Ask Question
BusinessBusiness
5 December, 09:33

Which are fundamental principles of economics?

(Select all that apply.)

How will it be taxed?

How will it be produced?

How will it be defended?

How will it be distributed?

+4
Answers (1)
  1. 5 December, 12:19
    0
    How will it be distributed?

    Explanation:

    The fundamental principle of Economics is how will it be distributed? Economics is the study of production consumption and transfer of goods and services. There are two types of economics - Microeconomics and Macroeconomics.

    The distribution of wealth in the market is the main fundamental principle of the Economics. How income is distributed in the market and how the goods and services are produced to keep the demand and supply in check.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which are fundamental principles of economics? (Select all that apply.) How will it be taxed? How will it be produced? How will it be ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Ashland Corporation estimates its manufacturing overhead costs to be $360,000 and its direct labor costs to be $400,000 for 2020. The actual manufacturing labor costs were $120,000 for job 1, $180,000 for job 2 and $200,000 for job 3 during 2020.
Answers (1)
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $110 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a.
Answers (1)
The statement, "Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons to monopolize any part of the trade or commerce ... shall be guilty of a misdemeanor" is a part of thea. Clayton Act.
Answers (1)
Fanatics Company is preparing monthly cash budgets for the first quarter of the year. Monthly sales revenue in this quarter is estimated as follow: January, $18,500; February, $16,000; March, $11,000.
Answers (1)
Stockholders investment appears in
Answers (2)
New Questions in Business
Pita Pal sells fast-food franchises. Pita Pal receives $83,000 from a new franchisee for providing initial training, equipment, and furnishings that together have a stand-alone selling price of $83,000.
Answers (1)
If a client chooses to pay premiums other than annually, what can he or she expect?
Answers (1)
Antone Company sells office equipment on July 31, 2017, for $21,000 cash. The office equipment originally cost $72,000 and as of January 1, 2017, had accumulated depreciation of $42,000. Depreciation for the first 7 months of 2017 is $4,600.
Answers (1)
An entrepreneur who plans to open a cuban restaurant in nashville has a 20 percent chance of success. which kind of probability is it
Answers (1)
Which of the following steps in a measuring system involves implementing an effective recognition system?
Answers (1)
Home » Business » Which are fundamental principles of economics? (Select all that apply.) How will it be taxed? How will it be produced? How will it be defended? How will it be distributed?
Sign Up Forgot Password?