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Harman [31]
3 years ago
6

The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you ar

e not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer. (ECON)
Advanced Placement (AP)
2 answers:
tekilochka [14]3 years ago
8 0

Answer:

Explanation:

No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.

Svet_ta [14]3 years ago
4 0
Yes, you can get a higher quality repair guy. Or you could get another cheaper plow that is high quality, so you don't need it fixed again.
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Answer:

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A bond can be defined as a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.

Generally, a bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.

Coupon bonds also known as bearer bonds can be defined as a debt instrument which typically has a coupon (detachable paper slip) attached to represent the periodic interest payments made semiannually or annually depending on the arrangement.

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