______ Is an Economic System in Which Private Property Is

question 81

Multiple Choice

______ is an economic system in which private property is eliminated.

• A) socialism
• B) capitalism
• C) monopoly
• D) communism

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Definitions:

Nearest Whole Number

A round-off method where decimal values are rounded to the closest integer.

Net Operating Income

A financial metric that calculates a company's profit after subtracting operating expenses, excluding taxes and interest payments.

Traceable Fixed Expense

Fixed costs that can be directly associated with a specific product, department, or segment of a business, facilitating more accurate financial analysis.

Net Operating Income

The profit generated from a company's core business operations, excluding expenses and revenues not directly related to its main activities.