Answer:
a.Average Total Costs would increase
Explanation:
Total costs are comprised of fixed costs plus variable costs. The average total cost is the aggregate of variable and fixed costs divided by the number of units produced. An increase in either variable costs, fixed costs, or both without a corresponding increase in the number of units produced would lead to an increase in total average costs.
In the case of Cindy, her fixed costs have increased. It means her total costs of doing business have gone up. Her average cost per unit will go up because her output is still 100. Before the rise in fixed cost, the total average cost per unit was $30 (3000/100). Her new total average cost per unit is $35( 3500/100)
Services delivered through machines such as computer kiosks, ATMs, and vending machines can reduce the _____ aspect that arises from increased contact with human employees.
Answer:reduce the heterogeneity aspect that arises from increased contact with human employees.
Explanation:
By providing the banking services through man-less machines such as kiosks, ATMS and vending machines the differentiation in service cannot be provided. Heterogeneity means providing unique services for each individual. In heterogeneity services each consumer is served differently based on their situation or need through this type of service excellent services are offered for the customers.
In automatic machines same kind of services will only be offered for any type of customers. Machines have set commands that provides similar service to all the customers.
Services delivered through machines such as computer kiosks, ATMs, and vending machines can reduce the heterogeneity aspect that arises from increased contact with human employees. The correct answer is option D) heterogeneity.
Heterogeneity in services refers to the variability in service delivery, which can result from differences in human performance. When services are delivered by humans, there can be inconsistencies in the quality and manner of service due to factors like mood, experience, and training levels.
By using machines such as kiosks, ATMs, and vending machines, businesses can standardize the service delivery process, ensuring a consistent and uniform experience for all customers. This reduces the variability and enhances reliability, as machines can perform tasks with precision and without the fluctuations inherent in human interactions.Additionally, automated services can improve efficiency and reduce wait times, contributing to higher customer satisfaction. The consistency offered by machines ensures that customers receive the same level of service each time, helping to build trust and reliability in the service provided.The complete question is:
Services delivered through machines such as computer kiosks, ATMs, and vending machines can reduce the ___________ aspect that arises from increased contact with human employees.
A) perishability
B) inseparability
C) intangibility
D) heterogeneity
E) tangibility
All of the products a company sells in a particular category are called a.
A. line extension
B. product mix
c. product line
D. family brand
SUBMIT
All of the goods that a business sells under a given category are referred to as the "product mix" in this context. It covers a range of the company's product lines and particular goods that it sells to clients. The correct option is B.
A company's whole line of items that it offers to its clients for purchase is referred to as the product mix, also known as a product assortment or product portfolio.
It comprises all the many product lines and particular products that the business produces, distributes, or sells within a particular category or market niche. A product mix might include goods with various characteristics, price ranges, functions, and target markets.
Thus, the ideal selection is option B.
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What does our government do with tax money? How does government affect the business cycle? Income distribution?
Tax money is utilized by the government for various public services, and government policies on taxing and spending affect the economy and income distribution. Taxes can be used to stimulate economic growth or manage inflation, while also potentially redistributing wealth to reduce income inequality. However, they can also burden taxpayers, influencing economic behavior and decisions.
Explanation:Tax money collected by the government is used for various public services and programs that benefit society. These include infrastructure projects, education, social security, healthcare, defense, and welfare programs. The way these funds are allocated can have a significant impact on both the economy and income distribution.
Government Policies and the Business CycleGovernment policies related to taxing and spending can affect the business cycle by either stimulating or slowing down economic growth. For example, during a recession, the government might reduce taxes or increase spending to boost economic activity. Conversely, to cool down an overheated economy, the government may increase taxes or cut spending.
Through fiscal policy, which includes taxation and government spending, the government aims to manage economic stability and growth. A decrease in taxes potentially increases consumers' disposable income, leading to higher consumption and investment by businesses. Increased government spending can directly stimulate demand in the economy, creating jobs and promoting growth. However, both can also lead to deficits and increase public debt if not balanced properly.
Income DistributionGovernment taxation policies can significantly affect income distribution by redistributing wealth through progressive taxes, where higher earners pay a larger percentage of their income in taxes. This helps to fund social services such as welfare benefits, unemployment insurance, and educational programs that primarily benefit lower-income individuals, potentially reducing income inequality.
