A consumer's budget constraint shows the possible combinations of different goods she can buy given her income and the prices of the goods.
To elaborate, the budget constraint represents the limit to which a consumer can purchase goods based on two factors: her income and the prices of the goods. As a consumer, she must allocate her income to buy different goods according to their prices, without exceeding her total income. This constraint can be graphically represented by a line, where the slope illustrates the trade-off between the two goods being considered.
In this scenario, the consumer makes decisions on how to allocate her income between the two goods in order to maximize her utility or satisfaction. The optimal point, where the highest utility is achieved, is determined by the consumer's preferences and the prices of the goods. By considering her budget constraint, the consumer can find the best combination of goods that will provide the most satisfaction within her financial limitations.
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while shopping at a local grocery store, taylor sees a display of his favorite brand of energy drink. he buys some to take home for the weekend. this purchase process would be described as
The purchase process that Taylor went through while buying his favorite brand of energy drink from a local grocery store is called consumer buying behavior. Consumer buying behavior refers to the decision-making process that a consumer goes through before making a purchase.
It involves several stages, such as recognizing a need, searching for information, evaluating alternatives, making a purchase decision, and post-purchase evaluation.
In Taylor's case, he recognized his need for his favorite brand of energy drink, searched for it in the store, evaluated it based on his past experiences, and made a purchase decision. His post-purchase evaluation will depend on how satisfied he is with the product's quality, taste, and price. This process may seem simple, but it involves complex psychological and social factors that influence consumer behavior. Marketers use this knowledge to design marketing strategies that target consumers effectively.
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The Occupational Safety and Health Administration, OSHA, enforces employee protection regulations.
O False
O True
Answer:
True
Explanation:
OSHA does enforce regulations pertaining to the working conditions of employees. These regulations ensure the safety and security or their workers.
The Occupational Safety and Health Administration, OSHA, enforces employee protection regulations. The given statement is True.
The Occupational Safety and Health Act (OSH Act), which Congress passed in 1970, gave the Secretary of Labour the power to create federal standards to guarantee safe working conditions.
OSHA, which is responsible for establishing and enforcing protective workplace safety and health regulations, was established by the OSH Act. OSHA also offers information, instruction, protection, and support to both businesses and employees.
Thus, the mentioned above-given statement is true.
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1 số tên các doanh nghiệp độc quyền hoặc độc quyền nhóm ở Việt Nam
How does compromising differ from accommodating in the Thomas-Kilmann Conflict Mode Instrument (TKI)?
-Compromising is where the representative considers everyone in the conflict to be important and attempts to meet the needs of all, while accommodating is finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
-Compromising is giving in to the customer at the expense of the organization while accommodating entails finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
-Accommodating is giving in to the customer at the expense of the organization while compromising entails finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
-Accommodating is where the representative considers everyone in the conflict to be important and attempts to meet the needs of all, while compromising is finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
Answer:
Accommodating is giving in to the customer at the expense of the organization, while compromising entails finding a solution that asks everyone to give up something so that everyone is satisfied at some level.
Explanation:
Based on our discussion of Defining an Idea as a Business, which of the following is the most effective description of e) To sell athletic wear for women that is fashionable yet durable
A. To buy athletic wear for women that is fashionable yet durable
B. To design athletic wear for women that is fashionable yet durable
C. To design durable athletic wear for women that allows women to exercise faster
D. To design fashionable athletic wear for women that is durable
D. To design fashionable athletic wear for women that is durable.
The most effective description of selling athletic wear for women that is fashionable yet durable is option D, which states, "To design fashionable athletic wear for women that is durable."
This description focuses on the core objective of designing athletic wear that meets two key criteria: fashion ability and durability. By emphasizing the design aspect, it indicates a proactive approach to creating unique and appealing athletic wear specifically tailored for women. Additionally, the inclusion of "fashionable" highlights the importance of keeping up with current trends and catering to the preferences of the target market.
Furthermore, the mention of durability ensures that the athletic wear will be long-lasting and able to withstand rigorous exercise activities. This is essential to meet the needs of active women who require reliable and resilient athletic clothing.
Overall, option D provides a clear and concise description that encapsulates the goal of designing athletic wear that combines fashion and durability, making it the most effective choice among the given options.
