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lakkis [162]
3 years ago
15

Laissez-faire is an economic: Multiple Choice precept because it is the logical conclusion of a model with widely held assumptio

ns. theorem because it is the logical conclusion of a model with carefully stated relationships among variables. precept because it is based on a model and normative judgments about the relevance of the model to the real world. theorem because it is based on deductive analysis of a model that is based on assumptions.
Business
1 answer:
Westkost [7]3 years ago
3 0

Answer:

Option C (Precept............real world) is the right answer.

Explanation:

Laissez-faire economics seems to be a hypothesis that always constrains government interference.

  • It maintains that perhaps the financial sector was indeed particularly strong since all the current regime was doing was safeguard the freedom of persons.
  • Subsequently, free-market statisticians predicated on the premise of laissez-faire mostly as an approach to sustainable economic success, because while critics disparaged it for helping to promote unfairness.

The other actions taken are not connected to the circumstance in question. That would be the right response to the above.

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A conceptualization the firm as an "activity system" is a means of depicting: A. The extent to which a management is motivated t
tia_tia [17]

Answer:

D. Consistency among a firm’s activities.

Explanation:

Conceptualisation is the process by which an enterpreneur writes out concepts that will later make up the basis of the business model.

These concepts ensures uniformity in the activities of the business.

For example he can decide to break down business activities into 3 departments.

4 0
3 years ago
Riverview Inc. reports the following balances and amounts. The following information is presented in random order. Accounts paya
RSB [31]

Answer:

The earning per share is $1.3 per share

Explanation:

For computing the earning per share, we need to apply the formula of Earning per share which is shown below:

Earning per share = (Net income - Dividends paid to preferred shareholders) ÷ average common shares

= ($36,000 - $10,000) ÷ $20,000 shares

= $1.3 per share

The other items which are mentioned in the question are not relevant. Kindly ignored it.

7 0
3 years ago
Why do current and available balances sometimes show different amounts of money in the same account?.
mamaluj [8]

Answer: The available balance for your account may differ from the current balance because of pending transactions that have been presented against the account, but have not yet been processed.

Explanation:

6 0
2 years ago
Which of the following terms refers to a practice of allowing the addition of new employees and jobs to existing bargaining unit
Serjik [45]

Answer:

d. accretion

Explanation:

Accretion is the process by which new employees are added to a bargaining unit where they have common interest. It involves the gradual growth of business units. For example when unions transfer workers to a new employer.

Accretion occurs without election and is usually an operation of the law.

It helps preserve industrial stability by filling new jobs without going through an adversarial election process.

5 0
3 years ago
With the achievements of the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO), nearly all ba
saw5 [17]

Answer:

The statement is: False.

Explanation:

The General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO) were both created to tear down the barriers of international trade and rule it wherever necessary. The GATT was replaced by the WTO in 1955 to give the WTO a more inclusive approach among the country members of the organization.

However, some countries prioritize their individual benefit imposing tariffs where they consider necessary and that the WTO has not been able to rule yet.

3 0
4 years ago
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