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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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If the cross-price elasticity of two goods is negative, then the two goods are a. inferior goods. b. normal goods. c. complement

Solnce55 [7]

Option C. If the cross-price elasticity of two goods is negative, then the two goods are complements.

What is Cross-Price Elasticity?

Cross-price elasticity measures how sensitive the demand of a product is over a shift of a corresponding product price.
Often, in the market, some goods can relate to one another.
This may mean a product’s price increase or decrease can positively or negatively affect the other product’s demand.
A price increase of a complementary product will lead to lower demand or negative cross-price elasticity, and a price increase in a substitute product will lead to increased demand or a positive cross-price elasticity.
Unrelated products have zero cross-price elasticity.
For substitute products, an increase in the price of a substitute product increases the demand for the competing product.
This is often because consumers always try to maximize utility.
The less they spend on something, the higher the perceived satisfaction.

To know more about cross- price elasticity , refer:

brainly.com/question/15308590

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2 years ago

Special Forces is a unique division of the U.S. military. These highly trained individuals work in teams and often plan their ow

Mama L [17]

Answer:

The correct answer is: controlling.

Explanation:

The controlling function in management helps to measure progress towards the organizational goals and brings with it any variations to indicate corrective action. It is a useful tool that allows organizations to verify if everything is happening according to the initial plan adopted.

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3 years ago

A good way to remind agitated drivers that nobody's out to get them is to:

Scilla [17]

This made me me laugh :D ( C )

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3 years ago

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Savvy consumers often purchase automobiles from dealerships at the end of the quarter or at year-end since dealers who meet thei

leonid [27]

Answer:

cumulative quantity discounts

Explanation:

Many customer’s purchase items and commodities at the end of the seasons because at year-end, the sellers, manufacturers and dealers offer various discounts to clear the inventory. Likewise, customers of savvy often buy commodities at the end of a quarter or a season to earn cumulative quantity discounts; it is a discount that is given to consumers who buy a specific amount of quality.

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3 years ago

<img src="https://tex.z-dn.net/?f=%20%5C%3A%20%20%5C%3A%20%20%5C%3A%20%20%5C%3A%20%20%5C%3A%20%20%5C%3A%20" id="TexFormula1" tit

Novay_Z [31]

Answer:

market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale.

Explanation:

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8 0

3 years ago

Read 2 more answers