i. Organized Exchanges: Organized exchanges, also known as stock exchanges or securities exchanges, are centralized and regulated marketplaces where buyers and sellers trade securities.
These exchanges provide a platform for the efficient buying and selling of securities, including stocks, bonds, options, futures, and other financial instruments. Examples of organized exchanges include the New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange, and Tokyo Stock Exchange.
Characteristics of Organized Exchanges:
Centralized Marketplace: Organized exchanges provide a centralized marketplace where buyers and sellers can come together to trade securities. They have physical trading floors or electronic trading platforms that facilitate the matching of buy and sell orders.
Regulation and Oversight: Organized exchanges are subject to regulatory oversight by government authorities to ensure fair trading practices, investor protection, and market integrity. Regulatory bodies set rules and regulations governing listing requirements, trading procedures, disclosure standards, and market conduct.
Standardized Trading Rules: These exchanges have standardized trading rules and procedures that all participants must follow. These rules govern order types, trading hours, price discovery mechanisms, and transaction settlement processes.
Transparency: Organized exchanges provide transparency in price discovery and order execution. Market participants can access real-time trading information, including bid and ask prices, order sizes, and trade volumes. This transparency promotes fair and efficient trading.
Liquidity: Organized exchanges generally have high liquidity due to the presence of numerous buyers and sellers. This liquidity enables participants to buy or sell securities with relative ease, minimizing transaction costs and facilitating price efficiency.
Listing Requirements: Companies wishing to list their securities on an organized exchange must meet specific listing requirements. These requirements typically include financial performance criteria, minimum market capitalization, corporate governance standards, and disclosure obligations.
ii. Over-the-Counter (OTC) Market: The over-the-counter (OTC) market refers to a decentralized marketplace where trading of securities takes place directly between participants, without a centralized physical or electronic exchange.
In the OTC market, buyers and sellers trade directly with each other or through intermediaries such as broker-dealers. The OTC market encompasses a wide range of securities, including stocks, bonds, derivatives, and foreign currencies.
Characteristics of the OTC Market:
Decentralized Trading: Unlike organized exchanges, the OTC market does not have a centralized physical location or trading floor. Trading occurs through various communication channels, such as telephone, electronic trading platforms, or direct negotiation between participants.
Informal Structure: The OTC market has a more informal structure compared to organized exchanges. There are no strict listing requirements or regulatory oversight applicable to all OTC securities. However, specific regulations may apply to certain securities or participants.
Limited Transparency: The OTC market typically has less transparency compared to organized exchanges. Trading information, including bid and ask prices, may not be readily available to the public. Instead, prices and terms of OTC transactions are negotiated directly between the parties involved.
Flexibility: The OTC market offers greater flexibility in terms of trade size, contract terms, and negotiated pricing. Participants can customize transactions based on their specific requirements, which may not be possible or practical in the standardized environment of organized exchanges.
Market Participants: The OTC market involves various participants, including institutional investors, broker-dealers, market makers, and individual traders. Market makers play a crucial role in facilitating liquidity by providing quotes for buy and sell orders.
Risk and Counterparty Exposure: Trading in the OTC market involves counterparty risk, as participants have direct exposure to the creditworthiness and performance of the counterparties they transact with. This risk is mitigated through due diligence, credit assessments, and contractual arrangements.
Diverse Range of Securities: The OTC market accommodates a wide range of securities, including less liquid or smaller company stocks, corporate bonds, derivatives, and other specialized financial instruments. It provides opportunities for trading securities that may not be listed on organized exchanges.
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bernie is a former executive who is retired. this year bernie received $220,000 in pension payments and $10,800 of social security payments. what amount must bernie include in his gross income?
In the given scenario, Bernie, a retired executive, received $220,000 in pension payments and $10,800 in Social Security payments. To determine the amount Bernie must include in his gross income, we need to consider the taxability rules for pension and Social Security income.
Pension Income:
Pension income is generally taxable and must be included in gross income. Therefore, Bernie needs to include the full amount of $220,000 in his gross income.
Social Security Income:
The taxability of Social Security benefits depends on Bernie's total income and filing status. If Bernie's combined income (adjusted gross income + nontaxable interest + half of Social Security benefits) exceeds certain thresholds, a portion of his Social Security benefits may become taxable.
To calculate the taxable portion of Social Security benefits, Bernie needs to use the appropriate worksheet in the IRS Publication 915 or consult a tax professional.
