Who sets the price in a free market?

Answers

Answer 1

Sellers and buyers sets the price in a free market. A free market is an economic system in which sellers and purchasers express their supply and demand through the prices they charge for goods and services.

There are more purchasers than there are available homes in a seller's market. A buyer's market, on the other hand, develops when there are more houses up for sale than there are potential purchasers. A seller's market is one where homes frequently sell for or over the asking price. A buyer's market is indicated by homes that sold for less than the asking price. The market's pricing is determined by the interaction between supply and demand. An equilibrium price is established by supply and demand being in balance. Prices tend to return to this equilibrium until specific factors in supply or demand change. Slow home sales, a large number of vacant properties, and falling property prices are the hallmarks of a buyer's market. Rapid home sales, a lack of available properties, and rising property values are signs of a seller's market.

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Related Questions

Paul's Programming Services paid $100 dividends. Show how to use T-accounts to record this transaction by selecting the correct answer below. Multiple choice question. Credit Cash; debit Common stock. Debit Dividends; credit Cash. Debit Cash; credit Dividends expense. Credit Cash; debit Retained earnings.

Answers

Answer:debit dividends; credit cash

Explanation:

In T-accounts, the transaction is recorded as debit Dividends; credit Cash. Option (b) is correct.

What are T accounts?

A collection of financial records that employ double-entry accounting are referred to informally as T-accounts. Because of the way the bookkeeping entries are organized, the account is known as a T-account.

A corporation's payout of profits to its shareholders is known as a dividend. A corporation that experiences a profit or surplus is able to distribute a portion of that profit to its shareholders in the form of a dividend. Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital. therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution.

Therefore, Option (b) is correct.

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Carmen was interviewed for a job in marketing. during the interview, she was asked about her internships and college coursework. are the questions lawful

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The questions are lawful. This is because the interviewer wants to know the experience that has been undertaken during the internship and apprenticeship.

An interview generally can be defined as a structured conversation where   the other participant provides answers and also one participant asks questions.  The word "interview"  In common parlance refers to a one-on-one conversation between an interviewee and  an interviewer. An interview usually used to  get an offer of a job. There are several questions that mostly used in interview to get a job, such as:

What you have to offer (your skills, abilities, basic knowledge).Who you are (your personality, character, interests).Why you should be hired (you have what they are seeking).

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other than operating profit, there are three main sources of external financing.
true
false

Answers

There are three main sources of external financing: equity, debt, and venture capital. The given statement is True.

Equity is the most common form of external financing and is the sale of a portion of the company’s ownership to investors in exchange for cash. Debt is the borrowing of a sum of money from a lender, usually with a fixed repayment schedule and interest rate.

Venture capital is a form of financing from an investor, usually a large financial institution, that provides capital to companies in exchange for an equity stake. Venture capital is most often used for startups to help them grow and scale.

All three of these sources of external financing can be used to expand a company’s operations, invest in new initiatives, hire new staff, and more.

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Why have no rival leagues to the major American sport leagues emerged in more than 20 years?
A. Players today have much less incentive to jump to a rival league, as the emergence of stronger players associations and free agency means that players are much less often "underpaid."
B. There is a lack of viable cities and markets in which to play as the major professional leagues have gone through successive rounds of expansion to the point where all four currently have 30 or more franchises.
C. A and B are correct.
D. Neither A nor B are correct.

Answers

Required reason for no rival leagues to the major American sport leagues emerged in more than 20 years are options A and B.

A. Players today have much less incentive to jump to a rival league, as the emergence of stronger players associations and free agency means that players are much less often "underpaid." This results in a more stable environment for players in the major leagues, reducing the attractiveness of rival leagues.

B. There is a lack of viable cities and markets in which to play as the major professional leagues have gone through successive rounds of expansion to the point where all four currently have 30 or more franchises. This saturation of the market makes it difficult for new leagues to establish themselves and attract fans, sponsors, and players.

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Why are firms willing to accept losses in the short run but not in the long​ run?.

