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deff fn [24]
3 years ago
15

When economist use the term laissez-faire what economic idea are they referring to

Business
1 answer:
nata0808 [166]3 years ago
6 0
The term laissez-faire depicts the economic idea of conducting business transactions without government interference.

Laisses-faire is a french term which means "to let go". In the economic scenario, it enables merchants to self-regulate and do free trading with other merchants and clientele.
They are not subject to the government's imposition of tariffs, subsidies, regulations, and privileges.
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The local furniture store will purchase outdoor furniture only during the winter months because the manufacturer offers a better
xz_007 [3.2K]

Answer:

The correct answer is: seasonal discount.

Explanation:

Seasonal discounts are store offerings by which their products are sold at a lower price during specific periods due to changes in seasons. For instance, winter clothing tends to be cheaper during the spring or summer because most people do not purchase them during those seasons. Then, retailers lower the prices to boosts sales.

4 0
3 years ago
What is the south african government providing and for whom ?
Goryan [66]
Welfare payment is an amount of money that is paid by the government to someone who is ill,poor. Consumer subsidies is a grant assistance given by one part for support welfare payment is the amount of money paid by the goverment regularly to assist the people of the country . it can be in a broader and narrower sense. narrower sense reffers to the needy, ill, and poor(social grant). the broader refers to everyone(public goods)
4 0
3 years ago
Net sales for the month are $800,000, and bad debts are expected to be 1.5% of net sales. The company uses the percentage-of-sal
Dmitriy789 [7]

Answer:

$27,000

Explanation:

Allowance for doubtful accounts before adjustment       $15,000

Allowance provided for the month;

$800,000*1.5%                                                                     $12,000

Closing balance for Doubtful Accounts                             $27,000

The allowance for doubtful accounts is provided on net sales basis therefore sales are multiplied with %  of bad debt allowance given in question.

4 0
3 years ago
Read 2 more answers
The federal reserve's goal in managing the money supply is to ensure that money retains its value.
sattari [20]
The answer is B: False The Federal's Reserve goal is t<span>o provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
6 0
3 years ago
John owns 500 shares of stock in Catawba Box, Inc. The company has recently announced the results for the quarter. The company e
frutty [35]

Answer: Is not taxed

Explanation: John owns 500 shares of stock in Catawba Box, Inc. He is the share holder of the company . An equity shareholder is the owner of the company. But for a big public limited company, they raise funds by going public and issuing shares to the public in small tranche. The profit earned by the company is taxable for the company while it is not taxed to the owners or the shareholders of the company as a company is a separate legal entity.

6 0
3 years ago
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