1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Finger [1]
2 years ago
15

Why is profit motive important to free enterprise?

Social Studies
1 answer:
Gala2k [10]2 years ago
8 0

Answer: A. Business owners and managers make decisions that they believe will  maximize their profits.

Explanation:

Profit motive can be defined as the strategy which helps the business owners and corporations to take appropriate decisions related to profit creation and it prevents the loss by managing the risks associated with the business. For example, if a company makes five different kinds of products but is capable of earning profit on only two then the profit motive view and discussion with support the discard of unprofitable products. As, the unprofitable products are likely to waste the labor cost, time, material used to manufacture the product which will utilize the profit of the profitable products.

You might be interested in
Which approach to studying persuasion assumes that humans only make decisions logically and systematically, similar to the proce
disa [49]

Human decision making is the approach to studying persuasion which assumes that humans only make decisions logically .

<h3>What is Human decision making?</h3>

Human decision making serves as the outcome of a careful evaluation of alternative options as regards the likelihood and the value of outcomes associated with these options.

Therefore, Human decision making is made systematically and is similar to the process of a computer

Learn more about Human decision making at;

brainly.com/question/12550670

5 0
2 years ago
Give two examples of someone being a producer. Explain why the role of a producer is important in an economic system.
torisob [31]

Production

The production is all mutation process governed by man, which seeks to create a product, with the help of production factors that are the resources used to create goods, the main factors of production are: capital, work and the earth. It can also be called production not only to the development of a new product, if not, to evolve or modify an old one, that is to say, giving a new use to an artifact is part of producing some element. The main function of the production is the creation of satisfiers to calm our needs.

1.- The term agricultural producer is a term used as a qualifying adjective to designate a type of economic activity that is based on the production of mainly food from farming and livestock.

2.- Dairy producers: The dairy industry is a sector of the industry whose raw material is milk from animals (usually cows).

8 0
3 years ago
After the battle in the Wilderness, the Union and Confederate armies battled for 11 days first in terrible heat and then in pour
ddd [48]
<span>Spotslyvania Courthouse
</span>

<span>The battle occurred from May 8 to May 21, 1864. There was no clear winner in the battle. Ulysses S. Grant and George G. Meade led the Union and the Confederates were under the command of Robert E. Lee. It is one of the several  bloodiest battle in the civil war.</span>

5 0
3 years ago
Read 2 more answers
Which of the following describes an appellate court?
Helen [10]
Literally just paste each question into www.Bing.com
5 0
3 years ago
Read 2 more answers
What does the democratic process in choosing a government mean?​
andriy [413]

Answer:

Democracy (Greek: δημοκρατία, dēmokratiā, from dēmos 'people' and kratos 'rule') refers to a form of government in which the people either have the authority to choose their governing legislators, or the authority to decide on legislation.

Explanation:

Hope this helps you

8 0
2 years ago
Read 2 more answers
Other questions:
  • ) let's examine the relationship between ci's and hypothesis tests:
    8·1 answer
  • What is a major problem with the original milgram study?
    8·1 answer
  • ________ wrote that "Liberty is to faction what air is to fire." Select one: a. James Madison b. Alexis de Tocqueville c. Thomas
    9·1 answer
  • Bernadette is applying to graduate school and has several items she must turn in with her application, including letters of reco
    8·1 answer
  • When the samples we want to compare pair in some natural way, such as a pretest/posttest for each person or husband/wife pairs,
    6·1 answer
  • Help ignore the choice i accidentally chose
    13·1 answer
  • I suffered more anxiety than most of my fellow-slaves. I had known what it was to be kindly treated; they had known nothing of t
    15·1 answer
  • If Thomas was born in 1950, what is his average life expectancy?
    15·1 answer
  • Which of the following statements demonstrate why it is important to practice maintaining one's attention during the
    6·2 answers
  • ____ incidents are predominantly characterized as a violation of policy rather than an effort to abuse existing systems.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!