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DiKsa [7]
4 years ago
12

U.S. businesses are known for their technological advances and their ability to implement change true false

Business
1 answer:
Andrej [43]4 years ago
7 0

Answer:

U.S. businesses are known for their technological advances and their ability to implement change;

True

Explanation:

The united States can be described as the pioneer in the free market economy. The free market economy generally means that private businesses control how the market behave with little interference from the government. This allows market forces of supply and demand to take precedence in deciding market prices of goods and services. For example, when the demand for a certain good or service exceeds the supply, the price of that particular good will rise. On the other hand, when the demand for a particular good or service is lower than the supply, the price of the good or service drops. The equilibrium price is the price where the forces of demand and supply balance.

The free market system relies majorly on competition between businesses. Economist like Adam Smith postulated that if a free market runs it's course without interference, the equilibrium price will be ultimately reached. Since in a free market there is a lot of competition, most businesses will have an incentive to improve their technology and also adapt to change faster to gain competitive advantage over it's peers.

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Suppose the demand for good X is given by Qdx = 10 + axPx + ayPy + aMM. From the law of demand we know that ax will be: less tha
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Answer:

less than zero

Explanation:

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6 0
4 years ago
The calculation of diluted earnings per share assumes that stock options were exercised and that the proceeds were used to buy t
dusya [7]

Answer:

The correct answer is (A)

Explanation:

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4 years ago
Which of the following is an effective control over accounts receivable? Multiple Choice Balances in the subsidiary accounts rec
larisa86 [58]

Answer:

The billing function should be assigned to persons other than those responsible for maintaining accounts receivable subsidiary records.

Explanation:

The first choice it's considered an effective Internal control procedure for accounts receivable.  

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This is what we call Segregation of Duties and this is an internal control determined to avoid fraud or error.

6 0
3 years ago
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taurus [48]

Answer:

The correct answer is "dinoflagellates"

Explanation:

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7 0
3 years ago
More than 50 percent of electrocutions are caused by a worker coming in direct contact with
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3 years ago
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