Question

1. a mixed economy combines: *

a) only command systems
b) government and private decisions
c) only market forces
d) traditional customs

1. a business code of ethics exists to: *

a) increase profits only
b) replace contracts
c) avoid taxes
d) provide moral guidelines for behavior

Explanation:

• For the first question, a mixed - economy combines elements of both government intervention and private - sector decision - making. Government can regulate and plan certain aspects while the private sector operates based on market principles.
• For the second question, a business code of ethics is designed to set moral and ethical standards for how employees and the organization as a whole should behave, not for increasing profits, replacing contracts, or avoiding taxes.

Answer:

1. b) Government and private decisions
2. d) Provide moral guidelines for behavior