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2 years ago

Why are free market economies able to grow?

1 answer:

7 0

Free market economy is a system that is solely based on the supply and demand and that there is very little or no governmental control at all. This type of government is able to grow because of its flexibility depending on the needs of the consumers and not on the imposed law by authorities.

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Dante borrowed to buy a truck for his business. He borrowed from his parents who charge him simple interest. He borrowed from a

GenaCL600 [577]

Answer:

This cannot be solved. There isn't a number at the beginning.

Explanation:

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2 years ago

Katrina's fury has $697,400 in sales. the profit margin is 3.4 percent and the firm has 12,500 shares of stock outstanding. the

Alexus [3.1K]

<span>what is the price-earnings ratio</span> is 17.1

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3 years ago

Summarizes the beliefs a person holds about his own attributes and how he/she evaluates their self on those qualities.

fredd [130]

Self concept is the beliefs a person holds about his own attributes

The ideas a person has about himself or herself and how they assess those ideas are known as self concept.

Several facets of the concept of the attributes of the self, includes-

Content (facial attractiveness Vs mental aptitude)

Positivity (i.e. self-esteem)

Over time, intensity & stability

Accuracy (i.e., how closely one's opinion of oneself reflects reality)

In addition to our own judgments of how much we change over time varying, consumers' self-assessments might be extremely skewed

People of all ages admitted that their earlier decisions had altered considerably over time, yet they still tended to forecast that they would remain the same as they aged.

Self-concept is something that evolves over time. Some components are quite stable, but as we move through life, we each change some pieces of it.

To learn more about self concept click here:

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1 year ago

If the consumption of a good generates positive externalities, then which of the following is correct? The government can subsid

vekshin1

Answer:

Both of these answers are correct.

Explanation:

Positive externality is when the benefits of economic activities to third parties exceeds its cost.

Activities that generate positive externality are

1. Education

2. Research and development

To encourage activities that have positive externality, government can subsidise such activities. Subsidies makes the activity cheaper and incentivise people to carry out such activities.

Market forces may lead to an underallocation of resources to producing the good. Therefore, the government might intervene in the allocation of the resources to increase efficiency.

I hope my answer helps you.

4 0

3 years ago

James is the human resource manager at a large bottle manufacturing company. Ten years ago, when the business moved to its curre

Svetllana [295]

Answer:

departmentalization

Explanation:

Departmentalization is defined as the process of grouping various activities according to departments.

Each department tends to specialise in the assigned activity. This method promotes division of labour where a group of people specialise in one activity.

In the given scenario James is restructuring operations around three product lines to increase speed and effectiveness of decision making.

This is departmentalization with a view of increasing process efficiency

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3 years ago