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ipn [44]
3 years ago
11

The free enterprise system is a type of economy that:

Business
1 answer:
neonofarm [45]3 years ago
3 0

Answer:

B. allows businesses to operate without much government

interference.

Explanation:

The free enterprise system is an economic model where government participation is minimal. The private sector owns the majority of factors of production. The laws of supply and demand determine market prices, the type, quality, and quantity of goods to be availed for sale.

The government's role is mainly regulatory. Buyers and sellers have the freedom to choose what to sell or buy. Profits are a big motivation to do business under the free enterprise system.

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Assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. Als
olya-2409 [2.1K]

Answer:

The correct answer is option a.

Explanation:

The full-employment level of output is $2,000.

The current level of output is $1,900.  

The current aggregate demand is $1,850.  

There is a need to increase the aggregate demand by $150 to reach full employment level.  

The government increases purchasing by $30.  

Increase\ in\ income\ =\ Change\ in\ government\ spending\ \times\ spending\ multiplier

\$ 150\ =\ \$ 30\ \times\ \frac{1}{1-MPC}

\$5 = \frac{1}{1-MPC}

1 - MPC = \frac{1}{5}

MPC = 1 - 0.2

MPC = 0.8

6 0
3 years ago
Major federal eeo laws have been enacted to prevent discrimination against groups of workers most often affected by unfair emplo
mr Goodwill [35]

Major federal EEO laws have been enacted to prevent discrimination against groups of workers most often affected by unfair employment practices. these groups are referred to as  protected classes.

<h3>What is federal EEO laws ?</h3>

The U.S. Equal Employment Opportunity Commission (EEOC)  can be described as the law that help to  guide against the illegal things with regards to the  discriminatation in  job applicant or an employee.

It should be noted that Major federal EEO laws have been enacted to prevent discrimination against groups of workers most often affected by unfair employment practices. these groups are referred to as  protected classes.

Learn more about federal laws at:

brainly.com/question/12486518

#SPJ1

5 0
1 year ago
You work for a company that always pushes the envelope with respect to reporting revenues and expenses. You often disagree with
Artemon [7]

Answer:

Ethical Dissonance

Explanation:

Ethical Dissonance refers to a  divide between an individual desired moral identity and the  benefit they derive from acting against such ethical codes, conducts, beliefs or values.

The culture of the company is not in alignment with the my ethical codes', because its approach to reporting  amounts cannot be justified from a GAAP perspective, the ethical issues of concern is Ethical Dissonance

7 0
3 years ago
5. Consider a firm redesigning its logistics network. What are the advantages to having a small number of centrally located ware
damaskus [11]

Answer:

Explanation:small number of centrally locates warehouses will make their products readily available in needed small quantities. While having a larger warehouse nearer to the end customers will make the product easily accessible

8 0
3 years ago
The WorldLight Company produces two light fixtures (products 1 and 2) that require both metal frame parts and electrical compone
Deffense [45]

Answer:

Explanation:

a) x1 = number of unit product 1 to produce , and

x2 number of unit product 2 to produce

A linear program that will maximize world light profit is the following

maximize x_1+2x_2 subject to x_1+3x_2\leq 200

2x_1+2x_2\leq 300\\\\x_2\leq 60\\\\x_1\geq 0\\\\x_2\geq 0

Unit 1 is used both in products in 1 : 3 ratio which can be a maximum of 200 unit 2 is used in 2 : 2 ratio which can be maximum of 300

So, this can be written as the inequations

Profit functio is p = 0ne dollar on product A and two dollar on product B

= x + 2y

Now , we find a feasible area whose extremeties will give the maximum profit for, the  graph is ( see attached file )

So on the graph, we can get the other extremeties of the shaded regional so which will not give maximum profit ,

Thus , the maximum possible profit is

p = ($1 * 125) + ($2 * 25)

= $175

4 0
3 years ago
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