Describe the features of the Free-market system

Answers

Answer 1

Answer:People often use the terms free enterprise, free market, or capitalism to describe the economic system of the United States. A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition.

Step-by-step explanation:

Answer 2

Answer:

Feature 1 # Property Rights:

Property rights are social institutions that govern the ownership, use and disposal of resources, goods and services.

Feature 2 # Freedom of Private Enterprise:

Allied to the property rights is freedom of enterprise which is another basic feature of a market economy. Freedom of enterprise means that everybody is free to engage in whatever economic activity he pleases. In other words, he is free to choose to work in any industry he likes or adopts any occupation or trade he desires.

Feature 3 # Profits and Prices: Incentives and Information:

No individuals would work and save if adequate incentives are not provided to them in the form of wages and interest respectively. Similarly, the firms will not produce goods and services and bear risk of losing money if sufficient incentives are not given to them. Profits are earned from undertak­ing the task of producing goods and services and introducing new products and new techniques of production. Profits earned by the firm depend on prices of goods and services produced and cost incurred.

Feature 4 # Competitive Markets:

In ordinary speech the word market means a place where buyers and sellers meet to buy and sell goods. In economics, market has a wider meaning and is interpreted to mean any arrangement that enables buyers and sellers to exchange things; they may contact each other through telephone, fax or direct computer link to negotiate prices of goods they buy and sell. In our above example, rational and self-interested consumers and profit-maximizing firms contact each other through any media and buy and sell things on the negotiated price.


Related Questions

how do i graph the equation y= -4x - 1

Answers

9514 1404 393

Answer:

  see attached

Step-by-step explanation:

Find the y-values corresponding to x-values of 0 and 1, then plot those points and draw a line through them.

For x=0, ...

  y = -4·0 -1 = -1 . . . . the point is (0, -1) . . . the y-intercept

For x=1, ...

  y = -4·1 -1 = -5 . . . . the point is (1, -5)

The attached graph shows these points and the line through them.

Consider solving 푥2+12푥+5=0by completing the square. What number should be added to both sides of the equation? 푥2+12푥+_____=−5+_____a. -36b. 36c. 16d. -16

Answers

Answer:

B. 36

Step-by-step explanation:

The equation in question is not well written. Let the equation be;

x²+12x+5 = 0

In order to know what number should be added to both sides of the equation, we will take the square of the half of coefficient of x as shown;

Coefficient of x = 12

Half of 12 = 1/2(12) = 6

Square of 6 = 6² = 36

Hence the required number to add to both sides of the equation by completing the square method is 36

Factorise
121ײ + 110 +25 y²​

Answers

Answer:

(5y+11)²

Step-by-step explanation:

The given expression is :

25y²+110y+121

We need to factors of the given expression.

We know that, (11)² = 121

5² = 25

We can write the given expression as :

25y²+110y+121 = (5y)² + 2(5y)(11) +11²

Using identity : (a+b)² = a²+2ab+b²

25y²+110y+121 = (5y+11)²

Hence, the factors of 25y²+110y+121 is (5y+11)².

Please help with these questions there due today.

Answers

q5=2 q6=5 q7=12 q8=2

Find the perimeter of the triangle

Answers

Answer:

8 feet

Step-by-step explanation:

hope it helps! :)

Answer:

8 feet

Step-by-step explanation:

When calculating mixed numbers, I like to make all the numbers to improper fractions with the same denominators first before evaluating.

Perimeter of triangle = 2[tex]\frac{3}{8}[/tex] + 2[tex]\frac{3}{8}[/tex] + 3[tex]\frac{1}{4}[/tex]

                                  = [tex]\frac{19}{8}[/tex] + [tex]\frac{19}{8}[/tex] + [tex]\frac{13}{4}[/tex]

                                  = [tex]\frac{19}{8}[/tex] + [tex]\frac{19}{8}[/tex] + [tex]\frac{26}{8}[/tex]

                                  = [tex]\frac{64}{8}[/tex]

                                  = 8 feet

Zane's doctor says that zane should carry a booking that weighs less than 20 pounds. Zane carries his laptop, which weighs five pounds, and some notebooks, Assuming that each notebook weighs three pounds, how many notebooks can he carry in his bag without going over the weight limit?

Answers

Answer:

5 note book

Step-by-step explanation:

laptop - 5 pounds

Notebook - 3 pounds

20-5= 15

15÷3= 5.

He should carry 5 notebooks because 3x4=12+ the 5 pounds=17. If he were to carry a more that would equal 20 but the the question says to carry LESS than 20 pounds

I really need to finish this can somebody help

Answers

I think the answer would be 112.72 grams

Which of the following values for x is true for 4x > 10?
3
O x=
4
O x = 2
O x = 2.5
OX= 3

Answers

Answer: X=3 X=4 I don’t know if this is multiple choice but those two are correct

Caleb rides his horse with a constant speed of 10 miles per hour. How long will he take to travel a distance of 15 miles?

