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Natalija [7]
3 years ago
14

Explain the difference between socialism and a pure command economy

Business
1 answer:
AleksandrR [38]3 years ago
4 0
Command economies have public enterprises where the government controls everything including business and production. In socialism, the means of production, distribution, and exchange are owned or regulated by the community as a whole. 
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Determine the total assets of Novak Corp. at December 31, 2020.
andreyandreev [35.5K]

Answer: $76,220

Explanation:

Total Assets = Current Assets + Fixed Assets

Current Assets = Cash + Accounts Receivable

= 13,320 + 19,980

= $33,300

Fixed Assets = Equipment = $42,920

Total Assets = 33,300 + 42,920

= $76,220

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3 years ago
Select the correct answer.
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geniusboy [140]

Answer:

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________ are the per-unit costs of production that will fluctuate depending on how many units or individual products a firm prod
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Variable costs are the per-unit costs....
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