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Jobisdone [24]
3 years ago
15

Brian has just finished college. He wants to set up a small business to make and sell fireworks. He registers his company and ac

quires a license from the government. He finds that most of his competitors are selling fireworks at an extremely low price. He would like to make more money, so he decides to innovate and develop better fireworks. He sells his fireworks at a higher price, and they are a huge hit with the customers. After a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. He even starts exporting fireworks overseas. Which type of economy does this scenario describe? mixed economy command economy communist economy traditional economy market economy
Business
2 answers:
fiasKO [112]3 years ago
8 0
<span>market economy market economy is the answer

I hope this helps!</span>
klasskru [66]3 years ago
4 0

Answer:

it is not market economy

Explanation:

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zloy xaker [14]

An<u> order winners </u>makes you distinctive, helping you differentiate yourself from rivals.

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8 0
1 year ago
Suppose that when the price of a good is $15, the quantity demanded is 40 units, and when the price falls to $6, the quantity in
Paraphin [41]

Answer:

(A) -5/6

Explanation:

Price elasticity of demand = % change in quantity demanded ÷ % change in price

% change in quantity demanded = (60-40)/40 × 100 = 20/40 × 100 = 50%

% change in price = ($6-$15)/$15 × 100 = -$9/$15 × 100 = -60%

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8 0
3 years ago
As mario is filling out his income tax forms, he makes the decision not to report all of his income. he figures that it is okay
Roman55 [17]
Mario is exhibiting the defense mechanism: rationalization. Mario justifies his controversial decision and behavior (his decision not to report all of his income)  in rational or logical manner. This defense mechanism has two steps. The first step is the <span>decision itself with no reason, and the second step is when the <span>rationalization is performed</span></span> .
6 0
3 years ago
What are the benefits of tracking income and spending according to a budget
Romashka [77]

Answer:

You won't go over on an account, also, if someone hacks into your account/ uses your money, you know who to contact, for you know that you didn't buy that item.

Explanation:

5 0
2 years ago
Read 2 more answers
Do women spend more time talking on the phone than​ men? a student collects data from students at her university and reports a​
zalisa [80]

<u>Answer</u>:

<u>No</u>

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Remember, that as used in statistics the Confidence intervals <em>only</em> ascertain the extent to which a sample is uncertainty or certainty, that is, the student report of a​ 90% confidence interval is just a probability the university population of men and women surveyed would fall under this range of value ​(minus 150,30).

Therefore, it cannot be concluded that mu​(women) is higher than mu​(men.

3 0
3 years ago
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