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
Dmitry [639]
3 years ago
8

What is the name of the economic system where the government, or another central administration, regulates supply and prices?

Business
1 answer:
MrMuchimi3 years ago
5 0
It is called centrally-planned economy or command economy 
You might be interested in
Based on predicted production of 17,000 units, a company anticipates $255,000 of fixed costs and $216,750 of variable costs. The
Arturiano [62]

Answer:

fixed costs = $255,000

variable costs = (15,000 / 17,000) x $216,750 = $191,250

Explanation:

A flexible budget is prepared in order to compare how budgeted revenues and costs actually worked out. In other words, if actual revenues and costs were similar to the budget previously prepared. A flexible budget adjusts actual results and helps management control how efficient the company was in following their budget. That is why a flexible budget is done after the budgeted period is over.

Fixed costs should not change (that is why they are fixed), but variable costs should change if the actual output was different than the budgeted output.

6 0
3 years ago
A government intervenes in the marketplace when it believes that the benefits are _____ the costs. greater than less than the sa
Pavlova-9 [17]

I believe the answer is: Greater

For example, let's say that there is a company that make vehicles with no pollutant for the environment.

The government in this situation might provide the company with incentives with the reason that the amount of incentive is smaller compared to the amount of expense that the government had to spend to fix the damage to the environment.

7 0
3 years ago
Present and Future Values for Different Periods:
DiKsa [7]

Answer:

1. $636

2. $674.16

3. $566.04

4. $534

Explanation:

PV = FV ÷ (1 + r/n)^(t × n)........(1)

PV = present value

FV = Future value

r = rate per period

t = number of years

n = number of compounded period per year

FV = P(1 + r/n)^(t×n)...............(2)

FV = Future value

P = principal

r = rate per period

n = number compounded period per year

t = number of year

NO 1.

P= $600

t = 1

n = 1

r = 6% = 0.06

Using equation 2

FV = 600(1 + 0.06/1)^(1 × 1) = $636

NO 2

P = $600

n = 1

t = 2

r = 0.06

Using equation 2

FV = 600(1 + 0.06/1)^(2 × 1) = $674.16

NO 3.

FV = $600

r = 0.06

t = 1

n = 1

Using equation 1

PV = 600 ÷ (1 + 0.06/1)^(1 × 1) = $566.04

NO 4.

FV = $600

r = 0.06

n = 1

t = 2

Using equation 1

PV = 600 ÷ (1 + 0.06/1)^(2 × 1) = $534

8 0
3 years ago
After you record your business transactions what is the next step in the process of turning this data into useful information?
hoa [83]
I think the answer is called enriching but i might be wrong.
4 0
3 years ago
?daniel has started a small shoe manufacturing company. he does not want the best equipment at the moment, so he is using equipm
Rama09 [41]
In this scenario, Daniel is <span>satisficing.
</span>According to its definition, to satisfice means '<span>decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.' So, Daniel is weighing his options and looking for the means which will provide him with the best results possible when it comes to his small shoe manufacturing company.</span>
3 0
3 years ago
Other questions:
  • Using positive self-talk is a great way to
    14·2 answers
  • What is the purpose of the qualifications section of a resume
    12·2 answers
  • Which documents are necessary to calculate ros?
    5·1 answer
  • Pharoah, Inc., paid a dividend of $4.25 last year. The company's management does not expect to increase its dividend in the fore
    10·1 answer
  • Krizun Industries makes heavy construction equipment. The standard for a particular crane calls for 14 direct labor-hours at $16
    6·1 answer
  • * Round all answers to the nearest dollar Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20 year life
    9·1 answer
  • Duke Company's records show the following account balances at December 31, 2021:
    15·1 answer
  • Business Question! Just the first problem please, thank you
    12·2 answers
  • प्रबंध की विशेषताएं क्या है?​
    13·2 answers
  • Piedmont Company segments its business into two regions - North and South.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!