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RideAnS [48]
3 years ago
10

Which type of economy best represents individual preferences and a lack of government interference?

Business
1 answer:
goldenfox [79]3 years ago
5 0

Answer:

Market

Explanation:

A market economy also is known as a free economy

In a market economy,  individuals and businesses have the freedom to choose what they will buy or sell. They also determine the quantities, time, and the prices of the goods and services produced.  

In the market economy, the government and the market are separated. It means that the government does not interfere with the operations of the market. Self-interests drive Individuals' and firms' actions. The economy will have a  wide range of goods and services which offer customer options when buying.

Market economies are a hypothesis. No country in the world operates a pure market economy. The US economy, which gives buyers and sellers the freedom to choose, has some government interfere in the form of regulation.

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During its first month of business, Kochanski Company reported net cash flows from operating activities of $5,000, net cash flow
sineoko [7]

Answer:

Net cash increase is $45000.

Explanation:

Net cash flow from (OA) operating activity = $5000

Net cash flow from (I) investing  = $10000

Net cash flow from (F) financing activity = $50000

Net cash increase = Operating activity cash flow + Financing activity cash flow - Net cash flow from investing  

Net cash increase = 5000 + 50000 – 10000

Net cash increase = 45000

3 0
3 years ago
Vanik Corporation currently has two divisions which had the following operating results for last year: Cork Division Rubber Divi
Crank

Answer:

$20,000

Explanation:

If the Rubber Division was dropped at the beginning of last year, the financial advantage (disadvantage) to the company for the year would have been: the segment's margin of $20,000

The president considering the elimination of this division is not advisable. As long as none of the allocated common corporate fixed costs could be avoided, If the Rubber Division was dropped at the beginning of last year, the financial disadvantage to the company for the year would have been it's contributed margin that went towards off-setting corporate fixed costs.

Furthermore, if this segment is closed, it would affect the Cork division because it would be reporting a lower net operating income of $90,000 as a result of bearing all the corporate costs alone.

 

3 0
3 years ago
Information related to plant assets, natural resources, and intangible assets at the end of 2022 for Tamarisk, Inc. is as follow
Studentka2010 [4]

Answer:

Partial balance sheet of Tamarisk, Inc.

<u>Non Current Assets :</u>

Buildings                                                          $1,140,000

Less accumulated depreciation—buildings  ($652,000)  $488,000

Coal mine                                                          $509,000

Less accumulated depletion—coal mine       ($107,000)  $402,000

Goodwill                                                                                $421,000

Total                                                                                      $1,311,000

Explanation:

The Items above are Non- Current Assets. Non Current Assets are resources expected to generate economic benefits for a period exceeding 12 months.

8 0
2 years ago
On the morning of July 15, 2006, fourteen school buses were vandalized. The buses, property of Walt Whitman Middle School, were
Fofino [41]

Answer:

B. the lack of discipline of Edgar Allan Poe Academy students

Explanation:

3 0
3 years ago
Read 2 more answers
Who Done It Mystery Theater sells tickets for dinner and a show for $ 40 each. The cost of providing dinner is $ 22 per ticket a
Readme [11.4K]

Answer:

$18

Explanation:

The contribution margin per patron is the ratio of the total contribution to the number of patrons. The total contribution is the difference between the total sales and the total variable cost.

Hence, the contribution per matron may also be derived as the difference between the sales per patron and the variable cost per patron.

The variable cost here is the cost of providing dinner per ticket as such,

Contribution margin per patron

= $40 - $22

= $18

6 0
3 years ago
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