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xz_007 [3.2K]
4 years ago
10

How can the lassez-faire doctrine be described?

Business
2 answers:
Eduardwww [97]4 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]4 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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Shay Hand Outfitters has sales of $2,900, costs of goods sold of $2,240, inventory of $520, and accounts receivable of $438. How
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Answer:

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The computation of the number of days that takes for selling the inventory is shown below:

As we know that

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where,

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Now the days sells to inventory is

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