negotiations between unions and a firm or firms is called collective bargaining. Collective bargaining is the process where representatives from the union and the employer come together to discuss and negotiate various aspects of the employment relationship such as wages, benefits, working conditions, and job security.
During the collective bargaining process, both sides present their proposals and negotiate until they reach an agreement that both parties can accept. The negotiations are typically governed by labor laws and regulations that protect the rights of both the union and the employer. collective bargaining is an important process that allows unions to advocate for their members' rights and interests in the workplace. It is a key component of labor relations and helps to ensure that both employees and employers are able to work together in a mutually beneficial manner.In contrast, cooperative bargaining refers to a negotiation approach where both parties work together to achieve a win-win solution, while united and organized bargaining are not standard terms used in this context.
to know about collective bargaining visit:
https://brainly.com/question/28727724
#SPJ11
The Shakira spot ran during the World Cup then was posted on the Internet where it was shared by audiences across social media. The song was also released by Shakira where it could be heard on the radio and through streaming media. This leveraging of multiple consumer touch points is at the heart of what your book describes as: A. distribution. B. advertising. C. sales promotion. D. integrated marketing communication (IMC) E. public relations.
The concept described in the question, which involves the use of multiple channels to reach and engage with customers, is known as integrated marketing communication (IMC). IMC is a strategic approach to marketing that seeks to unify all communication efforts across different platforms and channels to deliver a consistent and coordinated message to the target audience.
The Shakira spot is an excellent example of IMC in action as it leverages different consumer touchpoints to maximize the reach and impact of the campaign. By running the spot during the World Cup, posting it on the Internet, releasing the song on the radio and through streaming media, Shakira and her team were able to create a comprehensive and cohesive marketing campaign that resonated with audiences across various platforms. Ultimately, IMC helps to increase brand awareness, build customer loyalty, and drive sales by providing customers with a seamless and integrated brand experience.
The situation you've described, where the Shakira spot was shown during the World Cup, shared on the internet and social media, and the song being released on the radio and streaming media, demonstrates the use of multiple consumer touchpoints to maximize reach and engagement. This approach aligns with the concept of Integrated Marketing Communication (IMC). IMC involves coordinating and integrating various communication tools, such as advertising, public relations, and sales promotion, to deliver a consistent, clear, and compelling message about a brand or product. In this case, leveraging multiple channels like TV, social media, radio, and streaming platforms allows for a unified and comprehensive marketing effort, ensuring that the message reaches and resonates with a broader audience.
To know more about integrated marketing communication (IMC) visit:
https://brainly.com/question/16014930
#SPJ11
1. How should professional sports teams in San Francisco promote to target
markets considering the demographics of the city?
San Francisco's major sports teams should use demographics to segment their target markets. Next, determine the psychographics of those who will benefit from your product or service the most.
What demography is the intended market?Demographic targeting is a type of market segmentation that takes into account things like family size, religion, gender, age, ethnicity, education, and even income. These data can be successfully segmented into several segments, enabling firms to target customers more precisely than in the past.
How do you market to specific demographics?Demographics like age, location, gender, marital or family status, occupation, income level, level of education, etc. can be used to segment your target market. Determine the psychographics of the individuals who will most likely profit from your product or service next.
Gender, age, income, race, education, religion, marital status, and geography are a few of these. Narrowing down the segments is one of the most crucial aspects of establishing target markets because consumers with similar demographics often value similar goods and services.
Learn more about demographic targeting: https://brainly.com/question/14955202
#SPJ9
Alicia took out a loan through her bank to pay for her son's college. Which loan type does this describe?
Federal loan
Private loan
Subsidized loan
Alicia has taken a federal loan through her bank to pay for her son's college.
A federal loan is a loan that allows a student or a parent to borrow money directly from the government for college purposes. Thus, here, Alicia, as the parent, took a loan to pay for her child's college. Hence it is a federal loan.
Subsidized loans are given by the U.S Department of Education for undergraduate students who are in financial need and need to pay for the tuition fees of their school or college. In the given question, we do not know if Alicia's son is an undergraduate student or not. Thus we cannot be sure about a subsidized loan.
Private loans are loans taken by people to invest in their businesses or factory. Thus, it will not be the answer.
