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
Nina [5.8K]
3 years ago
5

What do you call an economy in which the government- ideally- has nothing to say about what, how, and for whom goods are produce

d; the factors of production are privately owned?
Business
1 answer:
kati45 [8]3 years ago
5 0

Answer:

The correct answer is market economy.

Explanation:

A market economy is a type of economy where most of the resources or factors of production are privately owned. The allocation of resources is determined by the market forces and not the government.

The government is not in control of what, how or for whom the goods are produced. This type of economy is directly in contrast with a centrally planned or controlled economy, where the factors of production are owned by the government and the government decides the allocation of resources.

You might be interested in
What is price elastic of supply
Reika [66]
The price elasticity of supply is a measure used in economics to show the responsiveness, or elasticity, of the quantity supplied of a good or service to a change in its price.
4 0
3 years ago
If the minority price for a single share of stock of a company is $20, if there are 500 thousand shares of stock, and a person o
KATRIN_1 [288]

Answer:

$4,500,000

Explanation:

current market price per stock $20

total stocks outstanding 500,000

corporation's total value = 500,000 x $20 = $10,000,000

investor's offer to purchase 100% at $14,500,000

controlling interest premium = $14,500,000 - $10,000,000 = $4,500,000

new price per stock = $14,500,000 / 500,000 = $29

The controlling interest premium equals the difference between the current market price of the stock and the purchase offer.

8 0
3 years ago
Many private individuals invest in promising business​ start-ups. About 12.4 million people in the United States are considered​
harina [27]

Answer:

l

Explanation:

5 0
3 years ago
Amazon's latest attempt to shore up and enhance its competitive barriers by introducing a home service marketplace that may help
fenix001 [56]

Answer:

<u>Customer excellence</u>

Explanation:

Amazon's latest attempt to store up and enhance its competitive barriers by introducing a home service marketplace that may help it achieve a lasting , powerful advantage is an example of<em> Customer Excellence.</em>

Customer excellence help a company in attracting the customer towards it. Customer excellence can be achieve by making your customers happy, by providing them good quality of goods, by listening their grievances , by providing them after sale service which is an important thing , by never saying no to them , always provide help to them .

Employees of the company should always be attentive towards the need of the customer .They should have complete knowledge of the product so that customer have no doubt regarding the product at the time of purchasing. He should have the ability to read the mind of the customer and understand his need .

4 0
3 years ago
Who is following the law when it comes to protecting investors’ funds?
borishaifa [10]

Answer:

A mutual fund advisor who informs investors about risks is following the law when it comes to protecting investors’ funds

Explanation:

7 0
3 years ago
Other questions:
  • Excerpts from Huckabee Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receiv
    7·1 answer
  • It becomes particularly urgent for a company to consider diversification when there are
    9·1 answer
  • If globalization continues over the next few decades, how might your life be different?
    7·1 answer
  • You are involved in training and development for your division at dunder mifflin inc. you want to target some specific organizat
    11·1 answer
  • When we compare the salaries of the worst-paid members of a corporation with the salary of the ceo, what sort of measure of pove
    14·2 answers
  • Using a cost chart, estimate the current purchased cost of a cast-steel centrifugal pump that requires 100 kW of power. What is
    14·1 answer
  • Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explan
    14·1 answer
  • For the current year, Delta Corporation has beginning and ending inventories of $80,000 and $100,000, respectively. Cost of good
    5·1 answer
  • Remeber it does not matter what people say about you, bc God loves you. Never think that no one loves you bc someone always will
    13·1 answer
  • with the knowledge gained from your study of introduction to Total Quality Management, discuss two measures you would put in pla
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!