Answer:
C
Explanation:
When owning a business a corporation there are many rules and laws to be followed you have to go through many things for the government and keep up your end of the deal that you've made with owning your own company.
Free enterprise economics allows individuals to set supply and demand. This differs from command economics where a centeral force sets supply and demand
Answer:
c. Minimum "price" that is above equilibrium price
Explanation:
if the minimum wages is below equilibrium then it will be ineffective as there wasn't any agent willing to trade his labor at this rate.
The minimum wages must be placed above equilibrium to be effective. This will force both, laborers who were willing to work for less and employees whose intention were to pay less than minimum to trade at minimum wage.
Answer:
-911.51 the debt will decrease if sales increase 12%
Explanation:
sales: 28,400
increase of 12%
new sales: 31,808
<em><u>profirt margin:</u></em>
2,250/28,400 = 0.0792 = 7.92%
income: 31,808 x 7.92% = 2,519.19
retained earnigns grow: (1-payout ratio) = 0.6
2,519.19 x 60% = 1,511.514
Increase in working capital: 5,000 x 12% = 600
Asset requirement - reteined earnigns grow = financial needs
600 - 1,511.51 = -911.51
Answer:
D) a transnational strategy
Explanation:
From the description, Devonshire Ventures seems to be seeking a balance between local responsiveness and global integration hence said to use a transnational strategy. Another reason is because their operations and communication are between borders and beyond geographical boundaries so that each division can learn from each other globally.