To learn more about the types of loans,
https://brainly.com/question/11794123
https://brainly.com/question/1285885
#SPJ1
Answer:
a) Federal loan
Explanation:
Alicia took out a federal loan through her bank to pay for her son's college. These loans are funded by the federal government. Hence, option (a) is the correct answer.
Employees tend to stay with one company for their entire careers.
Please select the best answer from the choices provided
OTrue
OFalse
Answer:The answer would be true, unless the employee had to leave for personal reasons
Explanation:
If the fdic has a $59.5 billion insurance fund and must use 5.6% of it to cover several failed banks, approximately how much money is left in the fund? a. $56.17 billion b. $62.83 billion c. $66.16 billion d. $3,332 million please select the best answer from the choices provided a b c d
Approximately $56.17 billion money is left in the fund if the fdic has a $59.5 billion insurance fund. Therefore the correct answer is option a.
To calculate the approximate amount of money left in the fund, we need to subtract 5.6% of $59.5 billion from the total amount.
5.6% of $59.5 billion = (5.6/100) × $59.5 billion = $3.332 billion
Subtracting this amount from the initial fund gives us:
$59.5 billion - $3.332 billion = $56.168 billion
Therefore, the approximate amount of money left in the fund is $56.17 billion.
To know more about insurance fund, refer here:
https://brainly.com/question/31265438
#SPJ4
You want to purchase a mutual fund that has $803 million in assets and $26 million in liabilities. There are 11 million shares outstanding. The fund charges a 5.68 percent front-end load and has a redemption fee of 4.26. What is the offering price you will pay to purchase the shares?
To calculate the offering price you will pay to purchase the shares, you need to consider the front-end load and the redemption fee. Therefore, the offering price you will pay to purchase the shares is 74.8282.
First, let's calculate the total value of the fund's assets minus liabilities. The net assets would be 803 million - 26 million = 777 million.
Next, divide the net assets by the number of shares outstanding to get the net asset value (NAV) per share. So, 777 million / 11 million shares = 70.6364.
To determine the offering price, you need to factor in the front-end load. The front-end load is a percentage of the offering price, which means the offering price is equal to the NAV divided by (1 - front-end load percentage).
In this case, the front-end load is 5.68 percent, so the offering price would be 70.6364 / (1 - 0.0568) = 74.8282.
Finally, we need to consider the redemption fee. The redemption fee is a percentage deducted from the redemption price when you sell the shares. Since we are purchasing the shares, the redemption fee is not relevant to the offering price.
To know more about value visit:
https://brainly.com/question/30145972
#SPJ11
g last year art charged $1,736,533 depreciation on the income statement of andrews. if early this year art purchased a new depreciable asset, the effect on andrews's financial statements would be (all other items remaining equal):
Last year art charged $1,736,533 depreciation on the income statement of andrews. If early this year art purchased a new depreciable asset, the effect on andrews's financial statements would be (all other items remaining equal) increase
net cash from operations.
Since the assets was purchased early in the
year, depreciation will be charged on it in
the income statement for the year at the end
of the year. Since depreciation is a non-cash
item, it will added back to the net income in
the indirect Cash Flow Statement method
as one of the adjustments to the net income
under the Cash from operations. This adding
back of the depreciation will therefore lead
to an Increase Net Cash from operations.
So, last year art charged $1,736,533 depreciation on the income statement of andrews. If early this year art purchased a new depreciable asset, the effect on andrews's financial statements would be (all other items remaining equal) increase
net cash from operations.
To know more about Net cash visit:
https://brainly.com/question/24321042
#SPJ4
What problem exists when people who can’t be excluded from using a good choose not to pay for it?.
The type of problem that exists when people who can’t be excluded from using a good (product) choose not to pay for it is called a free-rider problem.
What is a free-rider problem?A free-rider problem can be defined as a type of market failure and burden that typically occurs when people who benefit from public goods or shared resources refuse to pay for them.
This ultimately implies that, a free-rider problem is the type of problem that exists when people who can’t be excluded from using a good (product) choose not to pay for it.
Read more on products here: https://brainly.com/question/14446515
#SPJ1
Which of the following items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants: weigh all sides of decisions.
a. weigh all sides of decisions.
b. attending annual meetings.
c. generate innovative approaches to accounting.
d. integrity and objectivity.
Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants.
What is meant by professional code of ethics?This is the term that is used to refer to the code that is used to apply to all of the people that would work in a particular organization that are meant to guide the behavior of the people in the organization and also check the ways that people would act.