Tax Burden and Economic GrowthWhile taxes are necessary for funding government operations and services, they can create a burden for taxpayers. High taxation can reduce incentives to work or invest, potentially hindering economic growth. Moreover, the complexity of tax codes and the politics surrounding tax laws also influence the economic decisions of individuals and corporations. Policymakers and voters need a clear understanding of taxation's impacts to make informed decisions about fiscal policy.
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Briefly explain why choices must be made in the economy
Answer:
Explanation:
choice is a decision that one must make as an economist. the decisions you make about what to do with your limited resources is CHOICE. choice has to do with decision making.
Human wants are numerous and insatiable, and the available resource is limited ,i. e the available resources cannot cater for the demand of humans due to scarcity. Hence, the need to make a choice arises. As a result of scarcity, we as an individual and even the government at large needs to make a CHOICE.
What is the annual rate of return on a bond bought on the open market called?
A. coupon rate
B. yield
C. maturity
D. par value
Answer:
A. coupon rate
Explanation:
The coupon rate is the yearly yield rate that bondholder receives for investing in a bond. It is the interest rate that investors earn by purchasing the bond. The coupon rate remains constant from the date of issue until maturity. It is calculated from the maturity value and is stated at the time of bond issuance.
The coupon rate is one of the main determinants of bond attractiveness. A high coupon rate makes the bond attractive to investors. A high-interest rate means that investors will receive higher returns on regularly.
Answer:B. yield
Explanation:
John's T-shirt business uses the demand function P= -Q + 38 and the supply
function P = Q-6. According to these functions, what will the equilibrium
point be for John's T-shirt business (i.e., the number of T-shirts sold and the
price at which they're sold)?
O A. (6,38)
O B. (16,22
O C. (22,16)
O D. (38,6)
The correct option is - B (16, 22)
Explanation:
Given:
Demand function = P = -Q +38
Supply function = P = Q – 6
In order to find the equilibrium, the demand function must be equal to the supply function.
Thus, putting the demand function equal to the supply function , we get,
Q – 6 = -Q + 38
Solving the above equations, Q = 22
Now, putting the value of Q in demand function in order to find out the value of P,
P = -22 + 38
P = 16
Thus, Option B is correct (16, 22)
Answer:
22,16
Explanation:
I read the comments
If the government implements a binding price ceiling on insulin, this will
A
have to be set above the market equilibrium price to be effective.
B
increase the price consumers will pay for insulin.
C
encourage manufacturers to produce and sell more insulin to increase their profits.
D
decrease the quantity of insulin the manufacturers will be willing to supply.
Final answer:
A binding price ceiling on insulin needs to be set below the market equilibrium price to be effective. It may increase the price consumers pay for insulin and decrease the quantity of insulin that manufacturers are willing to supply.
Explanation:
A binding price ceiling on insulin would only be effective if it is set below the market equilibrium price. If the price ceiling is set above the equilibrium price, it would have no impact on the market. In fact, it may increase the price consumers will pay for insulin. Additionally, the quantity of insulin that manufacturers will be willing to supply would decrease, resulting in a shortage of insulin in the market. A binding price ceiling on insulin needs to be set below the market equilibrium price to be effective. It may increase the price consumers pay for insulin and decrease the quantity of insulin that manufacturers are willing to supply.
Most people report higher levels of personal satisfaction by giving of their time rather than giving money to a charity
False
True
True. Most people report higher levels of personal satisfaction by giving of their time rather than giving money to a charity .
Explanation:
Most people do report higher levels of personal satisfaction when they invest their own time and do public service instead of just donating their money for charity and never seeing what good or bad it did for the people it was supposed to go to.
This is because when people volunteer they are actually able to see the impact of their work and meet the people they want to help, not just send money for donations.
This makes them feel more fulfilled as now they can see they have made a difference.
Which skills do educators need for scheduling school projects?
Answer:
Scheduling school projects is a huge task. Educators must have the time management skills to execute such projects. It is of utmost importance that time frames and project length are kept in mind to mange all the functions smoothly.
Educators must have strategic skills so they can manage school project without hindering the daily school routines.
