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g100num [7]
2 years ago
7

What role do businesses play in a free enterprise system?

Business
1 answer:
fenix001 [56]2 years ago
3 0

Answer:

C. They produce most available goods and services.

Explanation:

In A free market economy, the production of goods and services is done by the private sector. The government's participation in economic activities is limited. The private sector owns and controls the majority of the factors of production.  The private sector owns factories, manufacturing, and other businesses in the economy.

In the free market economy, profits are the primary motivating factors to engage in business. The private sector produces goods and services that will generate profits for the businesses.

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A stadium sold 4000 tickets at 75$/ticket, 5350 tickets at 62$/ticket and, 7542 tickets at 49$/ticket. What was the total ticket
bixtya [17]

Answer:

4000x70=280000

5350x62=331700

7542x49=369558

add that all up to get $981258

Hope this helps!

6 0
3 years ago
A recent social media promotion gathered headlines for humanizing what landmark building in new york city?.
Over [174]

A recent social media promotion gathered headlines for humanizing a landmark building in new York city made in C NN news.

<h3>What is landmark?</h3>

This is known to be a thing such as  building, a large tree, or a statue. It is one that can easily be seen and that can help a person find the way to a place near it.

It is also known to be a building that has historical importance. There was a recent social media promotion gathered headlines for humanizing a landmark building in new York city.

learn more about Landmark from

brainly.com/question/24416657

8 0
2 years ago
In a spreadsheet, there are many features that help you edit quickly.<br> O True<br> O False
Lapatulllka [165]

Answer:True

Explanation:There are many form a quick editing hoped this helped ;) ... In a spreadsheet, there are many features that help you edit quickly.

5 0
3 years ago
Read 2 more answers
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount S present at time t
liubo4ka [24]

Answer:

a) - r=5%: S=$ 5,136.10

- r=4%: S=$ 4,885.61

- r=3%: S=$ 4,647.34

b) - r=5%: t=14 years

- r=4%: t=17 years  [/tex]

- r=3%: t=23 years  [/tex]

c) The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

Explanation:

The rate of accumulation of money is

dS/dt=rS

To calculate the amount of money accumulted in a period, we have to rearrange and integrate:

\int dS/S=\int rdt=r \int dt\\\\ln(S)=C*r*t\\\\S=C*e^{rt}

When t=0, S=S₀ (the initial capital).

S=S_0=Ce^{r*0}=Ce^0=C\\\\C=S_0

Now we have the equation for the capital in function of time:

S=S_0e^{rt}

a) For an initial capital of $4000 and for a period of five years, the amount of capital accumulated for this interest rates is:

- r=5%: S=4000e^{0.05*5}=4000*e^{0.25}= 5,136.10

- r=4%: S=4000e^{0.04*5}=4000*e^{0.20}=  4,885.61

- r=3%: S=4000e^{0.03*5}=4000*e^{0.15}=   4,647.34

b) We can express this as

S=S_0e^{rt}\\\\2S_0=S_0e^{rt}\\\\2=e^{rt}\\\\ln(2)=rt\\\\t=ln(2)/r

- r=5%: t=ln(2)/0.05=14

- r=4%: t=ln(2)/0.04=17

- r=3%: t=ln(2)/0.03=  23

c) When the interest is compuonded quarterly, the anual period is divided by 4. In 5 years, there are 4*5=20 periods of capitalization. The annual rate r=0.0525 to calculate the interest is also divided by 4:

S = 4000 (1+(1/4)(0.0525))^{5*4}=4000(1.013125)^{20}\\\\S=4000*1.297958= 5,191.83

If compuonded continously, we have:

S=S_0e^{rt}=4000*e^{0.0525*5}=4000*1.3= 5,200.71

The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

5 0
3 years ago
How is elasticity related to the revenue from a sales tax?
diamong [38]

Answer:

The correct answer is (d)

Explanation:

Elasticity means a change in price will change the supply or demand more than the price change. If the demand is inelastic, then the increase in price will increase the tax revenues because the demand will not change much compared to the price change. Likewise, this phenomenon is the same in the case of supply; the increase in taxes will decrease the overall quantity supplied, which will decrease the overall tax collection or tax revenue.

8 0
2 years ago
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