Describe the role of supply, demand, and competition in a free enterprise system

Answers

Answer 1

Answer:

if a product is wanted for instance chocolate the price and demand will increase but the stock will drop


Related Questions

Purchased office supplies for $1,400. Cash paid $ 400 and remaining
outstanding.

Answers

Answer: $1,000

Explanation:

You are planning to write your resume and take pride in your ability to describe your strengths. What do experts recommend when writing your resume? HELP ASAP

Both answers A and B
Write a clear strong statement of your accomplishment
Write a statement of your potential, talents, and current responsibilities
If your skill have been used in the past and will continue to be used

Answers

If a person is planning to write their resume and take pride in their strengths, it's advisable to write a clear strong statement of your accomplishments and a statement of their potential, talents, and current responsibilities.

A resume simply means a brief account of the personal, professional qualifications, educational qualifications, experience etc of a person.

It should be noted that when writing a resume, it's important to have a clear strong statement of your accomplishment as well as a statement of your potential, talents, and current responsibilities.

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At June 1, 2018 Billy’s Fitness Company purchased new exercise equipment for its facility.
The following information refers to the purchase and installation of this equipment:
• The list price of the equipment was $640,000 less a cash discount of 5%.
Billy’s Fitness Company paid sales taxes of $36,480 at the date of purchase.
• Transportation charges for delivery of the equipment totaled $2,200.
• Costs for installation and test runs to ready the equipment for customer use
amounted to $1,600.
• Normal maintenance costs for the exercise equipment in June 2018 were $875.
Requirement:
For each of the bulleted items above, indicate which items should be included by Billy’s
Fitness Company as a part of the total cost of its Exercise Equipment account. Also briefly
indicate the proper accounting treatment of those items that are not included in the cost of
the Exercise Equipment

Answers

An indication of the bulleted items that Billy's Fitness Company should include in the cost of the Exercise Equipment account is as follows:

Equipment's List Price = $608,000

Sales Taxes                         36,480

Transportation cost              2,200

Installation and testing         1,600

Total  costs                  $648,280

Thus, the costs of normal maintenance of the equipment in June 2018 should not be included in the Equipment Account but treated as expenses in the income statement.

Data Analysis:

Equipment's list priceless discount = $608,000 ($640,000 x(1 - 5%)

Cash Discount = $32,000 (5% x $640,000)

Sales taxes included = $36,480

Transportation charges = $2,200

Installation and testing costs = $1,600

Maintenance costs =$875

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Choose all that apply.

Select all strategies for correcting credit problems.


Find credit counseling services.

Take a cash advance from one credit card to pay the minimum payment on another credit card.

Continue to use credit responsibly and wait.

Ask your credit card company to waive fees or lower your interest rate.

Get help from a finance company.

Transfer credit card balances to a card or loan with lower interest rates.

Sell something of value.

Answers

Answer:

find credit counseling services,

Ask your credit card company to waive fees or lower your interest rate.

Get help from a finance company.

What are 4 types of investments that offer compound interest?

Answers

Answer:

Savings Accounts

Rental Homes

Bonds

Stocks

:)

CDs. Considered a safe investment, certificates of deposit are issued by banks and generally offer higher interest than savings. ...
High-Interest Saving Accounts. ...
Rental Homes. ...
Bonds. ...
Stocks. ...
Treasury Securities. ...
REITs.

If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you have committed an error related to which type of justice?

Answers

In this scenario, we have committed an error related to Procedural justice

Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.

According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.

In conclusion, we have committed an error relating to procedural justice because the rule that was applied to Julio was not applied to John, therefore, there was a bias in justice.

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Explain how Nike came to that situation through its expansion strategy

Answers

Answer:

Other than its superior products, it was able to expand thanks to its use of global marketing strategies to help expand its business globally and gain market share everywhere. Nike was able to use social media presence and strategic partnership and sponsorship to gain global consumers and market share

Explanation:

follow me please and like this

The ability to take initiative in the workplace is called

A. adaptability
B. communication
C. leadership
D. problem solving

Answers

The answer is C, Leadership.

The ability to take initiative in the workplace is called leadership.

Thus, the correct option is C.

What do you mean by Leadership?

The capacity to influence and direct followers or other members of an organization is referred to as leadership.

Competent, skilled, secure, and caring leaders excel in their positions. These leaders are honest and authentic in their behaviors and words, and they make time for everyone. They publicly communicate to their staff that they value people.

They are crucial traits to possess because a competent leader can inspire his or her team to work together toward a common objective by bringing out the best qualities in each person.

In order to prevent delays, a skilled leader keeps the group engaged and on task. A productive and happy work atmosphere is fostered by leaders who are transparent and honest.

Transparency with team members is essential for an effective leader, making it one of their essential traits. Many people, including team members and coworkers, look up to an effective leader.