Answers

The reason why  firms are willing to accept losses in the short run but not in the long run is that E. There are sunk costs in the short run but not in the long run.

What are sunk cost?

In economics and business decision-making, a sunk cost  can be explained as the cost which has ben been incurred  and as a result of this it ca not be recovered.

It should be noted that Sunk costs are contrasted with prospective costs,  and  may be avoided if action is taken, however the  firms are willing to accept losses in the short run due to the fact that sunk costs are present in the short run .

Therefore, option E is correct.

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missing options

A. Firms cannot shut down in the short run.

B. Fixed costs are larger in the long run than in the short run.

C. Firms are price takers in the short run but not in the long run.

D. It is always profitable to incur losses in the short run because profits will always arise in the long run.

E. There are sunk costs in the short run but not in the long run.

Suppose Asarta Inc. is polluting yucko and they have been tasked with cleaning up some of their waste. The company decides to clean up Q tons of yucko—are they cleaning up enough?

Answers

Answer: The answer is No, because the MB > MC

Explanation:

They are not cleaning up enough because the MB>MC. Therefore, all other options which cut across - Yes, because the MC > MB,

No, because the MB > MC,

Yes, because the MB > MC and

No, because the MC > MB are wrong.

Where is the best place to look to determine how much the company spent to purchase long-term assets in the current year?.

Answers

The best place that one should check when looking for the amount a company spent on purchasing long-term assets is the Investing section of the Cashflow statement.

What goes in the Investing section of the cashflow statement?

This is where cash transactions relating to the purchase and sale of fixed assets are recorded. Transactions involving securities of other companies go here as well.

If we want to see the amount spent on fixed assets therefore, we should look at the investing section as it will show the actual amount of cash spent on fixed assets.

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Why do you think the 4 components of media measurement are important?

Answers

Answer:

audience, impression, frequency, and cost per thousand (CPM) 3.

Reach””The number or percent of different homes or persons exposed at least once to an advertising schedule in one or more media vehicles over a given period of time.

Frequency””The average number of times that the household or person is exposed to a media vehicle, schedule or campaign over a given time period.



When your tire blows out in the middle of a drive, you should

Answers

You should tap the breaks repeatedly and pull over

get out of the car and change it

Write three sentences.What is summer mainly about and what is your fav thing about summer time?

Answers

Is is what the top say your welcome

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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distinguish between capital intensive and labour intensive​

Answers

answer:

capital intensive

— industries require a greater amount of machinery to produce the product

labour intensive

— product requires a larger amount of human labor to bring it off

explanation:

ex:

capital intensive

— telecommunications, airlines, automobile manufacturing, oil production

labour intensive

— food service, hospitality, public education, agriculture

credits: online search!

Capital intensive industries required a great amount of machinery to produce the product.

Labour intensive products required a larger amount of human labor to bring it off.

a car dealer is organizing his inventory into three types. gas-based, electric, and hybrid. which data type would most appropriate for this task?

Answers

The most appropriate data type for this task would be a categorical data type. Categorical data type is used to classify items into groups or categories and does not involve numbers. In this case, the car dealer would be able to classify cars into the three categories of gas-based, electric, and hybrid.

The most appropriate data type for organizing a car dealer's inventory into three types would be categorical data. Categorical data is data that has been organized into categories and can be either nominal, ordinal, or interval/ratio. This type of data is ideal for organizing a car dealer's inventory into three types because it allows the dealer to separate their inventory into distinct categories, such as gas-based, electric, and hybrid.

Categorical data is ideal for organizing a car dealer's inventory because it allows them to quickly and easily identify the type of vehicle they are looking for. For example, if a customer is looking for a gas-based vehicle, the dealer can quickly search their inventory for vehicles that fall into the gas-based category. Additionally, the dealer can use categorical data to compare different types of vehicles within the same category. For example, they can compare different gas-based vehicles to determine which one is the best fit for the customer's needs.

