The kind of economy can be matched to their description as :
- The government decides what is produced, along with how much is produced. (Command economy ).
- The government controls some aspects of the economy, such as infrastructure and transportation, while private consumers and producers control the means of production in other areas. (Mixed market economy)
- The government has no involvement or decision-making in what or how much is produced. (Pure market economy)
What is an economy?
An economy can be described as the area of the production as well as the distribution and trade which involves the consumption of goods and services.
It should be noted that it is a social domain that emphasize the practices, discourses, that can be attributed to with the production, as well as management of scarce resources'.
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CHECK THE COMPLETE QUESTION:
Match the term with the type of economy/
the government decides what is produced, along with how much is produced. the government controls some aspects of the economy, such as infrastructure and transportation, while private consumers and producers control the means of production in other areas. the government has no involvement or decision-making in what or how much is produced
Answer:
The correct answer to the following question will be "True".
Explanation:
- The managerial or management design model or principles seems to be a self-assessment tool that allows people and communities to probably decide the aesthetic of a manager or supervisor.
- This proposed model described 5 various types of leadership styles premised on compassion for individuals and concern for manufacturing.
So that the given statement is true.
Answer:
the selling is missing, so I looked for similar questions and found that the selling price per swimsuit and its accessory is $85.
total variable costs:
- raw materials $15
- labor costs $8
- commissions $2
- total $25
total fixed costs:
- utilities $50,000
- rent $96,000
- salaries $150,000
- taxes $30,000
- total $326,000
contribution margin per swimsuit and accessory =$85 - $25 = $60
break even point in units = $326,000 / $60 = 5,433.33 ≈ 5,434 units
break even point in $ = 5,434 x $85 = $461,890
Answer: A. Explicit cost.
D. Fixed cost
Explanation:
The type of cost which batteries are for the renewable-energy industry is explicit cost and fixed cost. Explicit costs refers to the business costs which appear in the general ledger. It should be noted that they've direct impact on the company's profit. Examples include utilities, raw materials, salaries, lease payments, etc.
When running a business, explicit cost is the direct payment that's made to others, such as rent, wage and materials. Batteries are an explicit cost as they're incurrIn the industry of renewable energy, batteries are used to save the energy produced and thus the cost of batteries are incurred in the daily production. Hence, it is an explicit cost since it's incurred for daily production.
Fixed costs are those costs that doesn't vary with the production level. Since the energy produced has to be stored in batteries, then it is a fixed cost as it doesn't vary with the production level.
Non-farm payrolls refer to jobs in the manufacturing sector and other industries that are not farm. As part of its Employment situation report, the U.S Bureau of Labor Statistics releases closed-followed monthly data on nonfarm payrolls, the statistics from the nonfarm payroll also shows which sectors are generating the most employment additions. It measures the change in the number of people employed during the previous month except to the farming industry. At the onset recession, the nonfarm payrolls tend to reduce. The PMI or the Purchasing Managers Index is a measure of the economic health of the manufacturing sector. As stated by an analyst at TD Securities, the point of view for manufacturing is demoralized, and the sector is in recession.