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QveST [7]
3 years ago
12

What is the name of the economic system where the government regulates the prices and the supply of the goods?

Business
1 answer:
ArbitrLikvidat [17]3 years ago
8 0
Command economy. Hope this helped, have a great day! :D
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Answer:

Please see attachment

Explanation:

Please see attachment

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3 years ago
Which of the following is an example of a cost that varies in total as the number of units produced changes? a. property taxes o
fenix001 [56]

Answer:

b. direct materials cost

Explanation: The cost of production of a product is determined by the sum of different factors needed for the production, these factors include direct and indirect labor force cost, amortized costs of the machinery and supplies. the depreciation of the machinery on factory equipment depends on the lifetime of the machinery, not in the daily use of the same equipment. in that case, it does not vary according to the units produced.

The property taxes on factory buildings are applied to the total properties belonged by the company, it is not affected by the production levels.

The salary of a production supervisor is a constant cost that does not change per the production level, in this specific case, the supervisor is nor being paid per unit, so the payment will be the same every month.

In the case of direct materials cost, as the company is producing more products it is necessary to increase the supplies used for the specific product, as an example if you want to produce 20 dolls you will need 20 toy heads, but if you want to produce 50 dolls you will need 50 toy heads; in this case the cost of the materials varies according to the units that the company wants to produce

7 0
3 years ago
Read 2 more answers
List the characteristics typical of a c corporation
Svet_ta [14]

Answer:

The five main characteristics of a c corporation are:

  1. limited liability: the owners' liability is determined by the amount of money they invested in purchasing the corporation's stock.
  2. corporations are owned by stockholders: every single stockholder owns a piece of the corporation, the size of that piece is determined by the amount of stocks.
  3. double taxation: owners of the corporation suffer from double taxation because first the corporation must pay corporate taxes and then the owners must pay income taxes when they receive dividends.
  4. corporations are separate entities: corporations exist by themselves, they are born when they are created and die when they are dissolved.
  5. corporations are professionally managed: the owners elect a board of directors and the board is responsible for hiring professional management.

Explanation:

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3 years ago
When a closed economy is in equilibrium, we know with certainty that
faust18 [17]

Answer:

inward shift in the supply curve.

Explanation:

= I = S + (T-G). shift in the supply curve.

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2 years ago
What problem does Obeng say that we have in the 21st century?
Novay_Z [31]

Answer:

war

Explanation:

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