All categories

3 years ago

In a command economy:_______

Business

1 answer:

boyakko [2]3 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.

You might be interested in

Cement Company, Inc. began the first quarter with 1,000 units of inventory costing $25 per unit. During the first quarter, 3,000

3241004551 [841]

Answer:

Calculation of Cost of Goods sold under LIFO:

For 3,000 units (3000*40) $120,000

For 400 units (400*25) $10,000

Add: Excess of replacement cost over historical $8,000

cost of LIFO liquidation (400*(45-25))

Cost of Goods sold under LIFO $138,000

Journal entry

Date Account Titles and Explanation Debit Credit

Cost of Goods sold $138,000

Inventory (120000+10000) $130,000

Excess of replacement cost over $8,000

historical cost of LIFO liquidation

3 0

3 years ago

How much would you pay today for an asset that pays $1,000 per month, for 12 months, starting today if the interest rate is 4% A

shutvik [7]

Answer:

Explanation:

Present value of Annuity will be used for this as the future payments are given after equal intervals.

PV of an Annuity = C x [ (1 – (1+i)^-n) / i ]

Where,

C is the cash flow per period

i is the rate of interest

n is the frequency of payments

add given Values in the formula:

$1,000 x [ (1 – (1+4%)^-12) / 0.04 ]= $9387.5 is the Answer

7 0

3 years ago

What motivates high school students to join professional organizations?

miv72 [106K]

It helps them gain confidence and want to do bigger things in the economy

4 0

3 years ago

Read 2 more answers

What is TRUE about non-depository financial institutions?

yKpoI14uk [10]

Non-Depository financial institutions are those institutions that provide various financial assistance. These institutions serves as an intermediaries between borrowers and savers. ... The non-depository financial institutions include commercial banks, credit unions, and saving banks. Therefore, option D is correct

7 0

3 years ago

On January 1, 2013, F Corp. issued 2,000 of its 10%, $1,000 bonds for $2,080,000. These bonds were to mature on January 1, 2023,

Varvara68 [4.7K]

Answer:

F Corp.'s gain or loss in 2018 on this early extinguishment of debt was $16,000

Explanation:

According to the given data we can note that the Bond premium at issue is $80,000

Hence, Amortization of premium through July 1, 2016= $80,000/20 = $4,000 per period$

So, 4,000 x 11 periods= $44,000

There is an Unamortized premium July 1, 2018 $36,000 and Face value of $2,000,000

The Book value July 1, 2018= $2,036,000

Therefore, the Call (redemption) price = $2,000,000 x 1.01= $2,020,000

Therefore, gain or loss in 2018= The Book value July 1, 2018- Call (redemption) price

Gain on extinguishment=$2,036,000 - $2,020,000 = $16,000

3 0

3 years ago