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Is foreign employment good or bad for Nepal?​

Answers

They are good for employment

It has an immediate benefit but it is not beneficial for a long term of the Nepalese labour and sweat is being used in foreign countries and there is scarcity of human power for the development of our own country

In selling a house, Matt, a licensed realtor, tells Ann that the wiring, fixtures, and ap-pliances are of a certain quality. Matt knows nothing about the quality, but it is not as specified. Ann buys the house. On learning the true quality, Ann confronts Matt. He says he was not trying to fool her; he was only trying to make a sale. Can she rescind the deal

Answers

no she cant rescind the deal

Why Is Tiklacars South Southend Airport Transfer Service Better?

Answers

Answer:

Yes,

Tiklacars South Southend Airport Transfer Service is Better.

I HOPE ITS HELP YOU

If P(A) = .62, P(B) = .47, and P(A U B) = .88; then P(AN B) =

Answers

Answer:

197............................

Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.

*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:

1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?

Answers

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

How does the Army Corps of Engineers affect agriculture?

A.
They oversee safety standards.

B.
They develop new pesticides.

C.
They develop new machinery.

D.
They oversee some waterways.

Answers

Answer:

D. They oversee some waterways.

What is the 4 MAJOR
ELEMENTS OF A TORT
What is 4 major elements of a tort
What is the 4 major elements of a tort

Answers

Answer:

- The presence of a duty. We all have a duty to take steps to prevent injury from occurring to other people.

- The breach of a duty. The defendant must have failed to live up to his duty to prevent injury from occurring to you.

- An injury. You were injured.

- The injury resulted from the breach.

Explanation:

Hope this helps.

To be protected under the Copyright Act, a work must be a. a concept, principle, or discovery. b. none of the choices. c. an inseparable idea and expression. d. original and fixed in a durable medium.

Answers

In order to be protected under the copyright act, a work has to be original and fixed in a durable medium.

The answer to this question is option d. The copyright act can be described as the type of ownership that is protected by the law. The protection is offered based on the fact that the ideas are original.

It offers a genuine protection for the original author. The basic idea behind this is to create a balance between the interest of the public users and the rights of the person that authored the work.

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Answer:

The answer is option D.

Explanation:

I answered this question on a test.

A negative attitude can lead to
O more completed work
O high turnover
O better work environment
O fewer conflicts between employees

Answers

Negative attitude can lead to high turnover

The correlation between absenteeism and turnover is ______ the correlation between tardiness and turnover.

Answers

The correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover.

Absenteeism simply refers to a pattern where an employee misses work without giving a good reason. Turnover is the number of an employer's workforce that must be replaced as a result of the separation of employees from the workplace.

It should be noted that the correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover. When employees continually don't come to the office, this will lead to the employers looking for someone to fill in for them.

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what is meant by operational management?

Answers

Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization

Mark Brainliest please

Culture clashes frequently happen when ________ within an organization interpret rules differently based on their levels within the organization

Answers

Based on sociological research study, culture clashes frequently happen when subcultures within an organization interpret rules differently based on their levels within the organization.

This is because subculture is a term that is used to describe a group of individuals within a large group, usually within an organization, who share the same characters such as problems and experience that is peculiar to them.

Culture clashes occur when this group of people with similar identity or functions interpret rules or objectives differently based on their statuses within the organization.

Hence, in this case, it is concluded that the correct answer is "Subculture."

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If Paul’s children run a lemonade stand for a day and sell 400 glasses of lemonade at $1.00 each, their total revenues are

a. $200.

b. $800.

c. $400.

d. $1.00.

Answers

Answer:

c

Explanation:

Because 400 × $1.00 = $400

While designing a management support system, it's important to remember that executives' main concern is _____.

Answers

The main concern of executives when designing a management support system (MSS) is b. getting the information they need in the simplest way.

A management support system provides managerial information resources to enable management to plan, make decisions, and manage the organizational activities to achieve goals.

Executives' main concern with the design of a management support system is not to:

Identify unquantifiable benefitsGet support from all employeesGet technically-advanced information.

Thus, the concern of executives during the design of a management support system is to get needed information most simply.

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The​ ________ tells managers how much of the overall variance is due to paying a higher or lower price than expected for the quantity of materials it purchased.

Answers

Direct labor rate variance

Discuss the difference between the income statement of Variable and absorption costing.

Answers

Absorption costing includes all of the direct costs associated with manufacturing a product, while variable costing can exclude some direct fixed costs. ... Variable costing includes all of the variable direct costs in COGS but excludes direct, fixed overhead costs.

what is Economics in simple terms​

Answers

Answer:

The New York Stock Exchange in New York City, USA. Economics is the social science which studies economic activity: how people make choices to get what they want. It has been defined as "the study of scarcity and choice" and is basically about the choices people make.

