World Languages College

In a free-enterprise system, producers decide how much to charge. which services to buy. where to shop for goods. which goods interest them.

Answers

Answer 1

Answer:

A. how much to charge.

Explanation:

A free-enterprise system also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.

Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.

Some of the characteristics of a free-enterprise system are;

Citizens have rights to the ownership and use of private property. The consumers are free to make their economic choices or decisions such as deciding on which product to buy, which goods interest them, where to shop for goods, etc. The producers are free to make their economic choices or decisions such as deciding on how much is to be charged on a product.

Hence, in a free-enterprise system, producers decide how much to charge.

Answer 2

Answer:

A

Explanation:

edg

Related Questions

Other Questions
How many sides does a regular polygon have if each of its interior angles is 140 degrees?- Step by step explanation PLEASE HELP ME ASAP!! ILL GIVE YOU POINTS AND BRAINLIEST IF YOU ANSWER ALL 3 TRUE OR FALSE QUESTIONS CORRECTLY. A) Slope=8 True or False? B) Unit Rate= $8/hour True or False? C) The equation of this relationship is y= 1/8x True or False? If you go to your local library to vote, this public building would be considered your. A sum of money amounts to 9800 after 5 years and 12005 after 8 years at the same rate of simple interest. What will be the rate of interest?[Irrelevant answers will be reported] Gill had less money than Roddy hadAfter Roddy spent 40% of his money,he had $14 less than Gill. How muchmoney did Gill initially have? is -12(-8) negative vaule Grade 7 collection 6 test The regular price of a jacket is $62.00. If the discount rate is 15%, how much was the discount? 10x- (- 4 + 7xanswer if you can :) Draw something grotesque that oozes or is melting.WIll give brainliest if you send me a picture!! Now, it's time to fill in a graphic organizer about the main topic and key details. First, write the main topic, or what the text is mostly about. Then, write in three key details that support the main topic.If you need help with the key details, use information from the earlier questions! Please help!Sin A =Sin C =Cos A =Cos C =Ill give brainliest!! Which American wroteA Farewell to ArmsandThe Sun Also Rises?Ernest A travel agency is advertising a vacation package that includes $250 fora $40a day for hotel. The agency also offers the option of eating breakfast and lunch at the hotel for $10 a day for the length of the hotel stay. The table represents a Linear function, what is the slope of the function? Triangle GHI with vertices G(4, 1), H(5, -4), and I(2, -8) REFLECTED over the line y = x. The First Political Parties, do you agree with Washington that parties would divide America, or do you think that they were bound to form despite his warning? Just do 3 sentences Read the following sentence and answer the question that follows.The ancient Greeks developed the concept of participatory democracy, but they also practiced slavery, denied political rights to women, and __________.Which phrase best completes the sentence above? (5 points)Question 1 options:1) wars of conquest2) waged wars of conquest3) were waging wars of conquest4) were a people who waged wars of conquest I will mark brainliest for the best and first answer .......: which meter instruments can be used for measuring weight