When comparing two distributions, it would be best to use relative frequency histograms rather then frequency histograms when?

Which economies systems have least in common?

Effectus [21]

Answer:

command economy and capitalism

Explanation:

A command economy is a situation where the government determines what goods and services are produced in a state. The government formulate its production policies to achieve his goals and objective. The major advantage of a command economy is that is reduces the level of inequality in a state, as against the profit motive in capitalism. Examples of a command economy country is North Korea and Cuba

Capitalism is an economic state where private individuals own and controls factors of production to for profit motive. Private investors are given power by government to control labour, capital and land in the production process with little or no involvement by government. Examples of countries practicing capitalism includes USA, Chile, canada, etc.

6 0

3 years ago

Problems with (or leakages from) the money creation process would include an increase in the reserve requirement. unwillingness

mart [117]

Answer:

The correct answer is unwillingness of borrowers to obtain loans from banks to invest in factories or expansion of the firm.

Explanation:

Solution

<em>Given that:</em>

Leakage problem occurs or happens within an economy when the money goes out of the economy, which leads to a loss in the economic value of goods and services, and also leads to loss in profits making.

This would lead to an unwillingness of borrower's to obtain loans from banks in the expansion of the firm or to invest in factories.

4 0

3 years ago

Wolfgang Electricals estimates that the company takes 31 days on average to pay off its suppliers. It also knows that it has day

Makovka662 [10]

Answer:

57 days

Explanation:

The computation of the cash conversion cycle is shown below:

The cash conversion cycle = Days inventory outstanding + days sale outstanding - days payable outstanding

= 54 days + 34 days - 31 days

= 57 days

Hence, the cash conversion cycle is 57 days

We simply added the days' sales in inventory and days sales' outstanding and deduct the days payable outstanding so that the cash conversion cycle could come

8 0

3 years ago

The w in the wh framework for business ethics stands for

LekaFEV [45]

WH Approach refers to the sets of moral rules that urges us to look at whom as an activity influences, the motivation behind the activity, and how we see it ethically.

The W in the WH framework for business morals stands for "who or the character of the stakeholders".

The H in the WH framework for business morals stands for "how or the avenues the firm will use to manage it to its ultimate choice".

5 0

4 years ago

ast year, Buckner & Jones Company incurred the following costs: Direct materials $42,000 Direct labor 63,000 Manufacturing o

ddd [48]

Answer:

correct option is d.$76.46

Explanation:

given data

Direct materials = $42,000

Direct labor = 63,000

Manufacturing overhead = 94,500

Selling expenses = 25,200

Administrative expenses = 23,100

sold = 2,060 units

to find out

conversion cost per unit

solution

we find first total conversion cost

total conversion cost = Direct labor + Manufacturing overhead ..........1

total conversion cost = 63,000 + 94,500

total conversion cost = $157,500

and

Conversion cost per unit will be

Conversion cost per unit = $\frac{Total conversion cost}{sold}$

Conversion cost per unit = $\frac{157,500
}{2060}$

Conversion cost per unit = 76.46

so correct option is d.$76.46

8 0

3 years ago