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assume the following information: milling department materials conversion total cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 costs added during the period 291,600 385,000 676,600 total cost $ 301,600 $ 400,000 $ 701,600 assume the equivalent units of production for materials and conversion are 5,200 units and 5,000 units, respectively, using the weighted-average method. if 4,620 units were completed and transferred to the next department, then what is the total cost of the ending work in process inventory in the milling department?
The total cost of the ending work in process inventory in the milling department is $39,200
Given,
Total cost of beginning work in process inventory = $10,000 $15,000 $25,000
Costs added during the period = $291,600 $385,000 $676,600
Total cost = $301,600 $400,000 $701,600
Thus, the computation of the total cost of ending work in process is shown below:
Equivalent cost per unit
Material = $301,600 ÷ 5,200 units = $58 per unit
Conversion = $400,000 ÷ 5,000 units = $80 per unit
Now, ending work in process is calculated below-
= 400 units × $58 + 200 units × $80
= $23,200 + $16,000
= $39,200
Hence, the total cost of ending work in process is $39,200.
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Jena is a full-time undergraduate student at State University and qualifies as a dependent of her parents. Her only source of income is a $10,000 athletic scholarship ($1,000, books; $5,500, tuition; $500, student activity fee; and $3,000, room and board). Jena's gross income for the year is: a.$3,000. b.$4,000. c.$500. d.$10,000.
Drag each manager behavior to the corresponding way that organizations fail to foster high ethical standards. no items may be used more than once.
We can actually deduce here that dragging each manager behavior to the corresponding way that organizations fail to foster high ethical standards, we have the following:
1. Managers do not set an ethical example. - Because executives looked the other way when suppliers used banned substances in their products, employees feel justified in dumping pollutants down the drain.
2. The company does not create an ethical hiring culture. - Recruiters look for "ruthless moneymakers" in their sales personnel, and soon customers begin complaining about dishonest sales pitches.
3. The company does not set a code of ethics and provide ethical training. - Employees are confused about which behaviors are acceptable in the office, leading to complaints about harassment and offensive jokes.
4. The company does not reward ethical behavior. - An employee reports being overpaid in her quarterly sales bonus but is not acknowledged for her honesty. The next time, she decides not to report the mistake.
What are ethical standards?Ethical standards are actually known to be principles or standards that are setup by organisations and firms in order to promote good behavior, trust and fairness.
Ethical standards are also setup in order to guide and govern the behaviors of people in the workplace.
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Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about
doubling your money every day. This information is
reliable and relevant
unreliable and relevant
reliable but Irrelevant
unreliable and irrelevant
Answer:
When Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about doubling your money every day.
Unreliable and relevant
Explanation:
The reasons behind this answer are that at the first pace is relevant because she was looking for a place to use her savings to make more money. However, this is not a very reliable source of information because it is a random website and has no way to verify the authenticity and security of the operations that she could potentially make on it.
Unreliable and relevant
Explanation:
First off it is Very Unreliable because you cant just double your money, that money will NEED to be earned by work which takes time, This is relevant because it seems like a relevant idea to people to just double money but just because this is relevant does not make it Reliable, therefore making this Answer "Unreliable and relevant."
Question 5 of 10 The tax rate. percentage paid on income taxes is called the marginal O A fixed O B. incremental O C. total O D. average SUBMIT
Answer:
Its not D
Explanation:
I got it wrong :((
which aspect of its business is domino’s always willing to adapt in order to ensure it meets the wants and needs of its consumers in all its global locations?
Menu offerings aspect of its business is Domino’s always willing to adapt in order to ensure it meets the wants and needs of its consumers in all its global locations.
The aspect of Domino's business that the company is always willing to adapt is its menu. Domino's recognizes that consumer preferences and tastes vary across different global locations. To meet the wants and needs of its consumers, Domino's adjusts its menu to incorporate local flavors, ingredients, and cultural preferences. They understand that offering localized menu options is crucial for customer satisfaction and business success. By adapting their menu, Domino's ensures that customers in different regions can enjoy pizza and other food offerings that resonate with their specific tastes and preferences. This approach allows Domino's to maintain a strong connection with its global customer base and deliver a personalized dining experience.
