All categories

2 years ago

Most of the property in command economies is owned by who

Business

1 answer:

ozzi2 years ago

4 0

Answer:

In a command economy an authority such as the government, governmental agency, or central planners decide what to produce, how to produce and to whom goods and services will be allocated.

You might be interested in

Absorption costing income would be ____ variable costing income. a. $150,000 less than b. $150,000 greater than c. $240,000 less

Dafna11 [192]

Answer:

E. None of the above

7 0

3 years ago

North Dakota Corporation began operations in January 2020 and purchased a machine for $27,000. North Dakota uses straight-line d

andrew-mc [135]

Answer and Explanation:

The Journal entry is shown below:-

Income tax expense Dr, $40,025

To Deferred tax liability $2,025

To Income tax payable $38,025

(Being income taxes for the year 2020 is recorded)

Working note:-

Excess depreciation = ($27,000 × 50%) - ($27,000 ÷ 4)

= $13,500 - $6,750

= $6,750

For Deferred tax liability = $6,750 × 30%

= $2,025

For Income tax payable = ($157,000 - $23,500 - $6,750) × 30%

= $126,750 × 30%

= $38,025

6 0

2 years ago

Technical standards in high-technology industries are:

Sunny_sXe [5.5K]

You’re answer would be c love!

6 0

2 years ago

Suppose Russia produces only trucks and cars. The resources that are used in the production of these two goods are not specializ

seraphim [82]

Answer:

Remains constant

Explanation:

Since the same set of resources are useful in producing both cars and trucks, it shows that resources are not specialized hence Russia has a straight line PPC. A straight line (linear) PPC connotes constant returns to scale. In this case, resources are mobile and can easily be reallocated and redirected from the production of one good to another thus, opportunity cost is constant and so is the marginal rate of transformation (MRT). The MRT is the number of units or amount of a good that must be foregone in order to attain one unit of another. If Russia decides to produce more cars and fewer trucks, the resources deployed in producing more cars would be well suited as the resources already used in car production. The opportunity cost in producing each additional unit of car remains constant as more cars are produced.

The slope of a linear PPC determines the marginal rate of transformation; that is, a flatter slope would mean producing more cars requires trading-off fewer trucks while a steeper slope would mean that producing more cars requires trading-off more trucks.

8 0

2 years ago

I need a name for an app that could help the community. It has to be original though none that already exists

Harlamova29_29 [7]

Answer:

green help

Explanation:

lol

8 0

2 years ago

Read 2 more answers

Most of the property in command economies is owned by who​

Most of the property in command economies is owned by who