All categories

2 years ago

The right_is when businesses can complete against each to sell their goods and services to buyers

Business

1 answer:

enot [183]2 years ago

8 0

In free enterprise when businesses can complete against each to sell their goods and services to buyers.

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

Free enterprise, can be described as the free market or capitalism, which is an economic system driven by supply and demand.

In this case, it should be noted that In free enterprise when businesses can complete against each to sell their goods and services to buyers.

We can conclude that in a free Enterprise, the economy is been driven by the demand and the control of the market is with the businesses as well as the consumer and in this type of market, there is no invention of the government and they do not hold any central plan.

Learn more about free enterprise from

brainly.com/question/3369578

#SPJ1

You might be interested in

Assume the following amounts: Total fixed costs Selling price per unit Variable costs per unit If sales revenue per unit increa

sineoko [7]

Answer:

The correct option is c. 129,000.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Assume the following amounts:

Total fixed costs. $15,000

selling price per unit. $19

variable costs per unit. $12

if sales revenue per unit increases to $21 and 16,000 units are sold what is the operating income?

a 159,000

b. 336,000

c. 129,000

d. 144,000

The explanation to the answer is now provided as follows:

Since sales revenue per unit increases to $21, we use it as the selling price and proceed as follows:

Computation of Operating Income

Particular Amount ($)

Sales revenue (16,000 * $21) 336,000

Variable cost (16,000 * $12) (195,000)

Contribution 144,000

Fixed cost (15,000)

Operating income  129,000 

Therefore, the correct option is c. 129,000. That is, operatin income is $129,000.

5 0

4 years ago

Which of the following statements best describes a chart of accounts?

krok68 [10]

The right answer for the question that is being asked and shown above is that: "d. It s a list of account titles in the order in which they can be found in the ledger." The statement that best describes a chart of accounts is that d. It s a list of account titles in the order in which they can be found in the ledger.

8 0

3 years ago

Some of the mangos from your neighbor's mango tree drop into your yard. You don't like mangos and the fallen mangos make it hard

Ksenya-84 [330]

Answer:

Explanation:

Your neighbor pays you $400 to not have the tree cut down

7 0

3 years ago

Full-service banks are authorized to conduct business without a license granted by the federal or state government.

mixas84 [53]

Answer:

Explanation:

(c) Any person who engages in the business of money transmission without a license as provided herein shall be guilty of a felony and, on conviction thereof, shall be fined not more than $25,000, or imprisoned for not more than 5 years, or both. (July 18, 2000, D.C. Law 13-140, § 24, 47 DCR 3431.) § 26–1024. Promulgation of rules.

I hope this helped.

7 0

3 years ago

Minimum wage started at 25 cents per hour in 1938 and has risen

harina [27]

They can simply ask their boss for a raise or just wait it out and soon enough you’ll get a raise.

8 0

3 years ago