Question

what is mixed income?? dont tell me from google.

Answer 1

This is the balance of the operating account for sole proprietorships. It contains two indissociable elements: remuneration for the work performed by the owner and, where applicable, the members of his family, and his profit as an entrepreneur.

Answer 2

market system is known as capitalist system that exist in developed countries like Japan USA China extra the resource are allotted with the sole purpose of themaximum profitthe government does not interfere with the functioning of the market mechanism the competition plays a virtual role in the market system the need of the maximize profit makes the research and the development activities necessary Thursday market system courage is the scientific and the Research Development of the production Technologies
in the present era of globalisation free market system has spread all over the world the
main features of the market system-
private ownership and the control means the productionproduction is undertaken for the maximization profit individual has the economic freedom right to private property and the consumer have freedom to choice there are the many activities done in market system allocation of the resources is guided by the profit motive economic development is guided by the market mechanism for the development and the supply


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