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2 years ago

How does the free-enterprise system discourage entrepreneurs who waste resources?

1 answer:

6 0

The free-enterprise system discourage entrepreneurs who waste resources because They can't make a profit and are forced out of business.

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

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

In this Private businesses as well as the consumers control the marketplace , however free-enterprise system discourage entrepreneurs who waste resources because They can't make a profit and are forced out of business.

Learn more about free-enterprise system at:

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Prepare summary journal entries to record the following transactions for a company in its first month of operations.

iragen [17]

Answer: The journal has been attached

Explanation:

The summary journal entries to record the following transactions for a company in its first month of operations has been attached.

Note that the work on process Inventory for (f) was calculated as the direct labor of 40000 multiplied by 125%. This will be:

= 40000 × 125%

= 40000 × 1.25

= 50000

4 0

3 years ago

. Based on the following data, Accounts payable…………………………………………………..... $62,000 Accounts receivable…………………………………………………. 100,000

Temka [501]

Answer: $428,000

Explanation:

Given that,

Accounts payable = $62,000

Accounts receivable = 100,000

Cash = 30,000

Inventory = 138,000

Land = 160,000

Common Stock = 200,000

Revenue = 80,000

Dividends = 56,000

Expenses = 40,000

Total assets = Accounts receivable + Cash + Inventory + Land

= 100,000 + 30,000 + 138,000 + 160,000

= $428,000

3 0

4 years ago

A numerically controlled machining center has an average processing capacity of 5,000 units per day. It receives an average of 3

faltersainse [42]

Options A. 3000 units per day. B. 5000 units per day. C. 1000 units per day. D. None of the above.

Answer:C. 1000 units per day

Explanation: Flow rate is a manufacturing or production terminology used to describe the amount of a certain raw materials,goods or services that are able to pass through or be able to produce in a given time. It is often measured in Hours or day.

According to the question the amount the machine has to supply for the packaging machine to package per day as finished products is 1000 unit, what is means that the FLOW RATE OF THE MACHINE PROCESS IS 1000 UNITS PER DAY.

4 0

3 years ago

Assuming the required-reserve ratio is 20%, after a $5 billion purchase of securities (government bonds) from the non-bank publi

9966 [12]

Answer: $25 billion

Explanation:

The increase in cash as a result of a deposit into the banking system, no cash leakages and a required-reserve ratio is:

= Deposit into banking system * Money multiplier

Money multiplier = 1 / Required reserve ratio

= 1 / 20%

= 5

Checkable deposit increase:

= 5 billion * 5

= $25 billion

8 0

3 years ago

A customer relationship management (CRM) system contains the names and phone numbers of customers. Such things stored in a CRM s

Lunna [17]

Answer:

Data

Explanation:

According to my research on customer relationship management, I can say that based on the information provided within the question things stored in a CRM system are part of the Data component. This is because it is data being stored in order for the system to be able to function correctly by accessing that data on command.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0

3 years ago