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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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Explain how an enterprise can use functional level strategy to improve 1) efficiency, 2) quality, and 3) customer responsiveness

Eduardwww [97]

Answer:

Explanation:

Functional level strategies can improve a company’s ability to attain superior efficiency, quality, innovation, and customer responsiveness by reducing costs and improving production by ways such as economies of scale, learning effects, marketing strategies or efficient information technologies.

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3 years ago

Felicia invested $25,000 into an account earning 3% annual interest compounded quarterly. she makes no other deposits into the a

katovenus [111]

The answer is $32,716.13 i just took the test and got it right

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3 years ago

Read 2 more answers

Can you help solve my question for business?

UkoKoshka [18]

The balance sheet of Jonathan Shaw can be drawn based on the given data to look as shown below.

<h3>What goes into the balance sheet?</h3><h3 />

The assets will go to the right side of the sheet and the liabilities and equity will go to the left.

Jon's Shop of Gifts Balance Sheet

Assets Liabilities

Cash $2,556 Bank loan $19,000

Accounts Receivable: $450 Accounts Payable - $900

R. Gregory Ceramic supply

Accounts Receivable: $1,860 Accounts Payable - $2,900

R. Gregory Jose's Art Co.

Supplies $1,000 Total liabilities $22,800

Furniture $10,300 Equity

Equipment $20,000 Jonathan Shaw capital $51,166

Automobiles $37,800 Total equity $51,166

Total assets $73,966 Total liabilities and $73,966

equity

The total equity can be found by the formula:

= Total Assets - liabilities

= 73,966 - 22,800

= $51,166

The question is:

Draw up a relevant balance sheet for Jonathan Shaw.

Find out more on balance sheets at brainly.com/question/1113933

#SPJ1

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2 years ago

Preemptive multitasking is the term used when the operating system processes higher-priority tasks before lower-priority tasks.

Olegator [25]

The answer is <u>"a. True".</u>

Preemptive multitasking refers to a task in which a PC operating system utilizes a few criteria to choose to what extent to allot to any one errand before giving another assignment a swing to utilize the working framework. The demonstration of taking control of the working framework starting with one errand and giving it then onto the next assignment is called preempting.

A typical basis for preempting is basically slipped by time (this sort of framework is now and again called time sharing or time cutting). In some operating systems, a few applications can be given higher need than different applications, giving the higher need programs control when they are started and maybe longer time slices.

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4 years ago

In January, Dieker Company requisitions raw materials for production as follows: Job 1 $920, Job 2 $1,170, Job 3 $770, and gener

stiv31 [10]

Answer:

No, Actual manufacturing overhead should not be charged to jobs

Explanation:

Only overheads applied using the pre-determined overheads rate should be charged to the jobs. This is because, charging actual manufacturing overhead to the jobs delays the product costing exercise which needs to be done earlier in the month. The Actual costs are only available at the end of the month.

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3 years ago