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frutty [35]
2 years ago
14

Which group of people ultimately determines the products that a command economy produces?.

Business
2 answers:
Andre45 [30]2 years ago
4 0

The authorities make a decision on what items and offerings could be produced and what costs could be charged for them.

<h3>Who controls the economic system in a command economic system?</h3>

Command financial system, a monetary machine wherein the approach of manufacturing is publicly owned and monetary interest is controlled through a central authority that assigns quantitative manufacturing dreams and allots raw materials to productive establishments.

Learn more about command economy here brainly.com/question/26262298

#SPJ10

Aneli [31]2 years ago
3 0

The Government ultimately determines the products that a command economy produces.

<h3 /><h3>What is the command economy and examples?</h3>

Alternatively, the Command Economy owns most, if not all, businesses and is organized by the central government, where government officials control all factors of production. East Germany, North Korea and the former Soviet Union are examples of command economies.

<h3>What is the basic idea of ​​the command economy? </h3>

The main idea of ​​the command economy is that the economic base is controlled by the government and central authorities. They can make financial decisions. How many cars will be produced or how resources will be distributed in society.

<h3 /><h3>Who controls the economy in a command economy?</h3>

central authority

A Command economy is a monetary system in which the manner of production is publicly owned and monetary hobby is controlled through a central authority that assigns quantitative production desires and allots raw materials to efficient organizations.

Learn more about Command economy here brainly.com/question/26262298

#SPJ10

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Critically analyze the difference and points of convergence between floor inspection and functional inspection
r-ruslan [8.4K]

Answer:

Please refer to the below;

Explanation:

Difference between Floor inspection and Functional inspection.

• Floor inspection is usually conducted in a production environment. It involves checking of materials while processing in the machine by inspectors. Rather than checking the materials in the machine at the beginning of production, floor inspection checks the materials while in process inorder to ensure that the defected ones are quickly detected and expunged. It also ensure that the equipments used in processing are properly functioning.

• Functional inspection is an inspection that checks the overall function of a product rather than what makes up the component parts. For instance the load capacity and speed of a vehicle can be checked for optimal performance whereas individual parts that make up the vehicle are not checked, yet bring out satisfactory performance when combined together. This form of inspection is concerned with verification of final output and does not provide details about different sections instead provides a wider understanding of comfort that emanate from inspecting same item.

Points of Convergence between Floor inspection and Functional inspection.

• The key objective of both floor and functional inspection is quality output having reviewed and examined their expectations.

• Both floor and functional inspection work to prevent defective product from flowing down the successive operations and avoid loss to the company

• Both floor and functional inspection aim at meeting customers requirements, wants and needs.

4 0
3 years ago
Morganti corporation sells a product for $170 per unit. the product's current sales are 41,800 units and its break-even sales ar
ololo11 [35]
To find the margin of safety in dollars, subtract the breakeven sales from the budged or actual sales. 

Current sales are 41,800 units 
Break even point in units is 33,900
Cost per unit is $170

(33,900)($170) = $5,763,000
(41,800)($170) = $7,106,000

The margin of safety in dollars is:
$7,106,000 - $5,763,000 = $1,343,000
3 0
2 years ago
Davidson company received $80,000 from the issuance of bonds, paid cash dividends of $10,000, sold long-term investments for $12
pentagon [3]

Based on Davidson Company's cash from bonds, and cash dividends paid, the net cash flow from financing activities is $70,000.

<h3 /><h3>What is the net cash from financing activities for Davidson Company?</h3>

The financing activities have to do with debt, and stock.

The net cash from financing acitivities is therefore:

= Bond issuance - Cash dividends paid

Solving gives:

= 80,000 - 10,000

= $70,000

In conclusion, the net cash from financing is $70,000.

Find out more on financing activities at brainly.com/question/14441404.

8 0
2 years ago
The decision to innovate
sukhopar [10]

Answer:

D hope that helps you out

7 0
3 years ago
A $1000 par value bond with 5 years to maturity and a 6% coupon has a yield to maturity of 8%. Interest is paid semiannually. Ca
Katarina [22]

Answer:

$918.89

Explanation:

For computing the current price of the bond we need to apply the present value formula i.e to be shown in the attachment

Given that,  

Future value = $1,000

Rate of interest = 8%  ÷ 2 = 4%

NPER = 5 years × 2 = 10 years

PMT = $1,000 × 6% ÷ 2 = $30

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the current price of the bond is $918.89

7 0
3 years ago
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