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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 formula is the annual amount divided by the number of periods. Here, there are 26 periods of biweekly (once every two weeks) paychecks. 
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3 years ago
When Job 117 was completed, direct materials totaled $4,400; direct labor, $5,600; and factory overhead, $2,400. A total of 1,00
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Answer:

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Explanation:

The computation of the  per unit cost is shown below:

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where,

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= $12,400

And, the units produced = 1,000 units

So per unit cost equal to

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Mrac [35]

Answer:

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Explanation:

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In a growing economy frictional unemployment is the lowest type of employment bad there are abundant opportunities for workers.

Quitting a job is a voluntary type of frictional unemployment, while when an employee bis fired it is involuntary type of frictional unemployment.

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