A command economy is one in which a centralized government controls the means of production. The government determines what is produced, how it is produced and how it is distributed. Private enterprise does not exist in a command economy. The government employs all workers and unilaterally determines their wages and job duties. There are advantages and disadvantages of command economy structures. Command economy advantages include low levels of inequality and unemployment and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Because the government controls the means of production in a command economy, it determines who works where and for how much pay. This power structure contrasts sharply with a free market economy, in which private companies control the means of production and hire workers based on business needs, paying them wages set by invisible market forces. In a free market economy, the law of supply and demand dictates that workers who have unique skills in high-demand fields receive high wages for their services, while low-skill individuals in fields that are saturated with workers settle for meager wages, if they can find work at all.
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Yes, how many peoples luggage they can manage to loose and still be in buisness
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Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Joint products A and B emerge from common processing that costs $108,000 and yields 3,200 units of Product A and 2,000 units of Product B. Product A can be sold for $200 per unit. Product B can be sold for $160 per unit.
Total sale= 1,040,000
Product A= 640,000/1,040,000= 0.61
Product B= 0.39
Cost allocated
Product A= 0.61*108,000= 65,880
Product B= 0.39*108,000= 42,120
This illustrates <u>social underlining and </u><u>sabotaging </u><u>to make the </u><u>bottom-line</u><u> results </u>problem associated with evaluating job performance on results alone. Some people struggle for the majority of their lives with intense cravings for food, alcohol, gambling, or other temptations that have a severe impact on their relationships or health.
<h3>What is Self Sabotage?</h3>
- When behavior causes issues in daily life and obstructs long-term goals, it is considered to be self-sabotaging.
- Procrastination, self-medication with drugs or alcohol, comfort eating, and acts of self-injury like cutting are among the most prevalent self-destructive activities.
- The factors that cause self-sabotage, however, can also be subtler. For instance, a buildup of erroneous and dysfunctional ideas might cause someone to underrate their skills, repress their emotions, or snap at those around them.
Know more about self sabotage brainly.com/question/2295115
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