Hence we can say that Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants..
Read more on Professional Ethics: https://brainly.com/question/3921492
#SPJ1
how does an increase in income increase tax revenue
Answer:
An increase in income will increase tax revenue because the more taxes and tax write-offs will lead to more in tax returns.
Explanation:
The more income you make the more taxes you will pay, after write-offs you will end up earning more back in tax returns than you would if you made less
Operations Management Mind Map. For the requirements of this assignment, you are required to: - Create a mind map showing, in your opinion, the main challenges and organizational concerns that affects Operations Management nowadays. - The intention is for you to show that you understand the factors and issues connected with Operations Management.
The mind map illustrates the main challenges and organizational concerns that currently impact Operations Management. It demonstrates an understanding of the various factors and issues associated with this field, showcasing the complexity and importance of effective operations management in today's business landscape.
The mind map encompasses several key areas of concern in Operations Management. It identifies challenges such as supply chain management, quality control, cost optimization, capacity planning, technology integration, sustainability, and risk management. Each of these factors plays a crucial role in the efficient functioning of operations within an organization.
Supply chain management involves coordinating the flow of goods and services from suppliers to customers, ensuring timely delivery and minimizing disruptions. Quality control focuses on maintaining high product and service standards, reducing defects, and enhancing customer satisfaction.
Cost optimization aims to streamline processes, reduce expenses, and improve profitability. Capacity planning involves aligning production capabilities with market demand to avoid bottlenecks or underutilization.
Technology integration explores the implementation of innovative tools and systems to enhance operational efficiency, automation, and data-driven decision-making. Sustainability concerns address the need for environmentally responsible practices and resource conservation.
Learn more about Operations Management here:
https://brainly.com/question/30415374
#SPJ11
How effective do you think ads are in facilitating need recognition? Explain.
If a bank uses $200 of excess reserves to make a new loan when the reserve ratio is 15 percent, this action by itself initially makes the money supply: ________
If a bank uses $200 of excess reserves to make a new loan when the reserve ratio is 15 percent, this action by itself initially makes the money supply increase by $1,333.33.
The reserve ratio is defined as the ratio of reserves to deposits. If the reserve ratio is 15 percent, the bank must hold 15 percent of its deposits as reserves. If the bank has excess reserves, it can use them to make new loans. The reserve requirement is the ratio of reserves to deposits. The reserve requirement is usually set by the central bank of a country to control the money supply.
Banks must hold a certain amount of reserves, either as vault cash or on deposit with the central bank, to ensure that they can meet the demands of depositors if they need to withdraw their money. The money multiplier is the amount by which the money supply is increased for every dollar increase in reserves. The money multiplier is calculated as follows:
Money multiplier = 1 / reserve ratio
Suppose that the reserve ratio is 15 percent, and a bank has excess reserves of $200. The bank can use these excess reserves to make a new loan, which increases the money supply. The initial increase in the money supply is given by the money multiplier times the increase in reserves:
Initial increase in money supply = Money multiplier × Increase in reserves
Initial increase in money supply = 1 / 0.15 × $200
Initial increase in money supply = $1,333.33
Therefore, if a bank uses $200 of excess reserves to make a new loan when the reserve ratio is 15 percent, this action by itself initially makes the money supply increase by $1,333.33.
You can learn more about reserve ratio at: brainly.com/question/32654211
#SPJ11
one bond has a coupon rate of 8.2%, another a coupon rate of 9.6%. both bonds pay interest annually, have 13-year maturities, and sell at a yield to maturity of 8.5%. if their yields to maturity next year are still 8.5%, what is the rate of return on each bond?
If their yields to maturity next year are still 8.5%, The rate of return on other bonds is 8.9%.
Face value = 1000
Years = 13
Coupon rate = 8.20%
annual Coupon = 1000*8.2% = 82
YTM = 8.5% or 0.085
Bond price formula = Coupon amount * (1 - (1/(1+i)^n)/i + face value/(1+i)^n
(82*(1-(1/(1+0.085)^13))/00.085) + (1000/(1+0.085)^13)
976.9271353
At sale time, YTM is the same, So the sale price is also the same.
