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2 years ago

In a command economy:_______

Business

1 answer:

boyakko [2]2 years ago

5 0

Answer:

Option d

Explanation:

Command economies also recognized as a planned economy have as their core tenet that national government administrators own or operate a business within a nation.

A command economy refers to the mechanism in which the government determines what products should be manufactured, how much should be manufactured and the value at which the products are offered for sale, rather than the free market.

Thus, from the above we can conclude that the correct option is D.

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Answer:

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3 years ago

Read 2 more answers

Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May

posledela

Answer:

Cost per Equivalent units

$85.75 $34.50 $172.50 $292.75

Explanation:

Computation for the cost per equivalent unit for materials, labor, overhead, and in total

Materials Labor Overhead

Work in process, May 1 $14,550 $23,620 $118,100

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3 years ago

How could a mixed economy incorporate aspects of both market and command

bonufazy [111]

Answer:

It's a magnificent combination of capitalism and socialism.

Explanation:

A mixed economic structure safeguards private property and enables for a degree of economic independence in the usages of resources and also requires governments to intervene in economic initiatives to achieve social objectives. Although the market forces make a decision on costs, demand, supply, etc., there is some government involvement to avoid monopolistic practices and institutional discrimination. There is the independence of economic operation and government involvement with social security under this scheme.

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3 years ago