Answer:
There are two answers to this::
1. No social or moral taboos on production
2. A competitive market system
The answer is:<span> the social values statement </span>
Answer:
contribution margin ratio
Explanation:
contribution margin ratio = price - variable cost
Answer: Undercapitalization
Explanation:
Susan's cake decoration business suffered from Undercapitalization.
Undercapitalization occurs when a business is not properly funded to maintain it's running. Undercapitalization is mainly common in small scale businesses with little start up capital.
Undercapitalization can cause inability to pay for: workers wages, rent, transportation of business supplies.
Insurance premiums, entrance fees, train fares, and organization dues are all examples of price.
<h3>What is price?</h3>
Price is the amount of payment or compensation given by one party to another for a good or service. In some situations, the price of the product has a different name. If an item is a "commodity" in a commercial exchange, the consideration paid for that item is likely to be called its "price."
There are many other types of price. Some of them, like the threshold price, are conceptual. Others relate to the timing of a potential deal or the relative strength of the buyer and seller. However, they all ultimately have something to do with the spot price.
To learn more about price, refer;
brainly.com/question/19091385
#SPJ4
