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2 years ago

Which of the following is another term for a planned economy?

Business

1 answer:

Cloud [144]2 years ago

6 0

The correct answer would be option C, Socialist System.

Socialist system is another term for a planned economy.

Explanation:

An economic system, in which the economy(including investment, capital and allocation of capital goods) is governed by a predefined economic and production plans, is called as the Planned Economy, socialist economy, or the command economy.

The system of planning in this economic system can either be centralized, decentralized or participatory.

This economic system is regulated by the Government. All decisions about the capital, lands, buildings, machinery, or other resources are taken by the government.

The production, prices, distribution, etc of the products or services are regulated centrally by the government.

Learn more about Planned Economy at:

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Milo decides to invest $1,500 in a savings account every year at the beginning of the year for 10 years. Assuming an interest ra

irina1246 [14]

Answer:

$22,175.40

Explanation:

For this question, we use the Future value formula that is shown on the attachment below:

Provided that,

Present value = $0

Rate of interest = 7%

NPER = 10 years

PMT = $1,500

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $22,175.40

Therefore, the amount at the end of the year is $22,175.40

4 0

2 years ago

Richard likes to smoke tobacco from a pipe. However, he is very particular about which pipes he uses. He will only buy pipes mad

katovenus [111]

The type of consumer product that this represent is: Specialty product.

<h3>What is specialty product?</h3>

A specialty product is a consumer product that a person tend to buy or purchase because the product are specially made or because the buyer like the unique features of the product.

A consumer may choose to spend heavily on a product that are more expensive or tend to buy a particular products or brand because they like the product or because the product gives them what they want.

Inconclusion the type of consumer product that this represent is: Specialty product.

Learn more about specialty product here:brainly.com/question/7062667

8 0

2 years ago

Shelhorse Corporation produces and sells a single product. Data concerning that product appear below:

zloy xaker [14]

Answer:

See explanation section.

Explanation:

Requirement 1

At first we have to find the original net income.

Shelhorse Corporation

Contribution format income statement

For the year ended, December 31, 20YY

Sales Revenue (6,100 × $260) = $1,586,000

Less: Variable expense (6,100 × $91) = $555,100

Contribution Margin = $1,030,900

Less: Fixed Expense $366,000

Net Operating Income = $664,900

Requirement 2

As the marketing manager believes that a $23,000 increase in the monthly advertising budget would result in a 150 unit increase in monthly sales, the new sales volume = 6,100 + 150 = 6,250 and new fixed expense = $366,000 + $23,000 = $389,000

Shelhorse Corporation

Contribution format income statement

For the year ended, December 31, 20YY

Sales Revenue (6,250 × $260) = $1,625,000

Less: Variable expense (6,250 × $91) = $568,750

Contribution Margin = $1,056,250

Less: Fixed Expense = $389,000

Net Operating Income = $667,250

The effect on the company's monthly net operating income of this change = $667,250 - $664,900 = $2,350

5 0

3 years ago

What is an example of digital citizenship

shusha [124]

The answer is C. Email Etiquette

5 0

2 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

2 years ago