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3 years ago

In which economic system does the government own most of the factories, equipment, and agricultural lands?

1 answer:

8 0

In which economic system does the government own most of the factories, equipment, and agricultural lands? Communism. Communism is a type of economy, political, social and philosophical economy. In a communist society, each person works and contributes to society in best functional way they can but are paid according to their needs and what they are capable of. In a communist society, the government has control over just about everything.

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Alfred lost his 3-year-old camera. It cost him $150 three years ago and had a life expectancy of 6 years. Alfred has actual cash

salantis [7]

Answer:

insurance company will pay $75 to Alfred.

Explanation:

given data

Actual cost of camera = $200

Alfred cost of camera = $150

Life expectancy = 6 years

solution

we get here first Remain life of camera that is

Remain life of camera = 6 years - 3 years

Remain life of camera = 3 years

and

now we get here current cost of the camera that is

current cost of camera = Alfred cost of camera × (Remain life of camera ÷ Life expectancy) ........................1

put here value and we get

Current cost of camera = $150 × $\frac{3}{6}$

Current cost of camera = $75

so that insurance company will pay $75 to Alfred.

5 0

3 years ago

Smart Manufacturing budgeted costs for 50,000 linear feet of block are: Fixed manufacturing costs $24,000 per month Variable man

Gekata [30.6K]

Answer:

$664,000

Explanation:

The computation of the budgeted total manufacturing cost is shown below:

Budgeted total manufacturing costs is

= Fixed cost + Variable cost

= $24,000 + ($16 × 40,000 linear feet of block)

= $24,000 + $640,000

= $664,000

We simply added the fixed cost and the variable cost so that the total budgeted manufacturing cost could come

3 0

3 years ago

The time value of money refers to the fact that a dollar received today is worth less than a dollar promised at some time in the

NikAS [45]

Answer:

false money and time are worth different amounts. our time on earth is more valuable then money itself.

8 0

3 years ago

What kind of economy might a country have if it was influenced by Western thought

vova2212 [387]

Option;

A. communist

B. capitalist

C. democratic

D. republican

Answer: B. Capitalist

Explanation:

Capitalist economic system is one where the ownership and investment are distributed, the fluidity of her wealth and production which are made and maintained by individuals or corporation or by means of wealth which are state owned.

Example of capitalist countries include Switzerland, Australia, Estonia, Canada, United Arab Emirates amongst many others.

3 0

2 years ago

FitterYou Inc., a company that manufactures health products, hosts an event at a local hotel to generate potential customers. Th

Nastasia [14]

By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a seminar to generate sales leads.

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What is a sales seminar?

Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.

In conclusion, the company that manufactures the health products is using a seminar to generate sales leads.