A command economy is like a tree, and socialism and communism are its two distinct branches. Socialism or communism are two examples of command economies. In all three, the government controls the enterprises, resources, and overall national economy.
While free-market economies have historically been tied to capitalism and democratic countries, command economies have generally been associated with socialist and communist countries.
Actually, an economy cannot be fully managed by either a government or a free market. A socialist political and economic system is one in which the state or the government has control over property ownership and the means of production, generally speaking.
Socialism, that has predicated on the notion that more egalitarian society results from collective or public ownership of resources and manufacturing equipment. In a socialist economic system, the government either entirely or partially regulates the production of commodities and services. The new economic system is referred to as a planned economy and this is known as central planning.
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how can exchange rates change to reduce the wage differential between countries
Answer:
The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.
Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.
Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.
Why do corporations, companies, and government agencies use formal application forms?
Answer:
due to the amount of employment requests , they need a uniform document to organize records and identify candidates' skills
Explanation:
Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.
Answer:
economic rent of $65,000
Explanation:
Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum
Economic rent = $150,000 - $85,000 = $65,000
Accounting profit= total revenue - explicit cost
Total revenue =price x quantity sold
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Without the regulation, economic profit would be driven to zero.
The Two types of wills are:
- formal and holographic
- legal and fake
- formal and casual
- none of the above
A assessment may alter the content of a sales pitch.
True
False
Read the scenario below and then answer the question. Sample scenario: Scientists have created a new grass seed that stops grass growth at a specific length, eliminating the need to mow the lawn. The price of this seed is high, but many consumers still want to use it. As a result, several different producers supply a large amount of this seed to consumers. In order to attract consumers to their product, some producers lower their prices and supply fewer bags of seeds. What is the best description of the grass seed that is described in this scenario
Answer: a good with an elastic supply
Explanation:
Price elasticity of supply simply refers to how the changes in market price of a good bring about a responsiveness to the supply of such good.
Based on the information given, the best description of the grass seed that is described in this scenario is that it's a good that has an elastic supply. This is because the price of the good in thus case, is sensitive to the changes in the price.
Answer:
It's a good with an elastic supply
Explanation:
edge 2021
Budgeting for needs
Select the items that are needs from your credit card statement
Last Month
Groceries $200
Movie rentals $15
Concert Tickets $120
Internet Services $60
Fitness Class $35
Go-Kart racing $50
I've tried so many combinations and none of them work. I assume groceries is 100% one of the options. Can't seem to find the others.
Answer:
groceries
Explanation:
Often, an objection is simply a request for
A. a discount
B. a different salesperson
C. more time
D. more information
Answer:
C. and D.
Explanation:
An Objection is when a certain something strongly disagrees with a reasoning But that reasoning can be very challanging to be dealt with. an expression or feeling of disapproval or opposition; a reason for disagreeing.
You can buy a computer with your credit card and pay for it over the course of one year. With an interest rate of 16 percent, you would need to pay $181.46 for 12 months to pay off the charge. You can rent the computer for 12 months for $200 per month and, at the end of the rent period, buy it for $300. How much will you save by purchasing the computer with your credit card instead of using the rent-to-own plan?
Answer:
you can save $522.48 by purchasing the computer with the credit card
Explanation:
total money paid to the credit card company = $181.46 x 12 = $2,177.52
total money paid for renting the computer = $200 x 12 = $2,400, plus the final payment = $2,400 + $300 = $2,700
money saved by using the credit card = $2,700 - $2,177.52 = $522.48
a A rocket shoots up 123 meter
i. What is its initial velocity -
Answer:
Initial Velocity= 49 m/s
Time period= 5 secs
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
A rocket shoots up 123 meters. What is it initial velocity?How long is it ascending
The initial velocity can be calculated using the expression below
u= √( 2gh)
Where g= Acceleration due to gravity= 98 m/s^2
h= height
Substitute the values we have
u = √(2*9.8*123)
u=√( 2410.8)
u = 49 m/s
the time period can be calculated as
(49/9.8)
= 5 sec
Hence time period is 5 secs
Which of the following is a true statement?