In summary, Bernie must include the full $220,000 pension income in his gross income. The taxable portion of his Social Security benefits will depend on his total income and should be determined based on the applicable IRS rules.
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Identify the relevant auditing standards (PCAOB, AICPA, and IAASB) relating to communicating with audit committees. Locate the standards on each organization’s website.
Compare the scope of communication intended in the PCAOB standard versus that of the harmonized AICPA/IAASB standards.
How do the AICPA/IAASB standards define "those charged with governance"?
The PCAOB standard notes that the prior auditing standard relating to this topic, AU 380 (1989), indicated that audit committee communications are incidental to the audit. The new PCAOB standard takes quite a different approach, articulating the critical importance of audit committee/auditor communication throughout the year, and certainly before the issuance of the audit report. Comment on why you think the profession has shifted its focus in this regard so significantly.
According to the PCAOB standard, what are the four objectives of the auditor in communicating with the audit committee?
The relevant auditing standards for communicating with audit committees are as follows:
PCAOB (Public Company Accounting Oversight Board):
PCAOB Standard No. 16, Communications with Audit Committees
The standard can be found on the PCAOB's website under "Standards."
AICPA (American Institute of Certified Public Accountants) and IAASB (International Auditing and Assurance Standards Board):
AICPA and IAASB have harmonized their standards on communicating with those charged with governance. The relevant standards are:
AICPA - AU-C Section 260, The Auditor's Communication with Those Charged with Governance
IAASB - ISA 260 (Revised), Communication with Those Charged with Governance
These standards can be found on the AICPA's and IAASB's websites under "Standards and Guidance."
The scope of communication intended in the PCAOB standard is more comprehensive compared to the harmonized AICPA/IAASB standards. The PCAOB standard emphasizes the importance of continuous communication with the audit committee throughout the year, including discussions about the audit plan, significant audit findings, and the auditor's independence. The AICPA/IAASB standards also cover similar topics but may have some differences in specific requirements.
The AICPA/IAASB standards define "those charged with governance" as the individuals or organizations with responsibility for overseeing the strategic direction of the entity and obligations related to the accountability and financial reporting process.
The shift in focus by the profession regarding audit committee/auditor communication can be attributed to several factors. These include a greater emphasis on corporate governance and accountability, increased regulatory scrutiny, and the recognition of the audit committee's vital role in ensuring effective financial reporting and audit quality.
According to the PCAOB standard, the four objectives of the auditor in communicating with the audit committee are:
To provide an overview of the overall audit strategy, including timing and significant risks.
To communicate significant audit findings, including any material weaknesses in internal control.
To discuss the auditor's evaluation of the entity's financial statements and significant accounting policies.
To address other matters required to be communicated by auditing standards, laws, or regulations.
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Write an Essay of around 2500 words on the following: Culture
plays a major role in International Business Negotiations.
Executives from different countries prefer using different styles
and technique
Culture plays a major role in international business negotiations as executives from different countries prefer using different styles and techniques.
In the globalized world of business, negotiating across borders has become a common practice. However, successful negotiation outcomes are not solely dependent on business acumen and strategy.
The cultural context within which negotiations take place significantly influences the process and outcomes. This essay explores the role of culture in international business negotiations, highlighting how executives from different countries prefer using different styles and techniques.
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china has been accused of prohibiting u.s. companies that offer cloud computing from offering their services in china. which argument best explains this?
China is most probably doing that to protect local companies that are involved in the cloud computing.
Countries have been known to try to help local companies that are engaged in certain services by prohibiting foreign companies that are engaged in those same services from operating locally.
This is done to allow the local companies to be the only ones offering the service which would allow them to grow without facing foreign competition.
Other ways countries do this include:
By introducing tariffs By introducing import quotasIn conclusion, China was most likely protecting companies in China that offer cloud computing from competition from U.S. companies which offer the same thing.
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What is an advantage of radio advertising? It offers an excellent combination of reach and frequency. It is free from the problem of advertising clutter. It provides scope for unlimited creativity. It is a cost-effective method to reach all markets. It benefits from being long-lived and widely remembered.
Answer:
It offers an excellent combination of reach and frequency
Explanation:
The question basically seeks to extract the advantage of radio advertising in contemporary time. It must be noted that there are varying forms of advertisements, with one edging the other by one feature or the other.
