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nirvana33 [79]
3 years ago
5

The United States enjoys a free market economy in which _____.

Business
1 answer:
Mnenie [13.5K]3 years ago
4 0
Free market means you can choose what path you want to take such as a career or future. therefore the consumers control the market. that is why share prices go up and down because of s and d. the suplly and demand comes from the consumer wanting to purchase and sell. Therefore a free market economy is an economy controlled by consumers
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You have three choices in placing your money in a bank account. ◼ Bank A pays 6.12% compounded annually. ◼ Bank B pays 6.00% com
Semmy [17]

Answer:

Consider that rates for each type of account are different so you need to convert first all the rates to annually.

Using the formula to convert rates: (1+i)^(n2/n2)-1 you can calculate the rate and compare.

The bank that will pay more interest anually will be Bank B due to rate is 26% in comparison to Bank A which only is 6.12%.  Rate for Bank C is too small so I wouldn´t choose this bank.

5 0
3 years ago
You expect to receive $5,000 at graduation one year from now. Your plan is to invest this money at 6.5 percent, compounded annua
borishaifa [10]

Answer:

A.She will earn the same amount of interest each year.<u>B.She could have the same future value and invest less than $2,000 initially if she could earn more than 6.5 percent interest</u>

Explanation:

8 0
3 years ago
Charisma, Inc., has debt outstanding with a face value of $5.5 million. The value of the firm if it were entirely financed by eq
rjkz [21]

Answer:

$0.69 million or $690,000

Explanation:

Value of Firm Vₐ = $24.7 million

Debt D = $5.5 million

Shares S = 390,000 * 51 = $19.89 million

Therefore Value Vₓ = 5.5 + 19.89 = $25.39 million

We would expect Vₐ and Vₓ to be the same value. Therefore the decrease in the value of the company due to expected bankruptcy costs is

= $25.39 million - $24.7 million

= $0.69 million

3 0
3 years ago
The fact that universal technical standards for the internet and electronic commerce exist lowers ________ costs, making it chea
olasank [31]

The fact that universal technical standards for the internet and electronic commerce exist lowers market entry costs, making it cheaper for merchants to sell their goods.

The universal technical standards of the web and e-commerce greatly lower market entry costs- the value merchants must pay simply to bring their goods to promote.

At the same time, for consumers, universal standards reduce search costs- the hassle required to seek out suitable products when businesses sell products, services or information to consumers.

Internet technology reduces information costs and raises quality of knowledge, enabling price transparency (the ease for consumers of finding a spread of prices) and price transparency (the ability of consumers to work out the particular costs of products). data to execute these transactions.

As social bookmarking systems are growing in popularity, search algorithms are developed that transfer the concept of link-based rankings within the Web to a social bookmarking system's organization. These rankings differ from traditional program rankings therein they incorporate the rating of users.

A universal standard means the standards that are shared by all nations round the world. The universal technical standards of e-commerce are a greatly lower market entry cost, which suggests the merchants must pay the prices of the products that they create to the market.

learn more about universal standard: brainly.com/question/14971225

#SPJ4

3 0
2 years ago
One year ago, the Jenkins Family Fun Center deposited $3,500 in an investment account for the purpose of buying new equipment fo
sveticcg [70]

Answer:

Total FV= $21,043.97

Explanation:

Giving the following information:

Interest rate= 7% compounded annually

<u>To calculate the total accumulated future value, we need to use the following formula on each deposit:</u>

FV= PV*(1+i)^n

Deposit 1= 3,500*1.07^5= 4,908.93

Deposit 2= 5,300*1.07^4= 6,947.22

Deposit 3= 7,500*1.07^3= 9,187.82

Total FV= $21,043.97

5 0
4 years ago
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