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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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2 years ago

When does the cost of inventory become an expense? A. When cash is collected from the customer B. When inventory is purchased f

borishaifa [10]

Answer:

C. When inventory is delivered to a customer

Explanation:

As we know that the inventory is good that the company sold to the customers. Through these goods, the company can able to generate huge profits and gain a competitive advantage in the market

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3 years ago

Jimmy corporation uses the weighted-average method in its process costing system. the ending work in process inventory consists

dimaraw [331]

Weighted-average method

Materials Labor and Overhead

Ending work in process:

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Materials Labor and Overhead Total

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Cost per equivalent unit (b) $3.20 $2.00

Cost of ending work in process inventory (a) × (b) $64,000 $28,000

$92,000

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3 years ago

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3 years ago

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Answer:

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Explanation:

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3 years ago