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emmasim [6.3K]
3 years ago
15

Discuss the three characteristics of market economy​

Business
1 answer:
Aneli [31]3 years ago
4 0

Answer:

Key Takeaways

A market economy functions under the laws of supply and demand.

It is characterized by private ownership, freedom of choice, self-interest, optimized buying and selling platforms, competition, and limited government intervention.

Competition drives the market economy as it optimizes efficiency and innovation.

Explanation:

Hope this helps! Have a great day!

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who talked about this clue "it will gain you more knowledge, intensify your soft skills, strong work ethics and grow your networ
DanielleElmas [232]

Answer:

the dalai lama

Explanation:

the emotional intelligenceni guess

7 0
3 years ago
Grand Co. owns one copier that was purchased for $10,000 three years ago. The depreciation expense taken on the copier each year
spin [16.1K]

Answer:

The correct answer is: units-of-production.

Explanation:

In the depreciation method per production units, an annual production quantity is assigned according to the total calculation of potential units that can be produced in the useful life of the good. In order to calculate the total value, the units that were actually produced must be multiplied by the depreciation cost of each unit.

5 0
3 years ago
Give example of technical skills
alekssr [168]

Technical skills are the abilities and knowledge needed to perform specific tasks. They are practical, and often relate to mechanical, information technology, mathematical, or scientific tasks. Some examples include knowledge of programming languages, mechanical equipment, or tools.

3 0
3 years ago
Read 2 more answers
J&J Corporation's year-end 2018 balance sheet lists current assets of $250,000, fixed assets of $800,000, current liabilitie
Ierofanga [76]

Answer:

The answer is B. $555,000

Explanation:

Please note that the student meant $300,000 for non-current liability and not $350,000

Stockholder's equity = total asset - total Liability

Total asset = current asset + fixed asset

= $250,000 + $800,000

= $1,050,000

Total liability = current Liability + non-current liabilities

= $195,000 + $300,000

= $495,000

Therefore, shareholder's equity is

$1,050,000 - $495,000

$555,000

7 0
3 years ago
Each of the four major professional men's team sport leagues in the United States earn at least $1 billion annually through e-co
oee [108]

A huge amount of money is made in sports revenue through e-commerce and the information illustrated about the four teams is true.

Electronic commerce simply means the buying and selling of goods or services through the transmission of funds over the internet.

In the national football league, about $13 billion is generated through electronic commerce. Each of the four major professional men's team sport leagues in the United States earn at least $1 billion annually through e-commerce. These include the Dallas cowboys, New York Yankees, etc.

Read related link on:

brainly.com/question/25811481

5 0
3 years ago
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