Question

which ideas or situations are consistent with the concept of free enterprise? check all that apply. consumers overwhelmingly prefer one sandwich shop to another. local officials decide how much gasoline consumers can buy. a hair stylist decides to reduce prices on his services. a worker at a factory decides to take another job for higher pay. a government takes control of a nations restaurant industry. a business owner decides to offer a new product for sale.

Explanation:

• Consumers overwhelmingly prefer one sandwich shop to another: In free enterprise, consumer choice (preference) drives market dynamics, so this is consistent.
• Local officials decide how much gasoline consumers can buy: Government control over consumption is inconsistent with free enterprise (which emphasizes market freedom).
• A hair stylist decides to reduce prices on his services: Business owners setting prices is a key part of free enterprise, so this is consistent.
• A worker at a factory decides to take another job for higher pay: Worker mobility and choice in employment are part of free enterprise, so this is consistent.
• A government takes control of a nation's restaurant industry: Government ownership/control is inconsistent with free enterprise (private ownership and market freedom).
• A business owner decides to offer a new product for sale: Business owners' ability to innovate and offer products is central to free enterprise, so this is consistent.

Answer:

• Consumers overwhelmingly prefer one sandwich shop to another.
• A hair stylist decides to reduce prices on his services.
• A worker at a factory decides to take another job for higher pay.
• A business owner decides to offer a new product for sale.