000 on their income statement. This includes both the revenue already paid in cash and the revenue that will be paid at a later time.
Explanation:The subject is regarding the reporting of revenue on an income statement for a law firm. According to the accrual basis of accounting, revenue is recognized when the services are rendered, not necessarily when cash payment is received.
Therefore, even if the law firm hasn't received payment for some services yet, it still needs to report the revenue for those services if it has provided them. So, XYZ Law Firm should report a total of $15,000 ($5,000 that was paid in cash and $10,000 that will be paid later) on its income statement for the current period.
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Two significant parts of a market economy are _____ and _____ .
Answer:
The answers are Supply and demand. I hope this helped you and/or correct. Please mark me as brainliest.... Have a great day and stay safe!!!!!!! <3 :D
Explanation:
A market economy prominently features supply and demand and private property rights, which are augmented by government programs in a mixed economy to provide both privately and publicly offered goods and services.
Two significant parts of a market economy are supply and demand and private property rights. Supply and demand is a fundamental concept where prices adjust to reflect the amount of goods and services available for sale relative to the desire of buyers to purchase them. Private property rights refer to the ownership of resources by individuals or firms, allowing them to control the use of their property and the production of goods and services.
Mixed economies often utilize these market mechanisms alongside government programs to deliver both privately and publicly provided goods and services, such as wireless services available for purchase or law enforcement provided as a public service. This balance of private and government involvement is characteristic of most of the world's economies, including the efforts of entrepreneurs and the implementation of technology to effectively utilize an economy's factors of production.
What would be the situation if the price was moved from p2 to p1?
A)
the price would be too low
the price would be dropped
there would be a surplus of widgets
there would be a shortage of widgets
Select the correct answer from each drop-down menu. What classifications are possible for a company’s activities based on Porter’s value chain model? Based on Porter’s value chain model, a company’s activities can be classified as , which helps companies gain a competitive advantage, or , which acts as a barrier to success.
Based on Porter's value chain model,a company's activities can be classified as which helps companies gain a competitive advantage.
Answer: correct answer is (a)
Explanation:
Porter value chain model really help a company in gaining competitive advantage by adopting new methods and technologies in performing the task.It enables an organisation to find out those activities which are very important and those activities can be given proper attention.
Porter value chain is actually dividing the activities on the basis of priority.Focus is lead on those tasks which are very important and efforts are made to improve them as much as possible.
Porter value chain has divided the activities into two broad categories that is primary activities and secondary activities.
Primary activities are those which are of utmost importance like receiving,warehousing and inventory control of raw materials,converting raw material into finished goods,distribution of finished goods,marketing and sales.
Secondary activities include procurement,infrastructure,technological development.These activities support the primary activities.
Answer:
useful and wasteful
Explanation:
Which sentences in the passage demonstrate the fulfillment of the legal responsibilities of a financial exchange?
Anne is a manager in a financial exchange. She holds the customer responsible for ensuring the safety of their money stored in the organization. She issues an account statement annually that lists all the transactions made through a customer’s account that year. She allows customers to withdraw money only if the institution has sufficient cash reserves during the day. She provides details to customers regarding the money deposited in their accounts. However, she avoids sharing information with the customers about the amount withdrawn from their accounts over a period
The following statements fulfill the criteria.
Explanation:
- She issues an account statement annually that lists all the transactions made through a customer’s account that year.
This is her responsibility to keep a record of the transactions and make them available.
-She allows customers to withdraw money only if the institution has sufficient cash reserves during the day.
This is also following standard policy of the company
-She provides details to customers regarding the money deposited in their accounts.
This is also in terms with the privacy policy of most firms for consumers to have this information.
What should you do in order to view table tools such as the Design and Layout tabs?
Put the insertion point in the document just after the table.
Put the insertion point in the table so you are actively in the table.
Put the insertion point in the document just before the table.
Put the insertion point at the very beginning of the document.
