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3 years ago

While the role of the state in a command economy is to be , in a market economy the state's role is to be ?

1 answer:

3 0

<span>While the role of the state in a command economy is to be Dominant, in a market economy the state's role is to be Passive

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Ski Market sells snowboards. Ski Market knows that the most people will pay for the snowboards is $129.99. Ski Market is convinc

xenn [34]

Ski Market sells snowboards. Ski Market knows that the most people will pay for the snowboards is $129.99. Ski Market is convinced that it needs a 45% markup based on cost. The most that Ski Market can pay to its supplier for the snowboards is $71.49.

Explanation:

people will pay for the snowboards is $129.99.

Ski Market is convinced that it needs a 45%
The most that Ski Market can pay to its supplier for the snowboard is
= $\frac{129.99}{100}$ ×45
=$ 58.5
=129.99 ±58.5
= $71.49
Therefore, Ski Market can pay to its supplier for the snowboards is $71.49.

3 0

3 years ago

Jerry needs some quick cash and decides to pawn his diamond ring, which is appraised at $750. The pawnbroker agrees to give Jerr

GarryVolchara [31]

Answer:

the amount of the loan the pawnbroker made to Jerry is $112.50

Explanation:

In order to find 15% of $750, one method is dividing 750 into 100 to find the value of 1%.

750 ÷ 100 = 7.5

Now we know the value of 1% is $7.50, so all we have to do is multiply that by 15.

7.5 × 15 = 112.5

Therefore, the amount of the loan the pawnbroker made to Jerry is $112.50

5 0

3 years ago

Read 2 more answers

A court will not require a person to perform an agreed-upon act if it is illegal.

Andrei [34K]

I think the answer is false

7 0

3 years ago

Read 2 more answers

Seven years ago, Carlos took out a 30-year mortgage for $185,000 at 5.6 percent. He has made all of the monthly payments as agre

marin [14]

Answer:

Remaining balance of loan after 7 years ( today ) = $ 164,619.6

Explanation:

amount of mortgage = $ 185,000

original term of loan 30 years * 12 = 360 months

interest rate = 5.6 % * 1/12 =0.4666% per month

monthly payment = amount oa mortgage * i /[ 1- (1+i)^-n ]

= $ 185,000 * 0.4666% / [ 1- ( 1 +0.4666%)^-360 ]

= $ 863.21 / [ 1 - 0.187148 ]

= $ 863.21 / 0.812852

= $ 1061.95

after 7 years, that means 84 months, remaining term = 360 months - 84 months = 276 months

remaining balance of loan = amount of loan * ( 1+ i )^n - monthly payment * [ {( 1 + i )^n - 1 } / i ]

remaining balance of loan after 7 years ( 84 months ) = [ $ 185,000 * ( 1+0.4666%)^84 ] - $ 1061.95 * [ {(1+0.4666%)^84 - 1} / 0.4666 ]

= [ $ 185,000 * 1.47850 ] - $ 1061.95 * ( 0.47850 / 0.4666% ]

= $ 273,522.5 - $ 1061.95 * 102.55

= $ 273,522.5 - $ 108,902.9

= $ 164,619.6

remaining balance of loan after 7 years ( today ) = $ 164,619.6

6 0

3 years ago

The main difference between storage warehouses and distribution warehouses is that storage warehouses are relatively small, spec

Elza [17]

Answer:

True

Explanation:

Storage warehouses are used to store items for short periods of time while distribution warehouses are much bigger facilities that are used to gather and redistribute products.

Distribution warehouses are usually very big and can store a lot of products, while storage warehouses are usually a big facility that is divided into smaller units, each smaller unit serves as a storage warehouse. Storage warehouses are used to store more specific items while distribution warehouses can handle different types of goods.

4 0

3 years ago

While the role of the state in a command economy is to be __________, in a market economy the state's role is to be __________?

While the role of the state in a command economy is to be , in a market economy the state's role is to be ?