Rate of Return = (Coupon received+Sale price - buying pric)/Buying price*100
(82+976.93-976.93)/976.93*100
8.393641305% or 8.4%
So, the rate of return on one bond is 8.4%
Second bond
face value = 1000
Years = 13
Coupon rate = 9.60%
annual Coupon = 1000*8.2% = 96
YTM = 8.5% or 0.085
Bond price formula = Coupon amount * (1 - (1/(1+i)^n)/i + face value/(1+i)^n
=(96*(1-(1/(1+0.085)^13))/00.085) + (1000/(1+0.085)^13)
=1084.600504
At sale time, YTM is the same, So the sale price is also the same.
Rate of Return = (Coupon received+Sale price - buying pric)/Buying price*100
=(96+1084.6-1084.6)/1084.6*100
=8.851189379% or 8.9%.
In finance, a bond is a type of security under which the issuer owes the holder a debt, and is obliged – depending on the terms – to repay the star of the bond at the maturity date as well as interest over a specified quantum of time.
Learn more about Bond here: https://brainly.com/question/25965295
#SPJ4
Municipal bonds are issued by what?
Answer:
Hi, the correct answer to your question is they are securities issued by states, cities
etc/more.
Explanation:
They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.
Hope this helps! :)
Now that Amazon does collect sales tax in most states, what other loopholes has Amazon found to evade other taxes?
(In depth response)
Another area in which Amazon has found another tax loophole in order to evade taxes is:
They make use of foreign based companies to receive payments from customers in another country.What is a Tax Loophole?This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.
One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.
Read more about tax loopholes here:
https://brainly.com/question/10248969
Which of the following functions would be implied authority for an apartment manager?
selling the apartment complex
selling the apartments' appliances
collecting rent from the tenants
All of the above would be included in implied authority.
The functions would be Implied authority for an apartment manager is collecting rent from the tenants.
According to the Implied authority, it is an authority that is not express or written into a contract, but it is authority an agent is assumed to have in order to transact the business for a principal.
Each partner in a business has the Implied authority to act in the name of the company. The implied authority of a partner to bind the firm conferred by this section.
To know more about Implied authority here,
https://brainly.com/question/15078122
#SPJ1
___ consist(s) of goods that are awaiting shipment to customers. a. Work-in-process inventory b. Supplies c. Raw-materials inventory d. Controlled inventory e. Finished-goods inventory
Finished-goods inventory consists of goods that are awaiting shipment to customers.The correct answer is option E.
Finished-goods inventory refers to the completed and fully processed products that are ready for shipment to customers. It represents the final stage of the production process, where goods have undergone all necessary manufacturing operations and are in their final form.
These goods have passed quality checks and are awaiting delivery to fulfill customer orders.
The other options provided in the question can be clarified as follows:
a. Work-in-process inventory: This inventory category includes goods that are currently being processed or undergoing manufacturing operations. These goods are not yet complete and require additional work or assembly before they can be classified as finished goods.
b. Supplies: Supplies typically refer to materials or items used in the production process. They are not finished goods awaiting shipment but rather components or resources used to manufacture products.
c. Raw-materials inventory: Raw-materials inventory consists of the basic materials or inputs used in the production process. These materials have not yet undergone any manufacturing or processing and are in their original state.
d. Controlled inventory: Controlled inventory generally refers to inventory items that require strict monitoring and control due to their value, sensitivity, or regulatory requirements. It does not specifically describe goods awaiting shipment to customers.
Therefore, among the options provided, finished-goods inventory is the most appropriate category that consists of goods awaiting shipment to customers.
Therefore,correct option is E.
For more such questions goods,Click on
https://brainly.com/question/25262030
#SPJ8
3
Roscoe is helping his cousin redesign her family room. They work together to select a white leather couch, two white brocade chairs, and a large
white rug. They pick out some white throw pillows with different textures--some are knitted, and others are linen. Which BEST describes the
color scheme that Roscoe is creating?
A.
monochromatic
B.
complementary
OC.
primary
D.
analogous
Kk
Answer: Monochromatic
Explanation: Mono = 1, Chromatic = color: Everything is white.
What should you not do during a hostage rescue attempt?
Answer:
1) Remain still and low to the ground. 2) Encourage others around you to remain calm.
I D K
Explanation:
Avoid attempting to negotiate or offer advice. Hostage takers occasionally force hostages to make requests. If this occurs, say what they want you to say, avoid making your hostage captors angry, and avoid attempting to play the hero.
