Business 101 - Assignment Questions Research Paper

origin ci - Assignment Questions - Research Paper ExampleIn the capitalism context, making profits is the key pauperism of operation. Under capitalism, resources are privately owned, and so are the implications of the underlying activities (Rae & Hill, 2010). To the pedigreees, these rights and freedoms come at price. Capitalism makes business owners accountable to the society and to the market economy in which they conduct their business. Pollution, taxation, and social responsibility are die key aspects that make business owners hate capitalism. Most importantly, capitalism encompasses business competition, a critical means that determines the success or failure of a business.Demand line shows the quantity of a crossway that would be bought at a given price level. In this respect, changes in market demand will actuate quantity of a product demanded in that market. Desirable products correspond to high quantities of demand, and vice versa (McEachern, 2012). on the very(pre nominal) note, changes in price affect the quantity demanded of a product. The same principle applies as far as paper and related products are concerned.A demand line shift to the left for paper follows the above-discussed principle. This motion represents a scenario where paper would become a less desirable product. The less desirable a product becomes, the lower the quantity demanded and subsequently bought of that product. The demand line, therefore, would shift to the left to represent a decline in the quantity demanded of paper at a given price level. A left shift in demand line, therefore, is negative. It is attributed to reduced paper demand and a subsequent decline in the price level.Business entities are required to comply with relevant rules, regulations, or laws. In particular, taxation is a fundamental cause in the economic setting. Federal taxes apply to incorporated business entities, which are treated as separate taxable business entities. In other words,