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3 years ago

In a free enterprise system the decisions about what and how many goods and services will be produced are made by?

Business

1 answer:

snow_lady [41]3 years ago

5 0

Answer:

Private individuals.

Explanation:

In a free enterprise system, the decisions about what and how many goods and services will be produced are made by private individuals.

Free enterprise system is an economic system in which the ownership and control of means of production (resources) and distribution of goods and services are determined by private individuals. Here, private individuals decide what, how and for whom to produce while the government does not interfere in economic activities. The allocation of resources and price determination are influenced by the forces of demand and supply called price mechanism, which Adam Smith referred to as 'Invisible Hand'.

Free enterprise system is also known as Capitalist economy, Capitalism and Free market system. Countries that practice more of free enterprise system are Singapore, New Zealand, Hong Kong, Australia and Switzerland.

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The current economy is strong and many people are feeling confident about their future and ability to pay off debt. Because of t

mixas84 [53]

Answer:

They would increase the quantity supplied of loans and increase the interest rate

Explanation:

Monetary policy

This is simply refered to as alterations or changes in the interest rate to alter or influence the level of aggregate demand in an economy that is the demand side policy.

The central banks are known to be regulators of commercial banks and bankers to governments. The interest rate is the price of money. They manages interest rates to influence the money supply. They set the base rate of interest and the base rate influences all other interest rates that commercial banks use (i.e. savings rate, mortgage rate, car loan rate

7 0

2 years ago

Canton Corp. produces a part using an expensive proprietary machine that can only be leased. The leasing company offers two cont

Brut [27]

Answer:

Explanation:

1. Unit rate lease

Unit Contribution margin = Unit Selling price – Unit Variable cost

= 40 - 24 = $16

Break even point (units) = Fixed cost/Contribution margin per unit

= 200,000/16 = 12,500

2. Flat rate lease

Unit Contribution margin = Unit Selling price – Unit Variable cost

= 40 - 20 = $20

Break even point (units) = Fixed cost/Contribution margin per unit

= 260,000/20 = 13,000

b.)

Let at X units produced profit margin is same under both the lease options

40X - 24X - 200,000 = 40X - 20X - 260,000

16X - 200,000 = 20X - 260,000

4X = 60,000

X = 15,000

If 15,000 units are produced, profit margin will be same under both the lease options.

1. Unit rate lease

Contribution margin income statement

Sales (20,000 x 40) 800,000

Variable cost (20,000 x 24) - 480,000

Contribution margin 320,000

Fixed cost - 200,000

Operating income 120,000

Operating leverage = Contribution margin/Operating income

= 320,000/120,000 = 2.67

2. Flat rate lease

Contribution margin income statement

Sales (20,000 x 40) 800,000

Variable cost (20,000 x 20) - 400,000

Contribution margin 400,000

Fixed cost - 260,000

Operating income 140,000

Operating leverage = Contribution margin/Operating income

= 400,000/140,000 = 2.86

1. Unit rate lease

Margin of safety = Actual sales - Break even sales

= 20,000 x 40 - 12,500 x 40

= 800,000 - 500,000

= $300,000

Margin of safety (%) = Margin of safety/Actual sales

= 300,000/800,000 = 37.5%

2. Flat rate lease

Margin of safety = Actual sales - Break even sales

= 20,000 x 40 - 13,000 x 40

= 800,000 - 520,000

= $280,000

Margin of safety (%) = Margin of safety/Actual sales

= 280,000/800,000

= 35%

5 0

3 years ago

______ is a process in which an impartial third party helps those involved in a dispute reach an agreement.

Lostsunrise [7]

Answer:

Mediation

Explanation:

Mediation is the process in which an impartial third party help those involved in a dispute reach an agreement.

Mediation is the process which help the parties to settle at their disputes. The mediator is the one who do meeting with the parties separately or have joint sessions which help him to bring the disputed parties on one point. Mediation involves various steps:

Mediator introduction
Disputed parties statements
Joint meetings and discussion
Private meetings of mediator with parties
Converge the parties on single point (Negotiation)
Sign agreement ( Closing the agreement)

3 0

3 years ago

The composition of the Fingroup Fund portfolio is as follows:_________.

exis [7]

Answer: $10.49

Explanation:

Net Asset Value is the equity of the portfolio divided by the number of shares outstanding.

Equity = Assets - Liabilities

So,

Net Asset Value = (Assets - Liabilities) / No. of shares outstanding

Assets = (200,000 * 35) + (300,000 * 40) + (400,000 * 20) + (600,000 * 25)

= $42,000,000

Liabilities will be the accrued management fee.

Net Asset Value = (42,000,000 - 30,000) / 4,000,000

= 10.4925

= $10.49

6 0

3 years ago

Which of the following refers to how hard it is to get accepted or get into a 4 year college?

IceJOKER [234]

A=<span>is an expression of the ease with which alternating current flows through a complex circuit or system.
B=</span><span>Student–teacher ratio or student–faculty ratio is the number of students who attend a school or university divided by the number of teachers in the institution
so the answer will be B
hope this helps.
</span>

7 0

3 years ago