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2 years ago

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

2 answers:

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.

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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.

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Assume Intervale Railway is considering investing in Pale Co. stock for three months. The investment will represent 5% of the v

Ilya [14]

No significant interest equity investment

<h3><u>Explanation:</u></h3>

A technique used in accounting by a firm for the purpose of recording the profits that are obtained from its investments made on other company refers to an equity method. This investment is an equity investment. The profits that are obtained for the investments made by a firm is reported by the company to the firm that made the investment.

In the scenario given, Intervale Railway y is considering investing in Pale Co. stock for three months which is only 5% of the voting stock of Pale Co. For considering it to be a significant investor, more than 20% and less than 50% of the voting stock must be held by the firm. The firm is holding 5% of the voting stock and hence the investment is considered to be No significant interest equity investment.

8 0

4 years ago

Geraldo is talking about his new job with his brother. He says he likes this job better than his previous jobs because now he fe

Dafna11 [192]

Answer:

a. Esteem.

Explanation:

Geraldo is talking about his new job with his brother. He says he likes this job better than his previous jobs because now he feels respected. He has always felt a need to feel this way at work, and now he finally does. Geraldo is describing how his job meets his need for esteem. This can be well defined by the Maslow’s Theory which is also known as “Hierarchy of Needs Theory”. Maslow recognized that every human contains the hierarchy of five needs as illustrated below.

1: Physiological or Biological Needs. These needs include hunger, thirst, accommodation, sexual needs, and other physical needs.

2: Safety Needs. These needs consist of safety and security from physical and psychological damage.

3: Social Needs. Need for love, association, attachment, acceptance, relationship and friendship.

4: Esteem Needs. Internal elements like <u>self-respect,</u> <u>acquirement, and independence,</u> and external elements such as rank, identification, attention and acceptance.

5: Self-actualization Needs. The urge to become what a person is capable of becoming, that contains proliferation, attaining our potential, and self-realization.

4 0

3 years ago

Read 2 more answers

A network diagramming technique in which boxes represent activities is known as a(n) _____.

Mademuasel [1]

PERT is a review technique/tool, so that can't be it. CPM is Critical Path Method, and you can use a PDM or an ADM to chart it.

The easy way to remember this answer, is that you write on the arrow when using the "arrow diagram method."

So the answer is "a. pdm" (precedence diagram method).

7 0

4 years ago

Pharoah Company on July 15 sells merchandise on account to Sarasota Co. for $3100, terms 2/10, n/30. On July 20 Sarasota Co. ret

pickupchik [31]

Answer:

July 24 Cash $1470 Dr

Discount allowed $30 Dr

Account Receivable $1500 Cr

Explanation:

The receipt of payment for accounts due will cause a credit to accounts receivable for that particular debtor along with a debit to cash as payment is received. However, as there were some sales returns, the outstanding amount in the accounts receivble account was sales less sales returns that is 3100 - 1600 = 1500.

The terms state 2/10, n/30 which means 2% cash discount is allowed if payment is made within 10 days of sale. The payment is made within 10 days, as July 24 falls under this period so cash received will be 1500 * 98% = 1470.

While Accounts recevables will be reduced by 1500. The difference of 30 is discount allowed and it is an expense and will be debitted.

4 0

3 years ago

One of the problems with finding new fossil fuel deposits in developing countries is that ________.

LUCKY_DIMON [66]

C.

Multinationals are often known for their extraction of natural resources, and when they swoop in to harvest this new deposit of resources, what ends up happening is they indeed earn a profit, but due to repatriation of profits, the money may be sent back to the country of origin and the multinational may pressure the government to not tax the multinational.

6 0

3 years ago