1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Phoenix [80]
2 years ago
12

Which of the following principles of a free enterprise system best explains why the businesses in an industry cannot maintain an

artificially high price?
Social Studies
1 answer:
lara31 [8.8K]2 years ago
7 0

The correct option is A). Open opportunity.

<h3>What is free enterprise system?</h3>

Free enterprise system is an economic system that provides the opportunity to the individuals to make their own economic decisions, free of go.

Customer preferences, demand and supply are the major drivers in this system. There is minimal or no government involvement in this. . Government can only set the rules, but cannot control the activities of the consumers and suppliers.

Thus, the principle of a free enterprise system explains why businesses cannot maintain high prices in open opportunity because there is free entrance and exit of competitors.

Learn more about the free enterprise system here:-

brainly.com/question/13297799

#SPJ1

You might be interested in
What must officers promptly inform juveniles of when taken into custody?
soldier1979 [14.2K]

Police officers should inform juveniles of their rights.

7 0
3 years ago
What is the goal of sustainable development
larisa [96]

Answer:

the goal of sustainable development are:

  • to preserve natural resources
  • to control degradation of environment or to protect environment
4 0
3 years ago
Can anybody help me on this
Shkiper50 [21]

i think it’s the second answer choice

7 0
2 years ago
Read 2 more answers
Please help me answer the questions below
zysi [14]

1. true2.false3.false4.the united states constitution5.statutory6.common7.the Texas constitution cannot and has not been amended8.false9.(5)10.anti-salery11.no

4 0
3 years ago
Where did native americans settle
Elina [12.6K]
Native Americans settled in different regions of the country.
8 0
3 years ago
Read 2 more answers
Other questions:
  • In which country or countries does the islamic state (also known as isis, isil, and daesh hold the most territory and conduct it
    15·1 answer
  • What the American flag means to me?<br> But no cliches please
    5·2 answers
  • Environmental issues whose dimensions include differential exposure to risk from toxic wastes and air pollution or differential
    12·1 answer
  • Main objective of the warsaw pact
    5·1 answer
  • 6. How can the closing of businesses lead to a recession?
    13·1 answer
  • when a person agrees to a regular, fixed payment of wages over a period of time, he/she agrees to earn a
    7·1 answer
  • Do you think that the government has the right to keep details of a war secret from the public?
    5·1 answer
  • How do the changes in the amount of sea ice impact a polar bear's diet
    10·1 answer
  • The yoruba religion:________
    13·1 answer
  • Which organizational structure has the disadvantage of ambiguous roles for senior executives?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!