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drag the tiles to the correct boxes to complete the pairs. match each term to the situation that best describes it
Answer: Theirs nothing their too answer. What do you need help on?
Explanation:
What type of promise to pay does a promissory note represent?
OA. Temporary
OB. Negotiable
OC. Conditional
OD. Unconditional
The type of promise to pay that a promissory note represents is unconditional. Option D is correct.
A promissory note represents an unconditional promise to pay. It is a legally binding document that outlines the borrower's commitment to repay a specific amount of money to the lender within a specified timeframe.
The terms and conditions of the loan, such as the interest rate, repayment schedule, and any other relevant terms, are typically included in the promissory note.
Unlike a conditional promise, which would depend on certain events or circumstances, a promissory note represents a clear and absolute obligation to repay the borrowed funds. The lender can generally enforce the promissory note if the borrower fails to meet their repayment obligations.
Therefore, the correct answer is D. Unconditional.
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target's donation of 5% of its annual income to community support is an example of ________
Target's donation of 5% of its annual income to community support is an example of D) corporate philanthropy
Corporate philanthropy would be demonstrated by Target, which donates 5% of their yearly revenue to community assistance. The practise of a business giving money, resources, or services to nonprofits or community organisations as part of its corporate social responsibility (CSR) activities is known as corporate philanthropy.
Donations to non-profit organisations, charities, healthcare organizations, educational institutions, or other community-focused programs and initiatives fall under this category. Target participates in corporate philanthropy as a method to positively impact the areas it works in and show its commitment to social responsibility by contributing a portion of its profits to assist neighborhood projects.
Complete Question:
Target's donation of 5% of its annual income to community support is an example of ________.
A) corporate responsiveness
B) social screening
C) social engineering
D) corporate philanthropy
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PLEASE HELP!! NO ONES HELPED YET T^T WILL MARK BRAINLIEST!!!!!!!!!!!!
Answer:One of the main reasons why people are motivated to do a job well is the sense of achievement they get from it. Achievement is the feeling of pride that comes from knowing you have done your job well.
A second type of motivation that is common in the workplace is that of power. Some people get a lot of pleasure out of having power and authority. This is not necessarily a bad thing, as sometimes these people are particularly good at directing others and can make good managers.
Both types of motivation are common, and they can be very important in the workplace. However, the sense of achievement can be created by the person individually, and requires little group work. On the other hand, the motivation of power depends on the type of interaction the person has with others.
Explanation:self motivation requires a personal drive where as group motivation has other people tell you when your doing good or they can help you when it isnt going right.
please help me with my question from my profile.
Providing Feedback This morning, one of you team members gave a presentation to the business unit about the new system. The material was well organized; he spoke clearly and handled questions with confidence. However, the presentation took nearly twice as long as it was scheduled for, and you noticed some of the audience glancing at the clock. You are planning to give feedback to the team member. WHAT Feedback would you give (HW: 4loops):
A.OBSERVATION: Betto, I noticed…
B.IMPACT: Betto, that will result in…
C.REQUEST: Betto, I’d like to ask that you…
D.AGREEMENT: Betto, do you agree that if you did x/y/z…
A. OBSERVATION: Betto, I noticed that the presentation took nearly twice as long as scheduled, and some audience members were glancing at the clock.
B. IMPACT: Betto, this will result in audience disengagement and potential loss of interest in the topic.
C. REQUEST: Betto, I'd like to ask that you work on improving the time management aspect of your presentations to ensure they fit within the allocated timeframe.D. AGREEMENT: Betto, do you agree that if you can streamline your presentation and adhere to the scheduled time, it will help maintain audience attention and make your delivery more effective?
When providing feedback to Betto, it's important to structure it in a constructive and collaborative manner. The feedback should address the observation, explain the impact, suggest improvements, and seek agreement on the suggested actions.
A. OBSERVATION: Start by stating the observation, acknowledging the positive aspects of the presentation, and then highlighting the specific issue noticed, which is the duration exceeding the allotted time.
B. IMPACT: Explain the impact of the observed issue. In this case, emphasize that a longer presentation can lead to audience disengagement and loss of interest. This helps Betto understand the importance of addressing the concern.
