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3 years ago

In what way does the Bill of Rights protect individuals' freedom to engage in business activities?

2 answers:

6 0

A lot of these can be solved using principles of economics and common sense

In what way does the Bill of Rights protect individuals' freedom to engage in business activities? It recognizes property rights.

Why do public goods demonstrate the limitations of a free market economy? They allow government to make some economic decisions.

You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of contraction. What is the main subject of this article? the business cycle

Which of the following programs was President Roosevelt establishing when he spoke these words?
"We can never insure one hundred percent of the population against one hundred percent of the hazards . . . of life, but we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age." - President Franklin D. Roosevelt, 1935. Social Security

Big Road Inc., a private company, is hired to build and run a state's entire road system. The company charges high fees to use its roads. It maintains the roads only in heavily populated areas. Which of the following describes this project? market failure

Why does a government place price ceilings, such as rent control, on some "essential" goods? They want to limit the impact of equilibrium pricing

How might a firm respond to a higher demand for its goods? They raise prices

What is a main principle of Adam Smith's The Wealth of Nations? Business prospers by finding out what people want and providing it.

What happens to the equilibrium price when supply goes down? The price goes up.

How do price changes drive markets toward equilibrium? They increase or decrease supply or demand.

Suppose the market for the magazine is in equilibrium. Some students insist on raising the cover price by $1 and printing the same quantity. What is likely to happen? There will be a surplus of 100 magazines.

Advances in technology have reduced the cost of manufacturing MP3 players. If demand does not change, more MP3 players will be sold at a lower price.

A minimum price, set by the government, that must be paid for a good or service is called a price floor.

When quantity demanded in a market is more than the quantity supplied, a shortage occurs.

Why does a perfectly competitive market require many buyers and sellers? So no individual can control the price

Milk is considered a commodity because it is the same no matter who sells it

A major characteristic of monopolistic competition is that prices will be higher than in perfect competition.

How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market? The price is higher.

A farmers' market is a real-life example of a market that is close to perfect competition?

A writer should avoid plagiarism because she may be sued for fraud.

astraxan [27]3 years ago

6 0

a single supplier of a good or service.

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According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contr

Pie

According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods courts generally have no basis for determining a remedy.

<h3>What do you mean by Uniform Commercial Code?</h3>

The uniform Commercial code states that a sale consists of the passing of title from the seller to the buyer for a price.

According to the Uniform Commercial code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods, courts have no basis for the determination of remedy.

Learn more about uniform commercial code here:

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3 0

2 years ago

equired information [The following information applies to the questions displayed below.] Three different companies each purchas

Shkiper50 [21]

Answer:

Check the explanation

Explanation:

the 2018 net income for company A, B and C

Company A:

Depreciation expense 11250 = (50000-5000)/4

Net income 28750 = 40000-11250

Company B:

Depreciation expense 25000 = 50000*50%i.e 0.5

Net income 15000 = 40000-25000

Company C:

Depreciation expense 14850 =(50000-5000)/200000*66000

Net income 25150 =40000-14850

6 0

3 years ago

We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization

Julli [10]

Answer: Mission

Explanation:

The organizational mission is one of the type of approach that is used for reflecting the various types of products and the services information and also it important values.

The main main objective of the organizational mission is that it helps in providing the various types of company statement based on its the organizational specific goals and the values.

According to the given question, the mission is one of the organizational factor that helps in value the employees and also respect their specific diversity.

Therefore, Mission is the correct answer.

3 0

3 years ago

Computing and analyzing acid-test and current ratios

uysha [10]

Answer:

Current ratio- 2.03 2.33 1.73 and Acid-test ratio- 0.98 0.43 0.60

Explanation:

Attach is the table of given cases

Acid test ratio= $\frac{cash+Short\ term\ investments+ Current\ receivables }{Current\ liabilities}$

Now, solving for acid test ratio.

Case x

⇒ Acid test ratio= $\frac{1800+0+150}{2000}$

⇒ Acid test ratio= $\frac{1950}{2000}$

∴ Acid test ratio= $0.975 \approx 0.98$

Case y

⇒ Acid test ratio= $\frac{120+0+400}{1210}$

⇒ Acid test ratio= $\frac{520}{1210}$

∴ Acid test ratio= $0.429 \approx 0.43$

Case Z

⇒ Acid test ratio= $\frac{1000+400+400}{3000}$

⇒ Acid test ratio= $\frac{1800}{3000}$

∴ Acid test ratio= $0.60$

Next solving for current ratio.

We know, current ratio= $\frac{Current\ assets}{Current\ liability}$

Case x

⇒ current ratio= $\frac{4050}{2000}$

∴ current ratio= $2.025 \approx 2.03$

Case y

⇒ current ratio= $\frac{2820}{1210}$

∴ current ratio= $2.33$

Case Z

⇒ current ratio= $\frac{5200}{3000}$

∴ current ratio= $1.73$

Hence, Current ratio- 2.03 2.33 1.73 and Acid-test ratio- 0.98 0.43 0.60

7 0

3 years ago

These are selected account balances on December 31, 2014.

zloy xaker [14]

Answer:

$1,150,000

Explanation:

Two categories of operatng assets are presented on the balance sheet: Property, plant and equipment; intangible assets.

They are presented at their acquisition cost (historical cost).

The balance sheet uses one line item for property, plant and equipment and presented the details in the notes.

Initially are recorded at acquisition cost or original cost, that include all cost normally necessary to acquire an asset and prepare it for its intended use.

A depreciation is an allocation of the original cost of an asset to the periods benefited by its use.

In this case, he total amount of property, plant, and equipment that will appear on the balance sheet is $1,150,000 because:

Land $100,000 + Buildings 800,000 + Equipment 450,000 + Furniture 100,000 - Accumulated Depreciation 300,000 = $1,150,000.

6 0

3 years ago