The feature that ultimately stands radio advertising is the ubiquitous nature of its distribution. Simply put, it offers an excellent combination of reach and frequency. The implication of this is that the messages and information being passed out from this medium commands a far reach, attention and feedback from the larger audience.
While other listed options could be relevant, it must be stated that option A is the feature that categorically set radio advertisements apart from others.
superior razors: the marketing research process firms invest billions of dollars in marketing research every year. why do marketers find this research valuable? first, it helps to reduce some of the uncertainty under which they constantly operate. successful managers know when research might help their decision making, and they take appropriate steps to acquire the information they need. second, marketing research provides a crucial link between firms and their environments, which enables firms to be customer-oriented because they build their strategies using customer input and continual feedback. third, by constantly monitoring their competitors, firms can respond quickly to competitive moves. this activity is important because it helps contextualize a firms' marketing research investment. marketing research involves five key steps. the goal of this activity is to define those steps and to help you recognize the actions that must take place within each step. first, read about superior razors' plans to determine how well its men's shaving products are performing against the competition. then click and drag each action to the corresponding step in the marketing research process that represents that action. the marketing team at superior razors, a producer of a national brand of men's shaving products, is trying to find out how well the company is doing in comparison to its competition and to hypothesize how it will fare in the near future. superior razors is evaluating its competitive position in the shaving products market. superior has already determined its market share by evaluating the company's sales during a particular time frame relative to total industry sales. next, it wishes to determine how to achieve the best sales results over the next two years. it will identify the type of data that should be collected and the type of research needed to collect the data. past research has shown that loyalty is often, but not always, an important decision influencer for men's shaving products. after re-interpreting data collected from prior research projects, researchers at the firm conclude that when women do the shopping, they are loyal to a specific brand, whereas men are most interested in spending less. the company wants to determine through a questionnaire which group to target: married women, emphasizing the current promotional message, or single men, offering a new price performance message.
The marketing research process involves five key steps identification, research design, data collection, data analysis, and report preparation and presentation.
What are those five steps?
The marketing research process consists of five key steps: problem identification, research design, data collection, data analysis, and report preparation and presentation. The goal of marketing research is to reduce uncertainty, build customer-oriented strategies using customer input and feedback, and monitor competitors to respond quickly to competitive moves.
In the case of Superior Razors, the company is evaluating its competitive position in the shaving products market and wishes to determine how to achieve the best sales results over the next two years. To do so, they will identify the type of data to be collected and the type of research needed, such as through a questionnaire to determine which group to target: married women or single men.
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if a small country imposes a tariff, then group of answer choices the world price on that item will shift. the producers must suffer a loss. the consumers must suffer a loss. the government revenue must suffer a loss. the demand curve must shift to the left.
If a small country imposes a tariff, then consumers must suffer a loss.
The tariff has a negative impact on the consumers of the importing country. Market consumer surplus is decreased by the rise in domestic prices for both imported and domestic items.
The tariff benefits the producers in the importing country. The increase in product price raises the market producer surplus. As a result of the tariff, the government also gets benefitted. These funds assist a variety of government expenditure initiatives, helping the government as a whole.
What are tariffs?A tariff is a levy imposed on imports and exports of goods. When a tariff is applied to a product, the price of that product increases. Tariffs are generally levied on imports.
What is the purpose of tariffs ?
Generally, tariffs are employed to safeguard a nation's economic interests. Tariffs can:
Help domestic businesses sell more products by increasing the price of some imported commodities.Help in employment generation.Protect emerging firms from global competition.To know more about tariffs, visit :
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Which of the following are traits of successful entrepreneurs?
quits when he or she fails
doesn't make the same mistake twice
is self-assured
relies on everyone else to get the job done
Answer:
Self assured and doesn't make the same mistake twice
Explanation:
Hope this helps!
When the price of a loaf of garlic bread increases by 5 percent, the quantity of lasagna demanded decreases by 3 percent.Calculate the cross elasticity of demand for lasagna with respect to the price of a loaf of garlic bread.The cross elasticity of demand for lasagna with respect to the price of a loaf of garlic bread is _____
The cross elasticity of demand assesses how precisely the quantity of one commodity is requested in response to a change in the price of another good. It is computed by dividing the percentage change in the first good's quantity sought by the second good's price change. For the cross elasticity of demand for lasagna with respect to the price of a loaf of garlic bread.
