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Stella [2.4K]
3 years ago
8

Which economic system emphasizes the private ownership of most factors of production

Business
1 answer:
denis-greek [22]3 years ago
4 0
It is known as the capitalism. Capitalism is a financial framework portrayed by private or corporate responsibility for merchandise, by ventures that are dictated by private choice, and by costs, generation, and the appropriation of products that are resolved primarily by rivalry in a free market.
You might be interested in
A company's beginning Work in Process inventory consisted of 37,000 units that were 90% complete with respect to direct labor. A
pychu [463]

Answer:

128,000 units

Explanation:

The calculation of the equivalent units of production using the weighted average method is given below:

= Total units of finished goods × completion percentage + ending work in process units × completion percentage

= 107,000 units × 100% + 42,000 units × 50%

= 107,000 units + 21,000 units

= 128,000 units

Hence, the equivalent units of production of direct labor is 128,000 units.

8 0
3 years ago
Harley-Davidson motorcycle owners, who pay a price premium for their motorbikes, have formed the Harley Owners Group (HOGs), who
Elan Coil [88]

Answer:

A) Functional and social value

Explanation:

Seeing the benefit that customers attribute to products is a marketing strategy to optimize sales and establish a brand that customers identify with. In this case, motorcyclists experience functional benefit and social benefit.

The functional benefit concerns the essential characteristics of the product, such as physical characteristics that please the consumer (eg the motorcycle scooter design). The social benefit is associated with the pleasure that the customer gets when purchasing the product. This is an individual benefit for each consumer, however, is an extrinsic advantage attributed to the product. For example, the status that the motorcycle brings to its owner.

5 0
3 years ago
) ________ are likely a fixed cost of a firm. A) Wages paid to employees B) The payments for supplies C) Lease payments for offi
aev [14]

Answer:

C) Lease payments for office space

Explanation:

The fixed cost is the cost that remains fixed whether the production level changes or not

So as per the given choices, the option c would be selected i.e. lease payment made for office space as it would be independent with respect to the quantity generated also it would be paid even there is no production take place

Therefore the option c is correct

7 0
3 years ago
Using emails to communicate asynchronously is not a good idea for all of the reasons below except ________.
Oliga [24]

Answer:

I believe the answer e. difficulty in finding attachments.

7 0
3 years ago
Alexandra is constantly creating more work for Susan, yet Susan completes all of this additional work and, in turn, Alexandra co
Alexxandr [17]

Answer: positive reinforcement

Explanation: Reinforcement is explained as actions taken to either reduce or increase a certain behavior.

Positive reinforcement are action taken to increase a behavior either positive or negative behavior.

In the question Susan is positively reinforcing Alexandra's negative lazy attitude.

5 0
3 years ago
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