Educators must be learner centered so they can come with projects that effective and enhance the learning of students in different fields, both bookish and recreational.
Becca is a business writer looking for information on public service jobs in California that don’t require a college degree. She wants to use the keywords “engineering jobs NOT college degree” on an online resource to search for this data. Which is a credible resource for Becca’s research?
A.
the website of an employment agency in San Francisco, California
B.
the careers web page of the state government of California
C.
a blog post by a government employee about expanding career options
D.
the website of a company that trains people for administrative jobs
Answer:
Becca is a business writer looking for information on public service jobs in California that don’t require a college degree. She wants to use the keywords “engineering jobs NOT college degree” on an online resource to search for this data. Which is a credible resource for Becca’s research?
the careers web page of the state government of California
Explanation:
the careers web page of the state government of California will give Becca the best information on how she could get her her desired information
Becca should use the careers web page of the state government of California for her research. It would provide official, current, and unbiased details about engineering jobs that do not require a college degree. Other sources may have incomplete or biased information.
Explanation:The most credible resource for Becca’s research would be B. the careers web page of the state government of California. This website would have accurate and current information about public service and engineering jobs that do not require a college degree. The State's careers page will provide an official list of job opportunities, including the educational requirements for each. Whereas an employment agency, a blog post, or a training company might have limited or skewed information, the state government website is likely to provide a comprehensive and unbiased view of the job market.
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Alice earner 32,756 annually ; 6.5% of her gross pay was withheld for state and local taxes. How much were her taxes ?
Mariah Dover cashed her $100 traveler's check in Riga, the capital of Latvia. At the current _____ rate, she received $61.82 in Latvian currency from the bank teller who took her traveler’s check.
Answer:
current floating exchange rate
Explanation:
Exchange rate is the rate at which one currency will be exchanged with another. For example, 1 United States Dollar is equivalent to 4.24 Poland Zloty as of March 2020.
There are two common types of exchange rates:
1. Floating exchange rate: This is set by the FOREX market, and is based on the current supply and demand of currencies. When demand for a currency is high, its value increases and vice versa.
2. Fixed exchange rate: A fixed or pegged exchange rate is whereby a government entirely determines the rate and value of the currency.
Generally, a floating exchange rate system is used in the global market. This does not mean countries allow their currencies to fluctuate endlessly. The central bank of a country and it's government does intervene and manipulate the currency to make it favorable for them during international trade but it is done in a more indirect manner as opposed to a fixed exchange rate system.
The missing term in the sentence is 'exchange rate'. This rate determined the amount in Latvian currency Mariah received for her traveler's check.
Explanation:The term currently missing in the sentence is exchange rate. The exchange rate is the value of one currency for the purpose of conversion to another. It plays a vital role in the level of trade of a country, which is critical to most free market economies in the world.
So for Mariah, the current exchange rate between the US dollar and the Latvian currency determined that her $100 should be converted to $61.82 in Latvian currency.
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What is the motivating value of pay equity and pay expectancy for employees?
The compensation received is equal to the value of work performed which is known as the motivation value of pay equity.
One's level of motivation depends on the attractiveness of the rewards sought and the probability of obtaining those rewards which compensates the pay expectancy.
Explanation:
Pay equity : Degree to which the actual pay of an employee matches what he or she thinks to deserve. High pay equity means high employee satisfaction with his or her job, low pay equity increases the potential for absenteeism, grievances, strikes, and turnover. Also called pay satisfaction.Compensating employees the same when they perform the same or similar job duties, while accounting for other factors, such as their experience level, job performance and tenure with the employer.Ensuring employees are paid equitably, employers can increase efficiency, creativity and productivity by helping to attract the best employees, reduce turnover and increase commitment to the organization.The founder and former ceo fo jones soda peter van stock claime that sharing the core values of your loyal customer base is just good for buisness. if you wanted to integrate this business philosophy into your own company you would study
Answer:
Proactive Stance
Explanation:
In business, Proactive Stance means that you take a precautions to handle the events that might occur in the future.
Maintaining loyal customers base and good core values tend to require higher cost for the company. since it has to put more investment in high level customers service or high quality materials.
