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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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_____ management stresses continuous improvement, employee involvement, learning from customers and employees, and accurate stan
bonufazy [111]

Answer: Total quality management.

Explanation:

Total quality management is a management style in which, there is a continuous effort to increase effectiveness of product/services delivered by a company, this is achieved by constantly training workers to effectively carry out their duties and constant communication with consumers of products to know areas that needs improvement in product/service delivery.

5 0
3 years ago
What are 6 roles in the front of the house(restaurant)? listed in order from highest rank to lowest and why they're important.
CaHeK987 [17]

Answer:

does it need an attachment to it in order to answer it ?

Explanation:

5 0
2 years ago
rrent selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is consideri
GREYUIT [131]

Answer:

31.6%

Explanation:

Contribution margin ratio after the increase in selling price is:

CM = (Unit selling price - Unit variable cost) / Unit selling price

      = (190 - 130) / 190 = 31.6%

4 0
3 years ago
Kermit's Hardware's (KH) fixed operating costs are $20.8 million and its variable cost ratio is 0.30. The firm has $10 million i
motikmotik

Answer:

Option (a) is correct.

Explanation:

EBIT:

= Revenues - Fixed operating costs - (variable cost ratio × revenues)

= $32.2 - $20.8 - (0.30 × 32.2)

= 1.74  million

KH's degree of total leverage:

= (EBIT + Fixed cost) ÷ (EBIT - Interest)

= (1.74 + 20.8) ÷ [(1.74 - (9% × 10)]

= 26.83

Therefore, the KH's degree of total leverage is 26.83.

3 0
3 years ago
Creative Chronometer, Inc. is planning to launch a new brand of watches for kids. Similar watches are available in the market fo
Ivenika [448]

Answer: $43.75

Explanation:

Given the following :

Markup on total cost = 28%

Projected selling price (price of similar products) = $56

Target cost = projected selling price - desired profit

Desired profit = 28% of target cost

Assume target cost = a

a = 56 - 28%a

a = 56 - 0.28a

a + 0.28a = 56

1.28a = 56

a = 56 / 1.28

a = 43.75

Therefore, target cost 'a' equals $43.75

4 0
3 years ago
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