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
Anna [14]
3 years ago
10

A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th

e government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not. In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
The entrepreneur I chose is Mary Kay Ash. Plz help!
Business
2 answers:
sergejj [24]3 years ago
6 0

Answer:  The free enterprise system was certainly necessary for Mary Kay Ash to make an impact on the business world.

Explanation: This is because having no restrictions from the government, Mary Kay could set the price of her products, making them competitive in the market.  By selling directly to end consumers, she skipped intermediaries, therefore cut costs and had a great impact on the business world.  Another strategy she used is "try before buying", which became a plus for her products, having satisfied costumers become captive consumers, always coming back for more. The Free Enterprise System was absolutely helpful for Mary Kay Cosmetics to have pressence in the world for 56 years now.

mezya [45]3 years ago
4 0

Answer:

Format:

✔ argumentative essay

Topic:

✔ entrepreneurship

Purpose:

✔ to persuade

Explanation:

Edge 2020

You might be interested in
The graph represents the supply and demand curve for chocolates in the economy. Identify the price and quantity at which there w
Zielflug [23.3K]

Answer:

Equilibrium Price - 3

Equilibrium Quantity - 3

Explanation:

The price at which there will be equilibrium in the chocolate market is 3 units while the corresponding quantity is also 3 units.

<u>The equilibrium price and quantity represents the price and quantity where the demand for a product is equal to the supply for the same product respectively.</u>

<em>In the graph, the point of intersection of the demand and the supply curve represents the equilibrium point. At this point, the price on the Y axis is 3 units while the corresponding quantity on the X axis is also 3 units.</em>

3 0
2 years ago
Hal Gore won a $1 million prize for special contributions to environmental research. This prize is awarded for public achievemen
Vikki [24]
I think the answer is A
7 0
3 years ago
If businesses are producing at capacity, and the nation is experiencing almost full employment (a very low rate of unemployment
Fittoniya [83]
The federal reserve bank may decide to INCREASE THE INTEREST RATE. Interest rate refers to the amount that is charged for making use of a particular loan. Increasing the interest rate is one of the monetary policy which the federal reserve bank use to control the money supply in an economy. 
7 0
3 years ago
Preferred stock has a par (face) value of $80. The annual dividend is $6.00 per share. Investors in this preferred stock have a
umka2103 [35]

Answer: $75

Explanation:

Using the Gordon Growth Model:

Price of stock = Next year dividend / (Required return - growth rate)

Growth rate is 0% as dividend does not change per year.

Price of stock = 6 / 8%

= $75

7 0
2 years ago
Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate
Vaselesa [24]

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

4 0
3 years ago
Other questions:
  • In 2016, teller company sold 3,000 units at $600 each. variable expenses were $420 per unit, and fixed expenses were $270,000. t
    12·1 answer
  • You had your first child recently. You would like to set aside some funds so that your child will be able to attend the Universi
    8·1 answer
  • Joshua, an HR manager in a multinational firm, is recruiting employees for his firm. During the self-introduction stage, one of
    7·2 answers
  • One of your clients is a sophisticated 40 year old investor and has recently changed jobs. The client is considering rolling ove
    14·1 answer
  • A(n) _____ is done to test each individual component (often a program) to ensure that it is as defect-free as possible. a. user
    13·1 answer
  • the units digit of a two digit number is 10. If the digits are reversed, the new number is 9 less than the original number. find
    11·1 answer
  • I need help on this question please
    12·1 answer
  • The marketing activity that receives the most attention from those concerned with ethical considerations is product strategy, bu
    12·1 answer
  • Alton ordered an official NFL jersey for his son's birthday and is hoping it will arrive on time. Luckily, the company sent him
    10·1 answer
  • Which characteristic is not reflective of a successful entrepreneur?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!