The market system provides a way to harness self-interest, allocate goods and services, allow specialization and exchange to work in tandem and improve the well-being of mankind. Therefore, the main answer to the question is that all of the above options are correct.
The market system is also known as capitalism, and it is an economic system where the means of production and distribution are mostly owned and controlled by private individuals and corporations. In the market system, prices are determined by the interaction of supply and demand, and individuals are free to make economic decisions based on their self-interest. This encourages individuals to work harder and be more productive, as they have a financial incentive to do so.
The market system also allows for the efficient allocation of goods and services, as prices act as signals to both producers and consumers. If there is high demand for a particular good or service, the price will increase, and producers will be incentivized to produce more of that good or service. On the other hand, if there is a low demand for a particular good or service, the price will decrease, and consumers will be incentivized to buy more of that good or service.
Furthermore, the market system allows for specialization and exchange to work in tandem, which leads to increased productivity and efficiency. Specialization occurs when individuals or firms focus on producing a narrow range of goods or services, which allows them to become experts in their field and produce more efficiently. Exchange occurs when individuals or firms trade goods and services, allowing them to access a wider range of products than they could produce themselves.
Overall, the market system provides a way to harness self-interest, allocate goods and services, allow specialization and exchange to work in tandem and improve the well-being of mankind.
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An and Bo are partnership together. They buy and renovate properties which they then rent out or sell to other people.
The business has been going for six years and is profitable. They want to expand the business to offer a maintenance And repairs service to both the private sector and public sector.
However, the partners do not have the capital needed for this expansion.
Bo’s sister, Jiao, has said that she is prepared to invest in the business in return for a share in the profits.
An and Bo are also considering changing the legal structure to a private limited company.
a. Identify two features of public sector organizations.
b. Identify two advantages and two disadvantages to An and Bo of being a partnership.
c. Explain two benefits to An and Bo of expanding their businesses.
d. Do you think the partners should become a private limited company? Justify your answer.
Together, An and Bo form a partnership. They invest in real estate and then refurbish it before renting or selling it to others. Following is the required information.
Give a brief account on partnership.a. Two features of public sector organizations.
Government funding: The public authority provides funding for public projects. They either belong to the public authority, which has claimed them, or the public authority owns a bigger portion of them. In some attempts, private ventures are also permitted, but the public authority, in a sense, performs the dominant role.Government Management: The public authority is in charge of regulating public enterprises. The government has occasionally started businesses in its own areas of expertise. In many situations, the government selects someone to handle the endeavors. In fact, the public authority divisions directly and implicitly bind even independent bodies.b. Two advantages of being in a partnership :
Bridging the Knowledge and Expertise Gap: By collaborating with someone, you may have access to a greater breadth of knowledge and expertise for many aspects of your organization. A solid partner might also contribute expertise and experience that you might be lacking, as well as complementing abilities that will aid in business expansion.More Money: A potential partner may inject additional funds into the company. The other individual might be more connected strategically than you are. This could assist your business in luring in new investors and raising further funds to expand. The correct company partner could also improve your capacity to obtain financing for business expansion.Two disadvantages of being in a partnership :
Liabilities: A partnership involves shared business losses and responsibilities for all business related debts, even if they incurred by the other partner. These obligations are in addition to sharing revenues and assets. Your assets and personal money may suffer as a result. In essence, you might be held accountable for choices your partner takes regarding the company. This may be one of the most important things to take into account while weighing the benefits and drawbacks of a partnership.Loss of Autonomy: Although you probably like having complete control over your company, under a partnership, you would now share that control with a partner and make crucial choices together.c. Two benefits to An and Bo of expanding their businesses :
capable of increasing sales and profitability.can access new markets or customers.d. The partners shouldn't form a private limited business since partnerships have more benefits than private limited companies, including easier establishment and reduced costs.
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Question 10 of 10
What is an advantage of doing more than the minimum required to comply
with EEOC laws and regulations?
The advantage of doing more than the minimum required to comply with EEOC laws and regulations is that, most employers with at least 15 employees are covered by EEOC laws.
The U.S. Equal Employment Opportunity Commission (EEOC) is responsible in order to enforce the federal laws which make it illegal for employers to discriminate an employee because of their color, race, religion, sex, national origin, age etc.
So, the EEOC's investigation of one's complaint depends on the facts of the case, and the kinds of information one needs in order to gather. In some cases, employers are interviewed and then the information is gathered.
