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Olenka [21]
3 years ago
11

What are the advantages of a Free Enterprise system to consumers?

Business
2 answers:
nlexa [21]3 years ago
8 0
Answer is d. all of the above
SOVA2 [1]3 years ago
8 0

Answer:

D

Explanation:

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The Department of Justice and the Federal Trade Commission must define the relevant market when determining whether to allow a m
emmainna [20.7K]

Answer:

The correct answer is letter "B": a price increase results in higher​ profits; otherwise, the market is too narrow.

Explanation:

When firms are interested in acquisitions or mergers they have to determine if the target company is part of a relevant market. The term refers to the competitive conditions that offer the economy where the target company is located. The relevant market also considers the type of product or service the target company offers.

<em>Relevant markets optimal for mergers are those where an increase in prices generates more revenue for firms. If there are too many competitors offering undifferentiated products, the market will not allow organizations to profit from price increases. Those markets, then, are too narrow.</em>

6 0
3 years ago
Markets may have difficulty providing the proper quantity of a public good because Group of answer choices individuals will tend
Mariulka [41]

Answer:

individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.

Explanation:

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue

The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.

Because a public good is non-excludable, the problem of free rider increases so private firms would be unable to generate adequate revenue

3 0
3 years ago
You make $10.25 per hour. You have 7.5% of your total pay taken out of your check for your 401K retirement plan. How much will b
Lera25 [3.4K]

The amount that will be taken off the pay check for the 401k retirements plan given all the criteria indicated above is $38.82 (Option D)

<h3>What is the computation justifying the above?</h3>

Given:

Pay Per Hour: $10.25

Bonus: $15.375‬ for every hour worked over forty hours.

Total Hour worked: 47 Hours

Percentage deductible: 7.5%

Total Pay thus =

(40 *10.25) + (7 *15.375)

= $517.625

Total 401 K deduction thus, =

7.5% * 517.625

401K Deduction total = $38.82

Learn more about 401k retirements plan:
brainly.com/question/2908111
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Full Question:

You make $10.25 per hour. You have 71/2% of your total pay taken out of your check for your 401K retirement plan. How much will be taken out for your 401K if you work 47 hours this week? You get paid time-and-a-half for all hours over 40.

Select one:

A. $36.13

B. $69.02

C. $54.20

D. $38.82

E. $14.35

3 0
2 years ago
Justine was interested in learning how to play the piano. She has successfully passed every level of music book and is planning
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The stage of ability development is Justine at is now being a master. It is because he is now interested in learning how to play the piano and she has successfully passed every level of music book and is planning her own concert. I hope my answer has come to your help. God bless and have a nice day ahead!
8 0
3 years ago
Read 2 more answers
5. John has two ATM transactions but only one of them has a fee (Interac). 1 point
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Answer:

You can withdraw by automatic electronic transfer, check, ATM card or debit card. There are many ways these days to withdraw money from your accounts. Let's go over each.

Explanation:

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