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vazorg [7]
3 years ago
7

Which situation best reflects the concept of free enterprise? Consumers have a choice between two bakeries in a single city bloc

k. An agency determines which supplements are safe for people to buy. Local officials set the prices for all the gas stations in a community. The government decides the minimum wage for all airline workers.
Business
2 answers:
SVETLANKA909090 [29]3 years ago
6 0
The second option: an agency determines which supplements are safe for people to buy.

1) A choice between two bakeries is not sufficient for considering totally free.

2) Setting the prices by officials is not an example of free enterprise.

3) Stating the minimum wage is not an example of free enterprise.

Given that supplements are part of healthy sector it is important that a specilized agency pronounce about safety. The certification of the suplements as self permit manufacturers and consumers interact freely.
svet-max [94.6K]3 years ago
4 0
Free enterprise is when people enjoy many economic freedoms. Having this in mind, the situation that best reflects the concept of free enterprise is the first choice - consumers have a choice between two bakeries in a single city block.
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Question Suppose you have $200,000 in a bank term account. You earn 5% interest per annum from this account. You anticipate that
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