Answer:
Which term is used to describe what those in one country buy from those in other countries?
Import
Explanation:
Imports are good and services bought from other countries.
Trading started as far back as when money has not been invented which makes them to use what is termed as trade by batter.
Goods are either imported or exported depending on its destination, goods and services bought from another country into ones country is termed as import goods while goods sold out into another country is termed as an export goods
Answer:
imports
Explanation:
Answer:
$62,445
Explanation:
Discount on bond payable = ($1,000,000 / 100) x (100-97) = 30,000
Number of period = 2 x 10 = 20
Discount amortized every period = 30,000 / 20 = $1,500
Interest Expense on June 30 = (1,000,000 x 6%/2) + 1500 = $31,500
Principal Payment = $50,000 - $31,500 = $18,500
Outstanding bonds = 1,000,000 - $18,500 = $981,500
Interest Expense on December 31 = ($981,500 x 6%/2) + 1500 = $30,945
Total Interest Expense in 2020 = $31,500 + $30,945 = $62,445
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.
For similar questions on Market failures
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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.
B. A sole proprietorship
C. AC corporation
D. An LLC
Please select the best answer from the choices provided.
​
Answer:
I think A option is right
Answer:
B
Explanation:
Edge 2021
B. Small group communication
C. Interviewing
D. Public speacking
B) A set of integrated programs that manage a company's vital business operations across multiple functional areas
C) A system that supports the planning, executing, and controlling of all activities involved in raw material sourcing and procumbent, converting raw materials to finished products, and warehousing and delivering finished products to customers
D) A system that tracks the accounting records of a business
E) A system that helps manage customer information, customer encounters, marketing and advertising campaigns, sales, service after the sale, and customer loyalty programs
Answer: The correct answer is "A) A system that captures detailed data created by business processes".
Explanation: A Transaction Processing System is a system that captures detailed data created by business processes.
It is generally one of the most widely used types of system since it effectively facilitates the repetitive routine transactions that arise from commercial processes of any kind. This system works with data, but does not analyze or organize it, that is, it does not transform it into information.