The market system is also known as capitalism, while the command system is also known as communism. The market system is owned by private ownership, businessman and companies, hence it has capitalism concept. The command system is owned by a community or public.
Hence it can be said that
The market system is also known as <u>capitalism</u>, while the command system is also known as <u>communism</u>.
Answer:
Confrontation
Explanation:
Confroning a person is better than talking in publoc due to lots of People listening
Answer:
Greater than
Explanation:
Answer 1:
If the index number used to calculate prices is positive, then it shows that price level in country B is greater than the price level in Country A which is used as the base year. Thus, the blank can be filled by Greater than.
PPP adjusted GDP in this case in country B will be less than its nominal GDP as price level is higher.
Answer:
It is possible if you either have a witness or if you take a lie detector test
Explanation:
Answer: Sales 2,250,000
Explanation:
variable cost 1,250,000
25 x 50,000
Gross Profit 1,000,000
Fixed Cost
Selling & Administrative 300,000
Operating income 700,000
interest expense
10,000
non- controllable expenses 10,000
non-controllable income 690,000
income taxes 200,000
net income 490,000
Explanation:
the interest expense is not part of the operating cost, those cost are not part of the business activity. It is on the non-controllable expenses
