The economic system in which the state controls the economy is called

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

Alex787 [66]

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.

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4 0

3 years ago

Read 2 more answers

An increase in the stock of capital makes the aggregate productionfunction:a. steeper.b. flatter.c. shift up.d. shift down.e. st

ehidna [41]

Answer:

The correct answer is option c.

Explanation:

The aggregate production function shows the relationship between the total economic output and the amount of inputs used.

Keeping other things constant, an increase in the stock of capital will cause the the production function to move upwards. This shows that the economy will be able to produce more output.

5 0

3 years ago

During 2021, its first year of operations, Ashbaugh Industries recorded sales of $21,000,000 and experienced returns of $1,400,0

Yuliya22 [10]

Answer:

Credit to refund liability of $280,000.

Explanation:

The year end adjusting entry would be

Sales Return $280,000 ($21 million × 8% - $1,400,000)

Refund Liability $280,000

(Being the anticipated sales return is recorded)

Here the sales return is debited as it increased the sales return and the refund liability is credited as it increased the liabilities

The same is to be considered

5 0

3 years ago

the Quality Control element most directly related to assuring that the company has sufficient personnel with needed competence,

Marat540 [252]

Answer:

Human resources (HR).

Explanation:

The Quality Control element most directly related to assuring that the company has sufficient personnel with needed competence, capabilities, and commitment is Human resources (HR).

Human resources (HR) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Hence, human resources managers are saddled with the responsibility of managing and improving the welfare and working conditions of the employees working in an organization.

5 0

3 years ago

On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,687; Accounts Receivable,

Agata [3.3K]

Answer:

The amount of stockholders' equity as of July 1 of the current year is $39,994

Explanation:

In John Wong, DVM, on July 1 of the current year:

Total asset = Cash + Accounts Receivable + Supplies + Land = $10,687 + $8,307 + $1,853 + $24,857 = $45,704

Liabilities = Accounts Payable = $5,710

Basing on accounting equation:

Total asset = Liabilities + Stockholders' Equity

Stockholders' Equity = Total asset - Liabilities = $45,704 - $5,710 = $39,994

7 0

3 years ago