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3 years ago

How can the lassez-faire doctrine be described?

Business

2 answers:

Eduardwww [97]3 years ago

7 0

Answer:

c) a free market with limited government regulation of business

Explanation:

The economic doctrine of laizze faire is a maximal expression of economic liberalism, characterized by minimal government intervention in the economy. The laizze faire doctrine is opposed to the doctrines of nationalization of the economy, but also to the liberalism of the market economy, which promotes liberalism with government regulation, for example through regulatory agencies. For laizze faire thinkers, the government must act on time, just to ensure order and the right to private property.

nydimaria [60]3 years ago

6 0

Answer: c) a free market with limited government regulation of business

Explanation:

Lassez-faire doctrine is a doctrine in an economy system in which government interference is limited or reduced to the minimum. The economic system in a lassez-faire economy is determined by the market forces. Thus, if businesses are allowed to function or operate on their own, compete with one another and so on, production and exchange will be better.

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After retirement, you expect to live for 24 years. You would like to have $75,000 income each year. How much should you have sav

poizon [28]

Answer:

The amount that you should have saved in your retirement account to receive this income is:

= $727,995.88.

Explanation:

a) Data and Calculations:

Expected lifespan = 24 years

Expected annual income = $75,000

Interest rate per year = 9%

The amount of savings in the retirement account to receive this income is calculated from an online financial calculator as follows:

N (# of periods) 24

I/Y (Interest per year) 9

PMT (Periodic Payment) 75000

FV (Future Value) 0

Results

PV = $727,995.88

Sum of all periodic payments = $1,800,000.00

Total Interest = $1,072,004.12

5 0

3 years ago

Where could student researchers and/or student subjects find additional resources regarding the IRB approval process? Select all

maksim [4K]

Answer:

The correct answer to the following question will be Option D (IRB Office).

Explanation:

By federal, state, and local ordinances, college strategies, or professional ethics, the IRB office enables the MSU processes. IRB board members are allocated incoming application forms, mainly based on the Principal Investigator's College or Department, subject to availability and work load.
The IRB office's mission is to promote IRB review procedures, provide support to help adherence with relevant federal, local, and state regulations, university processes and procedures, and to protect human subjects, and provide researchers with prompt, client-oriented service.

Therefore, Option D is the right answer.

7 0

3 years ago

Belinda sends an email to Equador offering to sell her entire entertainment set to him for $2,500. Equador responds that the pri

ra1l [238]

Answer: Belinda sends an email to Equador offering to sell her entire entertainment set to him for $2,500. Equador responds that the price seems a bit high and offers to buy the entertainment set for $2,000. Equador’s response is considered a <u>counteroffer.</u>

Explanation: A counter offer is an offer that improves or modifies another already submitted by the competition or the contrary in a negotiation.

In this case, Belinda makes an offer to Equador and since Equador seems like a very high price, it responds with a Counter Offer by modifying the initial offer in its price.

4 0

3 years ago

Coronado Company's record of transactions concerning part X for the month of April was as follows.

Olin [163]

Answer:

1.FIFO 5,631.4

2.LIFO 7,685

3.8.8542 per unit

Explanation:

Coronado Company's

1)First-in, first-out (FIFO)

(520×8.47+ 150×8.18)

= 4,404.4+1,227

= 5,631.4

2)Last-in, first-out (LIFO)

(420×7.30+ 620×7.45)

= 3,066+4,619

= 7,685

3.Cost of goods available for sale

Date Transactions Units ×Rate =Total

Apr-01 Beginning inventory 420 ×$7.30 =$3,066

Apr-04 Purchase 720×$7.45 =$5,363

11-Apr Purchase 620 ×$7.74 =$4,798.8

18-Apr Purchase 520×$7.81 =$4,061.2

26-Apr Purchase 920 ×$8.18= $7,525.6

30-Apr Purchase 520 ×$8.47 $4,404.4

Total: 3,300 $29,219

720+620+520+920+520=3,300

$3,066+5,363+4,798.8+4,061.2+7,525.6+4,404.4 =29,219

Average cost per unit =

Total cost of goods available for sale / Units available for sale

Hence:

$29,219 / 3,300

=8.8542 per unit

8 0

3 years ago

The declaration, record, and payment dates in connection with a cash dividend of $375,000 on a corporation’s common stock are Oc

Natali5045456 [20]

Answer and Explanation:

The Journal entry is shown below:-

October 1

Cash Dividends Dr, $335,000

To Cash Dividends Payable $335,000

(Being a cash dividend is recorded)

November 7

No Journal entry is required

December 15

Cash Dividends Payable Dr, $335000

To Cash $335,000

(Being a cash dividend is recorded)

4 0

3 years ago