why do private sector firms seeking profit will allocate scarce resources to the production of goods and services and will it be able to make good quality products for consumers?

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Answer 1

Answer:

Answer:

Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.

Explanation:

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Related Questions

In e-mails, it is okay to send messages that are _____.a. Aggressive and mean-spirited in nature b. Filled with text abbreviations, like LOL and TTYL c. Private in nature or contain secure information d. Meant for company employees and executives Please select the best answer from the choices providedABCD
1. Idea 1:a. What problem do you want to solve? Write down everything you can about the problem, then sum it up in a simple, non-industry specific statement. b. What other, similar problems have been solved? How were they solved? List as many as you can think of. c. Compare your answers to B with your answers to A. How would the solutions on your list work for your identified problem? Could you use some part of those solutions? Or perhaps a combination? d. Write out your solution idea.Idea 2: a. What problem do you want to solve? Write down everything you can about the problem, then sum it up in a simple, non-industry specific statement.b. What other, similar problems have been solved? How were they solved? List as many as you can think of.c. Compare your answers to B with your answers to A. How would the solutions on your list work for your identified problem? Could you use some part of those solutions? Or perhaps a combination?d. Write out your solution idea.
Why is previous work experience important when getting a job?
In a certain country, private enterprises provide various goods and services. But the government provides free public transportation and electricity to its citizens. Which type of economy exists in this country?A.)traditional B.)mixed C.)communist D.)capitalist
which of the following processes authorizes a police officer to search private homes, businesses, and vehicles of suspects

A(n) _____________________ is a statement that describes how an organization collects, maintains, and uses information provided by and about its customers or end users, including sales of information to third parties.

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Answer:

Explanation:

An organization's privacy policy is a legal document that explains how the organization gathers and collects private or personal information from their customers and employees, and how it will handle it, i.e. if they plan to sell it to third parties or not.

For example, when you are downloading an app, the legal disclosure that you generally accept before using the app should contain the company's privacy policy. Since very few people read that document (most people including myself just accept the terms) we allow the company to gather personal information that we have in our phones or computers, and then by accepting the legal terms we generally authorize them to sell our information.

Answer:

Explanation:

This describes that how an organization uses the information which comes from its operations and is about its customers. The policy states that how this information is kept secured and not sold or if sold then they present statistical data which does not specify habits and information of any individual person.

What is Centinels view of the three-party system

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People could not create a fair system with three separate powers.
A three-branch system could last not just one day, but many years.
Wise humans could make three equal powers in government.
It would be foolish to have fewer than three branches of government.

Answer:A

Explanation:

The planning and scheduling of production only against specific production order is - Options Make-to-Stock Make-to-Order Assemble-to-Order Mass Customization

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The planning and scheduling of production only against specific production order is called : Order Assemble

In order assemble, the company only make the product after an order is made, so there will be no stock at the warehouse. Commonly used by automotives companies

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.

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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.

How many free credit reports are you legally entitled to each year

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3 free credit reports

Three from Equifax, Experian and TransUnion

Madison has an account that pays different interest rates depending how much she has in her account. This type of interest rate is called a _____.nominal interest rate
variable interest rate
real interest rate
annual percentage yield

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The correct answer for the question that is being presented above is this one: "variable interest rate." Madison has an account that pays different interest rates depending how much she has in her account. This type of interest rate is called a variable interest rate.

Answer:

variable interest rate

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