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natima [27]
2 years ago
13

Competition is to be expected in capitalist economies. True False

Business
1 answer:
kow [346]2 years ago
8 0

Answer:

True

Explanation:

Capitalism works because it encourages competition

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If you fail to provide proof of insurance, your drivers license and license plates will be suspended for up to ______
kupik [55]
It will suspended up to 5 to 10 or years.
3 0
3 years ago
Suppose that the USA can make 15,000,000 cars or 20,000,000 bottles of wine with one year's worth of labor. France can make 10,0
Artemon [7]

Answer: The answer is as follows:

Explanation:

From these numbers, we can conclude that USA has a comparative in producing cars and France has a comparative advantage in producing bottles.

Opportunity cost shows that how many units of one good have to be foregone in order to produce one additional unit of other good.

In USA:

Opportunity cost of producing bottles = \frac{15000000}{20000000}

= 0.75

Opportunity cost of producing cars = \frac{20000000}{15000000}

= 1.33

In France:

Opportunity cost of producing bottles = \frac{10000000}{18000000}

= 0.55

Opportunity cost of producing cars = \frac{18000000}{10000000}

= 1.8

Above calculations clearly shows that USA has a lower opportunity in producing 1 unit of car as compared to the France, so it has a comparative advantage in producing cars.

Whereas, France has a lower opportunity in producing 1 unit of bottle as compared to the USA, so it has a comparative advantage in producing Bottles.

5 0
3 years ago
How can you avoid spending more than what is in your
zimovet [89]

Answer:

keep your own records to compare with your financial institutions records

4 0
3 years ago
__ is NOT considered a high risk investment.
hram777 [196]
B or D I believe I remember the question but it’s one of those 2
3 0
2 years ago
The sarbanes-oxley act created the _____ to oversee the accounting firms that audit public corporations and to establish rules a
krek1111 [17]
The answer would be the option A.

Hope this helps !

Photon
5 0
3 years ago
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