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3 years ago

A market economy is based on O the public O a vote O personal choice O no choices

Business

1 answer:

DochEvi [55]3 years ago

4 0

Answer:

the answer is *personal choice.

Explanation:

A market economy is also called a "free market economy" or Liberal capitalist economic system as the system is mainly based on the individual property rights, individual property ownership, free trade, enterprises and price mechanism.

For a market economy to function effectively, the economic actors must have the economic freedom of choice. heavy regulation of economic activities eventually and inevitably lead to the market failure.

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X Company has two production departments, A and B. At the start of 2018, the following budgeted cost information was available:

Crank

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Overhead :

Department A : $390,000

Department B $190,000

Job 11:

Direct labor hours in Department B 274

Machine hours in Department A 2,000

Job 22:

Direct labor hours in Department B 1,186

Machine hours in Department A 2,580

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base=

Department A= 390,000/(2000 + 2580)= $85.15 per direct machine hour

Department B= 190,000/(274 + 1186)= $130.14 per direct labor hour.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Job 11:

Dept A= 85.15*2580= $219,687

Dept B= 130.14*274= $36,658.36

3 0

3 years ago

Which statement is false?

Tamiku [17]

The answer is <span>The start-up costs in a monopolistically competitive industry are low.</span>

8 0

3 years ago

Read 2 more answers

Indicate how much money will be paid to the creditor associated with each debt.

riadik2000 [5.3K]

There is not enough information to have a significant answer

3 0

3 years ago

Jam Company had P5,000,000 note payable that is due on March 1, 2014. The entity borrowed P3,500,000 on February 1, 2014 which h

maria [59]

The amount of Jam's Note Payable that should be classified as non-current on December 31, 2013 is P0.

The non-current liability is the payable that is not due within the next 12 months.

Since the P5,000,000 note is due within 2014 (precisely on March 1, 2014), on Jam Company's Balance Sheet as of December 31, 2013, the total amount will be classified as a current liability and not non-current.

Thus, the amount of Jam's note payable classified as non-current on December 31, 2013 is equal to zero.

Learn more: brainly.com/question/14921529

3 0

3 years ago

If you suspect a friend is suicidal what should you do

aev [14]

You should contact a adult but the more mature thing is to talk to them and see if you can help if the person doesn't want to talk about it you can call the cops.
(I know it's ridicules but suicide is a crime)<span />

8 0

3 years ago