Answer: Business and consumer goods.
Explanation: Products are classified as either business or consumer goods, based on where the product is going to be used. Some of the mailboxes are sold for business use and some for personal use which would be part of the consumer market.
The key difference in accounting procedures between sole proprietorships and partnerships is how the capital section is handled. In partnerships, the capital section is divided according to the number of partners with each partner contributing differently.
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steps you can take to help fight through a market correction so you can invest wisely for retirement.
STOP listening to financial media and market “experts.” They only magnify your fear.Learn the nature of the markets you invest in. Develop a clear understanding of how they work.Determine your appetite and need for market risk. How much volatility can you stomach? How much market risk do you need to achieve your goals?Set a portfolio allocation that fits your needs.Rebalance it religiously to manage your risk and potential return goals.Maintain enough cash reserves. This will help your long-term assets be focused on long-term objectives.Revisit steps 1 thru 7 religiously to adjust as your life unfold.
b. provide open opportunity
c. meet government regulations.
d. encourage innovation
The market failures can result in overproduction, underproduction, misallocation of resources, and negative externalities (such as pollution) address these failures and promote economic efficiency and societal well-being, governments may intervene through policies and regulations, such as taxes, subsidies, antitrust laws, and public provision of certain goods and services.
**Market failure occurs when a free market is unable to:**
**a. distribute resources efficiently.**
Explanation:
Market failure refers to a situation in which the free market system, left to its own devices without government intervention, fails to allocate resources efficiently.
Here's a breakdown of the options:
- **a. Distribute resources efficiently:** This is the correct statement. Market failure occurs when resources, such as goods and services, are not allocated in a way that maximizes societal welfare or efficiency.
Examples of market failure include externalities (positive or negative), public goods, information asymmetry, and monopolies, all of which can lead to inefficient resource allocation.
- **b. Provide open opportunity:** While providing open opportunity is an important aspect of a free market system, market failure is specifically related to inefficiencies in resource allocation, not necessarily a lack of opportunity.
- **c. Meet government regulations:** Market failure can occur in the presence of government regulations or in their absence.
Government regulations are often put in place to address market failures or prevent them, but market failures can still occur despite regulations.
- **d. Encourage innovation:** The role of market failure is not directly related to innovation.
However, innovation can be influenced by market conditions, and market failures may hinder or distort incentives for innovation.
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In economics, market failure is a situation in which the allocation of goods and services by a free market is not efficient, often it leads to a net social welfare loss. (Wikipedia definition)
The answer is A. Distribute resources efficiently.
Answer:
Apply ice for the first few days.
Take OTC pain relievers, like ibuprofen
Take a few days off from sports, activities that aggravate your symptoms, and heavy lifting.
Use good posture.
Explanation:
Answer:
The army contract
Explanation:
Productivity can be measured by output per hour. i.e.
dividing the total output by hours worked.
productivity = output/hours worked
The navy contract
output =4,300
the hours worked = 20 workers working for two weeks, each week has 40 hours
Each worker worked 40 x 2 hours = 80 hours
20 workers worked for
80 hrs x 20
= 1600 hours
Productivity = 4,300/1600
=2.6875
For the military contract
output = 8300
hours worked
= 25 workers in three weeks, each week 40 hours
each worker worked, 40 x 3 hours = 120 hours
Twenty-five workers:
=25 x 120 hours
= 3000 hours
Productivity = 8300/3000
=2.766
The productivity for the military contract (2.766) was higher than for the navy contrac t(2.6875).