Categorical data is also beneficial to the car dealer because it allows them to quickly and easily identify any trends or patterns in their inventory. For example, they can quickly identify which type of vehicles are selling the most or which type of vehicles are in the highest demand.

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becky loves watching her favorite 30-minute television shows, once they become available for streaming on the internet. in order from her most to least favorite, becky's all-time favorite shows, in order of preferences, are community, parks and recreation, the office, and 30 rock. becky has time for only one show and community is not available. she chooses to watch parks and recreation. what is her opportunity cost? please choose the correct answer from the following choices, and then select the submit answer button. answer choices there is no opportunity cost, since becky gets to enjoy her favorite shows. the office and 30 rock the office 30 rock

Answers

Becky's opportunity cost is watching "The Office" and "30 Rock".

Opportunity cost in economics is the theory of one action leading to the refusal or choosing one over the other. This means that the choice left is the opportunity cost of that person.

The value of one thing after it is rejected over another choice is the opportunity cost of that option.

In the given scenario, Becky has several favorite television shows that she likes.But while her favorite among the 'favorites' is unavailable, she chooses the next best show.This means that she chose the second-best show she likes, leaving out the other shows she still likes.The opportunity cost of Becky would then would be the shows that she 'rejected' or choose to watch, which are "The Office" and "30 Rock".These television shows may be her favorites but even within them, she has preferences. And in choosing "Parks and Recreation" over "The Office" and "30 Rock" with the unavailability of her first preference, the least favorite shows are Becky's opportunity costs.

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If a 20% increase results in a price of $6.36, what was the price before?

Answers

Answer:

$5.09 cents

Explanation:

Given the following question:

20% of 6.36

In order to find the answer, we will calculate using the formula for percentages then subtract that answer from the initial amount to have our answer.

\(\frac{p\times n}{100}\)
\(\frac{20\times6.36}{100}=20\times6.36=127.2\div100=1.272\)
\(=1.272\)

Round:
\(1.272\)
\(2 < 5\)
\(1.27\)

Now subtract:
\(6.36-1.27=5.09\)
\(=5.09\)

After a 20% decrease the price is now "$5.09 cents." Which means this was the price before the 20% increase.

Hope this helps.

Select the correct answer from each drop-down menu.
an income tax that is 7% of their annual earnings. This tax is
All of a country's citizens pay the
tax.
businesses
Reset
Next
government
insurance companies

Select the correct answer from each drop-down menu.an income tax that is 7% of their annual earnings.

Answers

Answer:

Government

regressive

Explanation:

A tax is a compulsory sum levied by the government on goods and services

Earnings to shareholders are taxed twice

Regressive tax system is a tax system where those that earn lower income pay more tax and those that earn higher income pay less tax.

What are 3 examples of a financial goal?.

Answers

Retirement planning, saving money for a world tour, or owning a luxury car are the things that can be regarded as the ideal examples of a financial goal of an individual.

Financial goals can be referred to or considered as the goals that are directly attached to the financial conditions of an individual. It is not wrong to say that the financial goals are subjective concepts, i.e., they may have a change from person-to-person. Each financial goal may not have exact value, but has a monetary measurement.

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Below is the customer-related information for Minto Furniture. Calculate the total costs of the order-level activities. Delivery furniture to customers $ 2395 Advertising on national TV $ 6852 Handling customer complaints $ 3843 Processing sales orders $ 1401 Packing products 1361 Supplying regular free gifts to customers $ 4518

Answers

Minto Furniture customer-related information is given as follows: Delivery furniture to customers $2395Advertising on national TV $6852Handling customer complaints $3843.

Processing sales orders $1401Packing products 1361Supplying regular free gifts to customers $4518The cost of order-level activities can be calculated by adding the following items: Delivery furniture to customers $2395Advertising on national TV $6852Handling customer complaints $3843Processing sales orders $1401.

Packing products 1361Supplying regular free gifts to customers $4518 \(Total cost of order-level activities = $2395 + $6852 + $3843 + $1401 + $1361 + $4518= $20,370\)The total costs of order-level activities for Minto Furniture amount to $20,370.

