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olya-2409 [2.1K]
3 years ago
12

What elements of free enterprise does the us economy include?

Business
1 answer:
Lyrx [107]3 years ago
6 0
<span>Free enterprise belongs to the economic system where the private means of production are used to obtain direct benefits from it to produce to the consumers and to obtain benefits for the owners. The main elements of a private enterprise are ownership and production, including the capital.</span>
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3
iris [78.8K]

None of the options shows an alternative Tina has, a real alternative would be a credit card and cash ($190)

In economics, an alternative is an element that replaces or substitutes another. For an element to be considered an alternative it needs:

  • To belong to the same category or have the same function.
  • To be possible for the user to replace the first element using the alternative.

Based on this, let's analyze each of the options:

  • Jacket and $100: These are not alternatives because Tina wants a jacket and this product cannot be replaced with money as money will not protect Tina from cold weather.

  • Shoes and a jacket: These are not alternatives because Tina wants the two products not only one.

  • Credit card and $100: These would be alternatives if the total cost was $100. However, using a credit card Tina can pay for both products but using $100 she can only pay for one of the products.

Therefore, the options do not present alternatives; but one valid alternative is a credit card and $190.

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Why can the owner of a business withdraw assets from that business for personal use?
HACTEHA [7]
<span>Since the business owner, by definition, is the person who controls all those assets and is responsible for them, he/she can take parts of them home if they so choose. This is a way to manage resources, especially if those resources are still useful in some way.</span>
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3 years ago
Albert Inc. has both common and preferred stock outstanding. Which should be listed first in the stockholders' equity section of
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Answer: Preferred Stock

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2 years ago
Magnira corp., a manufacturer of hygiene and personal care products, launches a new toothpaste "tidy" that is more effective in
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The advertisement of the new toothpaste "tidy" that provides highly valid research information is an example of scientific execution style. It is a type of marketing style that uses research or scientific<span> evidence to give a brand superiority over competitors. The consumer gets scientific information about the product.</span>
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Market segmentation involves aggregating prospective buyers into groups that have common needs and will
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Answer:

respond similarly to a marketing action.

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Market segmentation is the strategy of marketing that involve dividing the consumer market on the basis of similar taste, interest, age, location, needs or any other factors which are common. It help the company to customize the product and reach maximum customer to gain market share.

There are four type of market segmentation:

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