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miss Akunina [59]
3 years ago
8

What are 2 positives and 1 negative for Market/Capitalist economies and then 2 positives and 1 negative for Command/Socialist ec

onomies.
Business
1 answer:
natulia [17]3 years ago
3 0

Answer:

All of the economy types have their own unique characteristics, with some differing a lot, while some are similar. Most of the resources in a market economy are owned by the private sector, though it is very common that the government owns some of the national resources, while in the capitalistic economy, the ownership is entirely on the private sector. IN a socialist or command economy the resources are mostly or entirely owned by the government, with the private sector being minimal or non-existent. IN the traditional economy, on the other hand, the ownership is usually determined by inheritance, and since this economy type is not very fond of changes, the economic status of the people may remain the same for a very long period of time. hope this helps

Explanation:

please give me brainiest

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In _____ innovation, innovations in products or services end up completely replacing existing products or service technologies.
MakcuM [25]

Answer:

disruptive

Explanation:

The term that is being described is known as a disruptive innovation. In the context of business theory, this term refers to an innovation that creates an entirely new market and value network which ultimately disrupts the old market and value network, while at the same time taking over market-leading firms, products, and alliances. One example of this are Smartphones which disrupted laptops as the primary way consumers use the internet in today's world.

4 0
3 years ago
You are going to deposit $24,500 today. You will earn an annual rate of 5.5 percent for 8 years, and then earn an annual rate of
NeTakaya

Answer:

Future value at the end of 19 years =$63,637.94

Explanation:

<em>The Future value (FV) of an investment is the total amount (principal plus interest) that will accumulate in the future where interest is paid and compounded at a particular rate per period for a certain number of periods.</em>

This can be done using the formula below

FV = PV × (1+r)^(n)

FV- Future Value

PV- amount invested, n- number of years, r - interest rate

The amount due after 19 years would be determined in two steps

Step 1: FV of 24,500 at 5.5% for 8 years

FV = 24,500× (1+0.055)^8 =37,599.819

Step 2 : FV of 37599.81962  invested for 11 years at 4.9% p.a

FV = ?  P=37,599.81,  n- 11, r- 4.9%

FV = 37,599.81 × (1.049)^11= 63,637.94

Future value at the end of 19 years =$63,637.94

7 0
3 years ago
Boston Consulting Group (BCG) is a management consulting, technology services and outsourcing organization. Which of the followi
Ilya [14]

Answer: D. Recognize the loss in the current period rather than over the remaining term of the engagement

Explanation:

A fixed rate contract is the contract whereby the payment amount isn't dependent on the resources or the time that were used.

Since there's evidence that a fixed-rate contract is over budget and will generate a loss for the firm, the manager should recognize the loss in the current period rather than over the remaining term of the engagement.

Therefore, the correct option is D.

7 0
3 years ago
Greyon spinning Mills Inc. owns 600 spinning machines out of these, only 500 are used in a given year. Given this information, t
andre [41]

Answer:

B.0.83

Explanation:

Data provided in the question

Total machines Available = 600

Number of machines used in a given year = 500

So by considering the above information, the utilization of spinning machines is

Utilization = Resource used ÷Resource available

                 = 500 ÷ 600

                 = 0.83

By dividing the resources used with the resources available we can get the utilization and the same is applied

6 0
3 years ago
For each item listed below, indicate in the space to the right whether the item would be considered a product cost or a period c
Katena32 [7]

Answer:

1. Factory supervisory salaries  <u><em>Production Cost</em></u> Factory Overhead

2. Sales commissions Period Cost Selling expense

3. Income tax expense Period Cost tax expense

4. Indirect materials used <u><em>Production Cost</em></u> Factory Overhead

5. Indirect labor <u><em>Production Cost </em></u>Factory Overhead

6. Office salaries expense Period Cost Administrative expense

7. Property taxes on factory building <em><u>Production Cost</u></em><em> </em>Factory Overhead

8. Sales manager's salary Period Cost Selling expense

9. Factory wages expense <em><u>Production Cost </u></em>Direct Labor

10. Direct materials used   <em><u>Production Cost</u></em> Direct Materials

Explanation:

A period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets

Period cost goes straight to expense account

While

Production Cost do capitalizes through Inventory and later recognize as cost of goods sold.

3 0
3 years ago
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