In a command economy do highly skilled workers earn more, less, or the same as low-skilled workers?

1 answer:

7 0

In a command economy, depending on most of the businesses, consumers can either buy more, or buy less than they would in a different economy. But because of the fluctuation businesses experience with their profit rates and so on, highly skilled workers are paid the same as low-skilled workers.

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True or false: The many legal barriers in place around the world makes it difficult to buy securities from foreign companies.

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Answer:

false

Explanation:

thanks to expanded communications and the relaxation of many legal barriers, investors can buy securities from companies anywhere in the world.

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1 year ago

Using college students as the market segment, describe the most relevant reference group(s) and indicate the probable degree of

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Answer and Explanation:

A. Toothpaste brand: Toothpaste is a commonly used, inexpensive, and very popular product. These decisions are governed mainly by the reference group such as family , friends or primary group with whom a student has regular face to face experiences. Hence the purchase decision is affected by a low degree of comparison community.

B. Buying a hybrid car: A hybrid car is sometimes described as expensive and luxury products. It's moreover a non-necessity commodity for a college student. These decisions are therefore usually affected by secondary community. And a high degree of control in the comparison community will only inspire a student to buy a car.

C. Buying cereal for breakfast: This is a simple requirement of a lifetime. Therefore, even without consulting any reference group a student can buy such product. Often such transactions are rules by family group control. So it needs a low degree of control.

D. Becoming a vegetarian: It takes a high degree of influence and motivation to become a vegetarian.

Thus the aspirational group influences a student. So they opt for vegetarianism to become part of such a community. Such decision taking involves a high degree of control.

E. Option of a computer tablet like the iPod: these products are a luxury commodity sold at regular prices. Typically refer to their families , friends, magazines before making a purchase student to get an idea about the output and price of these products. These goods are the weak product with a strong brand and a strong purchase is controlled by a strong reference community impact.

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2 years ago

Televisa, a Mexican media company, became the world's most prolific producer of Spanish-language soap operas owing to its expert

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Transfer company expertise to cross border markets and initiate actions to contend on an international level

Explanation:

There are different strategy in which the company employ to produce the major products many initiative will be taken by the company to produce a foreign market and to gain the viable strength

The Televisa company began to upgrade it's technology and the capabilities and they started to produce more in the foreign markets and then to gain the experience and build themselves strong in the foreign markets

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3 years ago

Imagine you own a food truck that sells gourmet vegan tacos. You rely on many suppliers, all of which also supply their goods to

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Answer:

Explanation:

Because there are plenty of suppliers for some goods, the food truck owner is more powerful in this case than the suppliers. Here the power of suppliers is low

For the other goods with only a single supplier. the supplier has more powerful than the taco seller. here the power of supplier is high. If the supplier increases price, the taco seller would most likely have an inelastic demand and would be at the mercy of the supplier

thus, the power of suppliers is relatively high for some items and relatively low for others.

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2 years ago

A married couple filing a joint tax return with combined income under $40,000 both contribute to their self-directed IRAs. Which

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Answer:

The answer is: D) growth mutual funds

Explanation:

Since the couple doesn't have that much money to invest and they probably can't afford high investment risks, my best advice would be to invest in mutual funds. Mutual funds provide diversified investments which are generally low risk and long term.

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2 years ago