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4 years ago

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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Rank these jobs in the Law, Public Safety, and Security career cluster based on years of schooling required, from most to

love history [14]

Answer:

The correct answer is the option C: Lawyer - Probation Officer - Firefighter

Explanation:

To begin with, the lawyer would be the one who requires more years of schooling in order to accomplish the merit of graduating so the person would be able to perform that profession in the legal areas. Secondly, the probation officer follows because it requires years of schooling according to its own subject of study and at least the firefighter who does not need too many years of schooling once high school graduation.

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4 years ago

Today's US banking system ensures that if everybody who has money on deposit in the banks

zheka24 [161]

Answer:

False

Explanation:

Not all depositors will get their cash. The FED, which is the body that regulates commercial banks, requires the banks to keep only a small percentage of customers deposits in their custody. The percentage maintained in the banks is known as the reserve. The percentage of the reserves requirement varies with time.

If all depositors decide to withdraw at once, they can not get their money as only the reserve amount will be available in the banks. Commercial banks usually lend out the rest of the customers' deposits to make profits.

6 0

3 years ago

Indicate which of the following statements is true. a. Public transportation may be covered by an employer-provided spending acc

lukranit [14]

Answer:

B.Dependent care plans can only be used to cover the costs of caring for a dependent child

Explanation:

Dependent Care with the high cost of child care these days a Dependent Care Account makes it easy to save on taxes.

5 0

3 years ago

Cobe Company has already manufactured 17,000 units of Product A at a cost of $25 per unit. The 17,000 units can be sold at this

iogann1982 [59]

Answer:

It is more convenient to continue processing.

Explanation:

Giving the following information:

Cobe Company has already manufactured 17,000 units of Product A for $25 per unit. The 17,000 units can be sold at this stage for $450,000. Alternatively, the units can be further processed at a $280,000 total additional cost and be converted into 5,800 units of Product B and 11,100 units of Product C. Per unit selling price for Product B is $100 and for Product C is $56.

We need to determine whether it is more convenient to sell the units now, or continue processing.

Sell now:

Income= 450,000 - (17,000*25)= $25,000

Continue processing:

Income= sales produc B + sales product C - joint cost - Product A cost

Income= 5,800*100 + 11,100*56 - 280,000 - (17,000*25)= $496,600

It is more convenient to continue processing.

4 0

3 years ago

Consider a product with a daily demand of 400 units, a setup cost per production run of $100, a holding cost per unit of $24.00,

Sedaia [141]

Answer:

a 1,560 units

b 780 units

c 390 units

d $18,720

e $9,360

Explanation:

Given that;

Production = 292,000

Daily demand , d = 400

Annual demand , D = 400 × 365 = 146,000

Production rate , P = 292,000 ÷ 365 = 800

Set up cost , Cs = $100

Holding cost , Ch = $24

a. What is the production order quantity

= √2 * D * Cs / CH × (p / p - d)

= √ 2 * 146,000 * 100/24 × (800/800-400)

= √1216666.6667 × 2

= √2433333.3334

= 1559.91

=1,560 units approximated.

b. What is the maximum inventory on hand

= EPQ × [ 1 - (d÷p) ]

= 1,560 × [ 1 - (400 ÷ 800) ]

= 1,560 × 0.5

= 780 units

c. What is the average inventory

= Maximum inventory ÷ 2

= 780 ÷ 2

= 390 units

d. What are the total holding costs

= EOQ/2 * Holding cost

= 1,560/2 * 24

= 780 *24

= $18,720

e. What does it cost to manage the inventory

= Holding cost * (Maximum inventory ÷ 2)

= 24 * (780 ÷ 2)

= 24 * 390

= $9,360

8 0

3 years ago