Why is the free enterprise system subject to business cycles? A. because individuals and businesses acting in their own self-interest make economic decisions. A free enterprise is an economy where products, prices and services vary based on the the market and not by what the government says. The free enterprise system allows businesses to be free from government control. They are free from communism and able to make their own decisions regarding their business.
Answer: It's possible. Act equally. Limited Partnership Certificate change. It depends on the contract. It can be registered as a corporation immediately.
Explanation:
- It is possible if one party notices the severity of the termination of the mutual partnership agreement. If agents or representatives of companies in their reports convey such experiences to the competent authorities, this process can be initiated. If a party invests a certain amount of money in a joint venture, and it turns out that a business associate does not have serious business intentions, then court proceedings can also be initiated. Two or more parties sign certain documents before the start of the business, and the company can be canceled following the law.
- If no agreement is reached, the earnings are shared equally. If there is no agreement establishing the events of the dissolution, the general partnership is dissolved upon notice of the express will of any individual general partner to separate.
- If such a situation arises, a change in the limited partnership certificate should be filed with the Secretary of State strictly at the point of formation of the partnership. If one of the two partners leaves the job or collaboration and allows the other to continue the situation, the departing partner is entitled to the allowance.
- If a party offers some compensation to another, then something like that is possible. This is valid from the agreement between the two parties. The partnership is formed by laws determined by the state and cannot go beyond these. However, potential partners were left with the possibility of negotiating and business maneuvering in this direction.
- By submitting valid documentation to a management agency, if you are starting your business, it can be registered as a corporation immediately. Of course, such a thing is only possible with the adaptation of the required documentation ordered by the state. So it does not matter the size of the firm for the business to be registered as a corporation.
According to macroeconomic principle, the short-run aggregate supply curve has a <u>Positive</u> slope because as prices of <u>final goods and services</u> rise, prices of <u>inputs</u> rise more slowly.
This is based on the idea that the <u>short-run aggregate supply</u> curve shifts by changes in price level and production.
Thus, the Short-run aggregate supply curve is represented as Y = Y* + α(P-Pe).
- Here, Y => the production of the economy;
- Y* => the natural level of production, and the coefficient is positive;
- Pe => the expected price level.
Hence, in this case, it is concluded that the short-run aggregate supply curve is a significant detail to be noted in the economic analysis of business production.
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Answer: You would tend to sing the praises of the professor associated with your University, you would want to play the familiarity card to others of how you might know him because he teaches in your University.
Explanation:
There are two things involved in these scenario, one of them is that you would tend to sing the praises of the professor associated with your University, you would want to play the familiarity card to others of how you might know him because he teaches in your University.
The second is that you would be inquisitive about the other professor and want to know more about his profile.
But in most cases the familiarity aspect happen more than the other.
Answer:
Method 1 should be chose, since it is still the cheapest if labor cost rises to $200/unit.
Explanation:
Total Cost = ( units * labor costs) + (capital cost * units of labor)
Total Cost for Method 1 : (50 * 100) + (10*400)
= $9,000
Total Cost for Method 2 : (20 * 100) + (40*400)
= $18,000
Total Cost for Method 3 : (10 * 100) + (70*400)
= $29,000
If the price of labor rises to $200 then:
Total Cost for Method 1 : (50 * 200) + (10*400)
= $14,000
Total Cost for Method 2 : (20 * 200) + (40*400)
= $20,000
Total Cost for Method 3 : (10 * 200) + (70*400)
= $30,000
