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.
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Answer:
The numbers of product A must be sold to break-even are 800 units
Explanation:
The break-even point is calculated by using following formula:
Break-even point in units = Fixed expense/(Selling price per unit-Variable expense per unit) = Fixed expense/weighted-average contribution margin per unit = $400,000/$100 = $4,000 units
Elise Corporation has the following sales mix for its three products: A, 20%; B, 35%; and C, 45%.
The numbers of product A must be sold to break-even = $4,000 x 20% = 800 units
I'm spending all of it on the lottery here. Their would have to be a winning ticket somewhere and then once I've secured the bag, I would go from there. It's easier to budget when you have millions so honestly I'm not even trying to be funny here that is what I would do in this made up scenario.
Direct financing occurs when you request for a loan from the same lender—typically a bank or other financial institutions.
In the case of direct financing, you will be given your particular loan or interest rate and informed of the total amount you must pay at the dealership. The adaptability and customizability of direct financing are two of its main benefits. Before or after shopping, you can submit as many loan applications as you like. Plus, when you deal with a lender directly, you have complete control over the procedure.
The fact that direct financing typically requires more time is one drawback. Additionally, make sure to conduct some research to identify your best options.
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Answer:
economic growth is the best means of reducing poverty
Explanation:
The equity-efficiency tradeoff arise at the time when the market productive efficiency is maximized that could result in lower equitable outcomes. In the case when the market is non-equitable so there is non-equal access for wealth and income, good & services
So it is recommended that the economon growth should be considered as the best means for decreasing the poverty