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Eddi Din [679]
3 years ago
14

A characteristic of centrally planned economies is that:

Business
1 answer:
photoshop1234 [79]3 years ago
4 0

Answer:

The correct answer is letter "B": the price is relatively unimportant in allocating resources.

Explanation:

Centrally planned economies or command economies are those managed by the government that dictates production quotas and distribution levels and determines prices. Private ownership is null in centrally planned economies since the government is the owner and distributor of land, labor, and capital.

<em>Allocation price is irrelevant when it comes to command economies since only those vital goods such as staples are paid attention.</em>

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Identify which principle applies to each scenario by placing the appropriate label next to each scenario.
tatyana61 [14]
<span>Each scenario refers to some label. The labels are placed with a different order. We need to arrange them by checking the possibilities. Labels most probably matches with one scenario each or it can be many. If labels are less in numbers than the scenarios then it can be matched with multiple scenarios.</span>
6 0
3 years ago
Integrated Devices, Inc., is a private, for-profit corporation that is owned by seven shareholders who are members of the same f
atroni [7]

Answer:

b. a close corporation

Explanation:

A closed corporation refers to a company in which shares are held by select few individuals who usually are closely linked with business. Such form of a company is also referred to as family corporation.

In these form of corporations, the investments from outsiders are closed i.e from general public and thus referred to as a close corporation. Shareholding belong to owners or family members in most of the cases.

Such firms are not listed on stock exchanges and hence do not permit general public to subscribe to their shares. Wherein, any one of the shareholders desires to liquidate his share, the other members buy out such share.

In the given case, Integrated Devices Inc., a private, for profit company is wholly owned by members of the same family. Thus, it represents a close corporation.

7 0
3 years ago
In the post-Reconstruction era most African-Americans in the South had little opportunity for economic advancement, and worked m
grin007 [14]
<span>Overwhelmingly, blacks refused to work in gangs under the direction of an overseer and generally preferred renting land to working for wages. African American's took the opportunity of freedom to educate themselves, band together, and work towards a more equal and fair life for not only themselves, but also their families.</span>
6 0
3 years ago
Refer to the given list of assets.
Cloud [144]

Answer:

a. Items 1,5,9 and 10

Explanation:

M1 refers to Money Supply which includes physical currencies, coins, demand deposits, amounts in checking accounts, liquid cash and other forms of cash that can be withdrawn immediately eg in ATM.

<u>Items under M1 from the question are:</u>

3. Currency (coins and paper money) in circulation

6. Checkable deposits

M2 refers to money supply that comprises of the items in M1 and also include other types of deposits eg Savings deposits, mutual funds by individuals, time deposits. Funds that even though cannot be readily converted to cash but can be withdrawn with more effort.

<u>Items under M2 from the question are:</u>

2. Non-checkable savings deposits

4. Small-denominated (under $100,000) time deposits

7. Money market deposit accounts

8. Money market mutual fund balances held by individuals

8 0
3 years ago
Which of the following describes the most typical order of entry into foreign markets?
Veronika [31]

Answer:

None of above is the answer. The correct order is: B.exporting, licensing, franchising, joint venture, and wholly owned subsidiary.

Explanation:

Once the company has selected the market or markets to which it will direct its international expansion strategy, it will move on to the phase of choosing the entry form. The decision will depend on the type of product or service to be exported, the financial commitment that the company is willing to assume, as well as the level of control and coordination of international operations.

“The different input methods are determined according to the nature of the control that can be exercised over the distribution channel, over the products and brands that are marketed in the destination country”

3 0
3 years ago
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