Hence, the EEOC advances opportunity in the workplace.
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When a firm "spot stocks" inventory they are engaged in:A - Placing inventory in an exact location in the warehouseB - Placing inventory in consignmentC - Marking inventory for ease of identificationD - Placing inventory in a local warehouse in anticipation of future need
Spot stocking is when a firm places inventory in a local warehouse in anticipation of future need.
Here correct answer is A
This practice helps the firm anticipate customer orders most efficiently and expedite orders with minimal waiting time. It is also known as just-in-time supply. The main benefit of just-in-time stocking is that it limits inventory costs and optimizes inventory levels throughout the supply chain.
By controlling inventory at the local warehouse, lead times for receiving supplies from external suppliers can be reduced. Just-in-time stocking also reduces the risk of inventory obsolescence because inventory levels can easily be adjusted as market conditions change.
Spot stocking allows organizations to find the right balance between inventory levels and customer service, reducing the potential for unexpected customer order delays or out-of-stock scenarios.
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An insurance company can be liable for a producer's unauthorized acts
a. only when a felony is involved
b. when the agency contract is unclear concerning the authority given
c. at anytime
d. only if the
b. when the agency contract is unclear concerning the authority given.
An insurance company can be liable for a producer's unauthorized acts when the agency contract is unclear concerning the authority given.
If the producer exceeds the scope of their authorized actions or goes beyond the boundaries set by the agency contract, the insurance company may still be held responsible for those actions, particularly if the contract does not clearly define the limits of the producer's authority.
The lack of clarity in the contract regarding the producer's authority can create potential liability for the insurance company.
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According to recent data collected by researchers at the University of Maryland’s Robert H. Smith School of Business, there is a correlation between hospital readmission rates and how full the hospital was at the time of discharge. This suggests that many patients went home earlier than they should have.
"The main point is that the discharge rate goes up as the beds begin to fill up, which is what you’d expect to a certain degree," said David Anderson, co-author and researcher for the studies. "First reason is if you have extra beds available, people stay an extra night as a precautionary measure. If beds are in high demand, you might send people home earlier than you may have if there were extra beds. Many patients may have not been ready to go home, however, it’s not done on purpose – the patients who were sent home appeared to be healthy."
The correlational value was r = .257 of the 100 patients studied. Which of the following would be the best recommendation to the researchers?
Select one:
a. Statistically significant, however, the strength is rather weak.
b. Not statistically significant, and the strength is rather weak.
c. This study is flawed.
d. Not statistically significant, however, the strength is noteworthy.
e. Statistically significant, with a large enough sample size to conclude the findings
The best recommendation to the researchers would be option b. Not statistically significant, and the strength is rather weak.
The given information states that there is a correlation between hospital readmission rates and how full the hospital was at the time of discharge. The correlational value (r) of the 100 patients studied is reported to be 0.257.
To determine the significance and strength of the correlation, it is important to consider both statistical significance and the magnitude of the correlation coefficient. In this case, the recommendation suggests that the correlation is not statistically significant and the strength of the correlation is rather weak.
When a correlation is not statistically significant, it means that the observed relationship between the variables is likely due to chance and not a true association in the population. Therefore, the findings may not be reliable or generalizable.
Additionally, a correlation coefficient of 0.257 indicates a relatively weak correlation. Correlation coefficients range from -1 to 1, with values closer to 0 indicating a weaker relationship. In this case, the correlation coefficient suggests that there is a positive correlation between hospital readmission rates and hospital occupancy, but the strength of the relationship is not very strong.
Based on these considerations, option b is the most appropriate recommendation. It acknowledges that the correlation is not statistically significant and highlights the weak strength of the relationship.
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At a company located in California, the management team engages in to develop detailed plans in ______ case of a devastating earthquake.
At a company located in California, the management team engages in crisis planning to develop detailed plans in case of a devastating earthquake.
What is Crisis Planning?A disruptive and unforeseen occurrence that poses a risk to an organization or its stakeholders must be handled through the crisis management process.
The 1980s saw numerous large-scale industrial and environmental disasters, which gave rise to the subject of crisis management.
With this in mind, one should be crisis prepared in the events of an earthquake or any other event.
