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daser333 [38]
3 years ago
10

Which of the following statements best characterizes a basic difference between market economies and centrally- planned economie

s?Society relies more upon prices to allocate resources when the economy is centrally-planned than when it is market-based.The self-interest of households is reflected more fully in the outcome of a centrally-planned economy than in the outcome of a market economy.Government plays a larger role in the economic affairs of a market economy than in the economic affairs of a centrally-planned economy.
Business
1 answer:
Alex_Xolod [135]3 years ago
4 0

This is a trick question, none of these answers are correct.

1. Society only relies on prices in a market economy, In a planned economy, the government sets prices usually,

2. Self-interests of households are reflected in a market economy because consumers can make their own decisions.

3. Government plays a larger role in a planned economy.

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Refer to Fishy Business. In the future, suppliers of fresh fish will be able to use electronic bar codes to verify the fish spec
dalvyx [7]

Answer:

c) Electronic Data Interchange

Explanation:

Based on the scenario being described within the question it can be said that this information technology is called Electronic Data Interchange or EDI for short. This technology allows one company to send large sets of data/information to another company electronically as opposed to other physical delivery methods of communication. Which in this case the electronic method that will be used are electronic bar codes.

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4 years ago
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standards are blank . multiple select question. set for each major production input or task benchmarks for measuring performance
lesya [120]

Standards are set for each major production input or task, benchmarks for measuring performance and compared to the actual quantities and costs of inputs. Thus, option first, third and fourth are correct.

<h3>What is the meaning of performance?</h3>

The act of executing a ceremony, play, piece of music, and so on. The execution or achievement of work, actions, feats, and so on. It is a specific action, deed, or process.

Standards are established for each massive production input or job, serving as benchmarks for monitoring performance and being compared to real input amounts and prices. As a result, options one, three, and four are correct.

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brainly.com/question/15466511

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6 0
1 year ago
If we had a situation of Diminishing Marginal Productivity, then this would be great news for the firm. Senior management loves
juin [17]

Answer:

The correct answer is the second option: False.

Explanation:

To begin with, the well known term of <em>"Diminishing Marginal Productivity"</em> is understood to be an economic law whose main purpose is to explain that given a certain level of an input, the production of the company will start to go down eventually after adding more and more of that variable. Therefore that this theory states that when a company adds more of a factor of production, everything else constant, when it reaches a certain level that input will start to affect the output of the good and with it the profits of the business. That is why that if the company is in a situation of diminishing marginal productivity the senior management would not be pleased.

3 0
4 years ago
When the engineers from fm global (factory mutual) conduct inspections at industrial facilities, whose interests are they hired
WINSTONCH [101]

When the engineers from FM Global (factory mutual) conduct inspections at industrial facilities, the interest they hired is to protect the companies that insure the properties.

FM Global is one of the global's biggest commercial and business assets coverage and chance management agencies, focusing on assets safety. we've currently ranked #447 on the Fortune 500 list of America's largest companies.

Malcolm C. Roberts is responsible for the strategic and operational direction of FM Global, one of the world's largest industrial property insurers and which insures nearly US$10.2 trillion in business belongings in greater than a hundred thirty international locations.

"FM international" is the communicative name of the organization, while the felony call is "manufacturing facility Mutual coverage organization". FM international has been named the "first-rate property Insurer inside the international” by means of Euromoney mag.

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4 0
2 years ago
The organization of 183 countries, all of which have signed treaties to protect intellectual property rights, is known as
nignag [31]
It is known as "World Intellectual Property Organization".

In 1967 the World Intellectual Property Organization was created to encourage and protect intellectual properties. It is also part of United Nation's seventeen specialized agencies. Though it was started with 183 members, overtime the number increased and as of 2016 it had 189 members with headquarters in Switzerland. 
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