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Kobotan [32]
3 years ago
13

Unit 1 Quiz Submit 6 A market economy has several benefits, but it also has some drawbacks. What is one negative effect a market

economy can produce? OA. It creates extreme divisions between the wealthy and the poor. OB. It lets many workers choose where they want to be employed. OC. Goods and services are only produced for uses planned by the government D. The lack of competition means that consumers have fewer choices Reset Next​
Business
1 answer:
Lesechka [4]3 years ago
6 0

Answer:

A. It creates extreme divisions between the wealthy and the poor

Explanation:

The market economy is profits driven. The prices of goods and services, including essential goods, are set to generate profits for the producer. Only people with resources are able to acquire these goods.  

The market economy creates social inequities as those with fewer resources will always afford little. Meanwhile, owners of the factors of production continue making profits and growing more wealthy. Economies with a market economy will have people at both extreme ends of wealth; those with a lot and those who barely have any

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She may be entitled to protection under the <u>Business Judgement Rule</u>, which is a doctrine that courts generally defer to the business decisions of company executives when the decisions were in good faith.  

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A firm engaging in efficient​ production, using current​ technology, ________ produce its current level of production with​ ____
insens350 [35]

Answer:

C.

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3 years ago
You recently purchased a stock that is expected to earn 20 percent in a booming economy, 15 percent in a normal economy, and los
ICE Princess25 [194]

Answer:

Expected rate of return on stock is 14.86%

Explanation:

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rE = pA * rA  +  pB * rB  +  ...  + pN * rN

Where,

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8 0
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On September 30, Franz Corporation notices a decline in value of its investment in held-to-maturity bonds that it believes to be
never [62]

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Dr Loss on Impairment $15,520.00

Cr Maturity Debt Securities $15,520.00

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Preparation of the journal entry to record the impairment.

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Cr Maturity Debt Securities $15,520.00

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NemiM [27]

Answer:  seed capital    

                       

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