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3 years ago

When compared to a mixed-market economy, a command economy typically has

Business

2 answers:

Alex787 [66]3 years ago

4 0

Correct answer choice is:

<h2>B. more government control over production.</h2><h3>Explanation:</h3>

A command economy is a regularity where the government, rather than the free market, decide what assets should be manufactured, how enormously should be manufactured and the amount at which the assets are allowed for trade. It also fixes finances and interests. The command economy is a fundamental characteristic of a communist nation.

<h2 />

ASHA 777 [7]3 years ago

3 0

When compared to a mixed-market economy, a command economy typically <u>has more government control over production</u>.

A command economy is a type of an economy system in which centralized government has bigger control over the economic system.
Mixed market economy is a type of economy that free of government interference with exceptions of crucial sectors such as defense and transport.

<h2>Further Explanation:</h2>

Economic system of a country refers to the manner in which resources that are scarce are distributed within the economy of that country.

<h3>Command economy </h3>

This is a type of economy in which a centralized power controls the bigger part of the economic system.
This type of economy creates a healthy supply of resources and rewards to people at prices that are affordable. Critical utilities such as aviation, railroads, etc. are owned by the government.
Therefore, personal ownership of property is prohibited in this type of economy.

<h3>Mixed-market economic system </h3>

It is a combination of command economic system and market economy.
The market in this case is less free of government interference with the exceptions of crucial areas such as defense and transport.
This type of economic system incorporates capitalist and socialist policies.

<h3>Other types of economy system</h3><h3>Market Economic system </h3>

This is a free market economy in which households and firms determine how resources are allocated and what goods are produced and who the buyers are.
There is a separation of the government and the market which prevents the government from becoming too powerful.

<h3>Traditional economic system </h3>

It is a type of economic system where a surplus is rare since each member has a more specific role. They system is closely associated to land through farming.
These type of economic system or societies are socially satisfied. However, this type of economic system lack access to technology and medicine.

Keywords: Economic system, Command economy, mixed market economy

<h3>Learn about</h3>

Economic system: brainly.com/question/11008356
Function of economic system: brainly.com/question/11008356

Command economy: brainly.com/question/11008356
Mixed market economy: brainly.com/question/11008356

Level; High school:

Subject: History

Topic: Economic system

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Some part of income inequality is likely to be the result of discrimination. But other factors responsible for inequality includ

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Answer:

Differences in abilities and talents

Explanation:

Income inequality refers to variation or discrepancy between income levels of individuals. Income inequality arises on various accounts one of which being, difference in abilities and talents.

All individuals possess different skill sets and their efficiencies vary too. Some individuals are more creative and talented than others while some are more laborious and hardworking.

Each skill set has it's own demand and thus, income is fixed as per the demand of a particular skill set for a given sector.

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3 years ago

You talk to Kenji, the Japanese manager of the Swedish plant. He says the workers are uncooperative and do not carry out the ins

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Answer:

Explanation: Cultural differences can affect the workplace and how employees cooperate. In a business it is crucial to determine employers and employees' cultural differences to decipher how these differences can be incorporated into the work place so that everyone can operate cohesively.

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It is important to note that Sweden is a low - context culture. This means that Swedish people communicate information in explicit and direct ways. Facial expressions, gesture and other forms of non verbal communication aren't heavily used or taken into consideration when communicating, and people often communicate verbally only, to get taken their points across. Japan however is a high context culture and relies on non - verbal cues such as traditions and context to communicate information.

Because of the different cultural contrasts Kenji should consider providing more clearer, more verbal (and less ambiguous) instructions to his employees so that communication is better understood by all the parties involved.

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3 years ago

You own a portfolio that is 31 percent invested in Stock X, 46 percent in Stock Y, and 23 percent in Stock Z. The expected retur

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Answer: 13.53%

Explanation:

The expected return on the portfolio will be calculated by multiplying the investment in each stock by the expected return of the stocks. This will be:

= (31% × 11%) + (46% × 14%) + (23% ×16%)

= 3.41% + 6.44% + 3.68%

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3 years ago

A small market orders copies of a certain magazine for its magazine rack each week. Let X 5 demand for the magazine, with pmf Su

Oksanka [162]

Answer:

See explanation below.

Explanation:

Let X the random variable that represent the demand for the magazine, the pmf for X is given by:

X 1 2 3 4 5 6

P(X) 1/15 2/15 3/15 4/15 3/15 2/15

3 magazines

For this case the total spent is 2*3 = $ 6

And the net revenue for this case would be:

$4-$6 = -$2 , X=1 (demand 1)

$4*2-$6 = $2 , X=2 (demand 2)

$4*3-$6 = $6 , X=3 (demand 3)

For the values of X=4,5,6 the net revenue will be $6 since the number of magazines is 3

And the expected value for the net revenue would be:

$E(R) = \frac{1}{15} *(-2) +\frac{2}{15} *(2) +\frac{3}{15}*(6) + \frac{4}{15}*(6) +\frac{3}{15}*(6) +\frac{2}{15}*(6) = \frac{74}{15}=4.93$

4 magazines

For this case the total spent is 2*4 = $ 8

And the net revenue for this case would be:

$4-$8 = -$4 , X=1 (demand 1)

$4*2-$8 = $0 , X=2 (demand 2)

$4*3-$8 = $4 , X=3 (demand 3)

$4*4-$8 = $8 , X=4 (demand 4)

For the values of X=5,6 the net revenue will be $8 since the number of magazines is 4

And the expected value for the net revenue would be:

$E(R) = \frac{1}{15} *(-4) +\frac{2}{15} *(0) +\frac{3}{15}*(4) + \frac{4}{15}*(8) +\frac{3}{15}*(8) +\frac{2}{15}*(8) = \frac{80}{15}=5.33$

As as we can see we have a higher expected value for the case with 4 magazines.

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3 years ago

Sankey Co. has earnings per share of $3.95. The benchmark PE is 18.8 times. What stock price would you consider appropriate

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Answer:

Stock price = $74.26

Explanation:

<em>The value of a share can be determined using the price earning ratio model. According to this model, the price of a share is estimated as the EPS of the company multiplied by a representative (benchmark) price- earning (P/E) ratio</em> .

The ratio relates the price of a stock to its earning. A stock with a higher P/R indicates a high potent for growth.

Price of stock =Earnings per share( EPS) × benchmark P/E ratio

The appropriate comparative price earnings ratio in the question has been given as 18.8 times.

DATA-

EPS- 3.95

PE- 18.8

Stock price = 3.95 × 18.8= $74.26

Stock price = $74.26

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3 years ago