But, in the long run, this will be beneficial for the company. Loyal customers tend to be the least likely to switch to another product. Not only that, if in the future company made a mistake that damage its reputation, loyal customers tend to be more forgiving. This is why maintaining loyal customers base tend to be considered as a proactive stance.
Alex wants to buy a pair of shoes. But they cost $45.99, not including tax. Using Alex’s entertainment/ clothing budget, how long will it take him to have earned enough money for the shoes?
Answer:the answer is 3 hours minus 320 percenrted to the 9th power
Explanation:
Among the explanations below, which one is not a reason to favor the use of a beta distribution to
capture cross-customer differences in our probability model of customer behavior?
It easily lends itself to make optimal decisions about marketing spending
Its parameters can easily be compared across datasets to draw insights about different groups of
customers
it is easy to implement in standard software leg. Microsoft Excel)
It is very flexible, .e. it can take on many different shapes.
The answer choice which is not a reason to favor the use of a beta distribution is option B.
What is Beta Distribution?This refers to the continuous probability distribution which is defined by the interval [0, 1].
Hence, we can see that for all the advantages of making use of beta distribution, the reason which is not an advantage is that it easily lends itself to make optimal decisions about marketing spending.
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Hi i'll mark brainliest, so pls help me out.
Person chosen: Oprah Winfrey
Entrepreneur Idea:
Motivations and Incentives:
Competition for the Business:
Success and Achievements of the Business:
Growth of the Business (Be sure to use the terms “culture” and “cultural diffusion” in this section.):
Entrepreneur Idea: Oprah Winfrey. Born 'Orpah' Gail Winfrey, Oprah is an American entrepreneur and philanthropist known for her multi award winning show 'The Oprah Winfrey Show' (1986-2011).
Motivations and Incentives: She saw early on that Oprah had a passion and skill for public speaking and encouraged it. But more importantly than that, Oprah's grandmother supported that young woman so thoroughly that she helped cultivate a positive sense of self-worth.
Competition for the Business: The top 10 competitors in Oprah's competitive set are Divo Mullins, Tamirfilms, Refinery29, Cable News Network, FOX, CafeMedia, June Media, EBONY, BlogHer and Village Holdings.
Success and Achievements of the Business: Oprah Winfrey's career has spanned every form of media and beyond. She has had a turn in being an actress, talk show host, producer, and philanthropist.
Growth of the Business: In 1999 Winfrey debuted Oxygen Media, a company she co-founded that's dedicated to producing cable and Internet programming for women. In doing so, Winfrey ensured her spot in the forefront of the media industry as one of the most powerful and wealthy people in show business.
I really hope this helps!
Would a firm with low degree of operating leverage need to sell more units of products to reach break-even point or less? Why?
Answer:
The company would need to sell less units of product.
Explanation:
Operating leverage measures the relationship between variable and fixed costs. Those companies with low operating leverage have a larger proportion of variable costs in its total costs structure and need to sell smaller amount of units in order to cover its fixed costs. Since breaking point is the point were profit is equal to zero and where sales income is equal to the total costs, consisting of both fixed and variable costs, it needs to sell less products, as its variable costs increase with the number of units sold.
Select the best answer for the question.
3. What's the voltage drop if V= 56 V, V2 = 35 V, and V, = 3 V
O A. 18 V
O B. 32 V
O C.21 V
O D. 94 V
Answer:
94 V
Explanation:
Here we don't have the figure showing the circuit and how the resistors are connected: therefore, we have to make some assumptions.
Here we will assume that the three resistors are connected in series: this means that they are connected along the same branch, and therefore, the current flowing through them is the same.
As a result, the total voltage drop across some resistors in series is given by the sum of the voltage drops on each resistor.
Therefore, for three resistors in series
[tex]V=V_1+V_2+V_3[/tex]
Where here we have:
[tex]V_1 = 56 V[/tex] is the voltage drop on the 1st resistor
[tex]V_2=35 V[/tex] is the voltage drop on the 2nd resistor
[tex]V_3=3 V[/tex] is the voltage drop on the 3rd resistor
Substituting into the equation, we find:
[tex]V=56+35+3=94 V[/tex]
Jesse launched a cheaper variant of her high-performing dishwashing liquid, anticipating similar success. Which strategy has Jesse made use of?
