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2 years ago

Why was friedrich von hayek against government intervention in an economy?

Business

2 answers:

slamgirl [31]2 years ago

5 0

I believe the answer is: D. It would improve the economy's situation

friedrich von hayek believe that government intervention would only benefit some part of the organizations in a private sectors while reducing the power of the other organization, which tilt the balance of power in the market.

When this happen, people would be discouraged to be involved in opening up new businesses, which would stunt our economic growth.

Ray Of Light [21]2 years ago

3 0

The answer top the question stated above is letter D. It would improve the economy's situation.

For Friedrich Von Hayek, less government intervention meant more economic freedom. He believed that if people are free to choose, then the economy runs more efficiently.
Thus, it would improve the economy's situation.

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Archer, in Chicago, wrote to Ganze in New York City offering to purchase her antique car. When she received the letter, Ganze ma

olya-2409 [2.1K]

Answer:

No

Explanation:

Remember, in business law, as long as both parties did not sign a contractual document, the purchase is not legal.

In this case, it could be observed that Ganze only "mailed an acceptance" not a signed document between both parties agreeing on the purchase of her antique car.

Also, the fact that she quickly sent a telegram letting Archer know that she is rejecting the offer, shows that she acted in good fate to withdraw her acceptance on time.

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2 years ago

Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9

deff fn [24]

Answer:

The workings are done below;

Explanation:

20Y8 20Y9

a.Accounts Receivable Turnover *11.8 **13.4

(Net Sales/Average Receivables)

*(6,726,000/((600,000+540,000)/2)

**(7,906,000/((580,000+600,000)/2)

b. Days' sales in receivables ***30.9 ****27

(Average Receivables/Net Sales)*365

***(((600,000+540,000)/2)/6,726,000)*365

****(((580,000+600,000)/2)/7,906,000)*365

c. The 20Y9 accounts receivable turnover ratio and days' sales in receivables are better as compared to 20Y8 because it takes 27days in 20Y9 as compared to 30 days in 20Y8.Both ratios of 20Y9 are lower than 20Y8

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2 years ago

Suppose that in Year 1 daily sales at Dave's Deli daily totaled $1,000, and daily sales at Bertha's Burgers totaled $1,500. In Y

kolezko [41]

Answer:

30%

Explanation:

Given that,

In year 1:

Dave's Deli sales = $1,000

Bertha's Burgers sales = $1,500

In year 2:

Dave's Deli sales = $1,300

Bertha's Burgers sales = $1,800

Therefore,

percentage change in sales for Dave:

= [(Change in sales) ÷ sales in year 1] × 100

= [($1,300 - $1,000) ÷ $1,000] × 100

= ($300 ÷ $1,000) × 100

= 0.3 × 100

= 30%

Therefore, the Dave's sales increases by 30%.

4 0

2 years ago

Every year, Johnson Technologies hosts a banquet during which employees are given various awards, such as "safest driver" and "b

Inessa [10]

Answer: Option A

Explanation: In simple words, ethical behavior refers to the behavior which is seen as as morally correct from the perception of the society.

In the given case, Johnson technologies is giving award to their employees based the person skill traits such as safe driving etc. Hence they are awarding their employees for traits that are considered ethical and morally correct in the eyes of law and society.

Thus, from the above we can conclude that the correct option is A.

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2 years ago

Madison Corporation purchases an investment in Lake Geneva, Inc. at a purchase price of $10 million cash, representing 40% of th

tester [92]

Answer:

$ 10512000

Explanation:

The market value of Madison investment which is the aggregate value of the company's investment =$ 12 million

The book value = assets - liabilities = (1700000 - 419000) ×0.4 = $ 51240

The year-end balance = $ 51240 + $ 10 million = $ 10512000 approx

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2 years ago