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QveST [7]
4 years ago
5

In a mixed economy, how is output allocated? Question 4 options: Via the market mechanism Partly by the market mechanism and par

tly by the political process. By the political process By the central planner
Business
1 answer:
gladu [14]4 years ago
7 0

Answer:

Partly by the market mechanism and partly by the political process.

Explanation:

Capitalist Economy is private owned economy, with no state control, having profit maximisation objective. Socialist economy is state (govt) owned economy, having social welfare objective.

Mixed Economy is an economy co-owned by private & government sector. The goal is to achieve balance between profit maximisation & social welfare. The central problems of economy 'what, how, for whom to produce' are solved by both private & government sector. Output is allocated both on the basis of free market demand & supply mechanism, also on the basis of state/ govt (political) process. The govt (political) process regulates & monitors private role through various market interventions :- maximum quotas, price ceiling, price floor etc.

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_________ suggests that in the first stage innovations are produced in the home developed country; in the second stage they are
nika2105 [10]

Answer:

The answer is: Vernon's Product Life Cycle theory

Explanation:

Product Life Cycle theory was developed to describe the observed pattern of the international trade. This theory was given by Raymond Vernon and the Product Life Cycle has four stages:

1. The introduction stage: Introducing or launching new product in the local market.

2. The growth stage: Strong demand of products and increase in the sales, which increases the profits. The product are exported to other high-income developed countries.

3. The maturity stage: The production is moved to the developed countries.

4. The decline stage: The production of the products begins moves in the low-wage developing countries.

3 0
3 years ago
Joan is on trial for first-degree murder. It is a jury trial in which she is pleading not guilty. Presently, the plaintiff's att
Eduardwww [97]

Answer:

The correct answer is letter "B": direct examination.

Explanation:

In a trial, both the plaintiff and the defendant are right to bring eyewitnesses to the court who can testify on their favor. When the plaintiff's attorney calls one of the defendant's eyewitnesses to provide his or her version of the facts regarding the case, a direct examination takes place. The plaintiff's attorney makes a series of questions relevant to the decision the judge could take of the case and further evidence can be presented.

3 0
3 years ago
Why might fiscal stimulus crowd out​ investment?Fiscal stimulus that increases an existing government budget deficit​ ______ loa
Andrei [34K]

Answer:

The correct answers are "Increases the demand for; decreases"

Explanation:

Why might fiscal stimulus crowd out​ investment?

Fiscal stimulus that increases an existing government budget deficit​, increases the demand for loanable​ funds, which​ decreases investment.

4 0
3 years ago
The following costs were incurred in May: Direct materials$40,500 Direct labor$36,700 Manufacturing overhead$28,800 Selling expe
Lady bird [3.3K]

Answer:

$77,200

Explanation:

Conversion cost is calculated as;

= Direct labor cost + Manufacturing overhead.

Given that;

Direct labor cost = $40,500

Manufacturing overhead = $36,700

Conversion cost = $40,500 + $36,700

= $77,200

7 0
3 years ago
In the event of an incident or disaster, which planning element is used to guide off-site operations?
LenaWriter [7]
<span>Business continuity is the </span><span>planning element used to guide off-site operations in the event of an incident or disaster. <span>It is the creation of a strategy through the recognition of threats and risks facing a company, with an eye to ensure that personnel and assets are protected and able to function in the event of a disaster. </span></span>



4 0
3 years ago
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