BUSINESS HIGH SCHOOL

You would most likely find __ in a formal workplace

Answers

Answer 1
Answer: You would most like find Strick Rules in a formal workplace 

I believe that is the answer 
Answer 2
Answer:

Answer: stict rules

Explanation: just took the test

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The Commerce Ministry of a country conducts regular surveys on goods and services sold within the country. Researchers at the Ministry study consumer behavior through the choices the consumers make while deciding what to buy. Their report on the industry for beverages last year indicated that the price elasticity of demand for fruit juices in the country was​ -0.8, while the price elasticity of demand for a particular brand called Fruit Drops was​-1.2. According to the​ report, an average consumer spends about 1 percent of his monthly income on fruit juices. A student of​economics, Julio, however feels that the current price elasticity of demand for Fruit Drops is actually higher than​ -1.2, based on his own experience in purchasing fruit juices.   Which of the​following, if​ true, would support​ Julio's view that the price elasticity of demand for Fruit Drops is​ higher?A. The average income level of consumers has increased this year as compared to last year.B. The company that manufactures Fruit Drops also produces a variety of other goods.C. Three new brands have been introduced in the market for fruit juices in the last month.D. The management of one of the leading competitors of Fruit Drops was recently accused of manipulating profit figures.E. Fruit Drops is a very popular brand of fruit juice in this country.

5. What happens to price when a good becomes more scarce?a. Price will decrease.
b. Price will remain constant.
c. Price will increase.
d. There is not enough information to answer this question.

Answers

pretty sure it’s C. Price will increases

Answer:

C. Price increases.

Explanation:

Supply for the good decreases while demand remains constant, and people would have to compete with each other more to obtain the good

The seller would naturally sell the good to the highest bidder/buyer so as to maximise his profit, thus as a good becomes scarcer, its price increases

Entrepreneurs are visionaries who __________.

Answers

organizes and operates businesses by taking great financial risks in order to do so.

(Hope this helps)

Your company buys a car and its value goes down over time. what is that process called

Answers

This process is called depreciation. It is defined as the reduction of the value of an asset with time due to factors like wear and tear. The car, in this case, is very susceptible to wear and tear therefore it will really depreciate no matter what. Depreciation is one cost that should be included in any accounting of assets.

Benefits of a health growth of gdp

Answers

Growth in GDP refers to rise in per capita income of the country
Better GDP gives us better purchasing power
It denotes our exports have increased and country is in right direction

Rationing is a common form of distribution in a _____. a.a centrally planned economy. b.a free market economy.
c.a price-based system.
d.a market based on competition.

Answers

Rationing is a common form of distribution in a CENTRALLY PLANNED ECONOMY.

Rationing is another tool used by the government to allocate goods. This tool was implement during World War II. Rationing the price control during WWII helped Americans by easing shortages and guaranteeing that they will enjoy a minimum standard of living.

The correct option is a centrally planned economy. Rationing is a common form of distribution in a centrally planned economy.

Rationing is a common form of distribution in a centrally planned economy. In such an economic system, the government or a central authority controls the allocation of resources and goods. Rationing is a method used to ensure equitable distribution of scarce resources or essential goods among the population. It involves setting limits or quotas on the amount of goods or resources that individuals or households can obtain. Rationing can be implemented through a system of coupons, vouchers, or permits that entitle individuals to a certain amount of goods or services. This approach helps to prevent hoarding, price gouging, or unfair distribution. Rationing is often used during times of crisis or in economies where resources are limited and the government aims to ensure that basic needs are met for all citizens.

To know more about economy here

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Which of the following statements is false? a. The statement of cash flows shows how cash has been generated and how it has been used for an accounting period.
b. Firms only have financial difficulties when both the net income and cash flow from operations are negative.
c. The statement of cash flows is prepared by calculating changes in all balance sheet accounts.
d. Understanding how to prepare a statement of cash flows helps the analyst to better understand and analyze the cash flow statement.

Answers

Answer:

C. The statement of cash flows is prepared by calculating changes in all balance sheet accounts.

Explanation:

The net cash flow is a profitability measure that determines how much cash a business has generated in a particular year. The difference between cash inflow and cash outflow is the net cash flow. Net cash flow may also be described as the cash a business generates from its normal operations, less the operations and capital expenditures. Some financial statements will have net cash flow expressed at free cash flow.

Cash flow is a pointer of a company's financial strength. Positive cash flow provides the business with the ability to continue operating, develop new products, or extending  into new areas. A company with positive cash flow is healthy and can meet its current liabilities.

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