C. REQUEST: Clearly state the requested improvement. In this case, it is to work on time management during presentations and ensure they fit within the allocated timeframe. By making this request, you are providing a specific area for Betto to focus on and improve.
D. AGREEMENT: Seek agreement from Betto on the suggested actions. By asking if Betto agrees that streamlining the presentation and adhering to the scheduled time will be beneficial, you are encouraging open communication and collaborative problem-solving.
Overall, this feedback approach acknowledges the positive aspects of the presentation, addresses the specific issue observed, explains the impact, suggests improvements, and seeks agreement on the proposed actions. This helps foster a constructive feedback conversation and encourages Betto to make the necessary improvements for future presentations.
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I have a very quick question. So im applying for Early college and i need some future educational goals and maybe im just thinking about it too much but what are some goals?? like are they asking for what i plan on doing in my future as in job?? Or what??
Answer:
Explanation:
They are pretty much asking what you want to pursue. For example, if you are going for a career in Information Technology, one of your goals may be learn Robotics or Artificial Intelligence. Another goal may be to learn the necessary skills and work for a startup. The goals are anything that you want to achieve, and in this case it would be related to the field that you are going to study in the college that you are applying to. Therefore, simply write what you think you want your life to be like in the future with what you learn in college.
Fact Pattern 4
Darcie and Taylor's business continues to be quite successful and profitable. Taylor has another idea for a business. Taylor wants to delve into professional racing. This new business will be quite risky, and Darcie does not wish to have liability for the racing company. Taylor is more interested and willing to take on the risk, but still wants Darcie to be involved as a "silent investor." Darcie and Taylor strike a deal where Darcie will be employed as the manager of the garage and receive a significant salary, and Darcie will invest in Taylor's racing business. The racing business will likely have losses and not profits for some time. Darcie and Taylor consult their lawyer and an accountant in order to determine the structure of the new racing business. They tell the lawyer that Darcie wishes to be protected from liability and will not be involved in managing the affairs of the racing business, and Taylor will manage the racing business and accept the liability. The accountant suggests that there may be a way for Darcie to use the losses of the racing business to offset the increased income from the garage, in order to reduce Darcie's tax burden.
What form of business organization would the lawyer and accountant likely recommend to Darcie and Taylor for the new racing business?
How is the type of business organization recommended in question a. above formed, and what are its legal characteristics?
If Darcie and Taylor both wanted to engage in participating in managing the racing business, but only wanted to take on liability for their own actions, while also being able to use any losses from the operations of the business to offset other income, and they were located in British Columbia or in another province in which (hypothetically) racing cars was a "qualifying profession," what form of business organization could they use? What is the difference between this form and the form recommended in question a. above?
In either type of business organization discussed in the questions of this fact pattern, what kind of agreement could Darcie and Taylor enter into with respect to the business organization in order to govern their relationship, and what are some of the general topics such agreements contain?
The lawyer and accountant would likely recommend a Limited Liability Company (LLC) for the new racing business to protect Darcie from liability.
If Darcie and Taylor wanted to both manage the business and use losses to offset income, they could consider a Limited Liability Partnership (LLP) or a Professional Limited Liability Partnership (PLLP) if racing cars qualified as a profession. They would need to enter into a partnership agreement to govern their relationship, addressing various aspects of the business.
Based on the fact pattern, the lawyer and accountant would likely recommend a Limited Liability Company (LLC) as the form of business organization for the new racing business.
An LLC is formed by filing the necessary documents, such as articles of organization, with the appropriate state or provincial authority. Its legal characteristics include limited liability for members, meaning that Darcie can be protected from personal liability for the racing business's obligations and debts. The LLC also offers flexibility in management structure, allowing Taylor to manage the business while Darcie remains a silent investor.
If Darcie and Taylor both wanted to participate in managing the racing business, take liability only for their own actions, and use any losses to offset other income, they could consider a Limited Liability Partnership (LLP) or a Professional Limited Liability Partnership (PLLP) if racing cars qualified as a profession in their jurisdiction.
The difference between an LLP or PLLP and an LLC lies in the nature of liability protection and the specific requirements for forming each entity. LLPs and PLLPs typically require registration with the appropriate regulatory authority and may have additional restrictions or qualifications based on the profession involved.
