What are the advantages a market economy offers producers?

Answers

Answer 1

What are the advantages a market economy offers producers? (there is more than one answer)
A: minimal government intervention
B: property rights
C: monopoly of bigger companies
D: free advertising for small businesses
E: free labor
But the answer is C and D

Related Questions

to whom do you wish to enroll in a college savings plan

Answers

The answer is the last one d

Answer:

B. A broker

Explanation:

It states that you deal directly with a broker to enroll in a college savings plan on AP3X.

Which of the following has a 5% interest rate for undergraduates with exceptional financial need? A. A private loan B. The Federal Perkins Loan C. The unsubsidized Direct Stafford Loan D. The subsidized Direct Stafford Loan

Answers

I think the answer is B. Good Luck

Suppose the local real estate market is in equilibrium. a recession causes local household incomes to decline. at the same time, construction of a large subdivision of new homes has just been completed. given these two changes, we can predict the price of real estate will ________ and the quantity of real estate bought and sold will ________. select one:

Answers

ion know boy go check yourself

Which of the five measures of center (the mean, the median, the trimmed mean, the weighted mean, and the mode) can be calculated for quantitative data only.

Answers

In Chapter 2 we discussed how to summarize data using different methods and to display data using graphs. Graphs are one important component of statistics; however it is also important to numerically describe the main characteristics of a data set. The numerical summary measures, such as the ones that identify the center and spread of a distribution, identify many important features of a distribution. For example, the techniques learned in Chapter 2 can help us graph data on family incomes. However, if we want to know the income of a “typical” family (given by the center of the distribution), the spread of the distribution of incomes, or the relative position of a family with a particular income, the numerical summary measures can provide more detailed information (see Figure 3.1). The measures that we discuss in this chapter include measures of (1) central tendency, (2) dispersion (or spread), and (3) position.

Quantitative data is defined as information that gives measurement or it can be written down in numbers.

Each of these five measures of center 1) the mean, 2) the median, 3)the trimmed mean, 4) the weighted mean, and 5) the mode can be measured and written down in number. Thus, they are all quantitative data.

Given the following two functions. Qa=50+p. Qb=200-4p. (A) IDENTIFY WHICH IS THE SUPPLY FUNCTION OF DEMAND FUNCTION
(B) WHAT IS THE IS EQUILIBRIUM PRICE OF THE QUANTITY
(C) WHAT IS THE PRICE ELASTICITY OF SUPPLY FOR THIS

Answers

(A) The supply function generally is considered to have positive slope. Qa has positive slope. Qb has negative slope, so is probably the demand function.
supply function: Qa
demand function: Qb

(B) The equilibrium price is the price that makes supply equal to demand.
Qa = Qb
50 +p = 200 -4p
5p = 150
p = 30
The equilibrium price is 30.

(C) The price elasticity of supply is computed as
Es = (dQa/dp)·(P/Qa) = 1·p/(50+p)
Es = p/(50+p)

At p=30, the numerical value is Es = 30/80 = 3/8. Qualitatively, the supply is inelastic.

Answer:

B - 30
C - 0.412

Explanation:

A) Qa=50+p is the supply function and Qb=200-4p is the demand function.

(B) The equilibrium price is the price at which the quantity demanded is equal to the quantity supplied. We can find the equilibrium price by setting Qa equal to Qb and solving for p:

Qa = Qb

50 + p = 200 - 4p

5p = 150

p = 30

Therefore, the equilibrium price is 30.

(C) The price elasticity of supply is a measure of how responsive the quantity supplied is to changes in price. We can calculate the price elasticity of supply using the following formula:

Price elasticity of supply = (percent change in quantity supplied) / (percent change in price)

To find the price elasticity of supply for this case, we can first find the slope of the supply function Qa=50+p. The slope of the supply function is 1, because for every 1 unit increase in price (p), the quantity supplied (Qa) increases by 1 unit.

Next, we can use the midpoint method to find the percent change in quantity supplied and the percent change in price. Let's say the initial price is 30 and the initial quantity supplied is 80 (Qa=50+30). If the price increases to 40, the quantity supplied increases to 90 (Qa=50+40).