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1 point Aggie Corp, Is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: How much is Agsie's beginning inventory? \[ \$ 23,000 \] \( \$ 25,00
The beginning inventory of Aggie Corp can be determined by looking at the account balances provided. According to the given information, the beginning inventory balance for Aggie Corp is \$23,000.
It is important to note that Aggie Corp uses the periodic inventory system. This means that the company does not continuously track the quantity and cost of inventory items throughout the accounting period. Instead, the company determines the cost of goods sold (COGS) and the ending inventory by taking physical inventory at the end of the period.
In this case, the beginning inventory represents the value of inventory on hand at the start of the accounting period. It includes the cost of goods that have not yet been sold or used in production.
To find the beginning inventory, you simply look at the account balances given in the question, which states that the beginning inventory balance is \$23,000.
In summary, the beginning inventory of Aggie Corp is \$23,000, based on the provided account balances and the fact that Aggie Corp uses the periodic inventory system.
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In a market economy, equilibrium stays constant and never moves.
True or false
Answer:
false
Explanation:
there is always change in equilibrium any time demand or supply changes.
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Sarah, realizes she has a passion for finance. She specifically would like to study how personal behavior impacts our finances and the entire society. What career choice would BEST fit Sarah’s desire to study financial decisions and how we make them?
economist
math teacher
stock broker
Answer:
economist
Explanation:
Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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Which best description of joint tenancy is best? Two or more people own a property equally or two or more people in the same family own a property equally
Answer:
Two or more people own a property equally
Explanation:
This persons who equally own a property may not necessarily be a family member, and the property may be a business, brokerage accounts or a real estate (a single home).
In most cases however, this Joint tenancy is made between married couples, wherein both parties equally own a property and share in the responsibilities of that property. Ownership is transferred to the other remaining members of the agreement automatically if one party dies.
The best description that can denote joint tenancy that two or more people own a property equally. So, the correct option that matches the above statement is A.
Joint tenancy refers to the condition where at least two people jointly hold, acquire or possess the benefits of a property under their name in proportion as may be determined.
The joint ownership is a condition where at least two people are required to make contracts of owning, buying, renting, leasing or selling such property in an equal proportion.The ratio of ownership in case of a joint ownership of a property where the benefits are shared equally is 1:1. One partner will share the benefits and bear losses equally in proportion of the other owners.There exists a relationship of vicarious liability in case of a joint tenancy which refers that one partner will be liable for the acts of the other partner(s).Hence, the correct option is A that the best example of a joint tenancy is when two or more people own a property equally.
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Prices for common vegetables tend to be elastic. Why?.
Demand elasticity is the extent to which a change in price causes a change in the quantity demanded. Prices for common vegetables tend to be elastic. Why? because other vegetables are available.
Why would someone of different age, culture, ethnicity, or gender have a different perspective on a job-related decision?
Give an example.
Talent that fits is drawn to a strong, upbeat, clearly defined, and well-communicated culture. It promotes retention and engagement. Employee interactions with their work and your business are influenced by culture. It affects contentment and happiness.
How to illustrate the information?In terms of employment opportunities, employees from racial and ethnic minorities make up a smaller proportion of those employed in management, professional, and technical occupations than do those from the dominant or majority ethnic group in the majority of countries.
There are several ways in which culture affects professions. People who work in a context that is shaped by the culture of the company and the people that make up that organization, therefore culture affects the kind of work that is done, the rewards associated with different kinds of labor, and the interactions that are valued.
It should be noted that gender also plays an important role in organizations. For example, men easily get into managerial positions than woken in some cultures.
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How can formal business documents help managers solve problems?
A. By creating a record of every action taken during a meeting
B. By presenting well-organized, accurate information about a
problem
O C. By eliminating the need for schedules and budgets to track
progress
D. By making decisions so the managers do not have to handle them
SUBMIT
Answer:
i believe its B
Explanation:
that would be the best approach
Why do you feel we should choose to hire you over other candidates?*
1
Answer:
Because you have a unique skill that they will need.
Explanation:
What are people with out a college education most likely to do
"A new client with no other investment assets has just come into an inheritance of $500,000 of ABCD stock, a blue chip company listed on the NYSE. As the adviser to this customer, your IMMEDIATE concern should be:"
Answer:
lack of diversification in the client's account
Explanation:
As a brokerage firm, your immediate concern in this situation should be the lack of diversification in the client's account. This is an incredibly large amount of money and the client has 100% of it invested in a single stock. Seeing since it is a blue-chip company, chances of it being delisted or its price falling sharply are very low but still possible. Still having all your money in a single asset is extremely risky, and every client should be diversified in many assets in order to reduce the portfolio's overall risk.
