Answer:
Private individuals.
Explanation:
In a free enterprise system, the decisions about what and how many goods and services will be produced are made by private individuals.
Free enterprise system is an economic system in which the ownership and control of means of production (resources) and distribution of goods and services are determined by private individuals. Here, private individuals decide what, how and for whom to produce while the government does not interfere in economic activities. The allocation of resources and price determination are influenced by the forces of demand and supply called price mechanism, which Adam Smith referred to as 'Invisible Hand'.
Free enterprise system is also known as Capitalist economy, Capitalism and Free market system. Countries that practice more of free enterprise system are Singapore, New Zealand, Hong Kong, Australia and Switzerland.
Dictionary: Often a book listing the spellings and Definitions of words.
Answer:
a. $120
b. 5,000 units
c. 7,000 units
Explanation:
Hi, your question is incomplete, I found the full question online and uploaded text and image below.
Workings and explanations :
Contribution margin per unit = Sales - Variable Cots
= $200 - $80
= $120
Break even (units) = Fixed Costs ÷ Contribution margin per unit
= $600,000 ÷ $120
= 5,000 units
Unit Sales to achieve a target profit = (Targeted Profit + Fixed Costs) ÷ Contribution margin per unit
= ($240,000 + $600,000) ÷ $120
= 7,000 units
Margin of Safety = Expected sales - Break even Sales
Note : There is no much details about the current sales level
<u>FULL DETAILS OF THE QUESTION IS AS FOLLOWS :</u>
<em>Information concerning a product produced by Ender Company appears here: Sales price per unit $ 200 Variable cost per unit $ 80 Total annual fixed manufacturing and operating costs $ 600,000</em>
Answer:
Explained below.
Explanation:
Monetary policy is the realm of a nation’s primary bank. The Federal Reserve System (commonly termed as Fed) within the US furthermore in the Bank of UK are a couple of the most comprehensive such “banks” within the world. Although there are remarkable variations within them, the fundamentals of their performances are essentially indistinguishable and are beneficial for highlighting the several dimensions that can legislate monetary policy.
The Fed uses 3 central instruments in monitoring capital accumulation the discount rate, open-market operations, as well as reserve obligations. The prime is by far the most prominent. By purchasing either marketing government protection (habitually bonds), the Fed or a central bank influences the financier's supply including interest valuations.
Almost two-thirds of people in labor force do not have a college degree
