The answer is true. According to the laissez-faire economics doctrine, the only time the government should interfere with the economy is to defend the unalienable rights of people. In other words, let the market operate as it sees fit.
The rules of supply and demand will effectively regulate the production of goods and services if left unchecked. Natural resources, capital, and labor all comprise supply. Purchases made by businesses, governments, and consumers all constitute demand. The only function of the government in a free-market system is to guard against coercion against people. The functioning of rational market forces is hindered by theft, fraud, and monopolies.
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Answer:
Yes
Explanation:
Based on the information provided within the question we can say that Yes, the dealership is contractually bound to sell Mike the car at that price. This is assuming that the ad handed to the dealership by Mike is an actual ad that was designed and published by the dealership. If this is the case the dealership must uphold their price or it will be considered false advertisement and Mike would have a basis on which to sue the business.
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<span>Given,
Andrew's earning was $55,000 per year.
Fees(tuition and other related expense) for MBA school that Andrew joined $25,000 per year.
To find: total cost of the degree(explicit cost+opportunity cost)
Solution:
Explicit cost = fees for the course including all the expenses = $25,000 per year for 2 years = $25,000*2 = $50,000.
Opportunity cost = the loss of benefits from one alternative when other alternative is chosen. In this case, it is salary from the job which Andrew quits to join MBA school = $55,000 per year for 2 years = 55000*2 = $1,10,000.
So, total cost of the degree = $50,000 + $1,10,000 = $1,60,000
Answer: Option C $1,60,000</span>
An individual is registered as an agent with a broker/dealer that has recently begun offering wrap fee programs to its clients. to offer such wrap accounts to the public, the agent must be an investment adviser
This is further explained below.
<h3>What is
an investment adviser?</h3>
Generally, An person or a firm that is compensated for offering advice concerning securities to customers in exchange for such compensation is known as an investment advisor.
Investment advisors and financial advisors are not the same things, despite the fact that the phrases seem quite close to one another, and the two should not be confused.
In conclusion, A broker/dealer recently started providing wrap fee services to customers. Investment advisers may provide wrap accounts to the public.
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Answer:
is there an image that shows the amount of $
Explanation:
can't solve without knowing the amount sorry