The free-market quantity of public goods is generally LESS THAN THE EFFICIENT QUANTITY.
Free market is an idealized system of market where the prices of goods and products are determined by an open market and consumers. In this market system, the government does not impose laws and regulate the market.
Answer:
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It's C for sure because according to the question cause theirs an opening in any wall
Answer:
Option (C) is correct.
Explanation:
Given that,
Revenues = $55,632 million
Net operating profit after tax = $9,954 million
Net operating assets at fiscal year-end 2016 = $58,603 million
Net operating assets at fiscal year-end 2015 = $59,079 million
Net operating profit margin is determined by dividing the net operating profit after tax by the total amount of revenues during a fiscal year.
Net operating profit margin:
= (Net operating profit after tax ÷ Revenues) × 100
= ($9,954 ÷ $55,632) × 100
= 0.1789 × 100
= 17.89%
An entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.