Answer:
Put the insertion point in the table so you are actively in the table.
Explanation:
When it comes to using the "Microsoft Publisher," it is very important to know what elements are under each tab. For example, under the Table Tools tab, you'll be able to see the "Design" and "Layout" tabs.
The "Design tab" will allow you to make your table or edit it (including its borders). It will also allow you to format your table regarding its cells and arrangement. The "Layout tab" will provide you a selection of tools that you will be needing in order to arrange the rows and columns, delete or merge cells, control the alignment of cell margins, etc.
So, in order to view table tools, it is essential that you put your insertion point (the blinking vertical line that you see in your document) in the table so you are actively in the table. The insertion point will direct you to where you are going to actively work.
The use of peer ratings within work groups will most likely
Answer:
The use of peer ratings within work groups will most likely cause healthy competition among peers as well as improving their performance. Peer rating helps to push every individual to their best and this helps the organization increase in all ramifications as well as maximize profit.
Explanation:
Answer:
Explanation:
It will most likely cause demoralization towards work.
Eve runs a small business. She runs her business operations from a rented office. Eve has paid the office rent worth $10,000 for the next four months in advance. Under which component of her business’s balance sheet would this amount fall?
A.
current assets
B.
fixed assets
C.
current liabilities
D.
long-term liabilities
E.
owners’ equity
Answer:
C. Current liabilities
Explanation:
Answer:
fixed assets
Explanation:
B
Which terms describe an account that does not have sufficient funds to cover all the charges made to it ?
Answer:
Which terms describe an account that does not have sufficient funds to cover all the charges made to it?
It is called insufficient or low balance
Explanation:
When an account is unable to cover all charges made to it, it is said to be insufficient or low balance.
Vocabulary Word
business concept
Beneficiaries
feature
benefit
industry
Definition
A tool for organizing important
information about the competition.
Those most likely to buy your products
and services
The distribution channel through which
your product or service flows from the
producer to the customer.
A distinct aspect, quality, or characteristic
of a product or service
Something that promotes or enhances the
value of the proctor service to the
customer.
A group of businesses with a common
interest, such as financial services,
computers, retail, or groceries.
A clear and concise description of an
opportunity
H. End-users of the service.
Working model of a new product.
Describes how you intend to create and
capture value with your business concept.
target customers
competitive matrix
prototype
business model
value chain
Answer:
Explanation:
A tool for organizing important information about the competition.
competitive matrix
Those most likely to buy your products and services
target customers
The distribution channel through which your product or service flows from the producer to the customer. value chain
A distinct aspect, quality, or characteristic of a product or service
feature
Something that promotes or enhances the value of the proctor service to the customer. benefit
A group of businesses with a common interest, such as financial services, computers, retail, or groceries. industry
End-users of the service. Beneficiaries
Working model of a new product. Describes how you intend to create and
capture value with your business concept. prototype
Cups of coffee of milk tea are substitutes. assume both have in elastic demand. Suppose exceptionally good weather increases the harvest of the coffee bean crop
Exceptionally good weather increases coffee supply, possibly decreasing price; milk tea demand remains relatively unaffected due to inelasticity.
If exceptionally good weather increases the harvest of the coffee bean crop, it will likely lead to a higher supply of coffee beans in the market. With an inelastic demand for coffee, consumers will continue to purchase coffee even if the price decreases due to the increased supply. However, the increase in supply might not lead to a significant decrease in price due to the inelastic nature of demand.As coffee and milk tea are substitutes, an increase in the supply of coffee beans could have an indirect effect on the market for milk tea. When the price of coffee decreases due to the increased supply, some consumers may switch from drinking milk tea to coffee because it has become relatively cheaper. This could potentially decrease the demand for milk tea.However, since milk tea also has an inelastic demand, the decrease in demand may not be substantial. Some consumers may still prefer milk tea despite the relative price decrease of coffee. Additionally, other factors such as taste preferences, habit, and availability of milk tea options may also influence consumer choices. Overall, while an increase in the harvest of coffee beans due to exceptionally good weather may lead to a decrease in the price of coffee and potentially a slight decrease in the demand for milk tea as some consumers switch to coffee, the overall impact on the market for milk tea may not be significant due to its inelastic demand. Consumers who have a strong preference for milk tea may continue to purchase it despite changes in the price of coffee.
