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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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A star basketball player signs a contract that newspaper reports indicate is worth​ $10 million. The player receives​ $2 million
Katena32 [7]

Answer:

D

Explanation:

-less than $10 million since the present value of $2million received one or more years from now is less than $2million

6 0
3 years ago
Why is education considered as foundation of any proffession.
olchik [2.2K]

Answer:

because you need to know certain things to be able to understand and properly do a job

Explanation:

3 0
3 years ago
Late in the​ semester, a friend tells​ you, ​"I was going to drop my psychology course so I could concentrate on my other​ cours
NISA [10]

Answer:

Your friend is not reasoning correctly

Explanation:

I'd say, since he admit to putting so much time and effort into psychology, there's simply no need to drop the course. So therefore, your friend is incorrectly reasoning.  

6 0
3 years ago
Feiler Corporation has total current assets of $493,000, total current liabilities of $357,000, total stockholders' equity of $1
Citrus2011 [14]

Answer:

The answer is C.

Explanation:

Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.

This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal

The formula for current ratio is:

Current assets/current liabilities

Total current assets is $493,000, Total current liabilities is $357,000

= $493,000/$357,000

=1.38

3 0
3 years ago
Community college credits never transfer to a 4 year institution
vampirchik [111]
False they can transfer credits
7 0
3 years ago
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