The private enterprise system assumes that competition benefits consumers
Indicate whether the statement is true or false
TRUE
Explanation: The private enterprise system is based on the assumption that when businesses are free to compete with one another, consumers will benefit. Competition among businesses tends to benefit the consumer since businesses try to increase revenues by offering products that are better and cheaper than those of their competitors.
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You just deposited $2,500 in a bank account that pays a 4.0% nominal interest rate, compounded quarterly. If you also add another $5,000 to the account one year (4 quarters) from now and another $7,500 to the account two years (8 quarters) from now, how much will be in the account three years (12 quarters) from now?
A. $15,234.08 B. $16,035.88 C. $16,837.67 D. $17,679.55 E. $18,563.53
The influence of models depends on how well an individual remembers the model's behavior. This refers to the individual's ________.
A. retention process B. motor reproduction process C. attentional process D. reinforcement process
Which item below is defined as a connection with the organization and passion for the job?
a. Employee engagement b. Organizational culture c. Organizational commitment d. Job satisfaction
Executives of organizations are the only people who read proposals
Indicate whether the statement is true or false