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uysha [10]
3 years ago
5

What are aspects of a free enterprise system?

Business
1 answer:
Ierofanga [76]3 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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A parent or guardian taking care of a child by providing food, shelter and clothing is showing
kogti [31]

Answer:

Responsibility

Explanation:

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3 years ago
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The functional distribution of income shows the distribution of income among​ ______ and the personal distribution of income sho
lutik1710 [3]
<span>The functional distribution of income shows the distribution of income among factors of production and the personal distribution of income shows the distribution of income amonghouseholds. The function distribution is attributed to the company performance, so it does look in to resources and the all levels of staff where as the personal distribution is associated with a single individual who is concerning towards his household.</span>
5 0
4 years ago
Hirons Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. T
Tatiana [17]

Answer:

$ 10,867 F

Explanation:

Actual results$305,100

Flexible budget [$56,840+ ($2,874× 89) + ($13 ×257)]

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Spending variance $ 10,867

($305,100-$315,967)

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8 0
3 years ago
Banks work to earn a profit by selling financial services Group of answer choices True or false?
insens350 [35]

Answer:

True

Explanation:

Financial services are the activities rendered by any financial institution such as the banks to their customers. Most of the services are done at a fee that makes the main source of revenue for banks. The revenue is spent to pay the overall expenses of the bank. If the expenses are lower than the revenue, a bank makes profit. If expenses exceed revenue, a bank makes loss which is not mostly the case. Therefore, it is true to say that banks work to earn a profit by selling financial services.

5 0
4 years ago
A drawback of buying a franchise is there is more opportunity for creativity, resulting in the owner spending too much time in t
abruzzese [7]

Answer:

If the national chain suffers, so does the franchisee

Explanation:

Franchises share common problems struggle for one can lead to struggle for all.

4 0
3 years ago
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