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4 years ago

What is an economic system? Give two examples.

Business

2 answers:

Alexeev081 [22]4 years ago

8 0

Answer:

An economic good is a physical object or service that has value and can be sold; some examples include bananas, toys, haircuts, and cars. Economic systems are the means by which countries and governments distribute resources and trade goods and services. They are used to control the five factors of production, including labor.

Explanation:

Anit [1.1K]4 years ago

6 0

Answer:

<h2>there are many economic system used throug the world.some example are socilaism,communism,and cappitism the United States has capitlastic system</h2><h2> $mark \: me \: brailest$ </h2>

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On the first day of the fiscal year, a company issues an $882,000, 8%, five-year bond that pays semiannual interest of $35,280 (

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Answer and Explanation:

The journal entry is shown below:

Interest Expenses $ 40,570

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3 years ago

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Answer:

b. To ensure strict hierarchical control of the organization.

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3 years ago

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Answer:

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Explanation:

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I hope you find this information useful and interesting! Good luck!

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Total manufacturing costs=direct material+direct labor+manufacturing overhead

Calculate direct labor
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Total manufacturing costs=
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