How motivation, stress and time Management can influence workplace dynamics
Answer:
See explanation
Explanation:
Motivation is an essential thing in any organization. Motivation can seriously affect an employee's work motive. If a manager motivates his or her employees positively, it will be an increase in the productivity level. Nowadays, every organization offers its employees a motivational training every month or quarterly to increase employee productivity. Incentives and bonuses are the key motivators.
Heavy workload is the underlying reason for stress that influences workplace dynamics. If there is work-related stress, employee turnover will be increased. Experienced employees will be moved to other places.
Time management is one of the most potent work dynamics for any employee and organization. As an organization sets a specific time for each employee to produce a specific amount of products, it will profoundly influence employees' performance. Therefore, an organization can motivate its employees by giving a specific commission with the help of setting time management. It will create stress and influence workplace dynamics.
Answer:
Motivation o
Explanation:
Select the correct answer. David was planning the launch of a waste-treatment facility in the suburbs. He had already lined up the machinery that he would need to buy for his factory. Under which factor of production would David classify the cost of his machinery? A. land B. labor C. capital D. entrepreneurship
Answer:
Under which factor of production would David classify the cost of his machinery?
C. capital
Explanation:
Factors of production can be defined as all the things that are needed to produce goods and services. They are generally referred to as inputs needed to create desired output. The factors of production include; land, labor, capital and entrepreneurship.
1. Land as a factor of production
Land as a factor of production is a broad perspective that can be divided into three main groups, namely; agricultural land that can be prepared to grow crops, land as a resource for developing real estate and also land that has natural raw materials that can be extracted and utilized for economic consumption.
2. Labor as a factor of production
Labor is the natural effort by an individual to bring a product into the market. It can take many forms, namely; a farmer who works on his/her land to grow crops that are then sold in a market or even a waitress offering her services at a hotel.
3. Capital as a factor of production
Capital in the literal sense refers to money as a factor of production, however the money itself only serves as a means by which other factors of production can be acquired for production. Capital can therefor be considered as the purchased good or service needed for production. It means that machinery and equipment can be considered as capital.
4. Entrepreneurship
This involves the use of all other factors of production to create one product or service for commercial purposes.
Which ranks careers based on their percentage of self-employment from lowest to highest?
Real Estate Manager → Cosmetologist → Pedicurist → Child Care Worker
Child Care Worker → Pedicurist → Cosmetologist → Real Estate Manager
Pedicurist → Child Care Worker → Cosmetologist → Real Estate Manager
o Cosmetologist → Pedicurist → Real Estate Manager → Child Care Workers
Answer:
The correct answer is A
Explanation:
Self employment is the term which is described as the employment of the workers, employers who work for themselves, unpaid family workers and the members of the cooperative producers.
The ranks of career is grounded on the % of the self employment, which is lowest is the real estate manager, then the cosmetologist, further followed by pedicurist and the highest is the child care worker.
The correct answer is C) Pedicurist → Child Care Worker → Cosmetologist → Real Estate Manager.
That is the correct rank from the lowest to the highest.
Self-Employment is a good option when the job market is down and is difficult to find work opportunities in the corporate world. More people are preferring to learn and activity instead to spend too much money and getting a huge debt in college. Many consider themselves as entrepreneurs and decide to go by themselves to open a business. The number one profession for self.employment is Real State Managers.
Question 9 of 10
Which number would a tax payment be likely to have in a chart of accounts?
