1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
taurus [48]
2 years ago
14

which of the following is the guiding economic philosophy of the free enterprise system? socialism communism marxism capitalism

Business
2 answers:
Degger [83]2 years ago
8 0
I believe the answer is: Capitalism

In capitalism, the economy is designed in a way to give as much freedom as it can to the private sectors in term of resource allocation and market competition. In this system, the government's role limited to maintaining regulation that prevent private organizations from cheating off one another.
babymother [125]2 years ago
4 0
I think the correct answer from the choices listed above is the last option. Capitalism is the guiding economic philosophy of the free enterprise system. It is <span>based on private property and </span><span>free enterprise. Hope this answers the question. Have a nice day.</span>
You might be interested in
According to PCN analysis, service operations exist only within the area(s) of: a. independent processing.b. independent process
topjm [15]

Answer:

(D). surrogate interaction and direct interaction.

Explanation:

Process Chain Network (PCN) analysis involves designing an organization's processes in such a way that it brings about better interaction with customers.

The PCN analysis highlights three process areas which are; <u>surrogate interaction, direct interaction</u> and independent processing areas.

<em>Service operations only exist within the areas of </em><em>surrogate interaction and direct interaction</em><em>, because they require more interaction with customers and are more personal in nature.</em>

7 0
3 years ago
Read 2 more answers
An employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:
noname [10]

Answer:

Stakeholder

Explanation:

The stakeholders are the people and group that has an interest in the company and it directly gains or suffered from the actions that are taken by the company

It involves various persons like employees, suppliers, investors, customers, government, unions, etc

Here in the given situation, the employee has a claim on the cash flows so this represents the stakeholder

5 0
3 years ago
Rosalina has recently been passed over for a promotion. This is the third time it has happened despite excellent performance rev
Brilliant_brown [7]

Answer:

the new York based artist is a good deal of a new kind and you will be the best way you have to be the best thing you need for the people

7 0
3 years ago
Choose the statement that is correct. A. The MC curve intersects the AFC​, AVC​, and ATC curves at their minimums. B. Initially
shepuryov [24]

Answer: C. The ATC curve eventually slopes upward because average variable cost eventually increases

Explanation:

The Law of Diminishing Marginal Returns causes the Average Total Cost curve to eventually slope upwards because the Average Variable Cost will increase.

Why?

At first, with production increasing, a firm will be very efficient at producing a certain good thereby driving the cost down per unit. As time goes on however, the law of Diminishing Marginal Returns comes into play as more is invested into the business. The cost per unit will therefore rise which will lead to the ATC curve going upwards.

I have included a simple graph to illustrate.

If you need any clarification do react or comment.

3 0
3 years ago
Going to college, getting married, and winning the lottery are all examples of
Nady [450]

Answer:

False

Explanation:

8 0
2 years ago
Read 2 more answers
Other questions:
  • The $10,000 cash that exceeds the partnership liabilities is to be disbursed immediately. If profits and losses are allocated to
    13·1 answer
  • Which best describes the career pathways of each worker
    14·2 answers
  • Why is it important to consider several career options even if you're sure of your career choice?
    15·2 answers
  • Wireless communications is likely to be viewed as an essential part of an enterprise network infrastructure when:
    8·1 answer
  • Douglass Interiors is considering two mutually exclusive projects and have determined that the crossover rate for these projects
    12·1 answer
  • The following data has been provided for a company’s most recent year of operations: Return on investment 20% Average operating
    13·1 answer
  • Annalise received financial aid offers from two universities.
    13·2 answers
  • Mark accidentally overheard a confidential phone conversation between his boss and the district manager during which they discus
    9·1 answer
  • The IRS agent who audited the Form 1120 filed by Alano Inc. concluded that $300,000 of the salary that Alano paid to its CEO and
    5·1 answer
  • Place the steps to creating a budget in order:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!