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trapecia [35]
1 year ago
11

Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine produ

ction and pricing decisions. what kinds of economy is alex living in?
Business
1 answer:
ioda1 year ago
8 0

Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine production and pricing decision is the kind of 'Market Socialist' economy.

Market socialism, sometimes known as liberal socialism, is an economic system that strikes a balance between free enterprise and socialist planning. In this system, businesses are publicly owned, but output and consumption are determined by the market rather than by governmental planning.

In real life, Market socialism components have been present in a number of different economies. A version of market-based socialism, based on socially owned cooperatives, workers' self-management, and market allocation of capital, is usually regarded as having existed in the former Socialist Federal Republic of Yugoslavia.

To learn more about Communist

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Suppose that you need to update one value of the column SalesCost in a relation. The way the relation is constructed, this value
Ilya [14]

Answer:

update anomaly

Explanation:

Based on the information provided within the question it can be said that in this scenario it seems that you have just created an update anomaly. This term refers to a inconsistency in the data that was created due to data redundancy or the input of a partial update in the document. Which is what you have done by not updated all three of the columns that required the update.

5 0
4 years ago
Read 2 more answers
Refer to Scenario 13-3. Ziva's economic profit from farming equals a. −$80. b. $170. c. −$130. d. $130.
mafiozo [28]

Answer:

a. −$80.

Explanation:

Ziva's economic profit =Revenue- (explicit costs + implicit costs)

Revenue= $300

Explicit costs=$130

Implicit cost=$25*10 =$250

Ziva's Economic Profit= $300-($130+$250)

                                     =$300-$380

  Ziva's Economic Profit=-$80.

Explicit cost is the same as accounting costs. This include cost of seeds(i.e $130), wages paid to workers, rent paid for farm land, etc.

Implicits costs on the other hand is called opportunity cost or alternative forgone.

The $25 per hour forgone by working on the farm land is implicit cost.

                       

8 0
4 years ago
An effective minimum wage law can be expected to clear the market for unskilled workers. increase employment for some affected w
RoseWind [281]

Answer:

all of the above

Explanation:

The law related to the effective minimum wage could be predicted for non-skilled workers market, it raised the employment for some workers that are impacted, the number of firms should be increased, it decreased the non-skilled workers hours

So all of the above options is correct as it included all

6 0
3 years ago
The regular selling price of a computer desk is $329.99. The markdown rate is 40%. What is the sale price? $197.99
krok68 [10]
A. $197.99

First you subtract 40% from 329.99

So,

329.99-40%=

40% of 329.99 is $131.99

329.99-131.99= 197.99
4 0
3 years ago
Liam is setting up folding chairs for a meeting. If he arranges the chairs in 7 rows of the same length, he has 3 chairs left ov
Schach [20]

Answer:

59

Explanation:

Let x = length of the rows

we can derive two equations from this question

1. 7x + 3

2. 5x + 19

Since the number of chairs are equal in the two equations :

7x + 3 = 5x + 19

solve for x

2x = 16

x = 8

Substitute for x in either equations

7(8) + 3 = 59

5(8) + 19 = 59

7 0
3 years ago
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