Given: the price of garlic bread increases by 5 percent, the quantity of lasagna demanded decreases by 3 percent
How can we calculate the cross elasticity of demand for lasagna w.r.t? To the loaf of garlic bread?
Cross elasticity of demand = (% change in quantity demanded of lasagna) / (% change in price of garlic bread)
The values, we get:
Cross elasticity of demand = (-3%) / (5%) = -0.6
Therefore, the cross elasticity of demand for lasagna with respect to the price of a loaf of garlic bread is -0.6. This means that the two goods are somewhat complementary, as an increase in the price of garlic bread leads to a decrease in the quantity demanded of lasagna.
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Which profession do you prefer ro choose for your career?Engineer or Architect? Why?
Answer:
Architects
Explanation:
In my opinion,
Architects create new design concepts that push how modern day construction is executed.Architecture is one of the few professions that is never static.” Recently, architects have become more and more concerned with environmental and socially responsible building practices and materials.According to adam smith, _____ determines what gets produced, how, and for whom.
According to Adam Smith, demand determines what gets produced, how, and for whom.
What to produceWhat gets produced, how, and for whom are important question that needs to be answers before production.
It helps to knows target market and the quantity demanded. The demand will inform the quantity of goods to produce and when to produce.
Demand is very crucial in answering the question of when and how to produce.
Therefore, According to Adam smith, demand determines what gets produced, how, and for whom.
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You sent a reinstatement application to the regulatory agency 75 days ago. You have not received a reply. At this point you should
Now that 75 days have passed without a response to your reinstatement application to the regulatory agency, it would be prudent to take proactive measures to find out the status of your application.
Think about physically going to the regulatory agency's location. You will be able to speak with someone directly, inquire about the status of your application, and obtain any necessary updates or information by doing this.
To find out how your application for reinstatement is progressing, you can also call them. Ask for clarity regarding the status of your application while remaining courteous and professional.
It's usually a good idea to be proactive when dealing with official procedures like reinstatement applications, and both contacting and physically visiting are efficient ways to learn the information you require about the status of your application.
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Your complete Question was as follows:
You sent a reinstatement application to the regulatory agency 75 days ago. You have not received a reply, at this point: To get information about the letter you sent them, a reinstatement application, or a reinstatement, you should personally visit them at their office or give them a call.
A high-net-worth investor is seeking your advice as an experienced portfolio manager on what portfolio management strategies to adopt for fixed-income investing vs. equity investing. i. inform the investor of the type of portfolio manager you are, your goals as a portfolio manager and the strategies you can employ to both fixed income and equity investments. [25 marks] ii. the investor is concerned about the term structure of interest rates and how credit ratings can affect their portfolio. critically discuss.
She ought to put money into a money market fund.An open-ended mutual fund called a money market fund invests in short-term debt instruments.
Like bank deposits, money market funds are typically thought of as being quite safe and offering a greater rate.When investing in mutual funds, money from investors is collected, invested in stocks, bonds, and other assets, and then the portfolio is managed on behalf of the investors.An investment vehicle known as a mutual fund pools the money of its shareholders to buy securities including stocks, bonds, money market instruments, and other assetsMutual funds are managed by qualified money managers who distribute the assets with the goal of boosting investors' income or capital gains.Mutual Fund Shares: When Can They Be Sold?Mutual fund shares are thought of as liquid assets that may be sold whenever you want, but you should carefully check the fund’s exchange and redemption fee policies. Tax consequences from capital gains from mutual fund redemptions are also possible.
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A team may be charged with coming up with a new marketing slogan which is what kind of task? a. Production b. Idea generationc. Directing d. Problem-solving
3. Nat wants the benefits of investing but is very afraid of losing money. She is also
uncomfortable about not being able to access her money for longer periods of time. Which
bonds may be right for her?
Nat wants the benefits of investing but is very afraid of losing money. The bonds that may be right for her are
Short-term bondsTreasury bondsMunicipal bondsWhat are Treasury bonds?Generally, It sounds like Nat may be interested in investing in bonds that have a lower level of risk and that provide more frequent opportunities for her to access her money. There are a few types of bonds that may fit these criteria:
Short-term bonds: These bonds have maturities of one year or less, which means they will mature and pay back the principal relatively quickly. This can provide Nat with more frequent access to her money. However, short-term bonds tend to have lower yields compared to longer-term bonds, so they may not provide as much income.