In either type of business organization discussed, Darcie and Taylor could enter into a partnership agreement to govern their relationship. This agreement would outline various aspects of the business, such as ownership percentages, profit and loss distribution, decision-making authority, responsibilities of each partner, dispute resolution procedures, and terms for admitting or withdrawing partners. It may also include provisions regarding capital contributions, management structure, non-compete clauses, and procedures for dissolution or buyout. The agreement serves to define the rights, obligations, and expectations of the partners in the business.
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How can I unclog the toilet the potatoes got stuck in there? (I hope this not a inapropriate question)
Answer:
Just get something like a brush and it will get off
Explanation:
Just do it
What is total amount spent on wages and salary before any tax is being taken? [those ernings above £40000 are paying 40% income tax on income tax over £40000 and 20% on anything below £40000
Answer: hello your question is open ended hence I will give you a more general answer
answer : $12,000 * number of workers or $24,000 * number of workers
Explanation:
Income taxes are taxes been levied directly on the income earned by the tax payer.
According to Tax rules there is a certain amount of income an individual would have to earned before any tax will be taken, incomes below $12,000 are tax free ( for singles ) and $24,000 for married individuals ; Hence the Total amount spent on wages and salary before tax is being taken = $12,000 * number of workers or $24,000 * number of workers . ( unless otherwise stated )
if the minimum wage is set above the equilibrium market wage, it group of answer choices does not affect the market equilibrium. is lower than firms are willing to pay for labor. is effective and reduces unemployment. increases unemployment.
When the minimum wage is set above the equilibrium market wage then it increases unemployment.
How can the minimum wage increase unemployment?When the minimum wage is set at such a point that it is above the equilibrium market wage, then there is a good chance that this can lead to increased unemployment in an industry, market, or nation.
The reason for this is simply that employers would not be willing to pay such a high minimum wage that it above the equilibrium market wage. They will therefore hire less workers than before, thereby meaning more people out of a job.
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The price of a Honda Accord
a. and the price of a Honda Accord divided by the price of a Honda Civic are both real variables
b. and the price of a Honda Accord divided by the price of Honda Civic are both nominal variables.
c. is a real variable, and the price of a Honda Accord divided by a Honda Civic is a nominal variable.
d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.
Answer:
d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.
Explanation:
In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.
real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.
I rlly need answers quick guys! This isnt Business tho!
Subtracting money.
$ c. $ c.
395.12 - 275.64
Answer:
$119.48
Explanation:
hope this helped :)
ATP is a vehicle manufacturing company which purchases most of the component from suppliers all around the globe. To minimize inventory costs, management decided to use Economic Order Quantity to control its inventory level. KWP is ATP’s long-term supplier for tire, and they have agreed to strict delivery time and quality requirement. Based on the 202X budget, the following information was collected from production:1. Based on pre-order, ATP requires 5250 units of tire each month for the first 4 months of the year and 3625 units of tires each month for the remainder of the year. 2. The carrying cost per unit is R2 per year. 3. The cost per order is R1,000.
Economic Order Quantity is 7071 units to control its inventory level. The following variables are necessary to determine the economic order quantity: demand rate, setup costs, and holding costs.
What are EOQ and its formula?The following is the EOQ formula. EOQ equals the square root of [(2 times demand times ordering cost)/carrying charge]. Demand. The EOQ's assumptions state that the demand is unchanged. The measure of demand is how much inventory is used annually or how many units are sold annually.
Given,
Annual Requirement = 50,000 ( 5250 x 4 + 3625 x 8)
Carrying cost = 2 per year
Order cost = 1000 per order
Required to calculate EOQ =?
EOQ = square root of [(2 times demand times ordering cost)/carrying charge]
EOQ = √ 2 x 50000 x 1000/2
EOQ = √50,000,000
EOQ = 7071 units
Thus, the EOQ is 7071 units. Economic order quantity is crucial since it aids businesses in effectively managing their inventories. Without these inventory management strategies, businesses will frequently store excess inventory during times of low demand while holding insufficient inventory during times of strong demand. Missed opportunities result from either issue.