`What type of market structure exists for the fast food industry?
Answer:
http://sellsidehandbook.com/2018/10/08/understanding-market-structure-perfect-competition-monopoly-and-monopolistic-competition/
Explanation:
In class, Marcus is skilled at picking up main ideas and important details from his teachers' lectures. What is this called?
Answer:
This would observation, which is something most readers should be able to do
Explanation:
Select all that apply.
Common skills assessments administered during the employment interview process include:
none of the above
science
keyboarding
math
Answer:
Keyboarding and Math :)
Explanation:
What is the function of the Federal Reserve (Fed)?
A. Controls the money supply
B. Requires financial information from publicly traded companies
C. Regulates stockbrokers D. Protects investors
Plsss help me!!!
PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.
Answer: See explanation
Explanation:
In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.
For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.
Kelly is interested in opening an XYZ franchise. In addition to an up-front payment of $100,000, Kelly will have to pay building costs and purchase inventory and equipment. This type of expense is called
The type of expense that Kelly will have to pay for building costs, inventory, and equipment when opening an XYZ franchise is known as **capital expenditure**.
Capital expenditures refer to expenses incurred by a business for the acquisition, improvement, or maintenance of long-term assets, such as buildings, equipment, and inventory. These expenses are typically significant and have a long-term impact on the business's operations and ability to generate revenue.
In the case of Kelly opening an XYZ franchise, the up-front payment of $100,000, along with the costs associated with building, inventory, and equipment, would fall under capital expenditures. These expenses are essential for setting up the business and establishing the necessary infrastructure and inventory to operate the franchise successfully.
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True/False: Businesses must wait for a public issue to arise before forming a political strategy.
False. Businesses do not need to wait for a public issue to arise before forming a political strategy.
In fact, businesses often proactively develop political strategies to anticipate and address potential issues that may arise in the future. By being proactive, businesses can effectively advocate for their interests, shape policy discussions, and influence the regulatory environment.
Forming a political strategy involves identifying key stakeholders, understanding relevant political dynamics, and engaging in activities such as lobbying, public relations, and advocacy. This proactive approach allows businesses to have a voice in shaping policies and regulations that may affect their operations and interests.
Waiting for a public issue to arise before forming a political strategy may leave businesses ill-prepared to address challenges and take advantage of opportunities. Therefore, it is in the best interest of businesses to develop and implement political strategies proactively, allowing them to navigate the political landscape effectively and advance their objectives.
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what is coming and leaving on netflix, hbo go and "amazon prime" july 2019
In July 2019, there are several titles that are coming and leaving Netflix, HBO Go, and Amazon Prime. Here are some of them:
Netflix:
Coming:
- Stranger Things 3
- Orange is the New Black Season 7
- Queer Eye Season 4
- The Red Sea Diving Resort
- Another Life
Leaving:
- Pretty Little Liars Season 1-7
- The Matrix Trilogy
- Taxi Driver
- Beverly Hills Cop
- The Terminator
HBO Go:
Coming:
- Big Little Lies Season 2
- Divorce Season 3
- Euphoria Season 1
- The Lion King
Leaving:
- The Dark Knight
- The Hangover Part III
- The 15:17 to Paris
- Pitch Perfect 2
- Three Billboards Outside Ebbing, Missouri
Amazon Prime:
Coming:
- All or Nothing: Carolina Panthers Season 4
- Kung Fu Panda: The Paws of Destiny Season 1B
- True Grit
- Anna
Leaving:
- Love and Death
- Inception
- A Simple Plan
- The Natural
- Underworld: Rise of the Lycans
As mentioned above, Netflix, HBO Go, and Amazon Prime have their own list of titles that are coming and leaving in July 2019. Netflix subscribers can expect the much-awaited Stranger Things 3 and Orange is the New Black Season 7, as well as other new titles such as Queer Eye Season 4, The Red Sea Diving Resort, and Another Life. However, they should also take note of the titles that are leaving the streaming platform, including Pretty Little Liars Season 1-7, The Matrix Trilogy, and The Terminator.