Treasury bonds: Treasury bonds are issued by the U.S. government and are considered to be some of the safest bonds available. They have a reputation for being very stable, so Nat may feel more comfortable investing in them. Treasury bonds can have maturities of up to 30 years, but they can also be purchased in shorter terms.
Municipal bonds: Municipal bonds are issued by local governments and other public entities and are used to fund public projects such as schools, hospitals, and infrastructure. They tend to have lower default rates than corporate bonds and can be a good option for investors who are looking for a relatively safe investment. Municipal bonds are also tax-exempt, which can make them an attractive option for investors in higher tax brackets.
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5 objectives of an entrepreneur.
Answer:
Explanation:
An entrepreneur is a person that sets up a business for the aim of making profits and of social benefits to the society . An entrepreneur bears the risks and rewards alone.
The five objectives of an entrepreneur are listed as below.
1) Profit making: This is one of the primary objectives of an entrepreneur and it is a basis on which some other objectives are built , being a source of cash generating to achieve other objectives.
2)Acquiring the right talents and skills ; An entrepreneur will like to have the right skills and talent in his team for efficiency , effective and economy purposes.
3)Growth ; An entrepreneur aims at growth as the level of profit generated is directly related to the growth attained. The higher the growth, the higher the profit.
4)Sustainability : Another goal is sustainability . He will work towards maintaining his position in the market to ensure going concern . Every business is confronted with competition which can take a business down if not well managed.
5)Online positioning : Taking advantages of online opportunities is critical to success in businesses. He will like to leverage on online opportunities for growth and sustainability.
you have to talk about trade between different nations,Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also. you have to talk about trade between different nations
Answer:
hi u can be my friend
Explanation:
old plz
fitb. ____ refers to customers' ability to regulate the information they view and the rate and sequence of their exposure to that information.
Selective exposure refers to customers' ability to regulate the information they view and the rate and sequence of their exposure to that information.
Selective exposure refers to the process by which individuals actively seek out, choose, and regulate the information they are exposed to. It involves customers' ability to control the type of information they consume, as well as the timing and order in which they encounter it.
In today's information-rich environment, where individuals have access to a vast array of media channels and content, selective exposure plays a crucial role in shaping individuals' information consumption patterns. Customers selectively expose themselves to information that aligns with their existing beliefs, preferences, and interests. They seek out sources that confirm their existing views and avoid information that challenges or contradicts their beliefs.
Selective exposure has implications for marketing and advertising strategies. Marketers need to understand customers' selective exposure tendencies to effectively reach and engage their target audience. By tailoring messages and content that resonate with customers' preferences and values, marketers can increase the likelihood of capturing customers' attention and influencing their behavior.
Furthermore, selective exposure can contribute to the formation of information bubbles or echo chambers, where individuals are primarily exposed to content that reinforces their existing beliefs, leading to potential polarization and limited exposure to diverse perspectives.
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Guya paid 20% more for a name-brand entertainment system than a generic one would have cost.assuming the generic system was $400, how much did he pay for his entertainment system
Answer:
$480
Explanation:
Find 1% of the cost.
100% = 400
1% = 400 ÷ 100 = 4
Since they are asking for entertainment system, which costs 20% more than the generic, find out 120%.
120% = 4 x 120 = 480
what are the advantages of trimming of fruits ?write
You have the opportunity to purchase a 25-year, $1,000 par value bond that has an annual coupon rate of 9%. If you require a YTM of 7.6%, how much is the bond worth to you?
The bond is worth approximately $506.71 , given your required yield to maturity of 7.6%.
How to Calculate the Worth of Bond?To reckon the present profit of the bond, we need to discount the future cash flows (coupon fees and the face value) at the necessary yield to adulthood (YTM) of 7.6%. The formula for the present profit of a bond is:
PV = C × (1 - (1 + r)⁽⁻ⁿ⁾) / r + F / (1 + r)ⁿ
Where:
PV = Present value of the bond
C = Annual advertisement payment
r = Yield to adulthood (YTM)
n = Number of years to adulthood
F = Face value of the bond
Let's plug in the given principles:
Coupon payment (C) = 9% of $1,000 apparent worth of something = $90
Yield to maturity (r) = 7.6% or 0.076
Number of age to adulthood (n) = 25
Face value (F) = $1,000
PV = $90 × (1 - (1 + 0.076)⁽⁻²⁵⁾) / 0.076 + $1,000 / (1 + 0.076)²⁵
Now, let's reckon the present advantage:
PV = $90 × (1 - 1.076)⁻²⁵⁾/ 0.076 + $1,000 / 1.076²⁵
PV = $90 × (1 - 0.1937) / 0.076 + $1,000 / 1.076²⁵
PV = $90 × 0.8063 / 0.076 + $1,000 / 1.076²⁵
PV = $72.57 + $434.14
Adding the two principles:
PV = $72.57 + $434.14
PV = $506.71
Therefore, the bond is worth nearly $506.71 to you, given your necessary yield to adulthood of 7.6%.
