That statement is false.
It is true that United States adopt a free market system which allow organisations to fully compete and determine the outcome of supply and demand.
That is being said, Business law and Government regulations are still considered to be an important aspects in businesses because it creates a standard rule for fair competition.
Answer:
...make up for the sins of the church
Explanation:
Saint Catherine of Siena practiced extreme fasting in an effort to...make up for the sins of the church.
Hope this helps!! Have a great day UwU
The knowledge of cost behavior is important for managerial decision making as, having a thorough knowledge about this enables the manager to predict whether any costs will decrease or increase as business activity changes.
For instance, if a production line is nearing capacity, the relevant cost behavior would be to expect a large cost increase (to pay for an equipment expansion) if incremental demand increased by a small amount. Understanding cost behavior is an essential component of cost-volume-profit analysis.
Learn more about Cost Behavior here
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discovered how to control the yellow river
