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Soloha48 [4]
4 years ago
13

List three reasons why a price-based system works more efficiently than central planning.

Business
1 answer:
pogonyaev4 years ago
6 0
<span>Three reasons a price-based system works more efficiently than central planning are flexibility, a larger selection of goods, and resources are used entirely. 

</span><span>Price based systems are more efficient because the demand from a product determines its price. Only enough product is produces that the market demands. Excess surpluses are not generated in a price based system.</span>
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For the final piece of your Portfolio Project, you will reflect upon the course and how it directly relates to your future workp
mafiozo [28]

Answer:

Answer of the question :

"For the final piece of your Portfolio Project, you will reflect upon the course and how it directly relates to your future workplace. This reflection will be delivered as a Word document 1-2 pages in length. For this reflection: a) Analyze the importance of this project to your future career. b) In your own words reflect on how this project meets the Program and Institutional outcomes as stated on the first page."

is explained in the attachment.

Explanation:

Download pdf
4 0
4 years ago
Laws Corporation is considering the purchase of a machine costing $16,000. Estimated cash savings from using the new machine are
mario62 [17]

Answer:

We can say the rate is close enought to 14%

Explanation:

tthe IRR will be the rate at wich the NPV is zero

The cash flow are an annuity of 4,120 for 6 years

NPV = present value of cash flow - investment

 0    =  PV of annuity - investment

 0  = PV of annuity - 16,000

PV = 16,000

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C    4120

time  6

rate       IRR

4120 \times \frac{1-(1+IRR)^{-6} }{IRR} = 16,000\\

We divide the PV by the annuity to get the annuity factor

16,000 / 4,120 = 3,88349

We can look into the annuity table for a factor at time = 6 close to this figure

we have

14% factor of 3.889

15% factor of 3.784

We can say the rate is close enought to 14%

8 0
4 years ago
Allstar Exposure designs and sells advertising services to small, relatively unknown companies. Last month, Allstar had sales co
Aloiza [94]

Answer: The answer is Net income $180,000

Explanation:

All star Exposure

Monthly income Statement

$ $

Sales. 475,000

Less: Expenses

Sales commission 42,000

Technology cost 71,000

Research & Development cost 140,000

Selling Expenses 12,000

Administrative Expenses 30,000

---------------------

(295,000)

---------------------

Net income. 180,000

-----------------------

The All star income statement has no line item for cost of good sold because cost of good sold is a direct cost incurred by All star Exposure on the goods sold. it does not appear as part of the expenses in the income statement.

5 0
3 years ago
Did I click THE RIGHT ONE CAN SOMEONE HELP ME OUT PLEASE
xeze [42]

Answer:

what did you click

Explanation:

3 0
3 years ago
During a resuscitation, the team leader assigns team roles and tasks to each member. You recognize that a task has been overlook
GalinKa [24]

Answer:

fill that overlooked role

Explanation:

In a scenario such as this one, the most appropriate action would be to fill that overlooked role. During a resuscitation, every second counts and all the members of a team are trained to handle these situations, therefore if a role has been overlooked by the team leader the other members need to fill that role as quickly as possible as long as they are not currently occupied with another role. Doing so will save time and potentially a life.

4 0
4 years ago
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