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aliya0001 [1]
3 years ago
9

How did central planning affect consumers in the former soviet union? government-provided housing was costly but readily availab

le. consumers often had to wait in long lines to purchase goods and services. goods were always of high quality due to government incentives provided to manufacturers. the government set high prices for luxury goods such as meat to prevent shortages?
Business
2 answers:
Vera_Pavlovna [14]3 years ago
8 0
The answer is: <span>Consumers often had to wait in long lines to purchase goods and services. 
</span>In a central planning, the production of goods and services would be fully controlled by the Government. In this system, the distribution of goods and services would be operated by the Government with little to no cost, and long-lines is very common to obtain the goods because the people couldn't obtain the goods any other else.
loris [4]3 years ago
4 0

Answer:

Consumers often had to wait in long lines to purchase goods and services.

Explanation:

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Crowl Corporation is investigating automating a process by purchasing a machine for exist793, 800 that would have a 9 year usefu
abruzzese [7]

Answer:

5.80% , option A is correct

Explanation:

The formula for the simple rate of return on the investment=annualprofit/net amount invested

annual profit amount=savings in cash operating costs-annual depreciation on the new machine=$133,000-$88, 200=$ 44,800.00  

net amount of investment=pruchase cost of new machine-the scrap value of the old machine=$793, 800-$21, 200=$ 772,600.00  

simple rate of return on  investment=$ 44,800.00/$ 772,600.00=5.80%

7 0
4 years ago
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Sati [7]

Answer:

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Explanation:

7 0
3 years ago
Read 2 more answers
If a bank has $1,000,000 in reserves and checking deposits of $3,000,000, what is the bank's reserve position if the required re
givi [52]

If the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.

Given that bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20%.

Required reserve ratio is basically a percentage of deposits to be kept by the bank with them.

We are required to find the find the bank's reserve position.

Bank's reserves=$1000000.

Checking deposits=$3000000

Required reserve ratio=20%

Reserves required according to the checking deposits=3000000*20%

=$600000

Actual reserves=$1000000

Excess reserves=Actual reserves -Reserves required

Excess reserves=1000000-600000

Excess reserves=$400000

Hence if the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.

Learn more about required reserve ratio at brainly.com/question/13758092

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4 0
2 years ago
___ is a customer's subjective assessment of benefits relative to costs in determining the worth of a product.
Nadya [2.5K]

Answer:

Value

Explanation:

Value is a customer's subjective assessment of benefits relative to costs in determining the worth of a product.

When a consumer gets all his/her wants fulfill from the purchase of the product, at that point we can say that value is achieved. Value is basically a difference between the consumer benefits and costs. Value is very important aspect to develop customer relationship for long term.

Thus, Value is the answer for the question.

4 0
4 years ago
What is one way to fix a surplus
ratelena [41]
The cycle of surplus has a way of balancing itself out. Sometimes, to remedy this imbalance, the government will step in and implement a price floor, or set a minimum price for which a good must be sold.
5 0
3 years ago
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