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blsea [12.9K]
3 years ago
7

14. Explain why a free market and laissez-faire are opposites of socialism. (free market,

Business
1 answer:
shusha [124]3 years ago
7 0

Free market and laissez-faire are opposite for socialism as this type of market is free from the government control.

Explanation:

The free market and laissez-faire  are the type of market in which government has no control. The decision of what t produce, how to produce, how much to produce and other decisions like price are decided by the producers itself only.

This type of market is opposite for socialism as the motive of this market is to profit maximization and not social welfare as it is out of from government control.

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Economies of scope are characterized by A. low capital intensity and low resource flexibility. B. high capital intensity and low
nasty-shy [4]

Answer:

C. high capital intensity and high resource flexibility

Explanation:

Economies of scope describe situations in which the long-run average and marginal cost of a company, organization, or economy decreases, due to the production of some complementary goods and services. An economy of scope means that the production of one good reduces the cost of producing another related good.

7 0
3 years ago
Sigmund Freud suggested that dreams represent the fulfillment of wishes, yet research suggests that quite a few dreams that peop
kondor19780726 [428]

Answer:

Falsifiability

Explanation:

Based on the information provided within the question it can be said that the principle that is involved here is Falsifiability. This term refers to the assertion that for a hypothesis to have credibility, it has to be inherently disprovable before being accepted as a scientific hypothesis or theory. Otherwise it will not be.

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3 years ago
The only way a firm can increase its profits is to increase its sales revenue.
djverab [1.8K]
Hi there! The answer is B. False

Increasing its sales revenue is NOT the only way a firm can increase its profits.

A firm can also increase its profit by reducing its total costs. When the sales revenue stays the same and the total cost decreases, the revenue will increase (without an increasing sales revenue).
5 0
3 years ago
A portfolio is composed of two stocks, Z and Y. Stock Z has a standard deviation of return of 22%, while stock Y has a standard
user100 [1]

Answer:??

Explanation:

5 0
3 years ago
Gault Corporation had the following shares of stock outstanding on December 31, 2018:
Andreas93 [3]

Answer:

The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

Explanation:

Cumulative preferred stock has the dominant right over common stocks in term of receiving cash dividend.

The dividend paid to preferred stock per year is: 100 x 20,000 x 8% = $160,000 and the company owed investor 03 years of dividend ( 2016,2017,2018) with the dividend payable amounted to 160,000 x 3 = $480,000.

The dividend paid to common stock is the left over, after paying to preferred stock holders, which is calculated as $800,000 - $480,000 = $320,000.

So, The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

5 0
2 years ago
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