Answer:
The answer is: B) Time utility
Explanation:
Time utility refers to the business practice of making products or services available during the times that they are most convenient or desirable for customers.
For example, stores are decorated differently for Halloween than for Christmas, and the products they sell are also different.
Answer: necessity entrepreneur
Explanation: While an entrepreneur is described as someone who organizes and operates a business venture and assumes much of the associated risks, necessity entrepreneurs only do so out of necessity (the quality or state of being necessary, unavoidable, or absolute requisite). As such, they are individuals ranging from educated persons to street sellers especially in developing countries who create small businesses or enterprises out of the need to survive. In Michael Peters' case, he lost his job due to downsizing which caused him to apply his skills and talents to starting up a business.
The answer is <u>"A. Interest earning".</u>
A debit is an accounting entry that outcomes in either an expansion in resources or a decline in liabilities on an organization's accounting report. In basic accounting, debits are adjusted by credits, which work the correct inverse way. For example, if a firm applies for a new line of credit to buy gear, it would debit settled resources and credit a liabilities account, contingent upon the idea of the loan.
Answer:
works because prices serve as a means of communication between consumers and producers.
Explanation:
Market mechanism is the money is used as a medium of exchange between buyers and sellers in a open system of value (market).
In the market mechanism consumers are interested in maximising utility, while sellers want to maximise profit.
Demand and supply mechanics works to properly allocate resources according to fluctuations in price.
So market mechanism is successful because price has become a means of communication between buyers and sellers in their mission to maximise utility and profit.