What do you mean by Hostage?A person who has been forcibly and illegally taken prisoner is known as a hostage. The hostage-takers seek to make claims against other parties, which is why they are keeping, and occasionally even threatening, the captive. It is against the law to take hostages.
Hostage killing was listed as a war crime in the International Military Tribunal Statute on August 8, 1945.
The execution of hostages by German troops in the occupied territories was categorized as clearly excessive due to their excessive tendencies war crimes an in the trial against the generals in south-eastern Europe.
The court described the shooting of hostages as barbaric but legal reprisals under international law. The Geneva Convention for the Protection of Civilian Persons in Time of War of 1949.
People have historically been held as hostages and forced to live there by the opposing party to enforce a contract.
They were frequently the sons of honorable tributary state representatives, who were frequently treated with respect and raised in the host nation. Attila and Theodoric the Great are two prominent examples.
Learn more about Hostage, here
https://brainly.com/question/23920021
#SPJ5
what effect would an effective minimum wage have on a perfectly competitive market?
In a aggressive exertions marketplace, an boom within side the minimal salary reduces employment and will increase unemployment. A minimal salary may want to boom employment in a monopsony exertions marketplace on the equal time it will increase wages.
The required details for unemployment in given paragraph
The time period unemployment refers to a scenario in which someone actively searches for employment however is not able to locate paintings. Unemployment is taken into consideration to be a key degree of the fitness of the economy. The maximum regularly used degree of unemployment is the unemployment rate. It's calculated via way of means of dividing the wide variety of unemployed human beings via way of means of the wide variety of human beings within side the exertions force. Many governments provide unemployment coverage to sure unemployed people who meet eligibility requirements.
Unemployment is a key financial indicator as it alerts the ability (or inability) of employees to attain gainful paintings and make contributions to the efficient output of the economy. More unemployed employees suggest much less general financial production.
To know about unemployment click here
https://brainly.com/question/305041
#SPJ1
real gdp is not a perfect indicator of economic welfare because ? a. it will always underestimate inflation. b. it includes the underground economy. c. economic welfare depends on many factors not measured or not measured accurately by real gdp. d. it includes a direct measure of health and life expectancy.
Real gdp is not a perfect indicator of economic welfare because economic welfare depends on many factors not measured or not measured accurately by real gdp.
Why do you use the term "real GDP"?
Real GDP examines the rate at which all goods and services were produced in a nation for a specific year, adjusted for inflation. A fixed cost price is used to describe it and is indicated in foundation year pricing. GDP at constant prices or GDP adjusted for inflation are other names for it.
What are nominal and real GDP?
The basic data in current dollars, untouched by inflation, is reflected in nominal GDP. Real GDP corrects the data by fixing the value of the currency, removing any distortion brought on by inflation or deflation.
Learn more about Real gdp.
brainly.com/question/30737857
#SPJ1
Why do you think that luxury brands are particularly interested in investing in social media influencers?.
Answer:
I think they are interested because partially social media influencers have a younger audience so when they see their "idol" promoting such and such there more like to want it, Also They can lend luxury brands a voice of authenticity and have the potential to produce original brand materials.
Explanation:
Because everyone thinks they can have it because an influencer got one
Hope this helps :)
Luxury brands invest in social media influencers for their wide reach, authenticity and ability to connect with the target audience, creating a desirable lifestyle association and enhancing brand visibility and credibility.
Due to the influencers success in connecting with the brand's target audience, luxury brands are eager to invest in them. Influencers have a loyal and enthusiastic fan base that includes the brand's target market of wealthy and fashion-conscious consumers. Their content is regarded as genuine and reliable, creating a stronger bond with customers.
Influencers can also produce visually appealing content and compelling brand storytelling that are consistent with the company's principles and style. Working together with well-known influencers enhances the brand's status and credibility which could increase sales. In the end working with social media influencers enables luxury brands to take advantage of social media's power while gaining access to the influencer's loyal following and expanding their overall online presence and market influence.
learn more about Influencers here
brainly.com/question/34531392
#SPJ3
In full seller disclosure states, whose responsibility is it to complete the seller disclosure form which will be reviewed by prospective buyers?
