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Anton [14]
3 years ago
12

Country A has an absolute command economy. Country B has a mixed economy and a population that favors market trade. Both want to

increase trade to generate more wealth. Which action would Country B most likely take that Country A would not?
A) Impose stricter divisions of labor
B) Increase production quotas
C) Loosen certain trade regulation
D) Permit limited private ventures
Business
1 answer:
inna [77]3 years ago
8 0

Answer:

D) Permit limited private ventures

Explanation:

An absolute command economy will not permit limited private ventures since it is practicing a socialist or communist political and economic system. In a socialist system all means of production is controlled by the state and liberty to private enterprise is restricted.

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The records of Norton, Inc. show the following for July. Standard labor-hours allowed per unit of output 1.2 Standard variable o
ruslelena [56]

Answer:

Direct labor rate variance = $162,000 U

Direct labor efficiency variance = $48,000 U

Variable overhead rate variance = $240,000 F

Variable overhead efficiency variance = $72,000 U

Explanation:

As per the data given in the question,

Direct labor efficiency variance = (Standard hour - Actual hour) × Standard rate

-$48,000 = (60,000 * 1.2 - 73,600) × Standard rate

Standard rate = -$48,000 ÷ -1,600

= 30

Direct labor rate variance = (Standard rate × Actual hour - Direct labor)

= (30 × 73,600 - $2,370,000)

= -$162,000

= $162,000 U

Direct labor efficiency variance = $48,000 U

Variable overhead rate variance = (Direct labor hour × Actual hour - actual variable overhead)

= ($45 × 73,600 -$3,072,000)

= $240,000 F

Variable overhead efficiency variance = (72,000 - 73,600) × $45

= $72,000 U

3 0
3 years ago
After the purchase of a new car, Johanna Morales had the feeling that she made an awful mistake in terms of paying too much for
alukav5142 [94]

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is a concept of social psychology and is described as the discomfort which is felt by a person who is having conflict in values and ideas. The people in this state feel guilt, embarrassment and anger. There is a motivational drive in humans to reduce the dissonance.

Leon Festinger developed theory of cognitive dissonance to predict and explain the peoples reaction to various situations. This theory states that people have prejudice  to get  agreement between what they expect and the reality.

8 0
3 years ago
which of the following describes an important difference between general partnership and limited partnerships
dexar [7]
The main difference between a general partnership and a limited partnership is that "<span>A general partnership has unlimited liability for all partners while a limited partnership has limited liability." In addition, the liability of the personal assets in a general partnership is its obligation.</span>
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3 years ago
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¿A partir de que documento se genera el COVE?
Natasha2012 [34]
Sorry would love to help but Translation plz???
8 0
2 years ago
12–2. Offer and acceptance. Schmidt, the owner of a small business, has a large piece of used farm equipment for sale. He offers
Fiesta28 [93]

Answer:

Schmidt, the owner of a small business, has a large piece of used farm equipment for sale. He offers to sell the equipment to Barry for $10,000. Discuss the legal effects of the following events on the offer:  

• Schmidt dies prior to Barry’s acceptance, and at the time he accepts, Barry is unaware of Schmidt’s death.  

• The night before Barry accepts, fire destroys the equipment.  

• Barry pays $100 for a thirty-day option to purchase the equipment. During this period, Schmidt dies, and later Barry accepts the offer, knowing of Schmidt’s death.  

• Barry pays $100 for a thirty-day option to purchase the equipment. During this period, Barry dies, and Barry’s estate accepts Schmidt’s offer within the stipulated time period.

Explanation:

A contact is a binding agreement between two or more people.

Schmidt dies prior to Barry’s acceptance, and at the time he accepts, Barry is unaware of Schmidt’s death: Schmidt's death would normally null this offer but because Barry is unaware of his death at the time of acceptance, and the offer is not for a personal service, the offer holds.

The night before Barry accepts, fire destroys the equipment: there is no binding contract before a buyer accepts an offer.  

Barry pays $100 for a thirty-day option to purchase the equipment. During this period, Schmidt dies, and later Barry accepts the offer, knowing of Schmidt’s death: The option keeps the offer alive regardless of Schmidt’s death as long as Barry paid for the option .

Barry pays $100 for a thirty-day option to purchase the equipment. During this period, Barry dies, and Barry’s estate accepts Schmidt’s offer within the stipulated time period: the death of the offeree, in this case Barry, would normally nullify the offer but due to the option and the acceptance within the stipulated time,  the offer holds.

5 0
3 years ago
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