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3 years ago

What does free enterprise capitalism allow to flourish?

Business

2 answers:

spin [16.1K]3 years ago

5 0

Answer: It allows the exercise of individual initiatives

Explanation:

Individuals are free to initiate their own kind of production of goods/commodities that give them satisfaction and profits.

SCORPION-xisa [38]3 years ago

4 0

Free advertising to allow capitalism to flourish

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Would you recommend that Apple raise or lower its price for the iWatch to increase revenue?

melisa1 [442]

I would recommend it lower its price.

Explanation:

iWatch is not a product a lot of people wish for and it doesn't compliment the life of users enough to be expensive to buy. When it is expensive sales will reduce which would make sales revenue reduce but if the price is low a lot of people will patronize the product thus increase revenue.

#learnwithbrainly

6 0

3 years ago

Are the stages of product life cycle more important for a business to focus on the introduction stage or the growth stage of a p

ozzi

Product life cycle is important for a business to focus on the introduction stage then the growth stage because the products to gain distribution as the product is initially new in the market. The quality of product is not assured and the price of the product will also determine as low or high.

Explanation:

The cost is going to be on a higher side.
The sales will be slow since there is no awareness of the product.
There might be little or no competition in the market.
You make very little money of the product sold.
Customer are to prompted to take initiate into the product.
Demand has to be created.
Marketing cost at the highest level because of recognition.
Profit is received from product is very minimal.
First impression is the last impression that impression is created
In the introduction of the product.

4 0

3 years ago

Statement Of Owner's Equity Jay Pembroke started a business in April. Prepare a Statement of Owner's Equity using the following

Dovator [93]

Answer:

$2,433

Explanation:

Net Income = Sales - Expenses

where,

Sales = $3,033

and

Expenses = $600

therefore,

Net Income = $3,033 - $600 = $2,433

3 0

3 years ago

Floyd and Merriam start a partnership business on June 12, 2019. Their capital account balances as of December 31, 2020 stood as

Serga [27]

Answer:

d. Cash 27,000

Floyd, Capital 5,250

Merriam, Capital 1,750

Ramelow, Capital 20,000

Explanation:

First of all we need to calculate the total capital after admission

Total Capital after admission = $50,000 + $23,000 + $27,000 = $100,000

Share of Ramelow = Total Capital x Partnership share = $100,000 x 1/5 = $20,000

Actual Payment made by Ramelow = $27,000

Amount of goodwill paid by Ramelow = $27,000 - $20,000 = $7,000

This goodwill will be distributed between Floyd and Merriam as per their partnership ratio

Share of Goodwill ro Flyod = $7,000 x 3/4 = $5,250

Share of Goodwill ro Merriam = $7,000 x 1/4 = $1,750

3 0

3 years ago

Henry wants to buy a new table saw for his carpentry shop. He has saved $360, which is 2 third of the price of the saw. How much

ruslelena [56]

Answer:

It cost 540$

Explanation:

360/2=180

360+180=540

4 0

3 years ago

Read 2 more answers