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LekaFEV [45]
2 years ago
8

Why do businesses compete in free enterprise system?

Business
1 answer:
Bingel [31]2 years ago
3 0

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an <em>efficent manner. </em>

<em>However, competition in the free enterprise systmem leads to lower wages and income.</em> It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

<u>if you liked my answer please mark me as brainliest !! thanks <3 !!</u>

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Congress must vote whether to increase the government budget so as not to shut down the government this year The vote passed and
lubasha [3.4K]

Answer:

The answer is C. macroeconomic fiscal policy

Explanation:

Though both monetary policy and fiscal policy are used to control economic activities of a nation over time i.e they both can be used to accelerate growth when an economy begins to decline and to moderate growth when an economy starts to overheat.

Monetary policy is mainly used by Central bank of every nation. The central bank are responsible for its operation. These policy influences the quantity of money in the economy.

While fiscal policy involves the use of government spending and government revenue (e.g tax revenue) to affects economy e.g government can raise spending or lower tax when the economy activity is slowing down and decrease spending or increase tax when an economy is in peak or boom period.

Every year government proposes budget which contains its spending and revenue.

6 0
3 years ago
Assume a contract exists between Mr. Jones, a college professor, and his student, Mr. Smith. Jones provides a syllabus, instruct
Dmitrij [34]

Answer:

evidence that the negligent act is the proximate cause of the loss.

Explanation:

According to my research on different contract requirements, I can say that based on the information provided within the question the element that is absent is the evidence that the negligent act is the proximate cause of the loss. This is because there is no proof within the statement that indicates that "Smith Failing the class" is because Jones did not fulfill his part of the contract.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
You sell T-shirts at your school’s football games. Each shirt costs $5 to make and sells for $10. In the season you sell 100 shi
Annette [7]

Answer: $500

Explanation:

Accounting profit = Revenue - Cost

Revenue = 100 ×$10 = $1,000

Cost: 100 × $5 = $500

Accounting profit = $1000 - $500 = $500

5 0
3 years ago
I WILL ALWAYS MARK THE FIRST ANSWER THE BRAINLIEST
katrin [286]

Answer:

D. Food Preparation Sink

Explanation:

You are correct! Must wash hands always at the PROPER place, when handling food.

5 0
3 years ago
Read 2 more answers
Brickhouse is expected to pay a dividend of $2.85 and $2.34 over the next two years, respectively. After that, the company is ex
irina1246 [14]

Answer:

The stock price is $31.14

Explanation:

The value of Brickhouse stock today is the present values of future cash flows from the stock discounted using the required rate of return of 10.7% as the discount  rate as done below:

Years               cash flows  discount factor                        Present values

1                            $2.85     1/(1+10.7%)^1=0.903342367        $2.57

2                            $2.34    1/(1+10.7%)^2=0.816027432         $1.91

3 & beyond          *$32.67  1/(1+10.7%)^2=0.816027432         $ 26.66  

                                                             total present values= $31.14

* the year 3 and beyond represents the terminal value of the stock,which is computed using the formula below

=D2*(1+g)/r-g

D2 is the year dividend of $2.34

g is the dividend growth rate of 3.3%

r is the required rate of return which 10.7%

terminal value=$2.34*(1+3.3%)/(10.7%-3.3%)

                        =2.41722 /0.074 =$32.67  

6 0
3 years ago
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