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Zielflug [23.3K]
4 years ago
8

Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders of

the second want to try more free market-based policies. What actions would likely occur in one but not the other industrializing economy?
Business
1 answer:
attashe74 [19]4 years ago
8 0

Answer:

In the country that promotes free-market economy is expected to start seeing firms arriving in this country and invest in those activities where this country has a comparative advantage.

Explanation:

This would lead to an efficient allocation of productive resources taking the economy to optimum production. The technology and tools will rapidly spread, and the industrialization process will be achieved. In the other country, investment and technology implementation is lead by the government allocating resources inefficiently and delaying industrialization.

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Check the price of the bag and see if it is equal to the money you have collected
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3 years ago
A theory asserts that consumers will purchase less of a good at higher prices than they will at lower prices.
FrozenT [24]

Answer:

b. It is likely that variables other than the price and quantity of cars demanded were

changing.

Explanation:

The law of demand states that the higher the price of a good, the lower the quantity demanded and the lower the price of a good, the higher the quantity demanded.

If price of cars was increasing and the quantity demanded also was increasing, it indicates other variables were changing. For example, if income was increasing at the time, the demand for cars would increase if cars are normal goods.

I hope my answer helps you

4 0
3 years ago
On January 1, Big Company acquires all of the common stock of Little Company by issuing 400,000 shares of $1 par value stock wit
DENIUS [597]

Answer:

$7,176,000

Explanation:

We will calculate the sbsidiary net gain and add it to the firm income to get the consolidated net income:

Little income                                                864,000

amortization on acquisition investment  <u>  (48,000)  </u>

net gain on subsidiary                                816,000

Big income 6,360,000

big income + income from subsidiary = 6,360,000 + 816,000 = 7,176,000

This will be the consolidated net income.

The dividends do not impact the net income.

4 0
3 years ago
The use of an organization's operational data as the source data for a bi system is not usually recommended because it ________.
lyudmila [28]
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6 0
4 years ago
On June 1 a company purchased a one-year insurance policy for $1,800 with coverage starting immediately. If the purchase was rec
Alenkinab [10]

Explanation:

The adjusting entry is shown below:

Insurance expense Dr $1,800

       To Prepaid insurance $1,800

(Being the insurance expense is recorded)

For recording the adjusting entry for advance purchase of insurance policy we debited the insurance expense and credited the prepaid insurance account so that the correct posting could be done

8 0
3 years ago
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