Answer:
Businesses that produce good products are rewarded with profits
Explanation:
In the free enterprise system, governments do not interfere with economic activities in the country. The private sector does all the production and distribution of goods and services.
No restrictions are put in place on the type or number of businesses that entrepreneurs can operate. Due to this reason, business competition is very intense. Customers choose their preferred products from a wide variety offered by the many suppliers. Producers who make products that satisfy customers' needs are rewarded with profits.
Answer:
political action committee
Explanation:
A political action committee is an organization set up by a political party to gather funds through the contribution and donation from members of the party. The funds collected by the political action committee are used to support the party candidate or campaign against the opposition party candidate. The political action committee is not obligated by law to disclose the identities of donors.
Answer:
A. neutralize the rumor by openly confirming any parts that may be true.
Explanation:
Here are the options to this question:
A. neutralize the rumor by openly confirming any parts that may be true.
B. restrict the length of breaks taken by the employees.
C. closely monitor each employee's activities in the office.
D. fire employees found spreading false stories.
E. block all forms of electronic communication in the office.
I hope my answer helps you
Answer:
The journal entry for recording the original sale is shown below:
Explanation:
The journal entry for recording the original sale is as follows:
Accounts receivable A/c................................Dr $735
Sales Tax A/c...................................................Cr $35
Sales A/c............................................................Cr $700
As sales is made on credit so the accounts receivable account will be debited against the Sales account, which is credited. And there is sales tax charged on selling necklaces, which is credited to the sales tax account.
Computation of Sales Tax as:
Sales tax = Selling amount × Tax
where
Selling amount = Number of Necklaces × Price
= 20 × $35
= $700
So,
Sales tax = $700 × 5%
Sales tax = $35
Answer: Option (C) is correct.
Explanation:
While making decisions about the consumption, a person wishes to maximize their marginal utility drive from every unit rather than total utility.
Marginal utility refers to the satisfaction that a consumer can get from the consumption of one additional unit of goods and services.
So, consumer wants to maximize marginal utility from the products that he/she is buying with the limited level of income. They want to utilize their limited income in a best possible manner.