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As the manager of a successful accounting firm, you know that from January to April, your employees often feel great amounts of stress. One of your employees, Syddarth, returned from lunch 30 minutes late and it appeared to you that he had been crying. It is important in this situation that you ________.

Answers

Answer:

Talk to him or give him a holiday for the rest of the day

As a manager, it is your duty to assure Syddarth that you understand how he is feeling and that things are stressful.

What is organizational stress?

Organizational strain outcomes while a character must cope with demands, responsibilities, and targets which are beyond their abilities or process requirements.

Hence, in this given situation, As a manager, it is your duty to assure Syddarth that you understand how he is feeling and that things are stressful.

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A Sign That Ethics Has Become A Primary Concern For Boards Of Directors Is That Multiple Choice Directors Area. More Often Chosen For Their Political Connections Than For Their Expertise b. Modern Executive Compensation Is Closely Linked To The Firm's Employee Retention Rate. C. Poor Financial Performance Is The Most Common Reason For CEOs To Be Fired Saved Help

Answers

Modern executive compensation is closely linked to the company's employee retention rate.

To elaborate: Ethical behavior toward employees is one of the primary responsibilities of the Board of Directors. They shouldn't be fired for little things. They should be given a chance to grow and develop.

2. the environment in which a manager works In addition to their social and ethical responsibilities, managers need to be aware of the environment in which they operate. If the business is to be viable and successful in the long run, they must take into account all of these factors.

What does "Board of Directors" mean?

A board of directors is a group of people who represent the interests of shareholders. In addition, it offers advice to an organization's chief executive officer and executive team. A board provides general oversight of operations without getting involved in the day-to-day operations.

The hiring of the company's CEO or general manager and the evaluation of the company's overall strategy and direction are the board of directors' primary responsibilities. The CEO or general manager is responsible for hiring all other employees and overseeing the business's day-to-day operations.

The majority of the board of directors consists of the chief executive officer and occasionally other senior managers, as well as board members who are not otherwise associated with the company. The most common definition of an inside director is an employee of the company, though significant shareholders may also be included from time to time.

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At a local play, student tickets cost $6 each and adult tickets cost $11 each. If ticket sales were $3,000 for 400 tickets, how many students attended the play?.

Answers

At a local play, student tickets cost $6 each and adult tickets cost $11 each. If ticket sales were $3,000 for 400 tickets, 280 students attended the play.

given data:

student tickets cost = $6

adult tickets cost = $11

total ticket sales = $3,000

tickets sold = 400

let us assume students is x

the cost of x ticket = 6 * x

the equation will be,

6x + 11(400 - x) = 3000

6x + 4400 - 11x = 3000

4400 - 5x = 3000

by subtracting with 4400 on both sides

4400-5x-4400=3000-4400

-5x = -1400

x = 280

so the students will be 280

A sale is a deal that involves exchanging products or services for a certain sum of money. Every firm depends on sales and marketing to succeed. Targeting a contact and creating leads for the company are the first steps in the sales process for BPO sales teams. They help to generate money since they are interconnected. In other terms, a sale is any action that includes giving the buyer possession of a thing or commodity in return for money. While sales transform views into profits by turning potential consumers into real customers, marketing focuses on increasing awareness of a brand and organisation.

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A bank promises to deliver to a customer in yen in 6 months. spot rate is 110 yen. forward rate is 105 yen what is the cost to hedging?

Answers

The cost of hedging would be 5 million yen.

The cost of hedging in this scenario would be the difference between the spot rate and the forward rate, multiplied by the amount being hedged. In this case, if the bank promises to deliver a certain amount in yen in 6 months, they would need to use a forward contract to lock in the exchange rate at which they will convert their currency. The forward rate is the rate at which the bank agrees to exchange currency at a future date. The spot rate, on the other hand, is the current exchange rate in the market.

