Business, 05.07.2019 03:40 QueenNerdy889

10. who decides how goods and services will be produced in a command economy? a. private business owners b. entrepreneurs c. individual consumers d. the government 11. why are retired people hurt by inflation? a. they're afraid of change. b. retired people often buy products that are especially likely to experience inflation. c. they live beyond their means. d. since they're on fixed incomes, their income doesn't rise to meet higher prices. 12. what term describes the rise in prices of most goods and services? a. deflation b. inelasticity c. inflation d. recession 13. what's a possible opportunity cost when you spend $100 on a pair of sneakers? a. $110 after inflation b. not being able to spend that $100 on some furniture for your house c. not being able to buy sneakers again d. $100 14. if a worker is free to quit a job and find a new job at another place of employment, what us economic goal has been met? a. economic security b. economic freedom c. economic justice d. economic stability 15. a useful characteristic of money is that money a. allows us to compare the values of goods and services. b. is something that everyone wants. c. is only printed by the us government. d. is difficult to count accurately. 16. the profit motive is important to a market economy because it a. encourages people to open businesses and invent new products. b. allows the government to collect extra in taxes. c. allows workers to get paid. d. encourages consumers to buy more products. 17. the price is the point at which supply and demand for a good are equal. a. elastic b. market c. perfect d. middle

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 14:30

When marietta chooses to only purchase a combination of goods that lie within her budget line, she: is decreasing utility. is maximizing utility. likely has negative savings. must reduce the quantity?

Answers: 2

Answer

Business, 22.06.2019 12:00

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

Answers: 1

Answer

Business, 22.06.2019 19:10

Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.

Answers: 3

Answer

Business, 22.06.2019 21:10

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.

Answers: 1

Answer

You know the right answer?

10. who decides how goods and services will be produced in a command economy? a. private business o...

Questions