1) FAS Market Development and Export Assistance partners with over 100 cooperator groups
2) FTC stands for Federal Trade Commission
3) FAS stands for Federal Agricultural Sector
4) Imports are goods produced in one country then shipped to another country
Answer:
2) FTC stands for Federal Trade Commission
Explanation:
The true statement is that, FTC stands for Federal Trade Commission.
The Federal Trade Commission (FTC) is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.
Basically, the laws formulated or established by the FTC are to provide protection for consumers of various goods and services while requiring that businesses do not make false claims about them. Also, the Federal Trade Commission (FTC) is responsible for competition regulations among manufacturers of goods and services provided for the consumers.
Help me please... help
Answer:
A
Explanation:
by having lower prices there may be a chance of selling more and therefore gathering more money. if that makes any sense ?
Determine the effect on country demoffrage's GDP for a tourist spends on a seafood dinner at a resturant
Answer:
GDP will increase
Explanation:
Gross domestic products is the total monetary value of all goods and services produced in the country. When a tourist spends on a seafood restaurant then the services produced in the country are sold and value is generated for the country. The Gross domestic product of country rises,
Emily and Steffi work at Education Yours, a nonprofit educational institution. Steffi, newly hired on a temporary teaching assignment, was asked last month by her supervisor to teach an online course. Being new to online teaching, Steffi is considering her efficacy. She talks to Emily and other individuals who have been teaching online for several years. Emily takes pride in her teaching and always approaches her teaching with total enthusiasm. Emily tells Steffi that she believes exerting a high level of effort will result in a successful performance in her online teaching. Which of the following best describes Emily's belief about exerting a high level of effort?
A. Equity
B. Instrumentality
C. Expectancy
D. Emotional cues
E. Valence
Answer: expectancy
Explanation:
The option that describes Emily's belief about exerting a high level of effort is "expectancy".
Expectancy theory, simply suggests that the behavior of people are motivated as a result of the results that they expect.
Therefore, Emily's belief that a high level of effort will result in a successful performance in her online teaching shows that she's motivated based in what she wants to achieve which is what the expectancy theory entails.
A loan made to the government that pays a fixed amount of interest at a
certain time is a
A. savings account
B. bond
C. stock
D. hedge fund
Answer:
B. Bond
Explanation:
Did the test.
When a loan made to the government which provides a fixed amount of interest at the end of the period, then that is treated as a bond.
Option B is correct.
What is an interest?An interest is a kind of charge being levied on the borrowed funds till its maturity. It can be based on monthly, yearly or quarterly depending upon the lender.
A type of financial security that is being tradeable in the stock market is called a bond. It can be issued by the companies or even sometimes the government in the monetary market. The investors who acquire the bonds for certain period of time, usually five years, then those investors are called as bond investors or bondholders.When the term of bond ends, that is, the maturity period, then the bond investor gets the principal amounts along with interest. There are various categories of bonds issued with varying maturities and features.Therefore, the description written in option B is correct.
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2. The owner of a franchise benefits from brand name recognition, access to professional
and nationwide advertising.
Answer:
True
Explanation:
It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.
This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.
Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.
Pete would like to respond only to users within his organization with an automatic reply. He is configuring the automatic response. Which option should he select?
answer b
Answer: B: Inside my organization tab
Explanation: edge 2021 unit review
How do businesses compete for customers?
Answer:
marketing team and review resources
Question 11 of 40
Which of these is most likely to threatened a company's financial security?
A. shoplifting
B. social security numbers
C. infringement
D. embezzlement
SUBMIT
Answer: I’m pretty sure it’s D. embezzlement.
Explanation:
Embezzlement is described as theft or misappropriation of funds placed in one's trust or belonging to one's employer. Not sure though!
