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kirill [66]
3 years ago
7

In a free market​ system, ____. A. central planning determines supply B. government forces primarily determine prices C. most ne

w business development is limited by government forces. D. private wealth and property ownership are not permissible E. individuals and companies may compete for their own economic gains
Business
1 answer:
natka813 [3]3 years ago
4 0

Answer: Option E

Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.

The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.

Hence we can conclude that the right option is E.

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how often is simple interest used in the business and banking worlds? a. rarely, d. regularly, c. frequently, d. most...
bagirrra123 [75]
I would say your answer is A.

Glad I could help, and good luck!

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When creating text ads to advertise a client's small chain of italian restaurants, what should you include in the ad text to mak
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What academic requirements should be completed to be a public relations specialist
allochka39001 [22]

Answer: A 4-year bachelor's degree in a PR-related area like journalism, marketing or communications is frequently required for entry-level positions. Many colleges or universities offer specific public relations certificate programs or majors.

Explanation:

3 0
3 years ago
A company that manufactures and sells kitchen scrubbing sponges has significantly lower cost structures than its competition. Th
chubhunter [2.5K]

Answer:

The correct answer is “Pricing below competitors”.

Explanation:

It is given that the organization is operating with a lower cost structure as compared to its competitor and it is also enjoying the economies of scale. Since lower cost structure makes the organization capable to keep the price of its product lower as compared to its competitor. Moreover, the lower price of a commodity will attract new customers. Consequently, its sales volume will increase.

5 0
3 years ago
Details of invoices for purchases of merchandise are as follows: Merchandise Freight Terms Returns and Allowances(a) $2,800 $45
Lostsunrise [7]

Answer:

A.$2,619

B.$6,800

C.$839

D.$495

Explanation:

Calculation to Determine the amount to be paid in full settlement of each of the invoices,

a) (2,800-200)*99%+45

=2,600*99%+45

=2,574+45

= $2,619

b) (7,600-800)

= $6,800

c)$1,400 – $600 – $16 + $55

=$784+$55

= $839

d)$500 –$5 = $495

6 0
3 years ago
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