Natural monopolies are permitted whenever a firm could provide a good or service for much less money than that of any potential rival, although they are frequently very tightly controlled to safeguard consumers.
A monopoly is a market arrangement where one producer or dealer holds a disproportionate amount of influence within a certain market. Monopolies are forbidden in free-market countries as they limit customer alternatives and impede competition. A company that enjoys monopoly status lacking alternatives for its goods and faces little domestic rivalry. Monopolies have the ability to set prices and erect barriers to entrance for rival businesses.
Companies could become monopolies by consolidating their operations to control the entire supply chain from manufacturing to sales, or by buying rival businesses to become the only producer.
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Responsibility costs motivate managers of responsibility centers to act in the organization's interest. The attribute that would be least persuasive in deciding to allocate costs to responsibility centers is that they
Responsibility costs motivate managers of responsibility centers to act in the organization's interest. The attribute that would be least persuasive in deciding to allocate costs to responsibility centers is that they are controllable costs.
The allocation of costs to responsibility centers is typically done to create a sense of ownership and accountability among managers of those centers, as well as to facilitate better decision-making. Responsibility costs are costs that can be directly attributed to a particular responsibility center or department, and managers of those centers are responsible for managing those costs effectively.
While controllability is an important factor in allocating costs to responsibility centers, it is not the only consideration. Other factors, such as the ability to measure the cost accurately, the fairness of the allocation method, and the ability to motivate managers to act in the organization's interest, are also important.
Therefore, the attribute of controllability alone would be the least persuasive in deciding to allocate costs to responsibility centers.
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Advances in technology has increased the number of people needed to
A. Develop computer software
B. Teach children in schools
C. Work on assembly lines
D. Serve in the military
Answer:
A. develop computer software
According to the rule of 72, if you deposit
$100 in an account that pays 9% compound
interest, how long will it take that initial deposit
to reach $200?
Answer:
Compound Interest works in a continuous pattern.
The formula is x = 100*(1.09)^y
x = the amount received after interest.
y = the number of years
x = 100*(1.09)^9
x = $217.19
It would take 9 years for the initial deposit to reach $200
compared with u.s. citizens of higher income, those of lower income are
Compared with U.S. citizens of higher income, those of lower income are generally more likely to experience economic challenges and have less access to resources and opportunities.
Some of the differences between higher and lower-income citizens in the U.S. include:
Income and wealth: Lower-income citizens typically earn less income and accumulate less wealth than those with higher incomes.Education: Lower-income citizens are less likely to have access to high-quality education and may have fewer opportunities for advanced education or training.Health: Lower-income citizens may have poorer health outcomes due to a lack of access to healthcare, healthy food options, and safe living conditions.Employment: Lower-income citizens may have fewer job opportunities, experience unemployment more often, and earn lower wages than those with higher incomes.Housing: Lower-income citizens may struggle to find affordable housing and may have to live in unsafe or overcrowded conditions.These differences in economic resources and opportunities can contribute to a range of social and economic inequalities, including disparities in health, education, employment, and overall well-being.
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The unadjusted trial balance of Lock Corporation on December 31, 2022 included the following: Debit Credit Accounts receivable $260,000 Allowance for doubtful accounts 1,900 Sales revenue $3,540,000 Sales returns and allowances 42,000 On January 1, 2023, Lock sold $170,000 of its accounts receivable to Latch Incorporated on a with recourse basis. Latch assessed a 3% finance charge of the balance of accounts receivable and retained an amount equal to 5% of accounts receivable for possible adjustments.
Required
1. Prepare the fiscal 2022 year-end adjusting journal entry assuming that the estimate of uncollectible accounts is determined by taking 4% of gross accounts receivable. You must provide a detailed calculation of the amount. Journal entry description is not required.
2. Prepare the journal entries for Lock AND Latch to record the sale of the accounts receivable to Latch, assuming that the recourse liability had a fair value of $8,000. You must provide detailed calculations of amounts. Journal entry description is not required.
The adjusting journal entry for the estimate of uncollectible accounts can be calculated as follows:
Calculate 4% of the gross accounts receivable:
$260,000 (gross accounts receivable) * 4% = $10,400
Determine the increase in the allowance for doubtful accounts:
$10,400 - $1,900 (existing allowance) = $8,500
Record the adjusting journal entry:
Debit: Allowance for doubtful accounts $8,500
Credit: Bad debt expense $8,500
To record the sale of accounts receivable to Latch, we need to consider the fair value of the recourse liability and the finance charge:
Calculate the finance charge on the accounts receivable sold:
$170,000 (accounts receivable sold) * 3% (finance charge) = $5,100
Calculate the amount retained by Latch for possible adjustments:
$170,000 (accounts receivable sold) * 5% (retained amount) = $8,500
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Which document determines the number of shares in a company?
a stock prospectus
an annual bill of rights
a corporate charter
an annual report
Answer:
C. a corporate charter
A Corporate Charter is document determines the number of shares in a company.
What is Corporate Charter?
Corporate charter is a legal document which is issued with the Secretary of State or registrar in order to establish a company as a corporation and contain every detailed information about company's share. The corporate charter contain information about governance, structure, objectives, operation, other information about the company and information about that total company shares and how much the company is willing to sell.
Therefore, A Corporate Charter is document determines the number of shares in a company
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ECON please answer this question ASAP
Question 8 of 25
A factory laying off a lot of workers in a town is most likely to lead to which of
the following?
O A. Economic recovery.
B. A buyer's market.
C. Increase in population density.
O D. Rise in housing investment.
CIT
Answer:
B. A buyer's market
Explanation:
Answer: A buyer's market
Explanation:
Studies suggest that a higher tax on cigarettes would reduce teen smoking and premature deaths.
1. Should cigarette taxes therefore be raised?
2. If they are raised, what is the benefit to society?
3. What happens to the price of cigarettes? For teen smokers? For all smokers, regardless of age?
4. Is the demand for cigarettes price elastic or price inelastic and what is the impact on teen spending and income for teens who smoke?
5. Is "cigarette taxes should be raised" a positive or normative statement, why?
1. Whether cigarette taxes should be raised is a decision that involves considering various factors beyond the impact on teen smoking and premature deaths.
While studies suggest that higher taxes can reduce teen smoking and prevent premature deaths, other considerations such as economic impacts, individual liberties, and potential illegal activities should also be taken into account before making a decision.
2. If cigarette taxes are raised, the benefit to society could include a decrease in overall smoking rates, improved public health outcomes, reduced healthcare costs associated with smoking-related illnesses, and a potential decrease in the societal burden caused by smoking-related issues.
3. When cigarette taxes are raised, the price of cigarettes typically increases. This increase in price affects both teen smokers and all smokers, regardless of age. Teen smokers may face higher prices that act as a deterrent or financial barrier to purchasing cigarettes. For all smokers, higher prices may lead to a decrease in cigarette consumption or increased spending on cigarettes.
4. The demand for cigarettes is generally considered price inelastic, meaning that changes in price have a relatively small impact on the quantity demanded. For teen smokers, higher cigarette prices may result in reduced spending on cigarettes or a shift towards alternative, potentially riskier, smoking options. The impact on teen spending and income would depend on individual circumstances and personal choices.
5. The statement "cigarette taxes should be raised" is a normative statement because it expresses a value judgment or opinion about what should be done. It is not a purely factual statement that can be objectively proven or disproven. The decision to raise cigarette taxes involves weighing different perspectives, values, and considerations, and it may vary depending on individual beliefs, societal priorities, and the overall policy goals pursued.
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The __________ metric measures how many shipments are delivered per the requested delivery date.
The "On-time Delivery" or "Delivery Performance" metric measures how many shipments are delivered per the requested delivery date.
The On-Time Delivery (OTD) metric measures how many shipments are delivered per the requested delivery date. This metric is important for evaluating the performance of a supply chain or logistics system, as it helps ensure customer satisfaction and maintain a high level of service.
This metric provides insights into the company's ability to meet customer delivery expectations, manage transportation and logistics operations effectively, and maintain reliable supply chain performance.
The formula for calculating the On-time Delivery or Delivery Performance metric can be expressed as:
On-time Delivery = (Number of shipments delivered on time / Total number of shipments) x 100
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1 WHICH OF THE FOLLOWING PRODUCT IS LIKELY TO BE MADE USING BATCH PRODUCTION?
A MOBILE PHONE
B TOLIET PAPER
C PETROL
D CLOTHES
2 DENTAL TREATMENT IS PROVIDED USING WHICH FORM OF PRODUCTION ?
A FLOW PRODUCTION
B BATCH PRODUCTION
C JOB PRODUCTION
D CAPITAL INTENSIVE PRODUCTION
3 WHICH OF THE FOLLOWING IS AN ADVANTAGE OF JOB PRODUCTION RELATIVE TO OTHER PRODUCTION METHOD ?
A UNIT COST WILL BE LOWER
B PRODUCTION SPEEDS ARE FASTER
C WORKERS MAY BE BETTER MOTIVATED
D FEWER RESOURCES ARE NEEDED
Answer:i THINK num one is C
i THINK num two is B
i THINK num three is D but im not as confedent as the other two.
Explanation:
combine like terms to simplify 13q2 + 4q2
Answer:
17q^2
Explanation:
you add the like terms and 13+4 is equal to 17
why is it important to connect with more people in your profession or trade this three ways to get connected
It is important to connect with more people in your profession or trade because it can lead to valuable opportunities, knowledge sharing, and professional growth.
Why is connecting with more people in your profession or trade beneficial?Connecting with others in your profession or trade can have numerous benefits. Firstly, it opens doors to valuable opportunities such as job leads, partnerships, or collaborations. By expanding your network, you increase your chances of discovering new avenues for growth and advancement in your career.
Secondly, connecting with professionals in your field allows for the exchange of knowledge and ideas. You can learn from others' experiences, gain insights into industry trends, and stay updated on the latest developments. This knowledge sharing can enhance your expertise and keep you competitive in your field.
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Gary and Houston have been running their own business for three years. When they started the business, they developed a guide for the planning policy which incorporated major policy decisions and methods for setting policies. They developed individual plans for carrying out each of the phases of the initial plan and even created a checklist, flow chart, and accountability chart for overseeing the implementation of all of the individual plans. Gary is finding it difficult keeping the plans straight when talking to Houston about them. What names should he use to refer to the guide, individual plans, and the plan to oversee the other plans
Answer: Strategic plan, tactical plan, operational plan
Explanation:
The names that he should use to refer to the guide is the strategic plan. The strategic plan is used to know the goals of an organization and the.needed strategies that'll enable the achievement of the goals.
The individual plans, refer to the tactical plans and it occurs after the strategic plan has been created. The tactical plan simply shows the steps that will be taken for the goals to be accomplished.
The plan to oversee other plans is the operational plan. The operational plan is drawn by the company in order to propel the company to be successful and achieve its goals.
the mcallisters had several serious problems with their house, including leaks in the ceiling, a buckling wall, and dampness. they repaired the buckling wall by installing i-beams to support it, but never resolved the leaks or the dampness. when they decided to sell the house, they said nothing to prospective buyers about the problems. if asked, they stated that the i-beam had been added for reinforcement. the silvas bought the house for $60,000 and immediately began to have problems with leaks, mildew, and dampness. are the silvas entitled to any money damages?
The Silvas may be entitled to money damages if they can prove that the McAllisters knew about the leaks and dampness but failed to disclose these issues to them before the sale, but the specific laws regarding property disclosure vary by jurisdiction and it is advisable for the Silvas to seek legal advice.
Yes, the Silvas may be entitled to money damages if they can prove that the McAllisters knew about the leaks and dampness but failed to disclose these issues to them before the sale. This is because the McAllisters had a legal duty to disclose any known material defects in the property, and failing to do so can be considered fraud or misrepresentation.
The fact that the McAllisters repaired the buckling wall by installing i-beams suggests that they were aware of structural issues with the house, and it is possible that they knew about the leaks and dampness as well.
If the Silvas can show that the McAllisters intentionally or negligently withheld information about these problems, they may be able to recover damages for the cost of repairs, as well as any other expenses incurred as a result of the undisclosed defects.
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in a public stock company, senior executives, such as the ceo, face agency problems when:
In a public stock company, senior executives such as the CEO face agency problems when their interests may not align with the interests of the shareholders, who own the company.
The executives' own interests, such as job security, compensation, and benefits, may take precedence above maximising shareholder value. This misalignment of interests can result in actions that degrade the company's performance and reduce shareholder value.
For example, CEOs may participate in short-term measures such as cost cutting and deferring investments in order to increase the company's financial performance in the short run, even if doing so undermines the company's long-term prospects. This could erode the company's competitiveness and profitability over time.
Companies may utilise methods such as executive salary connected to performance measures, independent directors on the board, and regular shareholder voting to keep CEOs accountable in order to alleviate these agency issues.
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Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD
Answer:
D (all of the above)
Explanation:
When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.
What is network relationships?Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.
Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.
With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.
Therefore, option D is correct.
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a buyer offered $150,000 for a home. the seller countered at $160,000. the buyer did not accept the seller's counteroffer. the seller told her broker that she was revoking the counteroffer and accepting the buyer's original offer. which statement is true regarding this situation?
In this situation, the seller can revoke her counteroffer and accept the buyer's original offer up until the time the buyer rejects the counteroffer. Option D is the correct answer.
The seller has the right to revoke her counteroffer and accept the buyer's original offer as long as the buyer has not already rejected the counteroffer. Until a contract has been signed by both parties or until the offer has been accepted, rejected or revoked, there is no binding agreement between the buyer and the seller.
In this case, the seller's counteroffer was not accepted by the buyer. Therefore, the seller has the right to revoke the counteroffer and accept the original offer from the buyer. This is a common scenario in real estate negotiations, and it is important for buyers and sellers to understand their rights and obligations during the negotiation process.
It is worth noting that once the seller has accepted the original offer, there is a binding contract between the buyer and seller. At that point, the terms of the contract must be followed, and any attempts to change the terms of the contract must be agreed upon by both parties.
Option D is the correct answer.
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Complete question is:
A buyer offered $150,000 for a home. the seller countered at $160,000. the buyer did not accept the seller's counteroffer. the seller told her broker that she was revoking the counteroffer and accepting the buyer's original offer. which statement is true regarding this situation?
A) The buyer and seller have not entered into a contract for $150,000
B) The seller cannot now accept the original offer because it was killed by the counteroffer
C) The seller has breached the buyer's contract, and the buyer can sue to force the seller to take a lower price
D) The seller can revoke her counteroffer and accept the buyer's original offer up until the time the buyer rejects the counteroffer
Heyy
Can someone help me please
Brooks Development Corporation (BDC) faces the following capital budgeting decision. Six real estate projects are available for investment. The net present value and expenditures required for each project (in millions of dollars) are as follows:
Project 1 2 3 4 5 6
Net Present value ($Millions) $15 $5 $13 $14 $20 $9
Expedature required ($Millions) $90 $34 $81 $70 $114 $50
There are conditions that limit the investment alternatives:
• At least two of projects 1, 3, 5, and 6 must be undertaken.
• If either project 3 or 5 is undertaken, they must both be undertaken.
• Project 4 cannot be undertaken unless both projects 1 and 3 also are undertaken.
The budget for this investment period is $220 million.
a. Formulate a binary integer program that will enable BDC to find the projects to invest in to maximize net present value, while satisfying all project restrictions and not exceeding the budget
Making a capital budgeting choice! In order for me to better assist you, kindly give me with the net present value and necessary expenses for each of the six real estate projects.project (in millions of dollars) are as
Making a financial plan for a specific time period for a company or a person is the process of budgeting. It entails anticipating and allocating resources for upcoming costs while accounting for anticipated revenue, costs, and other financial commitments. Budgeting is crucial because it makes it possible to monitor an organization's financial development and guarantees that its financial resources are used wisely. It offers a framework for making decisions and aids in finding possible areas for cost-saving strategies and savings. There are many different sorts of budgets, including operational, capital, cash, and master budgets. Accurate financial information, reasonable assumptions, ongoing monitoring, and review are necessary for effective budgeting.
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many wasps and bees have an hourglass-shaped body with prominent striping. most also have a sting that they use for defense and/or for capturing prey. tropical entomologists have long known that there are many other species of insects that lack a sting, such as flies, moths and beetles, that are remarkable mimics of bees and wasps. the mimics probably arose through
The question you have asked is "many wasps and bees have an hourglass-shaped body with prominent striping. Most also have a sting that they use for defence and/or for capturing prey. Tropical entomologists have long known that there are many other species of insects that lack a sting, such as flies, moths and beetles, that are remarkable mimics of bees and wasps. The mimics probably arose through..."
The tropical entomologists have long suggested that these other species of insects evolved to mimic the appearance and behaviour of bees and wasps in order to gain protection from predators. The resemblance of these mimics to the wasps and bees can be attributed to a process known as 'Batesian mimicry'. This process is when a less dangerous species takes on the characteristics of a more dangerous species in order to deceive predators. In this case, the less dangerous species of insects (such as flies, moths and beetles) evolved to look like the more dangerous bees and wasps in order to gain protection from their predators.
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1. What is the purpose of using credit?
2. List several sources of consumer credit.
3. What types of information are asked for on a typical credit
Application?
4. How are store credit accounts different from bank credit card
Accounts?
5. How are credit cards different from charge cards?
6. How is a single payment similar to an installment loan? How is it
Different?
7. Give two examples of collateral that might be used to secure a loan.
8. What is the responsibility of a cosigner of a loan?
9. How is a line of credit different from other types of loans?
10. List several benefits of using credit.
Answer: To earn CREDIT
Explanation:
The _________ is the interest rate that banks make available to their best business customers.
The prime rate is the interest rate that banks make available to their best business customers.
What is prime rate ?The interest rate that commercial banks charge its most creditworthy clients, typically major enterprises, is known as the prime rate. The Federal Open Market Committee's federal funds rate, often known as the prime lending rate, plays a significant role in determining the prime interest rate.
The current interest rate that U.S. financial institutions charge their most valuable clients is known as the prime rate. These customers qualify for this best rate due to their great credit and the low risk their loans provide to their banking institutions.
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You just started your first full-time job, and one of the benefits is a retirement savings plan. Someone in the human resources department is going over your benefits and says that you have make choices about how the retirement savings plan is invested. She gives you some papers to read and asks you to stop by and let her know your choices when you come to work tomorrow. What must you consider as you read the information and make your choices? Answer in complete sentences.
I need to be aware that investment options and the market conditions can change over time, and I should regularly review and adjust my investment choices as to ensure I am on the track to meet my retirement goals.
What is retirement?Retirement is a phase in a person's life when they choose to stop working or reduce their work hours. It is a time when people typically have reached a certain age, have accumulated enough savings or investments, and are ready to leave the workforce. Retirement can be a voluntary decision or forced due to health issues or other reasons. During retirement, individuals can pursue hobbies, travel, spend time with family and friends, and engage in leisure activities they did not have time for while working. Retirement also involves careful financial planning to ensure that one's income will be sufficient to support their lifestyle and cover expenses, such as healthcare and housing. Many people also choose to seek advice from financial planners and other professionals to help them navigate this phase of life.
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what is the relationship between demand management and demand forecasting? demand management is done by operations managers, while demand forecasting is done by marketing managers.
The relationship between demand management and demand forecasting is that while the latter is proactive, the former is predictive.
Forecasting aims to foretell, whereas demand management takes a proactive approach. Forecasts merely aim to predict demand, whereas demand management strives to actively affect demand. All demand for commodities is taken into account in demand management and forecasting to support the market. By anticipating future sales, demand forecasting enables organizations to optimize inventory.
Demand managers may make well-informed decisions about anything from inventory planning and warehousing requirements to running flash sales and satisfying consumer expectations by reviewing past sales data. Demand management is a form of planning, that firms use to estimate demand for commodities and plan how to meet that demand. The links between operations and marketing are strengthened via demand management. As a result, strategy, capacity, and customer needs are better coordinated.
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Tax Structure 1
Family
A
B
C
Income
$10,000
$50,000
$100,000
Tax amount
2,000
2,000
2,000
% of income paid as
tax
[a]
[b]
[C]
The percentage of income paid as tax for A is 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
What is tax?A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
The percentage of income paid as tax for A is:
= 2000/10000 × 100
= 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
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Suppose that Sam, the owner of a 2015 Chevrolet Camaro, contracts with Ace Automotive Repair, Inc. in Racine, Wisconsin for the sale and installation of a new engine. Per the terms of the contract, the engine will cost $5,000, while the labor charge for the engine installation will cost $1,000. Which of the following is true?
A. Under the substantial performance doctrine, Article 2 of the Uniform Commercial Code (UCC) applies to this contract.
B. Under the predominant purpose test, Article 2 of the Uniform Commercial Code (UCC) applies to this contract.
C. Article 2 of the Uniform Commercial Code (UCC) does not apply to this contract, since the contract involves services (i.e., it does not just involve the sale of the engine, a good). Instead, federal contract law applies to this transaction.
D. Article 2 of the Uniform Commercial Code (UCC) does not apply to this contract, since the contract involves services (i.e., it does not just involve the sale of the engine, a good). Instead, Wisconsin (i.e., state) contract law applies to this transaction.
The TRUE statement about the contract between Sam, the owner of a 2015 Chevrolet Camaro, and Ace Automotive Repair, Inc. for the sale and installation of a new engine, is B. Under the predominant purpose test, Article 2 of the Uniform Commercial Code (UCC) applies to this contract.
What is the predominant purpose test?Under the predominant purpose test, the court assesses if the predominant purpose of the transaction is to sell the goods (engine) or to provide the service (installation).
Essentially, since the predominant purpose is to sell the engine, Article 2 of the Uniform Commercial Code applies.
The Uniform Commercial Code comprehensively covers all commercial transactions but not every aspect of commercial law. The subjects that are not covered are:
The sale of real propertyMortgagesInsurance contractsSuretyship transactions Bankruptcy.Thus, the TRUE statement about the contract between Sam, the owner of a 2015 Chevrolet Camaro, and Ace Automotive Repair, Inc. for the sale and installation of a new engine, is Option B.
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When will the new Stranger Things season come out?
Possibly somewhere in early 2021. According to netflix.
Answer:
Around March 2021
Explanation:
According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?
Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.
Describe an example of an equity investment that can also produce income. (1-3 sentences)
The most prevalent sort of equity income investing is stocks. Companies typically pay dividends to reward shareholders, attract investor money, and boost share prices when they have limited investment alternatives and extra cash.