All categories

3 years ago

Which economic goal is a major one of command economies?

Business

1 answer:

pickupchik [31]3 years ago

4 0

Answer:

the answer is equity.

Explanation:

the social equity in resource allocation and distribution is the main concern of an command economy. The entire "command" function is there for this purpose. Opposing to the market system, in which the efficiency of the market is of primary concern, the command system argues that while following to achieve the maximum market effeciency, these economies miss out on the fainress and unbiasedness in economic benefit destribution and therefore creates many social problems such as poverty, rich and poor gap, etc as a result.

The command economy tries to overcome this problem of Equity in market economies.

You might be interested in

Peterson Photoshop sold $2,700 in gift cards on a special promotion on October 15, 2021, and sold $4,050 in gift cards on anothe

ozzi

Answer:

1650 I think ... I think so maybe

4 0

2 years ago

Consider and discuss whether there is a conflict of interest between the executive and an agency in North Carolina.

jekas [21]

RULE 1.7 CONFLICT OF INTEREST: CURRENT CLIENTS

(a) Except as provided in paragraph (b), a lawyer shall not represent a client if the representation involves a concurrent conflict of interest. A concurrent conflict of interest exists if:

(1) the representation of one client will be directly adverse to another client; or

(2) the representation of one or more clients may be materially limited by the lawyer's responsibilities to another client, a former client, or a third person, or by a personal interest of the lawyer.

(b) Notwithstanding the existence of a concurrent conflict of interest under paragraph (a), a lawyer may represent a client if:

(1) the lawyer reasonably believes that the lawyer will be able to provide competent and diligent representation to each affected client;

(2) the representation is not prohibited by law;

(3) the representation does not involve the assertion of a claim by one client against another client represented by the lawyer in the same litigation or other proceeding before a tribunal; and

(4) each affected client gives informed consent, confirmed in writing.

4 0

3 years ago

Boswell company manufactures two products, regular and supreme. boswell's overhead costs consist of machining, $3,000,000; and a

yawa3891 [41]

Total overhead costs
3000000+1500000=4500000

Total direct labor hours
10000+15000=25000 hours

Predetermined oH rate
4500000÷25000=180

Overhead applied to regular
180×10000 h =1800000...answer

4 0

3 years ago

The changes in account balances of the Vel Corporation during Year 6 are presented below: Increase Assets $356,000 Liabilities 1

zzz [600]

Answer:

b. $ 36,000

Explanation:

The fundamental accounting equation is

Assets = Liabilities + Stockholders Equity

Per the data provided in the question regarding changes in account balances

$ 356,000 = $108,000 + (240,000+24,000)

$ 356,000 = $ 372,000

= - ($ 14,000)

Since the data provides that a dividend payment of $ 52,000 has been made, we have to add it to our differential balance to get the income for the year.

$ - 14,000 + $ 52,000 = $ 36,000

6 0

3 years ago

State for each account whether it is likely to have (a) debit entries only, (b) credit entries only, or (c) both debit and credi

Leya [2.2K]

Answer:

No. Account Type Likely account entries

1. Fees Earned , normal balance is credit (b) Credit entries only

2. Utilities Expense , normal balance is debit (a) Debit entries only

3. Accounts Payable , normal balance is credit (c) both debit and credit entries

4. Supplies , normal balance is debit (c) both debit and credit entries

5. Cash , normal balance is debit (c) both debit and credit entries

6. Accounts Receivable , normal balance is debit (c) both debit and credit entries

Explanation:

Accounts that normally have debit entries include assets (both long-term and current), expenses, and losses. Accounts that normally have credit entries are liabilities, equity, revenue, income or gains. Most accounts have debit and credit entries before their normal balances are indicated. The accounts with debit entries are mainly expenses and losses, while revenues and income have mainly credit entries.

6 0

3 years ago