HBO Go subscribers, on the other hand, can look forward to the second season of Big Little Lies, the third season of Divorce, and the first season of Euphoria. However, they should also be aware of the titles that are leaving, such as The Dark Knight, The Hangover Part III, and Three Billboards Outside Ebbing, Missouri.
Finally, Amazon Prime subscribers can anticipate All or Nothing: Carolina Panthers Season 4, Kung Fu Panda: The Paws of Destiny Season 1B, and True Grit, among others. They should also take note of the titles that are leaving, including Love and Death, Inception, and Underworld: Rise of the Lycans.
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Analyzing Current Fiscal Policy Fiscal policy
is the government’s use of government spending and taxes to influence the economy. For this task, you will choose one tool of fiscal policy—either government spending or taxes—and complete the activities below.
Part A Which tool did you choose?
Part B Do you think this tool should be increased or decreased to help the economy?
Part C Using an Internet search engine, find a website or an article that shares your opinion and copy the URL in the space below. Keep in mind that it might take you some time to find a good article, so don’t automatically take the first one you find.
Part D List three main points from the source you found that explain the author’s reasoning.
Part E Based on what you have read, what bias might the author bring to his or her opinion?
Part F Using an Internet search engine, find a website or an article that expresses the opposite to your opinion and copy the URL in the space below. Keep in mind that it might take you some time to find a good article, so don’t automatically take the first one you find.
Part G List three main points from the source you found that explain the author’s reasoning.
Part H Based on what you have read, what bias might the author bring to his or her opinion?
Through the collection of data by exploratory research, we found the following answers on the analysis of the current fiscal policy:
A. The chosen tool of fiscal policy was taxes.
B. To help the economy, taxes must be reduced, encouraging industrial activity in the country.
C. The chosen opinion piece was "How the U.S. Government Amassed $31 Trillion in Debt" written by Jim Tankersley and available on the NY Times website.
D. The three central points that explain the author's reasoning are the US debt, the tax cut and the economic crisis.
E. The bias that the author can bring to his opinion are the economic projections made by economists, which may not actually characterize reality.
F. You should look for an article with an opinion contrary to this one by searching for articles in which the authors have a more political and partisan view on the guilt of the American debt.
G. To list the three main points of the author's contrary reasoning, you must follow what was done in letter D, and find the main key points of the article.
H. The author's biases therefore may be based on his own political opinion and for or against a political party.
What is fiscal policy?It is the taking of government decisions capable of controlling the economy directly or indirectly, through government spending and taxes.
Therefore, fiscal policy is capable of influencing a country's supply and demand, and such decisions are capable of generating jobs, investment such as debt and recessions.
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Use the drop-down menu to complete each statement. based on the information in the passage, it is most likely that joe lives in a economy. the building that joe is interested in purchasing would be considered .
Based on the given information, Joe lives in the mixed economy, and he is interested in purchasing the private building.
What is mixed economy?A mixed economy is the system that combines the system of both the economy, means the combination of capitalism and socialism, is called the mixed economy.
This system defends private property and allows a degree of freedom in economy in the use of capital.
But it also permits for governments to interpose in economic activities in order to accomplish social intents.
Therefore, in the above case, Joe lives in the mixed economy, and purchasing the private property.
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Answer:
Mixed economy and Private Property
Explanation:
I just got it right on the assignment :)
two years ago, you opened an investment account and deposited $5,000. one year ago, you added another $2,000 to the account. today, you are making a final deposit of $7,500. how much will you have in this account three years from today if you earn a 14 percent rate of return?
There will be an amount of $18,968.50 in the investment account three years from today with a 14 percent rate of return.
Amount deposited = $5,000
Amount added = $2,000
Final deposit = $7,500.
Using, the formula for compound interest is:
A = \(P(1 + r/n)^(nt)\)
A1 = 5000(1 + 0.14/1)^(1 x 3)
= 6,732.90
For the additional deposit of $2,000 -
A2 = \(2000(1 + 0.14/1)^( 1x 2)\)
= 2,685.60
For the final deposit of $7,500 -
A3 = \(7500(1 + 0.14/1)^(1x 1)\)
= 8,550.00
Adding all the amounts together to get the final investment-
Total amount (A) = A1 + A2 + A3
= 6,732.90 + 2,685.60 + 8,550.00
= 18,968.50
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define the term display work?
outline 2 advantages to H&H of using secondary market research