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3 years ago

What is one downside to competition in a free-enterprise system?

2 answers:

6 0

You can make monopolies. You don't have to lower your prices because nobody is offering lower prices. You can sell bad stuff for high prices. But monopolies do tend to disappear.

sergejj [24]3 years ago

4 0

A) Consumers must be knowledgeable.

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According to David Taylor of the Bank Administration Institute, about _____ percent of households with annual incomes over $50,0

jekas [21]

The answer is : about 40 Percent of the households

He argued that households with an annual income less than $50,000 dollars prefer to spend their disposable income on things like daily necessities or their child's college fund

7 0

3 years ago

Roberts, which began business at the start of the current year, had the following data:Planned and actual production: 40,000 uni

UkoKoshka [18]

Answer:

Gross margin = $166,500

so correct option is C. $166,500

Explanation:

given data

Planned and actual production = 40,000 units

Sales = 37,000 units @ $15 per unit

Production costs

Variable = $4 per unit

Fixed = $260,000

Selling and administrative costs

Variable = $1 per unit

Fixed = $32,000

to find out

gross margin that the company would disclose on an absorption costing income statement

solution

we get here sale that is

Sales = 37000 × $15

sales = $555,000

and

cost of good sold is

cost of good sold is = variable cost per unit + fixed cost per unit

cost of good sold is = 4 + $\frac{260000}{40000}$

cost of good sold is = 10.5

so total cost of god sold = 37000 × $10.5

total cost of god sold = $388500

so Gross margin is here

Gross margin = $555,000 - $388500

Gross margin = $166,500

7 0

2 years ago

Adam, the owner of adam's roofing, was talking to a visitor in his office, telling her that "we are a fun-loving group that beli

juin [17]

<span>adam was referring to his company's: Organizational culture

Company's organizational culture is a shared of value and principles that shared by all members of the companies.
This value and principles will influence every aspect of company's operation and how they deal with the problems that they face.</span>

3 0

2 years ago

Which organization provides leadership for the federal reserve system? board of governors congress department of the treasury fe

Setler79 [48]

<span>It is the organization, the Board of Governors, a federal government agency, which provides to the Federal Reserve System its leadership. The Board of Governors is made up of seven members which have been U.S.President-appointed as well as confirmed by the United States Senate.</span>

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3 years ago

Malaki ran 9,656 meters on Monday and 4,687 meters on Tuesday. How many more meters did she run on Monday than on Tuesday?

Marina86 [1]

Answer: 4969 meters

Explanation: Here's what you do: 9,656 - 4,687 = 4969

3 0

2 years ago