In this scenario, the bank is promising to deliver yen in 6 months and the spot rate is 110 yen. However, they will be using a forward contract and the agreed upon rate is 105 yen. Therefore, the cost of hedging would be the difference between the two rates, which is 5 yen. If the bank promises to deliver 1 million yen, then the cost of hedging would be 5 yen x 1 million yen = 5 million yen.

Hedging is used to manage risk, particularly when dealing with fluctuating currencies. By using a forward contract to lock in the exchange rate, the bank can eliminate the risk of currency fluctuations and ensure that they will be able to deliver the promised amount to the customer. However, hedging does come at a cost, which is the difference between the spot rate and the forward rate. In this case, the cost of hedging is relatively high, which may impact the bank's profitability.

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PLEASE HELP WILL MARK BRAINLIEST

PLEASE HELP WILL MARK BRAINLIEST

Answers

Answer:

the answer is true

Explanation:

Which section of the business plan details and outlines the authority structure that exists inside the company?.

Answers

Organizational Structure" or "Management and Organization" section of the business plan details and outlines the authority structure that exists inside the company.

The "Organizational Structure" or "Management and Organization" component of a business plan is the section that describes and specifies the authority structure that exists within the company.

This section gives a general overview of the structure of the business, outlining the responsibilities, functions, and hierarchies of the important people and departments.

The "Organizational Structure" or "Management and Organization" part plays a key role in persuading prospective lenders, investors, and other stakeholders that the company has a well-defined and qualified team in place to lead and manage the business successfully.

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T/F : A written plan gives the single person empowerment, self-accountability and control.

Answers

Yes, the above statement is true. A written plan can provide a single person with a sense of empowerment, self-accountability, and control over their goals and actions.

A written plan is one that outlines how an operation will be carried out, including particularly how the Contractor will carry out the Contract work in order to finish it in the allotted time frame. Written plans aid in determining whether your business idea is feasible. Before starting a firm, you must unbiasedly assess whether your idea will produce the desired results. People frequently launch new enterprises to change employment, work for themselves, or pursue their passions.

By putting their plans in writing, individuals can clarify their objectives and track their progress, which can enhance their motivation and sense of personal responsibility for achieving their desired outcomes.

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Explain the importance of veterinary doctors.​

Answers

In addition to their duties caring for domestic pets, veterinarians play a vital part in the process of food production, the control of infectious diseases, the preservation of wildlife, and the health of animals used in the military and law enforcement.

This is further explained below.

What are veterinary doctors.​?

Generally, A veterinarian is a member of the medical community who works in the field of veterinary medicine. This individual may also be referred to as a veterinary surgeon or veterinary physician. They treat a broad variety of illnesses and injuries that occur in non-human animals.

In conclusion, As well as taking care of people's pets, veterinarians have an essential function to fulfill in the areas of food production, disease control, the preservation of wildlife, and the health of animals used in the military and law enforcement.

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On average, for every $1.00 that is collected by the credit card companies in principal, how much is collected in interest and fees?

Answers

Answer:

On average for every $1.00, the credit companies collectection in total is 1.50.

Explanation:

On average for every $1.00, the credit companies collectection in total is 1.50.

The scrum master is meeting with the team to identify and commit to improvement areas that bring the most value. what formal event is this done in?

Answers

The scrum master is meeting with the team to identify and commit to improvement areas that bring the most value. The formal event is this done in a sprint retrospective.

The scrum master enables to facilitate scrum to the larger group by making sure the scrum framework is accompanied. He/she is devoted to the scrum values and practices but must also remain flexible and open to possibilities for the group to improve their workflow.

A Scrum master (Scrum grasp), popularly known as the “servant leader” is a train, motivator, and chief of an Agile crew. The position of a Scrum master is to teach the group Agile techniques and assist crew contributors to comply with Scrum practices religiously.

A Scrum master is a professional who leads a team through the use of Agile assignment control thru the path of an undertaking. A Scrum grasp allows all of the conversation and collaboration between leadership and team players to ensure a successful outcome.