Answers

Answer:

1 hour and 30 minutes

Step-by-step explanation:

Answer:

1 hour and 30 minutes

Step-by-step explanation:

15 is 10+1/210 1/2 is also known as 1515 miles at a constant of 10 miles per hour then equals 1 hour and a half 1 hour and 30 minutes

While back-to-school shopping, you find two pairs of jeans that cost $29 each, three shirts that cost $16 each, and a pair of shoes for $21. What is the total cost of these items, if the store is offering a 30% discount?

Answers

Answer:

$88.9

Step-by-step explanation:

First, you have to calculate the total cost of the items by adding up the results of multiplying the price of each item for its quantity:

Total cost=(29*2)+(16*3)+21

Total cost=58+48+21

Total cost=127

Now, you have to calculate 30% of that total and subtract that amount from the total cost:

127*30%=$38.1

127-38.1=$88.9

According to this, the answer is that the total cost of these items is $88.9 if the store is offering a 30% discount.

If f(x) = x ^ 2 - 2 and g(x)=x-3 what is (f o g)

Answers

Answer:

(fg)(x) x² +7

MARK ME AS BRAINLY

#Carry On Learning

Ocean water freezes at about -2 1/2 so silly fresh water freezes at zero anti-freeze a liquid used in radiators of cars freeze at -64 imagine if the temperature has dropped to the freezing point for ocean water how many degrees more most the temperature Drop for the anti-freeze to turn solid

Answers

Answer:

Temperature needs to drop by 61.5°

Step-by-step explanation:

Given that:

Freezing temperature of ocean water = - 2.5

Freezing temperature of fresh water = 0

Freezing temperature = anti-freeze = - 64

If temperature has dropped to freezing point for ocean water, then current temperature = - 2.5

How many more degrees must the temperature drop for temperature to turn solid :

Freezing temperature of anti-freeze - current temperature

-64 - (-2.5)

-64 + 2.5

-61.5

-61.5(the temperature needs to drop by 61.5°)

can somebody help me??

Answers

Answer: two solutions and

Step-by-step explanation:

..........................................​

Answers

Hey again!

The answer to your question is 4/3

This is because it is larger than one, so it would make it bigger than the original drawing.

Hope it helps and let me know if there's anything else. Have a great day!

Which set of ordered pairs represents y as a function of x?

A. {(2, 5), (3, 1), (4, 1), (4, 7)}


B. {(3, 2), (4, 3), (3, 2), (2, 6)}


C. {(1, 3), (3, 5), (2, 5), (1, 6)}


D. {(6, 7), (4, 6), (-4, 4), (5, 1)}

Answers

Answer:

D

No repeated x values

Answer:
D

Explanation :

help me please !!!!!

Answers

1. Yes because the vertical line intersects the graph in one or less points.
2. No because the inputs repeat (4).

b)
Work out the size of one interior angle.
NEED HELP WITH B
thanks everyone

Answers

Sum of interior angles of a pentagon = 540 degrees

So 540/5 = 108 degrees
A single interior angle of a pentagon is 108 degrees

which numbers for b would make √b irrational​

mark as brilliant!

Answers

Answer:

All of the options when substituted for b will make the root of b irrational

Step-by-step explanation:

Mathematically, surds are roots of non-perfect squares and they are tagged as irrational numbers

For b to be irrational, all of the numbers given would fit. This is because all of these numbers are non-perfect squares meaning they do not have square root.

So what this mean is that these numbers when put under the root umbrella are irrational numbers as they are not perfect squares

. What number replaces ☺ to make the sentence true? 1 + 3 + 4 + 6 + 6 + 8 + 9 + 11 = 4 × ☺.

Answers

Answer:

12

Step-by-step explanation:

1+3+4+6+6+8+9+11=48. Knowing this, we can now figure out the other side of the equation. To make both equations true, both sides must equal 48.

To this, simply divide 48 by 4.

48/4=12

Thus, your answer is 12

Answer: 12

Step-by-step explanation:

1+3+4+6+6+8+9+11 is 48 (you can double check)

48=4*X (calling x as the smiley).

Divide 4 by each side.

12=X

Help me please 9w+4= 2w+32

Answers

Answer:

w=4

Step-by-step explanation:

9w+4=2w+32

-2w     -2w

7w+4=32

     -4   -4

7w=28

w=4

Answer:

w = 4

Step-by-step explanation:

How to solve...

