1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
In IBP Exercise 09-03 you ran an MRP to produce only the Silver Deluxe Touring Bikes. Now, you can pick up where you left off an
777dan777 [17]
Not sure but because I don’t know your answer right now I’ll make sure to know it next time.
4 0
3 years ago
How does your new budget help you to meet your long-term goal of saving for college?
Musya8 [376]

Answer:

You may reach your long-term goals quicker by putting your cash into a savings account or certificate of deposit with a high interest rate, or by investing, especially if you don’t plan to use this money for at least five years — say you’re starting a college fund for your newborn. That way you’ll allow time to build up a positive return.

Explanation:

7 0
2 years ago
What will be the credit and debit
juin [17]
A credit card is money the bank lets you borrow A debit card is money you already have
3 0
3 years ago
Atlantic Corporation reported the following amounts at the end of the first year of operations: contributed capital $100,000; sa
romanna [79]

Answer:

A) retained earnings $40,000 and expenses $340,000.

Explanation:

Total Assets = Total Equity + Total Liabilities

$300,000 = Total Equity + $160,000

Total Equity = $300,000 - $160,000

Total Equity = $140,000

Now

Total Equity = Contributed Capital + Retained Earning

$140,000 = 100,000 + Retained Earning

Retained Earning = $140,000 - $100,000 = $40,000

Now

Retained Earning = Revenue - Expenses - Dividend paid

$40,0000 = $400,000 - Expenses - $20,000

$40,0000 = $380,000 - Expenses

Expenses = $380,000 - $40,000

Expenses = $340,000

3 0
3 years ago
Select all that apply. Select the items that describe what happens at the equilibrium price. Producers supply the exact goods th
malfutka [58]
Answers are: 
<span>Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price
</span><span>Producers use their resources efficiently

At the equilibrium price, the quantity bought= quantity sold. Consumers have enough goods at the given price, meaning that there isn't anyone who wants to buy the good at that price but can't, and producers use their resources efficiently.

The whole economy does not waste resources, since this is the market-efficient outcome, and there aren't many shortages or surpluses for the same reason. </span>
5 0
3 years ago
Other questions:
  • You are planning a bank. You plan for six tellers. Tellers take 15 minutes per customer with a standard deviation of 7 minutes.
    8·1 answer
  • Using the allocation method, if the ratio of land value to building value is one to three and an improved property is valued at
    5·1 answer
  • Last year Baron Enterprises had $350 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity
    14·1 answer
  • On March 1, 2012, Freeze Company hires a new employee who will start to work on March 6. The employee will be paid on the last d
    9·1 answer
  • Costs associated with two alternatives, code-named Q and R, being considered by Albiston Corporation are listed below: Alternati
    8·1 answer
  • Emerald Co. uses a perpetual inventory system and records purchases of merchandise at net cost. The company recently purchased 2
    11·1 answer
  • Predetermined Overhead Rate, Overhead Variances, Journal Entries Craig Company uses a predetermined overhead rate to assign over
    8·1 answer
  • Big Lots is able to compete against Wal-Mart with a cost leadership strategy because of its strengths in highly disciplined merc
    10·1 answer
  • Can someone please fill out this chart for accounting 1. will give brainliest and 100 points
    13·1 answer
  • What country borders the caspian sea, the persian gulf, and the gulf of oman?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!