Answer:
D. Government Policies are the primary forces that guide decisions of firms and households .
Explanation:
Market Economy has factors of production owned , controlled & opereated by private sector . There is entire private ownership , with profit maximisation goal . All production , consumption & distribution takes place on basis of pure market forces - (demand & supply) . It is also called Capitalist Economy .
As mentioned : a) Hiring , Production decisions taken by independent private firms b) The free market 'Invisible Hand' guides self & social welfare c) Households take labour supply & goods consumption decisions - All these decisions taken independently by private producers & personal consumers , unintervened by government
D) Government policies guiding firms & households decision is not applicable to Market Economy , since there is no government intervention in this type of economy .
Answer: will be straight lines with a slope of -1/2.
Explanation:
An indifference curve simply means the combination of two goods that can give a consumer equal satisfaction, and this makes the consumer indifferent.
It should be noted that along the curve, the consumer will have an equal preference which is for the combinations of the goods that are shown.
If a consumer is always indifferent between an additional one grapefruit or an additional two oranges, then when oranges are on the horizontal axis, then the indifference curves will be straight lines with a slope of -1/2. Here, the fact that the slope is negative
is due to the fact that the curve is downward sloping.
Answer:
you would need 68000 of the coupon bonds to issue to raise the $68 million.
Explanation:
price of the coupon bond = $1000
number of coupon bond = $68 million/1000
= 68000
Therefore, you would need 68000 of the coupon bonds to issue to raise the $68 million.
Answer:
The correct answer is letter "C": Work experience.
Explanation:
People's work experience allows them to obtain knowledge in the fields they developed their careers in. There are many cases in which individuals start working n large entities to have an idea of how certain business is handled to then start their own companies confident that the knowledge acquired will be enough to run the organization.
In John's case, <em>thanks to the complaints he heard while he was acquiring work experience in a tractor manufacturing company, he was able to open his own business to resolve the common issues he was already aware of.</em>
