Business, 23.04.2020 20:59 AbhiramAkella

Is free competition and free market the same thing?

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Free Market: An economic system in which prices are determined by unrestricted competition between privately owned businesses. ... If you take that view, then a free market implies perfect competition since no market power means zero elasticities. However, most definitions of a free market do not rule our market power.

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Answer from: jakepeavy70

A free market system is an economic system based solely on demand and supply, and there is little or no government regulation. ... Because a free market system is based solely on supply and demand, it leads to free competition in the economy, without any intervention from outside forces

Explanation:

A free market framework is an financial system based exclusively on request and supply, and there's small or no government control. ... Since a free market framework is based exclusively on supply and request, it leads to free competition within the economy, without any intervention from exterior powers.

Answer from: Quest

bd = 9 cm

step-by-step explanation:

in a 30°-60°-90° triangle, the ratio of side lengths is 1 : √3 : 2. that is, the longest side (hypotenuse) is twice the length of the shortest side.

all of the triangles in your geometry are 30°-60°-90° triangles. ac is the hypotenuse of δacd, and the short side of δabc.

the short side ad of δacd will be half the length of ac, so 3 cm. the hypotenuse ab of δabc will be twice the length of ac, so 12 cm. segment bd is the difference of the lengths ab and ad, so is

bd = ab -ad

bd = 12 cm - 3 cm = 9 cm

comment on side length ratios

you can figure the ratios of side lengths in a 30°-60°-90° triangle by considering the trig ratios of the angles. or you can figure the length of the altitude of an equilateral triangle of side length 2 using the pythagorean theorem.

Answer from: Quest

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

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