Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 04, 2024

An economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and

An economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market" describes which of the following? Group of answer choices Barter economy Capitalism Fureai Kippu Gift economy None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Concepts of Database Management

Authors: Philip J. Pratt, Mary Z. Last

8th edition

1285427106, 978-1285427102

Students also viewed these Economics questions

Question

★★★★★

Steve Goodman, production foreman for the Florida Gold Fruit Company, estimates that the average sale of oranges is 4,700 and the standard deviation is 500 oranges. Sales follow a normal...

Answered: 1 week ago

Question

★★★★★

Where is the position?

Answered: 1 week ago

Question

★★★★★

Potato skins are generated as a by-product in making potato chips and frozen hash browns at Zeena Foods. The skins are sold to restaurants for use in appetizers. Processing and disposal costs...

Answered: 1 week ago

Question

★★★★★

Esfandairi Enterprises is considering a new three - year expansion project that requires an initial fixed asset investment of $ 2 , 1 8 0 , 0 0 0 . The fixed asset falls into the three - year MACRS...

Answered: 1 week ago

Question

★★★★★

5 Perform the indicated composition f x x g x x Find g f x and state the domain Then evaluate g fC

Answered: 1 week ago

Question

★★★★★

You've been hired as an organizational behavior consultant. An organization is grappling with an environment that has n ineffective culture. Growth is stagnant or declining. People are leaving their...

Answered: 1 week ago

Question

★★★★★

a. Government declares a compulsory festival bonus of 10000/- to all workers working in the country. Explain the likely impact on the demand for refrigerators in the country?

Answered: 1 week ago

Question

★★★★★

Imagining that you are a human resources manager, write a email to all those who report to you informing them that late arrivals, long lunches, and overly casual workplace clothes and behavior will...

Answered: 1 week ago

Question

★★★★★

1.Charles earns an annual salary of $72,100 paid biweekly based on a regular workweek of 36.25 hours. His company generously pays all overtime at twice his regular wage. If Charles worked 85.5 hours...

Answered: 1 week ago

Question

★★★★★

16. [1] Suppose a system has only one bottleneck and it requires setup time between batches. To increase the effective capacity of the system you could: (a) increase the batch size. (b) decrease the...

Answered: 1 week ago

Previous Question Next Question