Part Three: Construct Construct a circular-flow diagram for a business or industry in
your community. Diagram the flow of goods, services, and
money from your chosen industry to the various sectors of the
local and world economy
For example, a factory in your community creates jobs and
products. The income to the households creates spending in
the economy as people consume products, invest, and pay
taxes to the government.
Use the Research Chart to document how this business or
industry's activities affect the various sectors of the local and
world economy
Submit both the diagram and the chart in assessment 06.01
Economic Relationships.

Which of the following best explains why a large company can undersell small retailers? a. large companies can offer workers lower wages because they provide more jobs. b. large companies can pay their employees less because they do unskilled jobs. c. large companies can negotiate better prices with wholesalers. d. large companies have fewer expenses associated with overhead.

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?

What is the equity method balance in the investment in lindman account at the end of 2018?