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Sergio039 [100]
3 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]3 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.

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Natalie walks by a bakery, and her first response to the aroma coming from the store is a desire to eat something sweet and deli
Lisa [10]
From the instantaneous response that Natalie experienced, the answer should be C) Sensation.
8 0
4 years ago
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following informatio
bulgar [2K]

Answer: See explanation

Explanation:

The balance on the job cost sheets for each job will be:

Job 765:

Direct materials = $6160

Direct labor = $1848

Overhead cost = 22 × $107 = $2354

Total job cost = $6160 + $1848 + $2354 = $10362

Job 766:

Direct materials = $13338

Direct labor = $4212

Overhead cost = 78 × $107 = $8346

Total job cost = $13338 + $4212 + $8346 = $25896

3 0
3 years ago
According to the bond-yield-plus-risk-premium approach, a firm's cost of retained earnings, r s , can be estimated by adding a r
Masja [62]

The approach suggest that a firm's cost of retained earnings can be estimated by adding a risk premium of 3% to 5% points to the before-tax interest rate on the firm's own long-term debt.

The bond-yield-plus-risk-premium approach does assumes that cost of equity is closely related to the firm's cost of debt.

  • The premium approach does help to determine the value of an assetof a company's such as its traded equity.

However, the approach suggest that a firm's cost of retained earnings can be estimated by adding a risk premium of 3% to 5% points to the before-tax interest rate on the firm's own long-term debt.

Read more about the premium approach:

<em>brainly.com/question/20354983</em>

7 0
2 years ago
When reviewing the balance sheet for Portable Pet Care, Inc., a mobile small animal care business, Ricky noted the following inf
mash [69]

Answer:

The net worth (owners' equity) for this business is $2.2 million

Explanation:

Net worth: It is also known as owner's equity which is a difference between total assets and total assets.

In this question, we use the accounting equation which is used to balance the debit and credit side of the balance sheet items.

So, the accounting equation is

Total Assets = Total Liabilities + Owner's Equity

where,

Company assets are $3.5 million

And, liabilities is $1.3 million

Now, apply the above equation to find out the value of the owner's equity

So, owner equity would be equals to

= $3.5 million - $1.3 million

= $2.2 million

Hence,  the net worth (owners' equity) for this business is $2.2 million

3 0
3 years ago
Which of the following statements is true of pricing strategy? Avoid sale prices as they lead to price wars. An entrepreneur's f
yawa3891 [41]

Answer:

Most consumers decide on a product using price as the number one factor

Explanation:

Sale prices could make a market more competitive and it is also a pricing strategy.

If an entrepreneur set the price as high as s/he thinks s/he can it could take her/him out of competition in the market and it would leave her/him without profit.

Small business don't set their prices according to their business size but to the economic factor, because consumers first decide based on the economic factor because people can't buy what they can't afford.

8 0
3 years ago
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