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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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consider a hypothetical economy in which households spend 0.5 of each additional dollar they earn and save the remaining 0.5

Sliva [168]

hypothetical economy in which households spend 0.5 of each additional dollar they earn and save the remaining 0.5

<h3>What is hypothetical economy?</h3>

The paper investigates the consequences for a hypothetical economy of a set of government tax and spending policies that are unsustainable in the long run and are recognized as such by private individuals.

Comparative Economic Systems is a sub-category of economics that deals with the comparative study of various economic organization systems such as capitalism, socialism, feudalism, and the mixed economy.

The marginal propensity to consume is calculated by dividing the change in consumption by the change in income.

Each economy operates under its own set of conditions and assumptions. Traditional economies, command economies, mixed economies, and market economies are the four major types of economic systems.

To know more about hypothetical economy follow the link:

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5 0

2 years ago

ane is planning to offer a Groupon for inner tube rentals that she will distribute on hot, sunny, summer days by the river that

sweet [91]

Probability assigned:|

x 30 60 120 180

P(x) .10 .40 .40 .10

Answer:

Jane

Price of Groupon for a revenue of $300 is:

Explanation:

a) Data and Calculations:

Expected Sales volume:

Number of Tubes x 30 60 120 180

Probability P(x) .10 .40 .40 .10

Expected values 3 24 48 18

Total = 93 tubes

Groupon price = $300/93 = $3.23

b) Jane's price for each Groupon will be the rent revenue per day divided by the expected number of tubes to rent daily. The expected number of tubes is derived by multiplying each expected number of tubes by its probability and then summing up the results.

6 0

3 years ago

What is erikson's term for the period during which toddlers (aged 18 months to 3 years) develop independence and autonomy if the

amid [387]

Autonomy vs. shame and doubt is Erikson's term for the period during which toddlers (aged 18 months to 3 years) develop independence and autonomy if they are allowed the freedom to explore, or shame and self-doubt if they are restricted and overprotected. In this stage, they develop an important virtue of “will” where their parents play a major role in molding such quality. For example, they can learn at this stage on how to go to the toilet on their own or even clothe themselves.

3 0

3 years ago

The U.S. corporation Fun Toys, Inc. sets up a firm in China. The parent company remains in the United States and retains complet

rosijanka [135]

Answer:

(A) A wholly owned Subsidiary

Explanation:

A wholly owned subsidiary is a company that is completely owned by another company called the Parent/Holding Company. The parent company will hold all (100%) of the subsidiary's common stock.

A wholly owned subsidiary allows the parent company to diversify, manage, and possibly reduce its risk.

Some of the disadvantages of a wholly owned subsidiary include the possibility of multiple taxation, lack of business focus, and conflicting interest between subsidiaries and the parent company if not properly managed.

7 0

3 years ago

Rodriguez Company pays $310,000 for real estate plus $16,430 in closing costs. The real estate consists of land appraised at $21

Sergeeva-Olga [200]

Answer:

Required 1.

Land = $163,215

Land improvements = $65,286

Buildings = $97,929

Required 2.

Land $163,215 (debit)

Land improvements $65,286 (credit)

Buildings $97,929 (credit)

Cash $310,000 (credit)

Explanation:

Allocation of the purchase cost must be made on the bases appraisal value.

Total Appraisal Value = $215,000 + $86,000 + $129,000

= $430,000

Land = $215,000 / $430,000 × $326,430

= $163,215

Land improvements = $86,000 / $430,000 × $326,430

= $65,286

Buildings = $129,000 / $430,000 × $326,430

= $97,929

6 0

3 years ago