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Brums [2.3K]
3 years ago
9

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

Business
1 answer:
Scilla [17]3 years ago
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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Please help! :)
Slav-nsk [51]

Answer:

True.

Explanation:

Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.

Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.

For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.

Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.

6 0
3 years ago
After learning more about implied warranties and disclaimers, would you ever buy an item sold "as is"? Imagine a car salesman wh
atroni [7]

Answer:

one should go to buy a car for $8000

Explanation:

given data

car = $8,000

price down = $6,500

solution

As here Implied Warranty is the sale contract environment oral or written that provides some assurance that the products sold are suitable for trade and purpose. It arises from the operation of the law.

  • Disclaimer is a statement that order are used to prevent the creation of a warranty or contract.
  • After learning about the implied warranty and disclaimer, I was not going through the items sold.
  • For someone who does not offer special consumer protection, they should go to buy a car for $8000.
7 0
3 years ago
Companies striving for global market leadership pursue strategic alliances or collaborative partnerships with foreign companies
FrozenT [24]

Answer:

get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some examples of international economic organizations involved in global economy and trade are;

I. World Trade Organization (WTO).

II. United Nations (UN).

III. International Monetary Fund (IMF).

IV. United Nations Conference on Trade and Development (UNCTAD).

When a company or business firm strive for global market leadership, its main focus would be to pursue strategic alliances or collaborative partnerships with foreign companies. This would enable it get into critical country markets quickly and effectively, it would also gain an inside knowledge and understanding about unfamiliar markets, consumer demographics and cultures, as well as getting hold of valuable skills and competencies that are concentrated in specific geographic locations in the world.

6 0
3 years ago
What is Installment credit? <br> (In your own words, please and thank you!!! :)
QveST [7]
Installment credit is when you borrow a fixed sum of money and agree to make monthly.
5 0
2 years ago
Read 2 more answers
Beginning inventory, purchases and sales data for T-shirts are as follows:
Karolina [17]

Based on the First In; First Out method of inventory management, the ending inventory is <u>$180.</u>

FIFO means that the earlier stock is sold off first. This means that the sale on April 14 was based on the beginning inventory first and then the Purchase on the 11.

Stock on April 14:

<em>= Beginning stock + Purchases - Sale</em>

= 24 + 26 - 36

= 14 units at $12 each

Stock at 25th:

<em>= Remaining April 11 purchases + April 21 Purchases - Sales</em>

= 14 + 18 - 20

= 12 units at $15

Ending inventory:

= 7 x 12

= $180

In conclusion, closing inventory is $180.

<em>Find out more at brainly.com/question/18761943. </em>

5 0
3 years ago
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