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2 years ago

Writing About Economics

Business

1 answer:

enot [183]2 years ago

4 0

Answer:

Russia and China used to be command economy with the property rights lying solely with the government and the means of production, except labour were owned entirelyby the government. However, the command economy demanded long term planning that needed to be ultra accurate.moreover the system it self gave rise ro bureaucracy and dictatorial regimes, increasing the power centralization and the state corruption and lessening the innovative spirit of the nation.

Capitalism got rid of most of the problems in the command economy. It was accompanied by the democratic reforms in Russia and this led to more transparency. Moreover, the capitalist style social market economy in China introduced private ownership and Entrepreneurship l along with the concept of state owned companies.

In addition, the function of the price mechanism was pivotal as well. Instead of thorough and detailed planning, the resources were distributed by the price and the market demand and supply.

Explanation:

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What are the three main parts to a slide presentations structure? A) thesis statement, supporting evidence, and concluding quote

aleksandrvk [35]

Answer:

D) introduction, body, and conclusion

Explanation:

Slide presentations structure -

A presentation structure and pre- planning is very important for a perfect presentation .

The structure of a presentation comprises of -

an introduction ,

body ,

conclusion .

Introduction -

It is the very first slide of the presentation , which initiates the presentation , and gives a overview of the topics and sub-topics that will be discussed in the upcoming slides .

Body -

It is the portion of the presentation , which have all the information thoroughly explained , this portion may include the maximum number of slides of the presentation .

Conclusion -

It is the last portion of the presentation , which discuss about the about the summary of all the points that were discussed in the body of the presentation , and finally sums up the presentation .

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2 years ago

At the cost-minimizing combination of factors: Select one: a. the MPP of all factors will be equal b. the MFC of all factors wil

kow [346]

Answer:

D) the ratio of MPP to factor price will be the same for all factors

Explanation:

The ratio of marginal physical product (MPP) is calculated by dividing the change in total physical output by change in variable input.

In order to minimize costs, producers must combine factors so that the ratio of MPP to factor price will be the same for all factors. This way the amount of physical product produced with require the constant additions of factors of production, in other words, the marginal cost remains constant.

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2 years ago

Lowden Company has an overhead application rate of 165% and allocates overhead based on direct material cost. During the current

AlekseyPX

Answer:

The amount of overhead that Lowden should be recorded in the current period = 165% * $74,000 = $122,100

Explanation:

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2 years ago

Franz Tress, a cosmetics manufacturing company, offers an annual subscription plan to its customers where the customers have the

aksik [14]

Answer:

The correct answer is letter "A": the loyalty loop.

Explanation:

The loyalty loop describes a process of retaining customers instead of attracting new consumers. Before the purchase takes place, the loyalty loop summarizes the purchasing process has three steps: enjoy, consider, and evaluate. After the purchase, the process involves three steps: enjoy, advocate, and bond. Both processes end up in a buy but the second process ensures the customer develops a commitment with the brand and is unlikely to look for competitors' products.

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2 years ago

Today, sandra will present a report to her class on the top ten income-producing countries in the world. most of the countries t

Radda [10]

The world’s richest countries are mostly found in Europe. Therefore Sandra will be presenting most of the countries located in “Europe”.

One possible factor why Europe is so rich is because of the numerous wars it encountered. Aside from the wealth obtained in the conquest, wars also lead to advancement in technology.

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2 years ago