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umka21 [38]
3 years ago
9

A ________economy usually stresses the equality of all citizens. A________ economy aims to be self-sufficient. A ________economy

relies more on bartering than money. In a ________economy, private businesses are encouraged.
A. Closed
B. Command
C. Mixed Market
D. Traditional
Business
2 answers:
Alja [10]3 years ago
5 0

Answer:

Command economy

Closed Economy

Traditional Economy

Mixed Market Economy

Explanation:

A command Economy  stresses the equality of all citizens.e. g Cuba and North Korea

A closed economy aims to be self sufficient with all activities confined to its economy.e.g Brazil's economy.

A traditional economy being the oldest form of economy upholds culture and history and as such relies more on bartering than money. It is mostly common in emerging markets and developing countries.

A mixed economy encourages private businesses with a degree of state monopoly.Example is the USA's economy.

Alex73 [517]3 years ago
3 0

Answer:

A <u>command</u> economy usually stresses the equality of all citizens. A <u>closed</u> economy aims to be self-sufficient. A traditional economy relies more on bartering than money. In a <u>mixed market</u> economy, private businesses are encouraged.

Explanation:

A <u>command</u> economy is an economy in which the government owns and controls the means of production and determine the distribution of output with the aim of achieving he equality of all citizens.

A <u>closed</u> economy is an economy that aims to be self-sufficient by not engaging in foreign trade. That is, there neither import nor export in a closed economy.

A traditional economy relies more on bartering than money. This is because goods are exchanged for goods in a traditional economy instead of using money as a medium of exchange.

In a <u>mixed market</u> economy, private businesses are encouraged. That is, both government and private individuals can own the means of production. This is because it allows private ownership of property and a certain level of economic freedom in the use of capital. However, government is allowed to interfere and participate in economic activities with the aim of achieving social.

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At www.800numbers.com
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4 years ago
If nations such as Germany, Japan, and the United States prohibited international trade in automobiles, a likely effect would be
Musya8 [376]

Answer:

C. the price effect would become a more significant consideration for each firm that makes automobiles.

Explanation:

The situation above is highly related to the topic about "supply" and "demand." If the nations of <em>Germany</em>,<em> Japan</em> and <em>the U.S.A</em>. prohibits the international trade in automobiles, this will result to a<u> surplus of automobile goods within the country.</u> Since these automobiles were meant to be sold abroad, the prohibition will<em> lower its international demand.</em> Such increase in supply will have a significant effect on the price of the automobiles. This is the reason why each firm should have to consider the situation's effect on the price of the automobiles and related goods.

So, this explains the answer.

4 0
4 years ago
At Davide Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. O
soldi70 [24.7K]

Answer and Explanation:

For materials

Equivalent completed units = Completed units + WIP ending

= 111,700 + 20,300

= 132,000 units

Cost of materials = Beginning WIP + Cost of materials added

= 22,300 + 370,000

= $392,300

Cost of material per units = 392,300 ÷ 132,000

= $2.97197

For conversions

Equivalent completed units = Completed units + WIP ending

= 111,700 + 20,300 × 30%

= 117,790 units

Cost of Conversion = Beginning WIP + Cost of conversion added

= 19,700 + 280,000

= $299,700

Cost of conversion per units = 299,700 ÷ 117,790

= $2.54436

Total cost of units completed and transferred out

= 111,700 × (2.97197 + 2.54436)

= $616,174

4 0
3 years ago
From a neoclassical perspective, which of the following would most likely be viewed as an element that underpins long-run produc
Sliva [168]

Answer: Investment in human capital

Explanation:

  The investment in human capital is one of the important element in the economical concept as it helps in developing the growth and productivity of an economy and also expanding the various types of skills, ideas and knowledge.

The human capital is one of the type of intangible asset in an organization that helps in analyzing the economic value on the basis of the employees skills and ability.

 According to the given question, the investment in human capital is one of the long run growth in the economy. Therefore, Human investment capital is the correct answer.  

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3 years ago
Novak Corp. bought equipment on January 1, 2022. The equipment cost $390000 and had an expected salvage value of $35000. The lif
nirvana33 [79]

Answer:

$177,000

Explanation:

In order to find the book value of the equipment we need to find the amount of depreciation per year. To do this we need to subtract the salvage value from the initial cost and then simply divide by 5 which is the life span of the equipment...

(390,000 - 35,000) / 5 = x

355,000 / 5 = x

71,000 = x

Now we see that the equipment will depreciate by $71,000 per year. In three years the depreciation would be

71,000 * 3 = 213,000

Now we simply subtract this value from the initial cost to get the book value in the third year

390,000 - 213,000 = 177,000

7 0
3 years ago
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