The missing words in the statement are Market Economy and Command Economy. In the statement, it described the Command Economy as one of the economic systems which the government is dominant in the decision. But it contradicts with the Market Economy, it allows the individuals or firms to make a decision in the economy.
Answer:
The percentage of people with annual incomes below the poverty line in Econville is 60%
Explanation:
The poverty line is the level of income below which the person earning is considered as Poor.
Poverty line = $16,000
All the people earning less than $16,000 are considered as the people with annual income below the poverty line.
People below poverty line = All the people eaning below $16,000 = High school student + undergraduates + retiree
People below poverty line = 1,000 + 1,000 + 1,000 = 3,000
Total Population = 5,000
Percentage of people with annual incomes below the poverty line in Econville = ( People having income below $16,000 / Total population ) x 100 = ( 3,000 / 5,000 ) x 100 = 60%
Answer:
A stakeholder analysis sheet helps us to identify, evaluate and prioritize, and understand our stakeholders' needs.
Explanation:
Firstly, a stakeholder analysis sheet helps us to identify our stakeholders. It gives a detailed list of all stakeholders in an organization.
Furthermore, a stakeholder analysis sheet helps to examine and prioritize our stakeholder, stakeholders are classified as primary and secondary.
Lastly, stakeholder analysis document helps us to know the need of the stakeholders, especially our key stakeholders.
Answer:
b. complement goods
Explanation:
Complement goods -
These are the type of goods , that are related to each other in a certain manner , is referred to as complement goods.
These type of good are also referred to as paired goods or associated goods .
In case of complement goods , if a person buys first good , then he might require the second good too.
These goods can even alters the prices of each other .
For example ,
people buying a CD player , need to buy the corresponding CD too , and hence ,
CD player and CD are complement goods.
Hence , from the given scenario of the question,
The correct option is b. complement goods .
A complementary good is a good whose use is related to the use of an associated or paired good. Two goods (A and B) are complementary if using more of good A requires the use of more of good B.