How do self interest and competition affect the free market

When brainstorming with others to solve problems, one advantage is being able to allow for only the best ideas. allow others to do most of the work. get input from others in the group. get a long list of possible solutions.

The part of the twist drill that is held in an electric drill chuck is the

National manufacturer of ball bearings is experimenting with two different processes for producing precision ball bearings. it is important that the diameters be as close as possible to an industry standard.

The following items are taken from the financial statements of the Bonita Service for the year ending December 31, 2018: Accounts payable $ 17700 Accounts receivable 10700 Accumulated depreciation - equipment 28000 Advertising expense 21300 Cash

The main challenge of career planning in changing times is that

Which of the following are consistent with the efficient markets hypothesis? Check all that apply. You should spend several hours a day studying the business section of your local newspaper to determine which stocks to add to your investment

How are resources allocated in a traditional economy?

Which of these statements about the world economic system is true? everyone in core countries benefits from the world system. low-wage sweat shops are found in all countries. no one in peripheral countries benefit from the world system.

If households pay $1,000 in interest payments and receive $1,200 in interest, wages equal $8,000, rental receipts on land are $200, total business profits before taxes are $2,200, depreciation is$1,750, and indirect business taxes are $1,000, then

Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?