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2 years ago

What are aspects of a free enterprise system?

Business

1 answer:

Ierofanga [76]2 years ago

7 0

Answer:

A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition.

Hope this helps!

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Which of the following describes what is identified by a supply schedule?

Anika [276]

Answer: Which of the following describes what is identified by a supply schedule?

How much suppliers will profit at various prices

How much consumers will save at various supply levels

How much suppliers will raise prices as production varies

How much of a product suppliers will produce at various prices

Explanation: A supply schedule is a table that shows the quantity supplied at each price. A supply curve is a graph that shows the quantity supplied at each price. Sometimes the supply curve is called a supply schedule because it is a graphical representation of the supply schedule.

6 0

1 year ago

Read 2 more answers

Josh has a master’s degree in business administration and supply chain management. What company might be in interested in hiring

sweet [91]

Answer:

Explanation:

he would be better suited for the position going off his degree

4 0

2 years ago

Read 2 more answers

Stock A has an expected return of 17.8 percent, and Stock B has an expected return of 9.6 percent. However, the risk of Stock A

MrRissso [65]

Answer:

13.70%

Explanation:

The expected return of a portfolio is said to be the weighted average of the returns of the individual components,

Given that:

Stock A has an expected return = 17.8%

Stock B has an expected return = 9.6%

the risk of Stock A as measured by its variance is 3 times that of Stock B.

If the two stocks are combined equally in a portfolio;

Then :

The weight of both stocks will be 50% : 50 %

So the portfolio's expected return can be determined as follows:

Expected return for stock A = 50% × 17.8%

Expected return = 0.50 × 17.8%

Expected return = 8.9 %

Expected return for stock B = 50 % × 9.6 %

Expected return for stock B = 0.50 × 9.6%

Expected return for stock B = 4.8%

Expected return of the portfolio = summation of the expected return for both stocks

Expected return of the portfolio = 8.9 % + 4.8%

Expected return of the portfolio = 13.70%

3 0

2 years ago

Cassie has three criteria for her career. She would like to make at least $60,000 a year at the height of her career. She would

slega [8]

Human capital increase throughout a career because related jobs develop skills for a specific field of work. Humans can develop skills and gain knowledge through the field of work and improve these skills, if they have the passion to develop it.

so c

8 0

2 years ago

Six months ago, the price of gasoline was $2.20 per gallon. Now, the price is $2.40 per gallon. In response to this price i

k0ka [10]

Answer:

4.545

Explanation:

Given:

Six months ago, the price of gasoline was $2.20 per gallon.

Now, the price is $2.40 per gallon.

In response to this price increase, the number of gallons of gasoline purchased has declined by 2 percent.

Question asked:

Based on this information, what is the absolute price elasticity of demand for gasoline?

<u>Solution:</u>

As we know:

Price elasticity of demand = $\frac{\% change\ in\ quantity\ demanded}{\% change\ in\ price}$

$\% change\ in\ quantity\ demanded =$ $\frac{new\ value-old \ value}{old\ value} \times100\\$

$=\frac{2.40-2.20}{2.20} \times100\\\\ =\frac{0.2}{2.20} \times100\\ \\ =\frac{20}{2.20} \\ \\ =9.09$

$\% change\ in\ price=2$ ( given)

Price elasticity of demand = $\frac{\% change\ in\ quantity\ demanded}{\% change\ in\ price}$

$=\frac{9.09}{2} \\ \\ =4.545$

Thus, the absolute price elasticity of demand for gasoline is 4.545

4 0

2 years ago