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organizations need to make location decisions for many reasons. the options available in location planning and the factors that go into location selection are covered here. considering the benefits, disadvantages, risks and issues associated with various location options is important in an organization's location selection. options include expanding an existing location, adding a new location, moving, or doing nothing. location decisions are influenced by many factors at different geographic levels including country, region, community, and site. fixed cost is $30,000, and... fixed cost is $30,000, and variable cost is $4 per unit. what is the total cost for 20,000 units?
The total cost for 20,000 units is $110,000.
Total Cost = Fixed Cost + Variable Cost * Number of Units
Total Cost = $30,000 + $4 * 20,000
Total Cost = $30,000 + $80,000
Total Cost = $110,000
Fixed cost refers to the expenses that do not vary with changes in the level of production or sales. These costs remain constant regardless of the number of units produced or sold. Examples of fixed costs include rent, salaries of management staff, insurance premiums, property taxes, and depreciation of equipment.
Fixed costs are an essential component of a company's cost structure because they are incurred irrespective of the company's level of output. These costs must be paid regularly, regardless of whether the company is generating revenue or not. Therefore, companies must carefully manage their fixed costs to ensure that they can cover these expenses and still make a profit.
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What should minimum wage be adjusted for inflation.
Minimum wage should be adjusted for inflation in order to ensure that workers are able to maintain their purchasing power and cover their basic expenses.
The federal minimum wage in the United States is currently $7.25 per hour, but this has not been adjusted for inflation since 2009. According to the Bureau of Labor Statistics, the Consumer Price Index has increased by 21.1% since then.
This means that the minimum wage should be at least $8.77 per hour to keep up with inflation. Some advocates argue that the minimum wage should be even higher, such as $15 per hour, to account for other factors such as productivity gains and the rising cost of living in certain areas.
Ultimately, adjusting the minimum wage for inflation is important to ensure that workers are able to support themselves and their families, and to reduce poverty and inequality in our society.
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The president of a printing firm decided the company should purchase a costly new press that can also be programmed to make a variety of folds, such as alternating, diagonal, and accordion folds. Last year, the company had only two orders for these folds. However, the president does not want to turn away business or outsource any order, so the buyer must get bids for a new press. Which type of influence has affected this business decision? Explain your reasoning.
Materiality type of influence has affected this business decision.
business is the practice of making one's dwelling or being profitable by producing or shopping for and promoting merchandise (including goods and services).it is also "any interest or agency entered into for profit."
Having a business name does now not separate the business entity from the proprietor, because of this that the owner of the enterprise is accountable and accountable for debts incurred via the commercial enterprise. If the business acquires money owed, the creditors can go after the owner's personal possessions.[6] A commercial enterprise shape does now not permit company tax quotes. The owner is in my view taxed on all profits from the business.The time period is also regularly used colloquially (but no longer by legal professionals or via public officials) to consult a business enterprise, consisting of a company or cooperative.Learn more about business here: https://brainly.com/question/26106218
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why is the earth round why not a square or a triangle
Answer:
because science.
Explanation:
a square shaped earth would be cool tho
Why can you win a presidential election without winning the most individual votes?
Answer:
Because of Electoral College system
Explanation:
Answer:
You can win when you get more electoral college votes than your opponent. The first to 270 votes wins the race.
Explanation:
(hope this helps :P)
How does a command economy differ from a mixed market economy?
O In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more
property rights.
O In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer
property rights.
O In a command economy, citizens own all public property. In a mixed market economy, the government owns all
private property.
O In a command economy, citizens own all private property. In a mixed market economy, the government owns all
public property
In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights. Option A.
A command economy is an economic system in which the government has complete control over the allocation of resources and production decisions, while a mixed market economy is an economic system in which both the government and the market play a role in the allocation of resources and production decisions.
The main difference between the two is the level of government control and the extent of individual property rights. In a command economy, the government owns most of the resources and property, and makes all the decisions about what to produce, how much to produce, and for whom to produce.
There is little or no private enterprise, and the government sets prices and wages. In a command economy, individual property rights are limited, and citizens have little say in economic decisions.
On the other hand, in a mixed market economy, there is a combination of government and market control. The government still plays a role in regulating and setting standards for the economy, but there is also room for private enterprise and competition.
In a mixed market economy, citizens have more property rights, and are free to own and operate businesses, invest in property, and make economic decisions. Option A
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