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Xelga [282]
3 years ago
11

Javier left his home country to become a gardener for a family in a suburb of San Francisco, California. One of the benefits of

his new job is he can attend the community college near the family's home. However, when he arrived, he experienced the differences from a predominantly socialist nation and a capitalist nation. Javier was dismayed to learn that public transportation in California was limited and expensive, making it difficult to get to school. For a negligible fee, the government in his home country provided public transportation for everyone. Javier's home country's economic system was more characteristic of ___________.
Business
1 answer:
mario62 [17]3 years ago
8 0

Answer: socialist economic system

Explanation: In simple words, a socialist system refers to the system in which the forces of demand and supply are heavily controlled by the government. In such economies, the goods and services are produced with an objective of social welfare and not generation of profit like in capital economy.

In the given case, the home country of Javier provided the service of public transportation at lower prices unlike in California.

Hence from the above we can conclude that the correct answer is socialist economic system.

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The following are budgeted data: January February March Sales in units 16,900 23,800 19,900 Production in units 19,900 20,900 20
horrorfan [7]

Answer:

Purchases= 20,675 pounds

Explanation:

Giving the following information:

Production:

Feb= 20,900

Mar= 20,000

One pound of material is required for each finished unit.

Desired ending inventory= 25% of the following month's production needs.

<u>To calculate the purchase required for February, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 20,900 + (20,000*0.25) - (20,900*0.25)

Purchases= 20,675

7 0
3 years ago
Find the total cost, rounded to the nearest cent, of 3.9 pounds of corned beef at $5.49 per pound and 4.6 pounds of pastrami at
Vanyuwa [196]

Answer: $44.18

Explanation:

Given the following :

Cost of corned beef per pound = $5.49

Cost of pastrami per pound = $4.95

Pound of corned beef = 3.9 pounds

Pound of pastrami = 4.6 pounds

Therefore ;

Total cost = (cost per pound × number of pound)

Total Cost of corned beef = 3.9 × $5.49 = $21.411

Total cost of pastrami = 4.6 × $4.95 = $22.77

Total cost of corned beef and pastrami :

$21.411 + $22.77 = $44.181

$44.18

8 0
4 years ago
Other things the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar Group of an
salantis [7]

Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.

<h3>What is the exchange rate?</h3>
  • An exchange rate is a rate at which one currency is exchanged for another in finance.
  • Currencies are most typically national currencies, although they can also be sub-national, as in Hong Kong, or supra-national, as in the euro.
  • The value of one country's currency in respect to another currency is also referred to as the exchange rate.
  • Other things remain constant, if the exchange rate increases from 20 pesos to 30 pesos, the dollar appreciates and buys more Mexican items.

Therefore, other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.

Know more about exchange rates here:

brainly.com/question/2202418

#SPJ4

The correct question is given below:

Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar ________.

The group of answer choices

(A) appreciates and buys more Mexican goods.

(B) appreciates and buys fewer Mexican goods.

(C) depreciates and buys more Mexican goods.

(D) depreciates and buys fewer Mexican goods.

7 0
2 years ago
The Express Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $ 451 comm
KonstantinChe [14]

Answer:

(1) $1,230,000

(2) 110,000 customers

Explanation:

Given that,

Fixed cost = $451,000 per year

Average sales check per customer = $ 8.20

Average cost of food and other variable costs for each customer = $ 4.10

Income tax rate = 30​%

Target net income = $114,800

(1) Contribution margin ratio:

= (Selling price - Variable price) ÷ Selling price

= ($ 8.20 - $ 4.10) ÷ $ 8.20

= 0.5

Income before tax:

= Net income ÷ (1 - Tax rate)

= $114,800 ÷ (1 - 0.3)

= $164,000

Desired revenue (dollars):

= (Fixed cost + Income before tax) ÷ Contribution margin ratio

= ($451,000 + $164,000) ÷ 0.5

= $1,230,000

(2) Customers are needed to break​ even:

= Fixed cost ÷ contribution per unit

= $451,000 ÷ ($8.20 - $4.10)

= $451,000 ÷ $4.10

= 110,000 customers

8 0
3 years ago
Riley, the manager of the telecommunications department at InfoMedia Inc., posts updates on the company's online bulletin board
k0ka [10]

Answer: A. Encoding

Explanation:

Encoding is defined as the means off creation of a messages which you want to communicate with other person.

6 0
3 years ago
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