1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sergio039 [100]
2 years ago
11

Freedom of enterprise Multiple Choice in a market system means that entrepreneurs can obtain and use economic resources without

any legal restraint. refers primarily to the right of consumers to purchase what they want. allows businesses, within broad limits, to choose what goods to produce. is a characteristic that is common to most economic systems.
Business
1 answer:
Zina [86]2 years ago
8 0

Answer: allows businesses, within broad limits, to choose what goods to produce

Explanation:

Free enterprise also referred to as the free market is a form of economy whereby prices, services and products, are determined by the market, and not the government. In free enterprise, the susinesses and services are free from the control of the government.

Things that are free means they are unconstrained, while a business means an enterprise. Therefore, the free enterprise is an economy whereby the businesses are free from the control of the government.

You might be interested in
Wendy has a monopoly in the retailing of motor homes. She can sell five per week at $21,000 each. If she wants to sell six, she
Ilia_Sergeevich [38]

Answer:

The correct option is option d, $20,000.

Explanation:

As she has to sell all the six, she has to charge each house for $20,000. This indicates that the quantity effect of selling the sixth motor home is given as

the cost of the sixth house which is $20,000 so the correct answer is $20,000.

3 0
2 years ago
Doggie Pals produces​ 110,000 dog collars each month that give off a fresh scent to keep your dog smelling clean between baths.
bixtya [17]

Answer:

$213,636.36

Explanation:

The fixed cost is usually the same for a range of activity levels while the variable cost changes as the number of units produced or activity level changes.

Given that at a level of 110,000 dog collars, $100,000 are variable costs. Then

Variable cost per dog collar = $100,000/110,000

= $0.91

Fixed cost  = $200000 - $100000

= $100,000

Where 125,000 collars are​ produced,

Total production cost = $100,000 + (125,000 × 0.91)

= $213,636.36

6 0
3 years ago
Bonds Payable has a balance of $928,000 and Discount on Bonds Payable has a balance of $11,136. If the issuing corporation redee
Setler [38]

Answer:

c.$7,424 gain

Explanation:

Book value of bonds payable:    

Par value of bonds payable                      $928,000  

Less: Discount on bonds payable              $11,136  

Book value of bondds payable               $916864  

Redemption value of bonds ($928,000*98%)   $909440  

Gain on Redemption of bonds                 $7424

Therefore, The amount of gain or loss on redemption is $7424.

5 0
2 years ago
American apparel makers complain to Congress about competition from China. Congress decides to impose either a tariff or a quota
Ugo [173]

Answer:

Quota is preferred by the Chinese apparel manufacturers.

Explanation:

The reason is that the China has an competitive advantage of less costly workers and also that they are highly competitive in terms of prices. Usually the quality of American’s products are far much better in quality and technology. This means if the tariffs are imposed on Chinese products then their are huge revenue losses to Chinese apparel manufacturers. Whereas quota will enable them to sale their products to America which shows lower revenue losses.

So quota is far much better for Chinese manufacturer’s in case if America decides to use protectionist approach, I mean America decides to imposed trade barriers for Chinese companies to protect American companies.

7 0
2 years ago
Read 2 more answers
Which two types of taxes provide the largest amount of revenue to states?
PolarNik [594]
Sales taxes and individual income taxes
6 0
3 years ago
Read 2 more answers
Other questions:
  • Douclamp, a steel manufacturing company, makes small investments in three iron ore plants in different cities. When one of the p
    6·1 answer
  • 9. Benchmarking is
    7·1 answer
  • Johns Company manufactures products R, S, and T from a joint process. The following information is available: Product R S T Tota
    7·1 answer
  • Miguel is doing a research paper on new york city's stonewall riots of 1969. he visits the scene of the riots, interviews people
    6·1 answer
  • A(n) _____ organization is characterized by a relatively low degree of job specialization, loose departmentalization, few levels
    15·2 answers
  • Pens are normal goods. What will happen to the equilibrium price of pens if the price of pencils rises, consumers experience an
    14·1 answer
  • A buyer uses a perpetual inventory system, and it purchases merchandise on terms of FOB shipping point. On December 20, the ship
    15·1 answer
  • What is the importance of salesmanship​
    7·2 answers
  • Sandra is hired by a sparkling water manufacturer. Her primary function at the company is transforming resources into goods and
    12·1 answer
  • if a farm has nfio of $100,000, and an opportunity cost total of $25,000, what is the farm's return to equity? (round to the nea
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!