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1. Which of the following BEST defines a down payment?
1. A down payment is a portion of the purchase price that increases the loan amount.
2. The down payment is the good faith escrow deposit.
3. A down payment is a portion of the purchase price that reduces the loan amount.
4. The down payment is the total amount borrowed for purchasing or leasing a car.

Answers

Answer:

3

Explanation:

It has to be this one because it is intial payment to help someone.

The leading producer of gardening tools, YourGarden Inc, has achieved great success because they produce high-quality tools that are not too expensive. Even so, another company that produces lower-quality tools at the same price has also achieved some success, but not as much as YourGarden. Also, in general, the price of gardening tools has declined because of economies of scale and learning. In addition, YourGarden has added complementary assets, such as gardening instruction. Considering all of these factors, the gardening tool industry is most likely in the
A. introduction stage.
B. growth stage.
C. shakeout stage.
D. maturity stage.

Answers

Answer:

B. growth stage.

Explanation:

In the growth stage, the demand would be strong as the both efficient & none-efficient firms would thrive also the price would be decline as the firm starts to reap the economies of scale. Moreover, the distribution channels would be expanded also the assets i.e. complementary would be widely available

Therefore the option b is correct

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They could veto any law or action of a magistrate.Question3: Look at the table about the government of the Roman republic.?assemblies of citizensCitizens elect officials and pass laws. Which title would best fit the table? A. Weaknesses of the Early Roman Government B. Dictatorial Features of the Roman Government C. Democratic Features of the Roman Government D. Powers of Consuls in the Roman GovernmentQuestion4: Which statements describe the lives of common citizens and enslaved people in Roman society? Drag each description into the correct box.servants to wealthy Romansworked dangerous jobs in mineslived in cramped apartments in shabby buildings in Romerented land from wealthy landownersCommon CitizensEnslaved PeopleQuestion5: Drag each government power to the correct branch of Roman government.enforced the lawcontrolled foreign policypassed the lawselected magistratesAssembliesSenateMagistratesQuestion6: Why did Rome became a republic? A. The king's broad powers allowed him to mistreat his people. B. The established monarchy wasnt powerful enough. C. The aristocrats misused their power. D. The poor formed a rebellion against the aristocrats.Question7: Drag the reasons why Rome was able to expand into the box.The maniple was a flexible military unit.The Romans stayed isolated from others.The Roman soldiers built roads and bridges.Rome would give citizenship to loyal allies.(the box) Reasons Why Rome Was Able to ExpandQuestion8: Why did Roman citizens have to pay taxes, serve in the military, and serve as jurors? A. because Romans stressed civic duty B. because there was a population shortage C. because it pleased their many gods D. because the plebians went on strikeQuestion9: What did Julius Caesar do during the time he was in control? Select the two correct answers. A. He kept Rome out of wars. B. He helped the poor. C. He created jobs building bridges and roads. D. He defeated Mark Antony and Cleopatra. E. He set up a democratic government. Question10: How did Augustus change the government of Rome? A. He took away most powers of the Senate. B. He made the Senate more powerful. C. He respected the traditions of the republic. D. He allowed the citizens to hold the power.Question11: What was a major difference between the lives of the wealthy and the poor in Roman society? A. The wealthy were the majority while the poor were the minority. B. The wealthy lived in villas while the poor lived in urban areas. C. The wealthy lived in urban areas while the poor owned farms. D. The wealthy rented land while the poor used slave labor on their farms.Question12: Which male duty was seen as the most virtuous in Roman society? A. owning all of the family's property B. selling any children that were seen as unfit into slavery C. continuing the family name through sons D. allowing their wives to participate in governmentQuestion13: How was the constitution of Rome different than the constitution of the United States? A. It created three branches of government. B. It was an unwritten constitution. C. It granted the king absolute power. D. It gave plebeians most government power. Bob's Bagels sells 10 bagels for $11.00, and Donny's Bagels sells 4 bagels for $3.00. Which is the better deal? Answer the questions to find out. What fractions do you compare to find the better deal hows life people and are u failing