0
An economic system where all business is controlled by people who share equally in the profits is called?
Libertarian Socialism is the economic system based on equal collective ownership of property. It includes Social anarchism and libertarian Marxism.
What else can I help you with?
An economic system where all businesses is controlled by people who share equally in the profits is called?
Capitalism
What is an economic system in which business leaders use profits to expand their companies?
Industrial Capitalism
What is economic constraints?
an economic constraint is something that will affect a business for example, customers have stopped spending their disposable income on luxuries because of a recession, so a business will lose sales and profits
How do you calculate economic profits?
Profits = revenues - expenses
What is a simple definition of economic recession?
i dont know. i think its 3 months of bad profits and sales within business
An economic system where all businesses is controlled by people who share equally in the profits is called?
Capitalism
What is the scope of business markets?
economic activities performed for earning profits are termed as business
What is an economic system in which business leaders use profits to expand their companies?
Industrial Capitalism
What is economic constraints?
an economic constraint is something that will affect a business for example, customers have stopped spending their disposable income on luxuries because of a recession, so a business will lose sales and profits
How do you calculate economic profits?
Profits = revenues - expenses
What is a simple definition of economic recession?
i dont know. i think its 3 months of bad profits and sales within business
Economic profits in an industry suggest the industry?
economic profits in a industry suggest the industry
Which is the best example of a laissez-faire economic policy that helps business make profits?
limiting regulations on the steel industry-novanet!!
Accounting profits are typically?
greater then economic profits,as accounting profits do not include implicit costs
What is a reasonable profit margin?
what is the difference between reasonable profits and economic profits
What are minuscule profits?
Minuscule profits refer to very small or negligible amounts of profit that a business or individual earns from their operations or investments. These profits are often not significant enough to cover expenses or justify the effort and resources spent. They can occur in highly competitive markets or during periods of economic downturn, where margins are tight. In essence, minuscule profits indicate limited financial gain and may prompt a reevaluation of business strategies.
What is the economic function of profits and losses?
The economic function of profits and losses is to determine the performance of a company. This is what will contribute to the overall measure of the economy in a region.
