A place where people exchange goods and services is called a _____.competitor
market
value

Answers

Answer 1

Answer: Aplace where people exchange goods and sevices isa called a market.
An actual or place where forces of demandand supply operate, and where buyers and sellers interact totrade goods, services, or contracts or instruments, for money or barter. Marketsinclude mechanisms or means for, determining price of the traded item, communicatingthe price information, facilitating deals and transactions, anddistribution. The market for a particular item is made up of existing andpotential customers who need it and havethe ability and willingness to pay for it.

Answer 2

Answer:

This answer to this question is Market.

Related Questions

Which of the following is an example of secondary research? A. Observing reactions to free samples B. Gathering statistics online C. Hiring a marketing firm D. Conducting trial-and-error testing
What term refers to the United States’ sale of steel to Germany?A) consumer B) business C) government D) national export
1. In a pure competition market, producers should produce and sell where P=MC. Why? Why couldn’t they price their product above MC or wherever they want? Explain your reasons.
Whitney is shopping with her mom and they are deciding on clothing to purchase, which scenario best represents the purchase of a need?A Whitney is being inducted into the National Honor Society at her high school. Students have been directed to dress nicely' Whitneyhas a dress she wore to a wedding last year that still fits but her mom thinks she needs a new one to celebrate this occasionB Whitney has been selected to attend a national leadership conference and has been instructed that she will need to dressprofessionally' for one of the tours. She plans to wear her new jeans and a T-shirt that has the logo of the leadership conferenceon it. Her mother thinks she needs to purchase something more appropriate.C. Whitney has several pairs of jeans in her closet but found some that really hit her well at an excellent price when she and her momwere shopping. Her mom agrees that with these jeans at this price, they need to purchase a pair.D Whitney will be traveling to Europe with a youth ambassador program this summer. She has been instructed to pack a rain jacket,The rain jacket she already owns does not have a hood since she always uses an umbrella in rainy situations. Her mom believesshe needs to purchase a hooded rain Jacket because it would be more convenient
Joanie takes a $6000 loan to pay for her car. The annual interest rate on the loan is $12%. She makes no payments for 4 years, but has to pay back all the money she owes at the end of 4 years. How much more money will she owe if the interest compounds quarterly than if the interest compounds annually?

X Inc. expects net cash flow from operating activities to be $ 110 comma 000, and the company plans purchases of equipment of $ 80 comma 000 and repurchases of stock of $ 18 comma 000. What is Duckalo's free cash flow?

Answers

Answer: Duckalo's free cash flow = $30,000

Given:

Net cash flow from operating activities = $110,000

Purchases of equipment = $80,000

Repurchases of stock = $18,000

We can compute free cash flow as :

Free cash flow = Net cash provided by operating activities - cash payments for planned investments in long-term assets - cash dividends

Free cash flow = $110,000 - $80,000 - $0 =$ 30,000

In late April, the Acme Construction Co. submitted a $1,200,000 progress billing on a construction contract. On May 2, the bill was approved for payment, subject to a ten percent retention, as provided by the contract. The amount that should be debited to Construction Expenditures is: $ 0.
$ 12,000.
$1,080,000.
$1,200,000.

Answers

Answer: The answer is $1,080,000

Explanation :

Step one :

Since the said approved amount is

$1,200,000 and it is subject to 10% retention

10%of $1,200,000=

10/100*$1,200,000=$120,000

Step two:

The amount that should be debited to Construction Expenditures is approved amount

$1,200,000 minus 10% retention amount

$1,200,000-$120,000

$1,080,000

Answer:

$1,080,000

Explanation:

Progress billing submitted on the construction contract = $1,200,000

If the bill was approved to 10% retention, the retention amount will be 10% of $1,200,000

Retention amount = 10/100×$1,200,000

Retention amount = $120,000

Amount debited to construction expenditure = Initial billing - retention amount

Amount debited to construction expenditure = $1,200,000 - $120,000

Amount debited to construction expenditure = $1,080,000

Packaging Products, Inc., sends its standard purchase-order form to Quality Box Company to evidence a sale of packaging material. Quality responds with its own standard order form. Additional terms in Quality's form automatically become part of the contract unless:____________ a) Packaging objects to the new terms within a reasonable time. b) Packaging's form expressly required acceptance of its terms c) the additional terms materially alter the original contract d) any of the above.

Answers

Answer:

Option D. Any of the above.

Explanation:

The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:

New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
The acceptance is always required for the contract formation (Option B).
Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).

So all of the options can alter the contract existence. So the right answer is option D.

Answer:

Answer is D. Any of the above.

Refer below.

Explanation:

Therefore,

Any of the above.

It includes all three of them,

A.Packaging objects to the new terms within a reasonable time.

B. Packaging's form expressly required acceptance of its terms.

C.the additional terms materially alter the original contract.

Which of the following is an example of division of labor? A.) an assembly line B.) a roadside stand selling peaches C.) a teacher who hosts an after school study group D.) a neighboorhood kid who offers to mow lawns and rake leaves

Answers

The answer is (b.) a roadside stand selling peaces

First, a division of labor refers to the process in production in which a worker or a group of workers are assigned in a specific task to increase the efficiency. For example, an assembly of line in production. Another is a teacher who has a specialized task for the learning efficiency of the students.

The answer is A) An assembly line

I just took the quiz and this is correct.

It is correct because an assembly line is when laborers all add something to the product one after another making it a division of the labor.

Pagent, a company that manufactures watches, introduces a new range of watches with a safety application programmed into it. This application is designed especially for women and helps them alert people in case of danger. In the context of innovation streams, which of the following concepts does this scenario best illustrate?A) A technological discontinuityB) Technological lockout
C) Technological singularity
D) A technological barrier

Answers

Answer:

A. Technological discontinuity

Explanation:

Technological discontinuity is the process whereby new technologies has technical limits and economic relevance that are greater than those of the old technologies. Whenever there's technological discontinuity, it brings a new range of technological development.

You want to buy your dream car, but you are $5,000 short. If you could invest your entire savings of $2,350 at an annual interest of 12%, how long would you have to wait until you have accumulated enough money to buy the car?