The percent change in quantity supplied is (90-80)/((80+90)/2) = 10/85 = 0.118

The percent change in price is (40-30)/((30+40)/2) = 10/35 = 0.286

Substituting these values into the formula above, we get:

Price elasticity of supply = 0.118 / 0.286 = 0.412

Therefore, the price elasticity of supply for this case is 0.412. This means that for every 1% increase in price, the quantity supplied increases by 0.412%.

Other Questions

What does hesiod believe is the lesson to learn from the story of zeus and prometheus? what is the value of x (I will give 20 points to best answer)Answer options613785122 Henry recently set up a retail store in his hometown. He studied the pattern that other storeowners followed in obtaining new customers. All their current customers had referred the store to their friends and family. Their awareness basically spread through word-of-mouth. Henry knew that his store offered the same quality as the other stores did. His store was also on the same street as the other retail stores. Given the setting, the other storeowners were already charging their customers the bare minimum in order to remain competitive. Which P of marketing should Henry concentrate on to distinguish his retail store? Henry should concentrate on to distinguish his retail store. One hundred percent of the fish in a pond are goldfish. i take 10$\%$ of the goldfish out of the pond. what percentage of goldfish does the pond now contain? To determine a 72 percent level of confidence for a proportion, the value of z is approximately: . A basic position in American foreign policy has been that America must defend its foreign interests related to trade and security. The main foreign policy position opposed to this American policy is called A. militarism. B. imperialism. C. isolationism. D. federalism. For f(x)=4x squared -3 and g(x)=x +1 find (f - g)(x) PLEASE HELPP a woman driving at a speed of 23 m/s sees a deer on the road ahead and applies the brakes when she is 210 m from the deer. If the deer does not move and the car stops right before it hits the deer, what is the acceleration provided by the car's brakes? Find 1206 5 using expanded form. --------5= Two buses are traveling to a state park. One bus leaves the terminal at 4:00 p.m. and travels at 40 miles per hour. The second bus leaves the terminal at 5:00 p.m. and travels at 60 miles per hour. How much time passes until the second bus catches up with the first bus? A thermostat is set so that the temperature in laboratory freezer stays within 2.5 degrees F of 2 degrees F. Write and solve an absolute value equation to find the maximum and minimum temperatures in the freezer. The Waverly bush company issued 4,000 shares of common stock worth $2000,000.00 total. What is the par value of each share read about what mary does at the hospital to help protect herself and patients from infectious diseases A house and a lot are appraised at $158,100. If the value of the house is five times the value of the lot, how much is the house worth? What is the percent increase modeled in the function f(x)=30(1.25)*A. 30%B. 1.25%C. 25%D. 75% Which characteristics describe Italian Renaissance artworks? Choose all answers that are correct. A.Artists organized the main objects in paintings using the pyramid configuration. B.Artists depicted religious subjects within heavenly settings. C.Artists used atmospheric perspective in paintings to show the illusion of depth. D.Artists used chiaroscuro to make figures in paintings look real and solid. E.Artists gave figures a pleasing proportion and ideal beauty. F.Artists studied anatomy to make the figures in artworks look lifelike. What is the effect of the comparison Like silent, hungry sharks that swim in the darkness of the sea, the German submarines arrived in the middle of the night. ? The time required to cook a pizza at a neighborhood pizza joint is normally distributed with a mean of 12 minutes and a standard deviation of 2 minutes. find the time for each event. (round your answers to 2 decimal places.)a. highest 5 percent min.b. lowest 50 percent min.c. middle 95 percent min. to min.d. lowest 80 percent min. A wildlife biologist catches and releases 20 fish from two different lakes at random locations. he catches 10 fish at lake palmer and 10 fish at lake dalton. he measures the length of each fish to the nearest quarter of an inch. palmer dalton first quartile 6.75 5.5 second quartile (median) 10.25 6.75 third quartile 13 7.5 based on the samples, what generalization can be made? at least 25 percent of the fish in both lakes are no longer than 6 inches. the interquartile range for lake dalton is 2 inches greater than the interquartile range for lake palmer. the first quartile value at lake palmer is 1.25 inches longer than the first quartile value at lake dalton. not enough information is provided to draw any of these conclusions. The security devices situated between the routers of a private network and a public network to protect the private network from unauthorized users are called: