What links markets together most quickly in response to new information? 1-Treaties that govern trade. 2-Careful...
What links markets together most quickly in response to new information?
1-Treaties that govern trade.
2-Careful planning by bureaucrats.
3-Entrepreneurs who look for methods of cutting costs.
4-Treaties, entrepreneurs, and bureaucratic planning.
Homework Answers
"C"
The entrepreneurs who looks for methods of cutting costs. They are always looking for new informations and use them to cut the cost, that will benefit the firm and help make profit.
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What links markets together most quickly in response to new
information?
1-Treaties that govern trade.
2-Careful...
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following statement is F/F
1. Between 1921 and 1928; the New Economy Policy allowed
markets to help economic recovery in the USSR. 2. The
administrative-command economy was the mechanism for resource
allocation in the former USSR between 1992 and WOLRD WAR II, but
was abandoned in 1946. 3. Although the Soviet Union was a large
country with a large population, it had few natural resources. 4.
Although the USSR had an elected government, the decision-making
authority in the economy was...
CASE 5 PANTRY MARKETS Pantry Markets is a medium-sized southeastern grocery chain head- quartered in Tampa, Florida. Sales for the chain have been growing at an average rate of 20% per annum; the chain opened four new stores last year. Although Mr. Carl Royal, president of Pantry Markets, is modest about his achievements, the grocery chain has been increas ingly recognized as a strong competitor in several markets. "In a nutshell," Mr. Royal says, "our marketing strategy over the years...
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