In full seller disclosure states, the seller's agent is responsible to complete the seller disclosure form which will be reviewed by prospective buyers. In full disclosure states, the seller's agent has the responsibility to notify the seller of the obligation to disclose all known material facts. A seller's disclosure is a legal document that requires sellers to provide previously undisclosed details about a product's condition that potential buyers may find unfavorable.
For example, if a seller's disclosure provides a clearer picture of the home and its history, plus it allows buyers to make a more educated decision about whether to buy the home, with defects and all. For sellers, a seller's disclosure statement can protect them from being sued by buyers after the sale is complete.
Learn more about a seller's disclosure:
https://brainly.com/question/28065527
#SPJ4
For what reason can you infer that it might be relevant for a policy analyst to have a law degree?
A) Departments of education are in the executive branch, and most executive-branch officials have law degrees.
B) Policy analysis is a volatile job market, and it is helpful to have another field to fall back on.
C) Education policy needs to be enacted into law by our legislators and needs to comply with other state and federal laws.
D) Policy analysts tend to get sued by ideological foes, so legal knowledge is good protection.
Explanation:
i think is answer b.....m.
the legal department of a large corporation would be considered
A department in an organization is composed of the various qualified employees found therein. The legal department of a large corporation would be considered;
Staff PersonnelStaff personnel refers to the group of people whose work indirectly impacts the organization.
They may not be involved in the daily operations of the business, but their work is equally valuable because the organization can get into trouble without them.
The services of lawyers are required occasionally when there are legal issues.
Learn more here:
https://brainly.com/question/14700402
When government is trying to raise tax revenue, it sometimes attempts to target higher-income people because they are in a better position to bear the burden of a tax. However, it can be very difficult to earn tax revenue from wealthy people. Consider the progressive nature of the U.S. federal income tax system: It's designed so that higher incomes are taxed at higher tax rates. Thinking about the elasticity of labor supply, why might it be more difficult to collect tax revenue from a wealthy individual than from a poor person, all else equal
Answer: The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve
Explanation:
Tax could be described as individuals paying a particular percentage of their income and whatever they use then pay to the government. The aim of the tax being collected is to generate funds internally which could be used in maintaining the economy.
Despite the government attempts to make tax be one-sided, it yields little or no result in favour of the poor as they end up being well tax as same as the rich. Those who are poor make use of services regularly, and most societies have them than those who are already established. The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve. We would realize that we have more poor people in labour than those who are rich.
Which term describes a situation where the quantity of output rises, but the average cost of production falls?.
Economies of scale describe a situation where the quantity of output rises, but the average cost of production falls.
What do economies of scale result in a fall in?Economies of scale additionally result in a fall in common variable fees (average non-constant fees) with growth in output. this is brought about by means of operational efficiencies and synergies because of a boom within the scale of production.
Examples of economies of scale consist of accelerated purchasing power, community economies, and technical, economic, and infrastructural. While a firm grows too large, it may be afflicted by the alternative diseconomies of scale. that is wherein unit expenses start to grow to be extra high priced, due to increasing size.
Learn more about economies of scale here: https://brainly.com/question/780900
#SPJ2
Which factor plays the biggest role in motivating economic decisions in a
market economy?
O A. Corruption in the leadership of powerful groups
O B. Commitment to maintaining a traditional lifestyle
O C. Competition between different businesses
D. Cooperation between governments and citizens
Cooperation between governments and citizens: plays the biggest role in motivating economic decisions in a market economy. Thus, option D is the correct option.
What Is a Market Economy?A market economy is a kind of capitalism in which a nation's companies and residents interact to determine economic policy and the cost of products and services. Although there may be some central planning or government interference, this phrase often denotes a more generally market-oriented economy.
The majority of economic decisions in a market economy are made through voluntary transactions that follow the rules of supply and demand. In a market economy, entrepreneurs are free to pursue profit by producing outputs that are worth more than the inputs they use, or, if they choose not to, to fail and close their doors. The forces of supply and demand are used in market economies to set the right prices and quantities for the majority of products and services.
Learn more about Market Economy here:
https://brainly.com/question/2343400
#SPJ7
Which of the following might a student do in high school to learn more about automotive care? A.
a. Skills USA
B.
DECA
c.
Volunteer at a warehouse
Answer:
Answer - A
Explanation:
SkillsUSA has an automotive "skill" in which students in high school can learn about the automotive industry.
Answer:
A, Skills USA
Explanation: