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never [62]
3 years ago
9

For many years China relied on central planning but is currently moving away from a central market to a free market based econom

y. This would mean that China’s economy is in a state of transition. Please select the best answer from the choices provided
Business
1 answer:
DanielleElmas [232]3 years ago
5 0

The given statement is False.

For many years China relied on central planning but is currently moving away from a central market to a free market based economy. This would mean that China's economy is in a state of Transition. This statement is not necessarily True.

Explanation:

Free market is a market structure in which there is a little or no control of the government on supply and demands of the products or services. The structure of this market depends upon the political or legal rules.

If China moved from the central to the free market, it does not mean that is it in the state of Transition. This is because, it could be the choice of China itself to keep a balance between the command and the free market economies, whatever suit its needs.

Learn more about Transition of Chinese Market at:

brainly.com/question/830955

#LearnWithBrainly

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How does the free-enterprise system discourage entrepreneurs who waste resources?
Len [333]

The  free-enterprise system discourage entrepreneurs who waste resources because They can't make a profit and are forced out of business.

<h3>What is free-enterprise system?</h3>

Free enterprise can as well be described as the  free market or capitalism, which is a  economic system that is been  driven by supply and demand.

In this Private businesses as well as the  consumers control the marketplace , however  free-enterprise system discourage entrepreneurs who waste resources because They can't make a profit and are forced out of business.

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6 0
2 years ago
Which section of a professional business letter contains the purpose of the correspondence?
kumpel [21]
The body of the business letter contains the purpose. 
7 0
3 years ago
The government of Ugania had been extending huge amounts of loans to the business enterprises in the country. However, the borro
coldgirl [10]

Answer:

b) economic

Explanation:

Economic risk can be described as the probability that investment in the home country will be affected by changes in exchange rates, a political instability, a change in government regulation or policy, or any other macroeconomic conditions especially in a foreign country.

Despite that the government of Ugania has been trying to stimulate its economy extending huge amounts of loans to the business enterprises in the country, the failure to generate the profits necessary to repay their debts by borrowers likely due to be that the business enterprises in Ugania are most likely to facing economic risk.

7 0
4 years ago
If a corporation pays $3 per share in annual dividends for each of the ten shares you purchase for $50 each what is the ROI
DENIUS [597]

If a corporation pays $3 per share in annual dividends for each of the ten shares you purchase for $50 each then the ROI is 2$.

<h3>How is ROI calculated?</h3>

An investment's return on investment (ROI) provides a general indication of its profitability. In order to calculate ROI, subtract the investment's initial cost from its final value, divide the result by the cost of the investment, and then multiply the result by 100.

<h3>What Constitutes a Solid ROI?</h3>

For an investment in stocks, a yearly ROI of 7% or more is typically regarded as a respectable ROI. This also refers to the average annual return of the S&P 500 after accounting for inflation.

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5 0
1 year ago
Martin Enterprises needs someone to supply it with 120,000 cartons of machine screws per year to support its manufacturing needs
ANEK [815]

Answer:

The Bid Price you should submit is $15.45

Explanation:

NPV = -795000 + 143000*(1-21%)/1.09^5-70000 + 70000/1.09^5 + ((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5)

        => -795000 + 143000*(1-21%)/1.09^5 - 70000 + 70000/1.09^5 +((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5) >=0

      =>P = 15.446118865171

Therefore, The Bid Price you should submit is $15.45

6 0
3 years ago
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