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Leona [35]
3 years ago
10

What drives american free enterprise? the desire for economic equality the need to own a home the need to make a living the desi

re for profit description?
Business
2 answers:
Akimi4 [234]3 years ago
5 0

Answer:

the desire for profit

Explanation:

gradpoint

Feliz [49]3 years ago
3 0
The American enterprise is driven by the desire for profit. <span>The desire for profit is what fuels free enterprise and capitalism.
</span>Basic  principles of the free enterprise are profit motive (t<span>he force that encourages people and organizations to improve their material well-being)</span>, open opportunity (the concept that everyone can compete in the marketplace)<span> and economic rights.
</span>
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"Because apples and oranges are substitutes, an increase in the price of or¬anges will cause the demand for apples to increase.
irinina [24]

Answer:

The correct answer is option a.

Explanation:

Apples and oranges are substitutes. An increase in the price of oranges will cause the demand for apples to increase. This is because people will prefer a cheaper substitute. This increase in the demand for apples will cause its demand curve to shift to the right.

The rightward shift in the demand curve will cause the equilibrium price to increase. But this change in price will not cause a change in demand. The change in price affects only the quantity demanded. Change in demand happens because of a change in other factors.

So, the given statement is not correct.

7 0
3 years ago
A lump sum of $5,000 is invested at 10% per year for five years. The company's cost of capital is 8%. Which is true? The investm
irga5000 [103]

Answer:

The correct answer is B: The investment has a future value of $8,053

Explanation:

Giving the following information:

A lump sum of $5,000 is invested at 10% per year for five years. The company's cost of capital is 8%.

We need to calculate the final value of the investment. We will use the following formula:

FV= PV*(1+i)^n

FV= 5,000*1.10^5= $8,052.55

3 0
3 years ago
With an increase in marketing expenditure, market demand ______. A) continues to increase at an increasing rateB) initially incr
morpeh [17]

Answer:

C) increases first at an increasing rate, then at a decreasing rate.

Explanation:

When marketing expenditure is increased, this will lead naturally to an increase in market demand. This increase in market demand is an increasing one. For example successive increase in demand can be 2, 4, 8, 15.

At a point when diminishing utility sets in the customers are maximising utility and need less of the product. Demand will increase at a decreasing rate. For example 30, 40, 46, 50, 52.

8 0
3 years ago
Make a simple poem regarding the learning’s that you acquired in managing the finances. (4 Stanzas only with rhyme and with no m
dangina [55]

Answer:

My net worth is my assets less my liabilities

I should therefore not spend above my capabilities

Pay off the debt required and then a little more

That way I can have, a great credit score

Like everything else, I must plan my finances

Create a budget and include my expenses

And make space for an emergency fund

So on rainy days I don't find myself cashless and hamstrung

Its important to remember that I won't work forever

I should therefore set something aside, to fall back on

When I'm too old and grey to embark on strenuous endeavor

I'll be well taken care of because I remembered my pension

And I shouldn't forget, to keep a proper record

Get educated in a financially sound method

That way I can know what comes in and what goes out

I'll be sure of my situation and leave room for no doubt

4 0
2 years ago
Diana is a customer of Apexoria Bank, which is not a member of the FDIC. She currently has a checking account with $11,000 in it
Stella [2.4K]
<span>The answer is A.$0 Since, the Apexoria Bank is not a member of FDIC, no money of Diana is FDIC protected.</span>
7 0
3 years ago
Read 2 more answers
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