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3 years ago

In a free market society, what are some things the government has to do because the market won’t?

Business

1 answer:

kompoz [17]3 years ago

4 0

Answer:

Intervene to protect the nature and the environment: government has to play an active role in preserving the nature from the industrial activities.

Protection of consumers and customers from malicious business activities.

Establishing a proper legal framework for the enterprises to operate under a healthy competition.

Establishing required antitrust laws to prevent unjust monopolies from taking over industries.

To enact labour laws and necessary regulations to regulate the labour market.

Explanation:

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In economics, why must consumers, businesses, and governments make choices?

Rainbow [258]

Due to scarcity. There exist unlimited wants but only scarce amount of resources to meet those wants so items must be allocated through a system of prices or through exchange.

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3 years ago

Which of the following forms of communication has the most impact during your interview? a. Nonverbal b. Verbal c. Voice quality

Alex

Being verbal during an interview is a important thing <span />

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3 years ago

Read 2 more answers

Cutter Enterprises purchased equipment for $72,000 on January 1, 2018. The equipment is expected to have a five-year life and a

hram777 [196]

Answer:

$28,800

$25920

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

2018 = 2/5 x 72,000 = 28,800

Book value = 72,000 - 28800 = 43,200

2019 = 2/5 x 43200 = 17280

Book value = 43200 - 17280 = 25290

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3 years ago

Abner and Bette have been married for 20 years and always file a joint return, but never itemize their deductions. Abner and Bet

user100 [1]

<u>Solution and Explanation:</u>

Abner & Bette Gross Income = $80,000.00

Less: the Standard deduction (as per Federal tax $12700 for 2017) $ (12,700.00)

Less: the Personal Exemption($4050*2) $(8,100.00)

Ans (a) Abner's & Bette taxable income in 2017 $ 59,200.00

<u> The Personal Exemption Amount</u>

The personal exemption amount for 2017 is $4,050.

Standard Deduction Amounts

The 2017 standard deduction amounts will be as follows:

Single or married filing separately: $6,350

Married filing jointly: $12,700

Head of household: $9,350

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3 years ago

If government spending occurs, there will be a(n) _______ of private-sector investors, described as a(n) _______ of that spendin

MrRa [10]

If government spending occurs, there will be a(n)crowding out of private-sector investors, described as a(n) opportunity cost of that spending.

<h3>What is government spending?</h3>

This is the term that is used to refer to all forms of expenditures that the government of a place may embark on.

Spending is an expansionary policy that helps to stimulate the government of a place.