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gladu [14]
3 years ago
8

How is the principle of open opportunity different from guaranteeing success to everyone in the marketplace?

Business
1 answer:
sesenic [268]3 years ago
7 0
The principle of open opportunity in the marketplace means that anyone who wants to put up a business is welcome to do so. However, the success of his business rests entirely on how well it is received in the market.

Guaranteeing success to everyone in the marketplace is impossible. Competition is always present. Demand and supply can be affected by factors beyond human control.
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In what way did the cotton gin contribute to the dramatic rise in production?
seropon [69]
B I believe this is the right answer
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Select all examples of non-market distribution methods.
Lelu [443]
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3 0
3 years ago
What is the difference between Singapore's economy and the US's economy
marusya05 [52]

Answer:

I hope this helps.

Singapore today, it is one of the world's fastest-growing economies. Its GDP per capita has risen to an incredible U.S. $60,000, making it one of the strongest economies in the world. With the US the growth in GDP - the value of goods and services in the economy - has generally been strong. The most recent data shows a 3.1% growth for the first quarter of 2019. This is lower than the 2018 peak of 4.2% (second quarter), which has been the highest level achieved during President Trump's administration.

Explanation:

4 0
4 years ago
Dake Corporation's relevant range of activity is 3,200 units to 8,000 units. When it produces and sells 5,600 units, its average
Sladkaya [172]

Answer:

$22,780

Explanation:

The computation of the  total amount of indirect manufacturing cost incurred is shown below:

= Variable manufacturing overhead + fixed manufacturing overhead

where,

Variable manufacturing overhead  = Number of units produced × variable manufacturing overhead per unit

= 4,600 units × $1.30

= $5,980

Fixed manufacturing overhead  = Number of units produced and sold × fixed manufacturing overhead per unit

= 5,600 units × $3

= $16,800

So, the total indirect manufacturing cost is

= $5,980 + $16,800

= $22,780

6 0
3 years ago
Define technology for class 7
Dafna1 [17]

Answer:

<h2><u>Required</u><u> Answer</u><u> </u><u>:</u><u>-</u></h2>

Technology - Technology is defined as the information about some thing. We may also use these technologies in our business

Ex :- Internet is a technology.

\\

8 0
3 years ago
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