O A. 3500
O B. 2300
O C. 1400
O D. 4700
Answer:
B 2300 it's a number would a tax payment in a chart of accounts
Final answer:
In a chart of accounts, tax payments are usually classified as an expense and are likely to have higher account numbers like those starting in the 4000 series, with 4700 being a plausible number for tax payments.
Explanation:
In a chart of accounts, which is a system that lists various accounts that a business uses to organize its financial transactions, each type of transaction is assigned a unique account number. When it comes to tax payments, they are typically included in expense accounts. In most chart of accounts systems, expense accounts have higher account numbers, usually starting in the 4000 or 5000 series. Therefore, the number that a tax payment would likely have in a chart of accounts is D. 4700. This selection assumes the use of a commonly applied numbering system where the numbers in the 4000 series indicate expense accounts, and this range is where tax-related expenses would be classified.
Chuy wants to buy a new television. The television costs $1,350. Chuy decides to save the same amount of money each
week, for 27 weeks. After 8 weeks Chuy saved $440. Which of the following conclusions can you make about Chuy's plan?
Answer: we can conclude Chuy plans to save $55 a week
Explanation:
Chuy saves $55 per week and after 8 weeks has saved $440. If Chuy continues to save at this rate for the remaining 19 weeks, he will surpass his goal of $1,350, indicating his plan is successful.
Chuy plans to save the same amount of money each week for 27 weeks to purchase a new television that costs $1,350. After 8 weeks, Chuy has saved $440. To determine the feasibility of Chuy's savings plan, we need to calculate the weekly savings amount and then project if saving this same amount for the remaining 19 weeks will allow Chuy to reach the goal of $1,350.
To find the weekly saving amount, we divide the current savings by the number of weeks: $440 / 8 weeks = $55 per week. Then, we multiply the weekly saving rate by the total number of weeks Chuy plans to save: $55 per week x 27 weeks = $1,485. This means that if Chuy continues to save at this rate, he will have saved enough money to buy the television with some extra savings left over.
What is the difference between public goods and services and private goods and services?
Answer: 1-Public goods are those which are free to use and therefore there is no cost involved in usage of such products whereas for private product one has to pay in order to use them. 2-Examples of public goods are air, roads, street lights and so on whereas examples of private goods are cars, cloths, furniture and so on.
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How might a trade deal that allows two nations to freely exchange goods affect the circular flow of income? Neither country is likely to experience a change in its economy. One country is more likely than the other to see its economy expand. The economies of both countries will likely grow due to an income increase. The economies of both countries will likely slow down due to an income decrease.
THE ANSWER IS C!!!
The economies of both countries will likely grow due to an income increase.
Answer: Option C.
Explanation:
Global exchange known as international trade is the trading of capital, products, and administrations across worldwide fringes or regions. At the point when exchange happens between at least two countries factors like cash, government strategies, economy, legal framework, laws, and markets impact exchange.
Exchanging universally offers shoppers and nations the chance to be presented to merchandise and ventures not accessible in their own nations, or which would be progressively costly locally.
Answer:
I agree C
Explanation:
Match the role with the correct example of someone playing that role.
Worker
Car owner
Producer
Factory owner
Consumer
Auto mechanic
Answer:
Role Example
Worker → Auto mechanicConsumer → Car ownerProducer → Factory ownerExplanation:
Three types of economic roles are consumers, producers, and workers.
The role of the consumer is to buy the goods and services. The sum of the consumptions of a good or a services constitute the demand of the product. Thus, the consumer purchases and use the products, which is a car owner does.
The role of the producer is to produce the good and services. The sum of the quantities produced of a good or service by the different producer of a same product constitute the supply of the product. Thus, the producer posseses the assets to make the products available, which is what a factory owner represents.
The worker puts the labor. The workers are an essential part of an economy too, such as the consumers and the producers, because they make the goods or service by their own work. The auto mechanic, who works fixing cars, is an example of a person playing the role of worker.
Answer:
Other answers was correct
Explanation: