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3 years ago

Contrast how a market system and a command economy try to cope with economic scarcity.

Business

1 answer:

elixir [45]3 years ago

8 0

<u>Explanation:</u>

Note, a market system (capitalist economy) allows the forces of demand and supply to take place more freely than a command economy (monopolistic economy).

Thus, the market system will try to increase the production of the scarce commodities on its own, while the command economy will try to ensure anyone in the economy gets the limited commodity supply made available, especially to those who need it more.

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You notice that you always make your transaction at the very beginning of the round. Although it's nice to transact every time

Mazyrski [523]

Answer:

you're receiving too small of a gain

Explanation:

Based on the information provided within the question it can be said that offering a price so low that buyers immediately accept it might mean you're receiving too small of a gain. That is because if a buyer is immediately accepting it, then it can be because they realize that it is a great deal and that they will most likely not find a better price anywhere else and immediately decide to buy it from you. Therefore you can be selling it for an increased profit margin by increasing the price.

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3 years ago

Swifty Corporation reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw mater

ale4655 [162]

Answer:

$27,000,000

Explanation:

Cost of Goods Manufactured = Direct Material Used + Direct Labor + Manufacturing Overhead + Opening Work In Progress - Closing Work In Progress

When Direct Material Used = Beginning raw materials inventory + Raw materials purchased + Ending raw materials inventory

Direct Material Used = 300,000 + 1,060,000 - 480,000 = 880,000

Direct Material Used = $880,000

Hence, Cost of Goods Manufactured = 880,000 + 820,000 + 820,000 + 1,080,000 - 900,000

Cost of Goods Manufactured= $27,000,000

Swifty Corporation's cost of goods manufactured for the year is $27,000,000

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3 years ago

The amount of energy absorbed by a vehicle in an impact is related to __________

gogolik [260]

<span>The speed and weight of the vehicle, and whether the object it impacted absorbed any energy. </span>

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3 years ago

Read 2 more answers

When computing the weighted average cost of capital, which of these are adjusted for taxes? a. cost of debt b. both the cost of

ololo11 [35]

Answer:

a. cost of debt

Explanation:

The formula to compute the weighted average cost of capital is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)

Since the payment for the dividend is not entitled to a tax deduction but the payment for interest is entitled to a tax deduction. And, the after-tax is considered for the cost of debt and the same is shown in the formula above

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4 years ago

_______________ ensures that all relevant financial information is reported. (select an option)

Wewaii [24]

Answer:

B. Full disclosure principle

Explanation:

Full disclosure principle ensures that all relevant financial information is reported

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3 years ago