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3 years ago

In a command economy, which group is most responsible for producing the

Business

1 answer:

velikii [3]3 years ago

5 0

Answer:

Government agencies

Explanation:

In a command economy, the government controls major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public. The government prices and produces goods and services that it thinks benefits the people.

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Sally has invested $10,000 now and wants to earn a real interest rate of 10% per year. Assume that the inflation rate is 7% per

hodyreva [135]

Answer:

Results are below.

Explanation:

Giving the following information:

Inflation rate= 7%

Real rate of return= 10%

Present value (PV)= $10,000

Number of periods (n)= 10 years

The real rate of return incorporates the effect of the inflation rate. Therefore, the nominal rate of return:

Nominal rate of return= 0.1 + 0.07= 17%

To calculate the Future Value, we need to use the following formula:

FV= PV*(1 + i)^n

FV= 10,000*(1.17^10)

FV= $48,068.28

This is the nominal value received after ten years.

If Sally wants to determine the real value of the investment after 10 years, we must use the real rate of return:

FV= 10,000*(1.1^10)

FV=$25,937.42

4 0

3 years ago

Hassock Corp. produces woven wall hangings. It takes 3 hours of direct labor to produce a single wall hanging. Hassock standard

NISA [10]

Answer:

Direct labor time (efficiency) variance= $2,080 unfavorable

Explanation:

Giving the following information:

Standard= 3 hours of direct labor per unit

The standard labor cost is $13 per hour.

During August, Hassock produced 9,000 units and used 27,160 hours

To calculate the direct labor efficiency variance, we need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (3*9,000 - 27,160)*13

Direct labor time (efficiency) variance= $2,080 unfavorable

5 0

2 years ago

A learning rate of 0.9 means each __________ of the cumulative output reduces unit costs by __________.

lyudmila [28]

Answer:

b. 10% doubling

Explanation:

Options are "a. tripling, b. 10% doubling, c. 90% tripling, d. 90% doubling, e. 10%"

In this question, 90%(0.9) learning rate means that (1-0.9)10% unit of input is reduced each time the production is doubled. In a nutshell, the learning curve percentage represents the proportion by which the amount of an input per unit of output is reduced each time production is doubled.

4 0

3 years ago

Describe either a desire-based or fear-based advertisement that you have seen. Explain what desire or fear you think the ad is u

joja [24]

Desire-based advertising is used to drive people to purchase items based on a desire for it. An example for desire-based advertising is to draw people in to a store based on a sale of an item that they desire. A fear-based advertisment can be for insurance. They advertise against the "what ifs" and "what could happen" if you do not hold car insurance and end up needing it.

3 0

3 years ago

Coronado Inc. had beginning inventory of $12700 at cost and $20900 at retail. Net purchases were $113930 at cost and $158500 at

aalyn [17]

Answer:

Ending Inventory: 21,267.70

Explanation:

cost retail

beginning 12,700 20,900

purchases 113,930 158,500

markups 9,600

markdowns (7,400)

total 126,630 181,600

inventory to retail ratio: 126,630 / 181,600 = 0.6973

sales revenues 151,100

COGS: 151,100 x 0.6973 = 105,362.30

Ending Inventory: 126,630 - 105,362.30 = 21,267.70

3 0

3 years ago