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3 years ago

How do communist and socialist political theories differ from each other?

1 answer:

4 0

A communist political party governed directly by the people and in a socialist political party the government would be in charge.

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In a perfectly competitive market, all producers sellidentical goods or services. Additionally, there arefew buyers and sellers.

Katen [24]

Answer:

false

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

While the market for lettuce sells identical items, there are many buyers and sellers

7 0

3 years ago

To create a balanced budget, one must balance needs against what

mamaluj [8]

To create a balanced budget, one must balance needs against wants.

In order to Create a balanced budget you should:

1. Keep track of your financial gain and expenses.
2. Stay on top of your monthly bills.
3. Be ready for surprising expenses.
4. Not overspend.
5. Figure out what quantity you wish to save lots of to satisfy your monetary goals.

8 0

3 years ago

Read 2 more answers

The Hawthorne studies began as the type of experiment recommended by Scientific Management. Researchers were trying to find the

3241004551 [841]

Answer:

George Elton Mayo

Explanation:

Based on the scenario being described within the question it can be said that the individual being mentioned is George Elton Mayo. Mayo was an Australian Psychologist who was born on December 26, 1880. Mayo greatly contributed to the creation of the management theory which helped establish modern human relations management methods as well as creating the frame and focus on social dynamics.

5 0

3 years ago

Read 2 more answers

Sheryl Hansen started a business on May 1, 20--. Analyze the following transactions for the first month of business using T acco

slava [35]

Answer:

Sheryl Hansen

T- Accounts

Cash

Account Titles Debit Credit

a. Sheryl Hasen, Capital $3,100

b. Equipment $500

d. Accounts Payable 300

e. Sheryl Hasen, Drawings 700

Sheryl Hasen, Capital

Account Titles Debit Credit

a. Cash $3,100

Equipment

Account Titles Debit Credit

b. Cash $500

c. Accounts Payable 800

Accounts Payable

Account Titles Debit Credit

c. Equipment $800

d. Cash $300

Sheryl Hasen, Drawings

Account Titles Debit Credit

e. Cash $700

Explanation:

a) Data and Analysis:

a. Cash $3,100 Sheryl Hasen, Capital $3,100

b. Equipment $500 Cash $500

c. Equipment $800 Accounts Payable $800

d. Accounts Payable $300 Cash $300

e. Sheryl Hasen, Drawings $700 Cash $700

4 0

3 years ago

Unique Stores common stock pays a constant annual dividend of $1.75 a share. What is the value of this stock at a discount rate

tatyana61 [14]

Answer:

the value of the stock is $13.21 per share

Explanation:

The computation of the value of the stock is shown below:

The Value of the stock is

= Constant annual dividend ÷ discount rate

= $1.75 ÷ 0.1325

= $13.21 Per share

Hence, the value of the stock is $13.21 per share

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0

3 years ago