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3 years ago

In a command economy, the government does not decide where a person works True or false

1 answer:

3 0

A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods are offered for sale. It also determines investments and incomes. The command economy is a key feature of any communist society. Cuba, North Korea and the former Soviet Union are examples of countries that have command economies, while China maintained a command economy for decades before transitioning to a mixed economy that features both communistic and capitalistic elements .

False

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Gregory knew that he was going to have to pay a premium for buying a home in a certain area but was determined to do so because

labwork [276]

The characteristic of value that is represented here is <u>C. Situs.</u>

<h3>What is Situs?</h3>

Situs refers to the location of the property in legal terms. The location of an asset adds or subtracts value from the property. Some properties are located in urban areas where the demand is much more than in suburbs or rural areas. Such properties attract equivalent values based on their locations.

<h3>Answer Options:</h3>

A. Scarcity

B. Nolo Contendere

C. Situs

D. Caveat Emptor

Thus, the characteristic of value represented in this scenario is not scarcity, nolo contendere, or caveat emptor, but <u>Option C. Situs.</u>

Learn more about the location of a real estate at brainly.com/question/26010601

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2 years ago

A management system that coordinates and integrates all of the activities performed by member companies into a seamless process,

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Answer:

Supply Chain Management

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3 years ago

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Michael Jordan, retired NBA superstar, used his successes as an athlete to become a billionaire. What gains are entrepreneurs lo

Ivan

It should be Option B since entrepreneurs main aim is usually profit making.

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3 years ago

Capitol Supply's sales and sales force have continued to expand. Now, the firm plans to add a fleet of company cars as part of i

jekas [21]

Answer:

New-Task.

Explanation:

New-task purchase is that purchase made by a business of which need has not arisen before. The business didn't made decision to make purchase for this new product or purchase before. The new-task purchase decision is made by the business when a need to purchase is perceived internally or by the clients.

In the given scenario, the need to purchase 'cars as part of its sales compensation' defines the criteria of new-task purchase. In this case, Capitol's need to buy or add 'cars' into its sales compensation represents need to make 'New-task purchase.'

Therefore, the correct answer is new-task purchase.

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3 years ago

John invested $12,000 in the stock of Hyper Cyber. Eight years later, Hyper Cyber's shares reached $125,000, but John held onto

Nata [24]

Answer:

B. $12,000 is a sunk cost

Explanation:

By considering the given information, the cost that is correct is a sunk cost for $12,000

The sunk cost is the cost already incurred and will not be retrieved in the future. Plus, it's also termed a past cost.

It is a useless cost and it can be avoided also.

It is that cost that is not considered at the time of decisions making.

So, option B is correct

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3 years ago

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