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3 years ago

How is the russian economy adjusting to the difficulties of a centrally planned economy?

2 answers:

8 0

When we say centrally planned economy, this means that the economy is being controlled and managed by the government rather than the individual businesses between the owners and the consumers. There was a time that the Russian economy found it difficult to adjust and the way how they adjusted is by modifying the economy. The modification included free market practices which enabled individual owners to gradually balanced their businesses.

kompoz [17]3 years ago

5 0

Answer:

it is modifying the economy to include some free market practices

Explanation:

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A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $12 per hour and capi

Alex777 [14]

The firm should decrease the amount of capital used.

Solution:

The wage rate is $12 per hour and capital is rented at $8 per hour.

The marginal product of labour is 45 units of output per hour and the marginal product of capital is 65 units of output per hour.

A manager hires labour and rents capital equipment in a very competitive

market.

The ratio of marginal product of labour and wage rate

= $\frac{45}{12}$

= 3.75

The ratio of marginal product of capital and rent

= $\frac{65}{8}$

= 8.125

If the cost ratio is higher, it means that the boss must minimize the volume of money involved in the manufacturing process.

5 0

3 years ago

Tina's Tunes is a music store that has been selling CDs for 20 years. Throughout the last six years, sales have continuously d

goblinko [34]

Answer:

Tina's Tunes is likely to fail because it is ignoring the technological environment.

Explanation:

Technological Environment Technological change can have impact on the decisions taken by business.

Technological change can involve:

– New process of production: new ways of doing things which rises productivity of factor inputs, as with use of robotics in car assembly techniques which has dramatically raised output per assembly line worker. For example around 80% of technological change has been process innovation.

– New products: For example, online banking and many new financial services are direct result of advances in micro processor based technologies.

A firm, which is unable to cope with the technological changes, may not survive.

3 0

3 years ago

A Security Classification Guide (SCG) is:

Rudik [331]

Answer: A Security Classification Guide (SCG) is part of the Program Protection Plan. A program protection plan is a document that keeps all protection efforts in one area for ease of use. This plan is used by the military to include all critical information by outlining content that may be needed in the event of protection.

8 0

3 years ago

The supervisors of the production division of one of the branches of Georgia Mills have been informed of some irregularities not

lbvjy [14]

Answer:

C) problem-solving

Explanation:

Problem-solving team -

The group of people that assemble to work on a project which involves the resolution of one or more problems or issues , which arises to deal effectively with issues .

For a business , a problem - solving team team is assembled for a small period of time to resolve a particular time .

Hence , from the information of the question , the correct answer is problem-solving team .

8 0

3 years ago

Heatherbrae Co. uses the units-of-production method to estimate depreciation. The company purchased a new machine for $48,000 th

FrozenT [24]

Answer:

Depreciation per unit= 0.133 (Approx)

Explanation:

Given:

Cost of machine = $48,000

Total unit produced = 330,000 units

Residual value of the machine = $4,000.

Depreciation rate per unit = ?

Computation of depreciation rate per unit:

Depreciation per unit = (Cost of machine - Salvage value) / Total unit produced

Depreciation per unit= ($48,000 - $4,000) / 330,000 units

Depreciation per unit= ($44,000) / 330,000 units

Depreciation per unit= 0.133 (Approx)

7 0

3 years ago