A.
loss leadership
B.
product line extension
C.
product differentiation
D.
brand extension
Answer:
A
Explanation:
Answer:
B.) Product line extension
Explanation:
Correct on edmentum
Jamie Lee now has to juggle the three monthly credit card bills for each of the retailers where she purchased her home furnishings. She is interested in getting one loan to consolidate the three store consumer credit cards so she may make a single payment on the goods per month. Using “Your Personal Financial Plan” sheet 17, comparing the consumer loan options that Jamie Lee may consider. What are your recommendations for her to consolidate her monthly consumer charge bills?
Explanation:
With debt consolidation one can combine the credit bills and make single low interest payment. If Jamie Lee payment has different interest rates, different payment values and due dates then debt consolidation can be considered useful for ease of payments.
Decision by Jamie to make debt consolidation can be considered when the gross income is higher than the mortgage value, when cash is available to pay back the debts and pay the debts before the interest accumulates more than the principal amount. It is not suitable for huge amount of loans and bills.
Explain the importance of money in the economic society?
Answer:
Money performs many functions in a modern economy. ... Thus, money is a medium of exchange, a measure of value, a store of value, and a standard of deferred payments.
Mr. Alvarez's simple interest savings account currently has a balance of $12,500. He earns 6% Interest annually. Calculate his balance for one year
If no additional deposits are made,
A $13,250.00
B $12,506.00
C $13,500
D $12,560.00
Answer:
A $13,250.00
Explanation:
The formula for calculating balance at the end of a period using simple interest is as below.
A = P(1+rt)
A = final amount
P= principal amount which is $12500
r= interest rate 6% or 0.06
t = time which is 1 year
A = $12,500(1+0.06 x 1)
A = $12500 x1.06 x 1
=$12500 x 1.06
=$13,250
Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. Under which section of a balance sheet will this amount be recorded as “accounts payable”?
A.
current assets
B.
current liabilities
C.
long-term liabilities
D.
owners’ equity
Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. Under "current liabilities"section of balance sheet this account will be recorded as "account payable".
Answer: Option (B) is correct
Explanation:
Raw material purchased on credit from a vendor is a liability and it is shown under current liabilities in "accounts payable". Since raw material purchased on credit and payment is to be made after two months.
Payment due gives rise to liability. Now current liability is a company's short term obligations that are to be paid back within a year. Here the firm will have to make payment within two months to the vendor.
Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. In a balance sheet this amount be recorded as “accounts payable” is
A.
current assets
Explanation:
Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. In a balance sheet this amount be recorded as “accounts payable” is A. current assetsCurrent assets shows all the assets of a company that are expected to be sold, consumed, utilized or exhausted through the standard business rules and operations.Current assets includes the following entries, cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.What best describes why a company issue stocks
Answer: to raise capital
Explanation:
Answer:
(D) to raise capital
Explanation:
A company issues stocks for several reasons. Among them, the most significant one is to increase the capital of the company. If the company issues stocks in the capital market, investors will buy the company's stock if they think that the company has a bright future. In this way, a company can raise their capital. Therefore, option D is correct.
Issuing stocks cannot either guarantee the profit of a company or provide dividends to the shareholder.
Based on your reading of the following, which stage of the marketing research process is in operation?
The company Bonobo had great success with its stuffed toy monkeys sold in card shops, but suddenly sales were dropping off in one of its sales regions in the South. The marketing director had been tasked by the company president to find out what happened. She discovered that a local competitor had begun selling a similar stuffed toy, also a monkey, made from cheaper material, although both monkeys looked remarkably similar. The knock-off money was selling for $7 less than Bonobo’s monkey. The marketing director explained to the president that Bonobo had been outpriced by a local competitor.
create an action plan
develop a plan for research
interpret results of research
create objectives for research
Answer:
Create an action plan
Explanation:
According to the situation, the company is in the phase of developing an action plan to counter the situation at hand.
They are only done with developing research plan and and creating objectives because that is how they gathered the data on the local competitor who is selling the same toy, but cheaper.
Now, it is time for them to develop an action plan. Once they have implemented the plan, they can go ahead and analyse and interpret the results of the study.