Explanation:

can i get brainliest

Malcolm (37) is a U.S citizen

Answers

Answer: good for him

Explanation:

Brainliest if you answer help

Answers

Answer:

probably 2...............

How does Lexie’s current interview technique limit her effectiveness as an interviewer

Answers

Interviews often takes different forms. Lexie's current interview technique limits her effectiveness as an interviewer as the wide latitude of these nondirective interviews can result in low reliability and often poor validity.

Interviewing is simply the process whereby individuals do exchange information. The individuals is often interested with a job opening, a promotion, a special assignment etc.

Interviewing in some of business setting do takes place in an atmosphere that is filled with a sense of urgency as the time allocated to the interview is  little.

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Bài tập: Cty cổ phần X hiện đang có 20tr cổ phần thường lưu hành, không có cổ phần ưu đãi. Cty có 100tr $ nợ dài hạn , ls 10%/năm, thuế suất 20%. Cty muốn huy động thêm 50tr $ để đầu tư thiết bị mở rộng kinh doanh . Theo tính toán khi thiết bị đưa vào hoạt động sẽ có hiệu quả, cty hi vọng tạo ra 200tr $ EBIT hằng năm, từ việc kết hợp các thiết bị cũ vs thiết bị mới lắp đặt. có 3 phương án sau đây để đưa ra xem xét - Phương án1: phát hành trái phiếu conpon với ls là 12%/ năm - Phương án 2 : phát hành cổ phần ưu đãi vói cổ tức 15% - Phương án 3: phát hành cổ phần thường vs giá 40 $ 1/cổ phần Yeu cầu: 1. Hãy phần tích xem cty nên chọn phương án nào, tại s 2. Phân tích ebit và vốn 3. Tính ROE chọn mỗi phương thức tài trợ

Answers

What are you trying to say

HELP ME
Which of the following is TRUE concerning the Master Layout dialog box?

Can be opened by clicking Master Layout on the Slide Design tab

Allows you to add a placeholder for an image

Allows you to add a text placeholder

Allows you to add a background to a slide

Answers

The option that is true about the Master Layout dialog box is C. Allows you to add a text placeholder.

The Master Layout dialog box simply refers to the tip slide in the hierarchy of slides that is vital in storing information about the side layouts and theme in a presentation.

The Master Layout dialog box is also vital in storing information about background, color, effects, fonts, etc. It also allows the user to add a text placeholder.

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You are reading a really boring assignment for another class. To motivate yourself to keep going, you promise yourself a piece of chocolate for every ten pages you read. You are using a _______ reinforcement schedule. People use solution of Na3PO4 to clean walls before putting up wall paper. If the entration is 1.7% (m/v). What mass of Na3PO4 is needed to make 2L of solution? Can someone help me with this? Steven walked 3 miles and drove 24 miles. Maureen walked 3 miles and drove18 miles. Who has the greater ratio of miles walked/miles driven? Why do you think artists use musical imagery so frequently in their composition? How do these two disciplines lend themselves to one another? A molecule that closely resembles the shape of a substrate for an enzyme would most likely serve as a __________. what is postulated to have caused a sudden inflation of the early universe? Qu fuerza media se requiere para que un objeto de 2 Kg aumente su velocidad de 5 m/s a 12 m/s en una distancia de 8 m? why did president wilson ask congress to declare war on germany in 1917 despite his earlier efforts to keep the united states out of world war i? Choose the correct definite article for the following noun.escuelas The choir needs to raise $2,620.00 for a trip to the state competition. They are selling sets of candles for $25.00 per set. They have already raised $1,225.00 from the fundraiser. There are a variety of ways to place a direct quote inside your essay . true or false Which theorem explains why the circumcenter is equidistant. Which of the following are equivalent to 1 Newton? How can you multiply fractions and mixed numbers? Help pls Which statement correctly describes the picture? Help help help hep help help in The Crucible Why does Proctor forbid Mary from returning to court? When a company sets the date that the final payment is due to the bondholder, they are setting the ________ date. Please there is 4 correct answerWhich of the following are NOT the point of Descartes' wax argument?A. To show that the study of primary qualities (such as extension) can give usknowledge that counts as objective and certain.B. To show that the sensible qualities of physical objects (those that can be perceivedthrough the senses) are not part of the essence of such objects.C. To show that the study of primary qualities (such as color) can give us knowledgethat counts as objective and certainD. To prove that our knowledge is based on the reasoning faculty, and not on senseexperience.E. To show everything in the phenomenal world (the world of sensory experience)eventually changes.F. To argue that, given the essence of physical objects, physics is ultimately reducheleto geometry.O G. To show that the study of secondary qualities (such as color) can give usknowledge that counts as objective and certainH. To show that the study of secondary qualities (such as extension) can give usknowledge that counts as objective and certain