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
FinnZ [79.3K]
4 years ago
15

Freedom of enterprise Group of answer choices is a characteristic that is common to most economic systems. in a market system me

ans that entrepreneurs can obtain and use economic resources without any legal restraint. allows businesses, within broad limits, to choose what goods to produce. refers primarily to the right of consumers to purchase what they want.
Business
1 answer:
irga5000 [103]4 years ago
6 0

Answer:

The correct answer to the following question will be Option C (Enables undertakings to select, within responses, what commodities to manufacture).

Explanation:

  • Private enterprise freedom to organize as well as operate for revenue in such a fair market without government meddling further than legislation required to protect and serve the interest or keep the country's economy in equilibrium.
  • Enterprise liberty means that someone is allowed to get and manage the output elements.

Other choices have no connection to the given scenario. So choice C seems to be the right answer to that.

You might be interested in
What do realtors do for the business (in a lot of detail)
kiruha [24]

Answer: Retailers sell food, hard or durable goods, and soft goods. Retailing is a trading activity that is directly related to the sale of goods or services to the ultimate consumer for personal, non-business use. A retailer is the last middleman in the machinery of distribution and is responsible to satisfy recurrent wants of consumers.

Explanation: I hope this helps!

6 0
2 years ago
A company set up a petty cash fund with $800. The disbursements are as follows:
Aleonysh [2.5K]

Answer: 1. B. Petty Cash

2. D. Petty Cash

3. D. Debit petty cash and credit cash

Explanation:

1. When creating the Petty Cash fund, Cash is credited because money is being removed from it. It is then put into the Petty Cash account hence a debit.

2. When taking money from Petty Cash, it is an asset and so is credited to reflect the outflow.

3. Similar to the transaction in question 1. You are taking money from cash account to.put in Petty Cash so the right procedure is to debit Petty Cash and credit Cash.

7 0
3 years ago
Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser
Sedbober [7]

Answer:

1. Predetermined overhead rate of admin costs  - $ 27 per user.

2. Profit for TOOT Service   - $ 808,725

   Profit for TIX Service       -  $ 165,800

Explanation:

Computation of predetermined overhead rate

Product TOOT                                                  7,700 users

Product TIX                                                     <u>15,600 users</u>

Total users                                                       23,300 users                                                      

Predetermined overhead rate per user $ 629,100 / 23,300 = $ 27 per user

Allocation of Admin costs - TOOT - 7,700/ 23.300  * $ 629,100 = $ 207,900  

Allocation of Admin costs - TIX    - 15,600/ 23,300  * $ 629,100 = $ 421,200                          

2. Computation of profit per service

                                                      TOOT                 TIX

                                                          $                        $

Revenues                                      1,350,000          1.040.000

Less: Engineering costs               (  333,375 )       (     453,000 )

Less: Allocation Admin costs      <u> (  207,900 ) </u>     <u> (     421,200)</u>

Profit                                               808,725              165,800

5 0
4 years ago
What are the tools of macroeconomic policy?
Gnesinka [82]

Answer:

° Fiscal policy

° Monetary policy

° Exchange rate policy

Explanation:

Macro economics policy are tools used by a country's government through their central bank to influence the supply of money, control interest rate in their economy which will lead to economy stability and growth. The tools are explained below. An increase in government spending will make funds available to the household and firms hence increases the volume of money supply in the economy, while a decrease in government spending will also reduce the availability of money to household and firms.

° Fiscal policy . This refers to the use of tax and government expenditure to regulate the supply of money an economy. For instance, government through its central bank uses tax cut to increase the flow of money in an economy. Also, if the government feels that the supply of money in circulation is too much, which could result in inflation, government can increase taxes to be paid by individuals, firms and businesses which in turn will reduce the availability of money.

° Monetary policy. Monetary policy refers to various tools used by the government to control the flow of money in an economy, which includes open market operation, special reserves, interest rate adjustment. For instance, the government through CBN could buy or sell government issued securities which will ultimately affect the supply of money in an economy. Also, there is usually a minimum amount of reserves which must be held by commercial banks, which ultimately affects the supply of money. An increase in reserve ratio reduces the ability of banks to lend money to their customers while and a reduction in the reserve ratio increases their ability to lend to the public hence increases money supply.

° Exchange rate policy. The value of a country's currency in relation to other country's currency is referred to as exchange rate. Exchange rate policy is used to control inflation, preserve the value of domestic currency and also to maintain a favorable external balance of payments of a country.

3 0
3 years ago
At the U.S. division of Bluebell Inc. the productivity of the employees was going down. Kinsey, the branch manager conducts a th
Rina8888 [55]

Answer:

kio mrg[riehi0ehehrehrrehrehheheheh

Explanation:

3 0
3 years ago
Other questions:
  • In promoting free trade, the author seems to be supporting A) fair and responsive standards to reduce trade barriers. B) fair an
    12·1 answer
  • The benefit of using __________ to communicate a business's CSR efforts to the public is that it allows companies to reach broad
    15·1 answer
  • When might be the best time to start saving for retirement?
    5·1 answer
  • Mark runs a home improvement business. He is happy with the level of business he receives, but he wants to learn more about his
    6·1 answer
  • Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill
    13·1 answer
  • A pizza delivery company promises to deliver all customer orders within one hour of receipt of the order. Actual data collected
    15·1 answer
  • Pursuant to Treasury Circular 230, which of the following statements about the return of a client's records is correct?a. The pr
    5·1 answer
  • If a company values inventory at the lower of cost or market, which of the following is the value of merchandise inventory on th
    11·1 answer
  • Stephen discovers that the tennis shoes he just purchased are being offered
    10·1 answer
  • Can financial markets help deploy renewables? Please explain in three sentences.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!