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sashaice [31]
2 years ago
10

What are the qualities of a free-enterprise system? Check all that apply.

Business
1 answer:
Vaselesa [24]2 years ago
6 0

Answer:

Free-enterprise systems encourage free interaction between producers and consumers.

Explanation:

the main qualities of a free enterprise system are constituted by the capital goods of private property and production that's targeted to your consumers. therefore, the company assumes freely their decisions.

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The amount of a product that people are willing and able to purchase at a specific price is referred to as the:
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<span>The amount of a product that people are willing and able to purchase at a specific price is referred to as </span>demand.
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3 years ago
Many firms advertise. What effect does advertising have on firm​ profits? One possible effect of advertising is to:_________
spayn [35]

Answer:

Option b: Increase profits by shifting the demand curve for the product to the right

Explanation:

Marketing is simply all the activities necessary for a firm to sell a product to a consumer. Firm engages in marketing to make their brand or product known.

Advertising has a whole lot of effect in the society at large. There are economic effect, social effect and others.

effects of advertising on the prices of goods and service includes exerting an upward pressure on prices that is the Cost of advertising is passed along to consumers and Advertising makes us less price sensitive) and exerting a downward pressure on prices may lead to economies of scale and Lowers the cost of sales.

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2 years ago
The diffusion of innovation refers to the rate at which consumers ______ a given product or service.
Yuri [45]

Answer:

adopt

Explanation:

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2 years ago
Brittany has the right when her child is born to take one full year of leave with two-thirds of her pay, and there is substantia
Mrrafil [7]
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2 years ago
Subjective performance evaluations are subject to several rater errors, which makes objective measures seem a better alternative
Mandarinka [93]

Answer:

A Subjective performance evaluation is more feasible when evaluating jobs that cannot easily be evaluated by numbers, in finding problems such as ethical errors that objective evaluation cannot identify and in identifying the rate of achievement of work goals that cannot be recorded in an objective evaluation.

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