Answer:
It helps giving you the ability to choose what you think is best for your business
Explanation:
Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).
What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.
Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?
That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.
I would say the correct answer is B. t<span>he ability of a company to change prices and output like a monopolist. Market power is basically the power of a particular company to manipulate the price of the product and thus affect all other participants, as well as customers. Monopolists have the greatest market power; conversely, in an ideally balanced economy, nobody would have market power. All participants would have equal chances and nobody would dictate the terms to others.</span>
In a case whereby firm’s expenses equal or exceed its revenue, the actions that might be taken by management is To check their production process and check the cost of their input.
<h3>What are expenses?</h3>
This are the cost of inputs that the company put into production of their goods and services.
When expense is higher than revenue then the organization is running at loss, but when the revenue equal to the expenses, there is no Gain.
Therefore, the actions that might be taken by management is to check their production process .
Learn more about expenses at:
brainly.com/question/4953989
36000/12=3000
so 3000 a month he makes.
3000-405=2,595
405x12= 4860
Answer:
The correct answer is Licensing.
Explanation:
A business license allows the owner the right to start and develop a particular type of business in the city, county, state or country where it is granted. It is a type of permit that implies that the company has the backing of the government to operate. Government agencies can fine or close a business that operates without a license, so you should find out if having a license is part of your process to start your business, not everyone requires a license.
Depending on the type of business you have, you may need a local, county, state or federal license or none. Where your company is located will determine what type of license you need and where to obtain it.
