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4 years ago

A mixed-market economy is one in which

Business

1 answer:

GalinKa [24]4 years ago

8 0

Answer:

both the government control and the private sector exist

Explanation:

The mixed-market economies are economies that have primarily developed from the command economies, but have implemented market economy elements as well. In this type of economies we have a situation where the governments still have a very important role in the economy, while in the same time, the private businesses are also thriving. The government is usually in control of the most important and abundant natural resources, thus providing security for the country's people and economy. The private businesses are able to operate freely, and they collaborate with the government as a business partner., with both of them being dependent on each other.

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If a benevolent social planner chooses to produce less than the equilibrium quantity of a good, then

fgiga [73]

Answer:

B. the value placed on the last unit of production by buyers exceeds the cost of production

Explanation:

5 0

3 years ago

On Monday, Harry puts an offer in the mail to Sally to sell his guitar for $50. Monday night when jamming with his buddies, he d

Citrus2011 [14]

I’m pretty sure the answer is b. False because it usually takes 30 days. Sorry if I’m wrong

3 0

3 years ago

Hickam Company makes one product, for which it has developed the following standard for labor: each unit should require 1.50 hou

Brut [27]

Answer:

$1.8 Unfavourable

Explanation:

Labor usage variance can be calculated by deducting Standard hours from Actual hours and multiplying the result by the standard rate.

DATA

Standard hours = 1.50 hours

Standard rate = $12/hour

Actual hours = 1.65 hours

Actual rate = $11.5/hour

Calculation

LABOUR USAGE VARIANCE = (SH-AH)SR

LABOUR USAGE VARIANCE =(1.5 - 1.65) x $12

LABOUR USAGE VARIANCE = (-0.15) x $12

LABOUR USAGE VARIANCE = $1.8 Unfavourable

7 0

3 years ago

What is the maximum loan amount a bank will provide a borrower under the following circumstances: LTV: 70% Appraised Value: $320

valkas [14]

Answer:

$231,000

Explanation:

The maximum loan amount that the borrower would get from a bank is the 70% of the contract price which is computed thus:

The understanding here is that the bank would provide 70% counterparty funds which is equivalent to 70% of $330,000 i.e $231,000(70%*$330,000).

In other words,the borrower should be willing to provide 30% of $330,000 while the bank complements the borrower's efforts withe balance of 70%

5 0

4 years ago

Cost of Normal Spoilage

Mars2501 [29]

Answer:

1. Calculation of the Cost of the Tramel Job

Particulars Amount

Direct material cost $2,300

Direct labor cost $500

Overhead applied $650 (500*130)

Total cost of job $3,450

2. Particulars Debit Credit

Overhead Cost $1,300

To materials $800

To Labour $500

3. The Cost of the Tramel Job will not be affected

6 0

3 years ago