Marke is 22 years old, and has just been offered a job as manager of a clothing store in a nearby mall. Mark is confident he can make a profit for several reasons. He has always been interested in fashion and knows what clothes are popular. He paid his way through college by working at several small stores, and thus picked up practical experience. In addition, Mark studied buying and selling in school. His business courses taught him the basic techniques for running stores profitably. If the store makes enough profit, Mark is sure he will get a large bonus at the end of the year. Basic Economic Questions From what you have read, fill in the chart below with examples that show how each economy would answer the basic economic questions. Economy What type of What and how much should be produced? Who should How should Who should produce what? goods and services be produced? share in what economic is produced? system is described? Mark's:

Marke is 22 years old, and has just been offered a job as manager of a clothing store in a nearby mall. Mark is confident he can make a profit for several reasons. He has always been interested in fashion and knows what clothes are popular. He paid his way through college by working at several small stores, and thus picked up practical experience. In addition, Mark studied buying and selling in school. His business courses taught him the basic techniques for running stores profitably. If the store makes enough profit, Mark is sure he will get a large bonus at the end of the year. Basic Economic Questions From what you have read, fill in the chart below with examples that show how each economy would answer the basic economic questions. Economy What type of What and how much should be produced? Who should How should Who should produce what? goods and services be produced? share in what economic is produced? system is described? Mark's:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The table shows the costs and revenue for Glitter Ltd., a monopolistic competitor that sells earrings. Calculate the missing values in the table to the nearest whole number.
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Activity 2 Directions: Read the story carefully. Analyze the business. Then answer the questions at the end of the story. Anne and Cherry are friends since high school. Anne is good in baking and Cherry is good in selling. To increase their income, they decided to put up an online business of bakery products. They contributed 10,000 each to start the business and decided to split the profit equally as business partners. The friends agreed that Anne will be in charge of the production while Cherry will be in charge of the online site for taking marketing and promotion. Cherry started taking orders while Anne is busy on baking products. The business started to get big orders from their regular clients and other who visited their online site. After one year of operation, while Cherry continue with her regular work Anne as in-charge of the production, started getting sick and advised to rest. Now, Anne can no longer continue baking for their business. 1. What went wrong with the business?…
O all of the above A good idea when delaing with a company you've never heard of before would be to * O study its advertising or other marketing materials carefully expect that it will confirm to teh same standards of reliability as companies you do know O recognize that new companies come along all the time check it's reputation through family, friends, or agencies such as Better Business Bureau A wise plan for budgeting your money is to * 1pc avoid writing a budget down because it will change O allow no money for entertainment or recreation O plan to save a given percentage of your income first buy things that you want first so that you can afford them
please explain correctly.not use excel
John was a troubled teen and got arrested several times and even spent some time in a juvenile detention center. John is now 22 years old and briefly attended Highline College but dropped out and has no job. John’s grandmother is very concerned, so she promised John that if he got a steady job, did not break the law again, and if he went back to Highline College if he could be re-admitted, she would pay John $50,000. John loved his grandmother and he promised to do all of that for her. Discuss whether these various promises on John’s part would constitute valid consideration for the payment of the $50,000. Please fully explain your answer for all the points.
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if you use excel please show formulas