Tom is the aerobics coordinator at a fitness center. He needs a more efficient way for his instructors to share information. Class schedules are updated on a regular basis. Instructors need to indicate when they cannot teach a class and other instructors need to be able to sign up to cover the class. Instructors also often attend training classes and learn new procedures. Having a place to share their learning and update procedures will benefit them and their clients. Cindy is taking a business class and told Tom about a great tool that will serve their needs. What was the technology tool Cindy told Tom about
Answer:
wikis technological tool
Explanation:
As regards to the case above, the technology tool Cindy told Tom about is wikis technological tool . A wiki can be regarded as collaborative tool that provides students with enablement to make contribution and to perform modifications on one or more than one pages of course related materials. This tool is collaborative in nature, as a result of this, it facilitate community-building within a course. a wiki can be regarded as a web page and a collaborative software that has an open-editing system. It was set up to
the lexicon by Ward Cunningham who was a programmer
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $400,000 and current break-even units are 4,000. If Forrester purchases this new equipment, the revised break-even point in units would:
Answer:
"Decrease by 250" is the appropriate response.
Explanation:
The given values are:
Revised fixed cost,
= $150,000
Current selling price,
= $100
Current variable cost,
= $60
Current contribution will be:
= [tex]Current \ selling \ price-Current \ variable \ cost[/tex]
= [tex]100-60[/tex]
= [tex]40[/tex]
Now,
The revised BEP will be:
= [tex]\frac{Revised \ fixed \ cost}{Revised \ contribution}[/tex]
On substituting the values, we get
= [tex]\frac{150,000}{40}[/tex]
= [tex]3750 \ units[/tex]
hence,
= [tex]4000-3750[/tex]
= [tex]250[/tex]
Thus the above is the correct answer.
Personal selling used to be more common.
True
False
Which is considered a tertiary source?
A.) A Wikipedia article
B.) An autobiography
C.) A government record
D.) A journal entry
Answer:
A Wikipedia article.
Explanation:
A tertiary source are sources that compile info from other sources.
Answer:
B. An autobiography
Explanation:
It's a 3rd person source
Aleisha wants to buy a condominium. She has the choice of buying it now or renting it with the option to buy at the end of 4 years. If she rents now, she must pay a deposit of $1,500 and pay rent of $865 per month. If she buys, she would need closing costs and her mortgage payment would be $844 a month for 4 years. How much would her closing costs need to be in order for the cost to buy to be the same as the cost to rent
30 points please help!
Olive's organic Baby food believes their reputation is being put down by a competitor because of their untruthful advertising. Which of the following types of business tort is this?
a. fra ud
b. crim inal
c. defam ation
Answer:
i believe is fraud
Explanation:
if you find it helpful pls give me the points
pls can someone buy me the upgrade i beg youuu :(
Answer:
no
Explanation:
Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction
Answer: A
Explanation
Which statement best explains why the United States grew into a world
economic power in the 20th century?
O A. The United States prevented other countries from abandoning the
gold standard.
O B. The United States increased its participation in international trade.
C. The United States put effective trade barriers in place to limit trade
with other nations.
D. The United States stayed out of major world wars and instead
made economic investments.
Answer:
B. The United States increased its participation in international trade.
Explanation:
The correct option is - B. The United States increased its participation in international trade.
Which of the following laws limits the hours and types of duties in which teens can work
Fair Labor Standards Act
IZSA
11. Laser Research, Inc., is sending their five-person research team to a three-day conference to
learn a new automated lab procedure. One researcher earns $336 daily, two earn $360 daily.
and two earn $390 daily. What will the three-day conference cost Laser Research, Ine, in
lost productivity for the five researchers?
Answer:
The three-day conference will cost Laser Research, Inc. $ 5,508 in lost productivity.
Explanation:
Given that Laser Research, Inc., is sending their five-person research team to a three-day conference to learn a new automated lab procedure, and one researcher earns $ 336 daily, two earn $ 360 daily and two earn $ 390 daily, to determine what will the three-day conference cost Laser Research, Inc, in lost productivity for the five researchers, the following calculation should be performed:
336 x 3 + 360 x 2 x 3 + 390 x 2 x 3 = X
1,008 + 720 x 3 + 780 x 3 = X
1,008 + 2,160 + 2,340 = X
5.508 = X
Thus, the three-day conference will cost Laser Research, Inc. $ 5,508 in lost productivity.