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How does specialization affect voluntary exchange between countries?
Answer:
It increases voluntary exchange by encouraging other countries to be less self-sufficient
Explanation:
interview any business owner on impact of crime
Answer:
Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.
Explanation:
I hope this helps you sorry if it doesn’t
Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company has a global reputation for generating the highest revenues for their entertainers based on lucrative event triangles. What is the most critical factor in a successful event triangle?
A.
as much advertising to fans as possible
B.
mutually beneficial exchanges
C.
selling as much merchandise as possible
D.
choosing the right sponsors
Answer:
A. as much advertising to fans as possible
Explanation:
The event triangle is made up of these 3 components
1. The participants
2. The sponsors
3. The spectators
Here the fans represent the spectators. They are the most critical factor of the event triangle .
The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.
The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.
Primarily they provide necessary financial support for the event plus the money made from adverts.
Why do you think a higher percentage of those over 35 years old invest in the market compared to those under 35? Help please!
Answer:
Yes I think those over 35 invest in a market compared to people not 35, because they been though school, and have more experience in the market company.
Explanation:
money that has been spent and cannot be recovered is known as costs.
A sunk cost is money that has already been spent and cannot be recovered. In business, the axiom that one has to "spend money to make money" is reflected in the phenomenon of the sunk cost.
What is Sunk Cost?Sunk Costs are those costs that cannot be recovered by any means, i.e., money, once invested, is gone forever.
They should not be considered for making any future decisions like whether to continue the investment or not, as these costs cannot be recovered, and decisions should only be made based on relevant costs.
Sunk costs are considered fixed costs, but remember that all fixed costs are not considered sunk costs.
One simplest example of sunk cost is employees working on a probation period. You have paid a joining bonus to the probationer, but the results aren’t satisfactory, so you terminate the probation contract and fire the probationer from their job. The joining bonus is considered a sunk cost, as you won’t be seeing it again.
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Money that has been spent and cannot be recovered is known as sunk costs.
What is sunk costs?Sunk costs are sometimes called a retrospective cost, referring to an investment already incurred that can’t be recovered. Examples of sunk costs in business include marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses. By comparison, opportunity costs are lost returns from resources that were invested elsewhere.
Economists suggest that, in theory, sunk costs are not relevant to future decision-making. In practice, however, sunk costs can and do significantly influence decisions about the future. This is largely because it’s psychologically challenging to let go of previously invested time, effort, or financial resources even if the outcome of those investments fails to meet expectations. A sunk cost refers to money that has already been spent and cannot be recovered.
A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.
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How does a command economy answer the three economic questions?
(1) what to produce, (2) how to produce, and (3) for whom to produce.
Answer:
key terms in purest from a market economy answers the three economic questions by allocating resources and goods through markets where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.
Answer:
is it (3) for whom to produce.
Explanation:
Which resource can you use to view business or suppliers divided into different categories?
You may use online or offline (blank) to view businesses or suppliers classified into different categories.
Answer:
yellow pages
Explanation:
Answer:
It's "Yellow Pages"
Explanation:
I got it right!!
Miguel choose to save for a car instead of traveling around Europe with friends. Though he was sad to miss the trip, he knew it was necessary if he wanted the car. What does this scenario BEST demonstrate?
A.
opportunity cost
B.
inflation
C.
passive income
D.
personal risks
Answer:
A. opportunity cost
Explanation:
Opportunity cost is the foregone benefit as a result of not choosing a particular option. It is the forfeited advantage in the decisions making process.
Miguel forfeited visiting Europe save for a car. He sacrificed the satisfaction of visiting Europe to buy the car. The sacrificed joy is the opportunity cost.
Answer:
opportunity cost
Explanation:
A(n) ______is a category of jobs that involve similar interests and skills.
A: occupational area
B: career area
C: employment area