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2 years ago

In a command economy, who decides what goods will be produced?

Business

1 answer:

mylen [45]2 years ago

4 0

In a command economy, it is the b) government who decides what goods will be produced.

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Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls,

Lelechka [254]

Answer:

1.33 walls

1 wall

Explanation:

Tradeoff is the opportunity cost of taking a particular decision

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

My doing he outlet, the opportunity to paint is forgone

Amy = 8/6 = 1.33

Bill = 5/5

3 0

2 years ago

A small wine and cheese store in Milwaukee sells dozens of different type of cheese: Bulgarian, French, Danish, Greek, and a dom

agasfer [191]

The domestic variety is cheaper because there is no import duties or no charges imposed on it because of the import from other countries.

<u>Explanation:</u>

A country produces a lot of goods and services in it's own economy using the resources which are present in it's own country. But the goods and the services that are not available in the country but are demanded by the citizens of the country are imported from other countries.

When these goods and services are imported from other countries then there is an imposition of duties or taxes on those goods making the charges of those goods high. With the transportation of the goods from one country to the other, then also some cost is imposed on the good. This increases the cost or the price of the good.

5 0

3 years ago

Identify strategies to promote the development of the human resources field in business

Naya [18.7K]

Answer:

Develop a thorough understanding of your company’s objectives
Evaluate your HR capability
Analyze your current HR capacity in light of your goals
Estimate your company’s future HR requirements
Determine the tools required for employees to complete the job
Implement the human resource management strategy
Evaluation and corrective action

3 0

2 years ago

Spouse: “I know that you get angry a lot. I’m sure that pretty soon you will hit me or something. And what are we gonna do when

Arlecino [84]

That is rude and you might hurt their feelings maybe you will be the one running them out of the house

7 0

2 years ago

Read 2 more answers

Montross Lumber processes wood to be shipped to construction companies. In order to keep its products uniform, Montross conducts

tiny-mole [99]

Answer:

$450

Explanation:

Activity based costing is the process by which a business allocates cost on the basis of the number of times an activity is carried out.

For example if different departments use a photocopier to copy 3,000, 5,000, and 2,000 sheets. The total cost will be allocated based on amount of activity per department.

In this instance

Total number of boards= 36,000

Inspections= 5% of the total

Inspection cost= $15 per hour

Percentage that will be inspected= 0.05 * 36,000 = $1,800

It takes one minute to inspect each board, there are 60 minutes in one hour. So 60 boards are inspected in one hour.

Number of inspection hours= 1,800 ÷ 60= 30 hours

Total cost of inspection= Cost per hour * Number of hours

Total cost of inspection= 15 * 30= $450

7 0

3 years ago