You have your equation 9w + 4 = 2w + 32, now you take 4 and subtract on both sides, so you will subtract it to 4 and 32. You get 28 as your answer. Now leave that alone, next you will take 2w and subtract it on both sides, when you subtract 2w to 9w you will get 7w. Now just do 28 divided by 7, which is 4. So w = 4. Hope this helps!

9w + 4 = 2w + 32

       - 4 =        -   4

--------------------------

     9w = 2w + 28

    -2w = -2w + 28

---------------------------

     7w = 28

     7w = 7w

---------------------------

       w = 4

Trip has 15 coins worth 95 cents.Four of the coins are each worth twice as much as the rest. Construct a math argument to justify the conjecture that Trip has 11 nickels and 4 dimes

Answers

(11*5)+(4*10)=95
11+4=15
Both are equal to the constraints of the word problem and there for justified.

Simplify each expression using the distributive property and/or combining like terms
2x+3y+6+7y

Answers

Answer:

2(x+5y+3)

Step-by-step explanation:

first you collect the like terms 2x+3y+6+7y.

Answer:

2(x+5y+3)

Step-by-step explanation:

i did it

WHAT IS O/O PLS ANSWER

Answers

Answer:

Its 0

Step-by-step explanation:ur not smart if u dont know that

What is one of the values for "X" that satisfy the equation x^2 - 7x - 18 ? A.-9 B. no solutions C.9 D.2​

Answers

Answer:

i think c

Step-by-step explanation:

I think it’s C not sure tho

Which relation is a function?
O {(0, -9), (-2, -3), (-2, 0), (-3, -2)}
O {(0, -9), (-9, -2), (0, -3)}
O {(0, -9), (-9, 0), (-3, -3)}
O {0, -9, -2, -3}

Answers

Answer:

C

Step-by-step explanation:

Here, we want to select the option that present a function

For a set of points to be a function, we have that every single x value is directly mapped to a single y value

As we can see, this is correct only for the third option

There is no repetition of x-values or y-values

Every x value is directly linked to a different y-values

Answer:

C

Step-by-step explanation:

Here, we want to select the option that present a function

For a set of points to be a function, we have that every single x value is directly mapped to a single y value

As we can see, this is correct only for the third option

There is no repetition of x-values or y-values

Every x value is directly linked to a different y-values

6x – 2 = 2х +8
ANSWER QUICKLY PLEASE

Answers

Answer: 2.5

Step-by-step explanation: subtract 2x from both sides and get 4x-2=8 so then add 2 on both sides to get 4x=10 and last step is to divide both sides by 4 which wild get you x=2.5

6x -2x = 8+2
4x = 10
x= 10/4 = 2.5

please help me s+5s=

Answers

Answer:

s+5s=6s

Step-by-step explanation:

not sure if im right but hope this helps

Answer:

6s

Step-by-step explanation:

s+5s = 1s + 5s = 6s

the length of the hypotenus of a certain right triangle is 50 inches and the length of its legs is 40 inches . what is the length in inches of the other leg of the triangle

Answers

Answer:

The length of the other leg of the triangle is 30 inches.

Step-by-step explanation:

Pythagorean: a^2+b^2=c^2

50=hypotenuse

50^2-40^2=missing leg

50^2=2500

40^2=1600

50^2-40^2=900

[tex]\sqrt{900}[/tex]=30

30 is missing leg

The length of the other leg of the triangle is; 30 inches.

What is the right triangle?

A right-angle triangle is a triangle that has a side opposite to the right angle the largest side and is referred to as the hypotenuse. The angle of a right angle is always 90 degrees.

We have been given that the length of the hypotenuse of a certain right triangle is 50 inches and the length of its legs is 40 inches.

Using Pythagorean:

[tex]a^2+b^2=c^2[/tex]

50 = hypotenuse

Let the missing length is x.

x² = 50^2-40^2

x² = 2500 - 1600

x²  = 900

x =30

Hence, the length in inches of the other leg of the triangle is 30.

Learn more about a right angle;

https://brainly.com/question/7116550

#SPJ2

A tree is broken at a height of 35 m from the ground and its top touches the ground at a distance of 12 m from the base of the tree. If the tree is at right angles to the ground, find the original height of the tree.

Answers

Original height of tree = (x+5) m
In triangle ABC x square = 5 square + 12 square
X square = 25+144
X square = 169
X = 13
Thus the original height of the tree was 13+15 = 18m

What is the answer?? Please

Answers

9514 1404 393

Answer:

  not similar

Step-by-step explanation:

"Triangle" DPS cannot exist. Sides DP and DS are not long enough.

__

Side ratios are not the same. In the top triangle, the length ratios are ...

  14 : 16 : 19

In the bottom triangle, the length ratios are ...

  7 : 8 : 19   (such a triangle cannot exist)

Since the ratios are not the same, the triangles are not similar.

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