Answer: got this answer wrong, I would go with “develop a plan for research”
Explanation:
1. Why in in the current modern trade, the integration of economic affairs from design to completion is an important priority to every Manufacturing Companies?
2. Define the parties involved directly and indirectly in supply chain and their role for smooth running of business?
Answers with Explanations:
1. Why in the current modern trade, the integration of economic affairs from design to completion is an important priority to every Manufacturing Companies?
Compared to traditional style of trading, the current modern trade is faster and more organized. This is because of the arising needs of the society and the tight competition in the market. So, in order to address these things, the integration of economic affairs from design to completion is deemed as an important priority to every Manufacturing Company. When everything is seamlessly connected, the innovation will become faster and the supply chains will act as if they are in a single platform. This will give customers better tailored products that suits their needs.
2. Define the parties involved directly and indirectly in supply chain and their role for smooth running of business?
A "supply chain" refers to a process involved between a company and its suppliers from production and distribution of goods to buyers or customers.
Parties in the supply chain could either be "directly" or "indirectly" involved. Those who are directly involved in the supply chain are the company, suppliers and the buyers.
Those which are not directly involved are the transporters, warehouses, retailers, distributors and the like.
The chain actually starts with the supplier, who supplies the raw materials. These materials are then manufactured by manufacturers and distributed (via wholesalers). The retailers will then sell them to the customers or buyers.
disappointed. "You can't win in this business. You give
what they want, and the complaints go through the ro
was quite concerned about the next board of directors
and what the board would have to say about her mana
of the airline.
1. What is the service product of the airline industry?
Disappointed by airline industry and the services provided by airline industry is given below
Explanation:
1.Disappointed customerwill not only cost you money but will also create the possibility of bad word-of-mouth, which can affect future sales and money in your pocket.
2.In an airport environment, and in particular in a hub station with the high volume of connecting traffic and increased probability that you will experience some sort of service disruption, this is even more critical. When you get a sandwich you don’t like or your movie freezes or your bed is not made-up to your liking, you are upset and looking for someone to remedy the situation. Once you have established that you will not elevate your tone to match that of the irate customer, you need to do a few more things. You have to listen to the problem and try to see it through the eyes of the customer. He or she will tell you everything you need to know. The actual incident is never at the root of the behavior. The more you are able to convey your empathy for the situation the customer is in – “I was late coming in from New York and I missed the connecting flight to San Francisco, where my sister is getting married tomorrow morning.” – the greater the trust that will develop between you and the customer. More than anything, customers want someone from your company to understand the unfortunate circumstances they have been left in. They want to vent, they want to feel that you have understood and cared about their predicament, and they want a genuine apology. Lastly, they want a solution. They want to see you try to find a fix for their problems, and even if the result is not ideal, they will be brought back to a calm state by your efforts and communication. Maintain good eye contact, let them know what you’re doing, and try to deliver a solution that addresses their concerns. It is not always possible to do this, and companies generally employ a Customer Relations department to handle transactions such as refunds or compensation for situations where the employee and the customer were unable to reach an acceptable resolution at the first point of contact.
3.Essentially, an airline's hard product is the plane itself, and the airline's soft product is the service, food, and the drinks. Hard product can also be non-airplane constituents, such as lounge amenities. Consequently, the food and drinks in the lounge is soft product, while airline lounge showers are hard products.
1. What is the difference between fixed, variable, and periodic costs?
Answer:
The difference is in how they response to the level of production of the firm.
Variable cost are directly associated with the production level, therefore changes with the number of units produced.
Fixed costs do not change with the level of production and remains fixed. Usually, fixed cost changes with the time.
Periodic Costs are the costs that cannot be capitalised and are incurred for a period of time. Such as administrative costs.
Explanation:
What is the fourth part to property rights?
the right to demand a profit
the right to extract efficiency
the right to earn income from the good
the right to insure equity of goods and services
Answer:
the right to earn income from the good
Explanation:
Property rights is an economic term that emphasis on how a resource can be used and owned. Property rights differentiate various goods on the basis of their ownership and usage. The fourth property right is the right to earn income from a good. It’s a right that allows an individual to sell goods and services and earn money.