1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
UNO [17]
3 years ago
14

Define communism. What is the difference between communism and a command economy?

Business
1 answer:
Alex Ar [27]3 years ago
5 0

Answer:

In a true communist economy, the community makes decisions. In most communist countries, the government makes those decisions on their behalf. This system is called a command economy.

You might be interested in
Suppose that a 10 percent increase in the physical capital stock increases GDP by 10 percent. Nowconsider an additional 10 perce
Artyom0805 [142]

Answer:

B. Less than 10%

Explanation:

An addition increase by 10 % in the physical capital stock (which is a factor of production consisting of man made goods like machineries and so on) will lead to a less than 10% increase in the Gross domestic product. This is due to the law of diminishing marginal utility which talks about the consumption increases marginal utility from each additional unit declines. Thus, the more the physical capital stock increases, the GDP will increase at a decreasing rate.

7 0
3 years ago
TRUE OR FALSE FOR BRAINLIEST ANSWER 1. Generally, a contract must state all of its terms. There can be no missing information an
n200080 [17]
True, and that would be the answer :)
3 0
3 years ago
What qualifications are the officials of lilliput expected to have in order to hold high office?
kifflom [539]
<span>The officials are expected to have a very good sense of balance. To achieve the office in the first place, the officials are required to cross a tightrope suspended above the ground, reach the middle, and jump as high as they can without falling or otherwise injuring themselves.</span>
6 0
3 years ago
Why is a high-quality bond typically considered a lower-risk investment than a stock?
Verdich [7]
<span> <span>In investment, the term risk can be defined as the possibility of the investor losing all or part of their capital in a given venture. High quality bonds are considered lower risk because the the investor is promised to receive face value after a certain period unlike stocks that do not carry the same promise. Returns on high quality bonds are also guaranteed in the form of fixed interest rates whereas in stocks, a company may pay dividends but this is not an obligation on their part. Lastly bonds are safer investment as they are less susceptible to abnormal price changes unlike stocks whose prices can easily swing in either direction.</span></span>
8 0
3 years ago
Troy Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year, with an annual demand o
timurjin [86]

Answer:

Safety Stock is 336.62 units

Explanation:

As per given data

Demand = D = 50,000

Ordering Cost = S = $35

Holding Cost = H = $1 per unit per year

Weekly Demand = Demand / 50 weeks = 50,000 / 50 = 1,000 units per week

Weekly Demand during Lead time of 3 weeks = 1000 x 3 = 3,000 units

Standard Deviation = 216.51 units

Desired Service level = 94%

The Z score at 94% service level is 1.55477  

Safety Stock = Zscore x standard deviation = 1.55477 x 216.51

Safety Stock = 336.62

8 0
3 years ago
Other questions:
  • Brad is a sales representative for a Kettle Chips and is preparing for a Super Bowl promotional campaign. He's contacting each o
    12·1 answer
  • Which of the following tools would be used to tighten a nut or bolt with a precise amount of twisting
    5·1 answer
  • Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4 pounds
    10·1 answer
  • A(n) ______ is maintained for each financial statement item, whereas a(n) ______ contains all of the accounts of the company.
    10·1 answer
  • Sam wants to grow in his current role, and he decides to take a three-month skill enhancement course.
    14·1 answer
  • PLEASE HELP!!!
    14·1 answer
  • Monty has launched a company with the help of crowdfunding. He wants to secure the computer algorithm that he uses in his primar
    8·1 answer
  • As an important control for the occurrence assertion related to sales, the computer starts with the population of daily sales in
    7·1 answer
  • A sum of Rs.5,000 written off as depreciation on furniture has not been debited to depreciation account.
    7·1 answer
  • 5. Refer to the original data. By automating, the company could reduce variable expenses by $3 per unit. However, fixed expenses
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!