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Bond [772]
3 years ago
8

Sweetland is a nation that publicly supports a free market economy with private ownership of businesses. Over time, the governme

nt of Sweetland has developed policies designed to help the needy and reduce the level of income inequality. It pays for these programs by levying relatively high taxes on businesses and workers. These arrangements suggest that the economy of Sweetland is best classified as a mixed economyA. True B. False
Business
1 answer:
VLD [36.1K]3 years ago
7 0

Answer:

B. False

Explanation:

It is false at least because 3 reasons: Sweetland is not intervening in the economy by executing economic activities, all are based on private effort. Sweetland is not changing the regulatory framework to change the rules of the economy, so market forces command prices and levels of supply and demand. Sweetland is using a well recognized public function (taxes) to improve a social outcome (income inequality), that is not related to economy

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those are the answers you are looking for
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A manager who has the abilities to relate to people, understand their needs, and show compassion has ____ skills.
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You have just won a contest where the prize is either a new motorcycle, with an MSRP of $30000, or $20000 in cash. You do not ha
Vilka [71]

Answer: The motorcycle because you can sell it for more cash than the cash prize option. Value = $25000 (the price you can sell it for.)

Explanation:

Based on the scenario in the question, we've been given three options which are a new motorcycle, with an MSRP of $30000, or $20000 in cash.

The manufacturer's suggested retail price (MSRP) is simply the price that the producer of a product recommends ifor the product to be sold in retail stores.

Based on the scenario, the best option will be to choose the motorcycle. This is because it can sold for an amount that is not than the cash prize option of $20,000 since the motorcycle is valued at $25000.

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3 years ago
A group of researchers wanted to determine if people will eat more food in a room with red paint and red decorations than in a r
notsponge [240]
B is the correct Answer
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3 years ago
A relatively steep demand curve indicates that a. quantity demanded will not adjust to a price change. b. quantity demanded will
Scilla [17]

Answer:

The correct answer is option b.

Explanation:

A steep demand curve implies that the demand is relatively inelastic. In other words, a significant change in price will cause a small change in the quantity demanded.  

A flatter demand curve, on the contrary, implies that a small change in price will cause a greater change in quantity demanded. In other words, demand is relatively elastic.  

A change in price will not cause demand to change if the elasticity of demand is perfectly inelastic or when the demand curve is a vertical line.

A change in demand will be equal to the change in price if demand is unitary elastic.

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