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3 years ago

Identify the advantages and disadvantages of a command economy.

1 answer:

7 0

Good things
1. Government can control market failure
2. It help optimize social welfare
3. It prevents monopoly

Bad things
1. Lack of efficiency
2. No rewards

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Parwin Corporation plans to sell 39,000 units during August. If the company has 16,000 units on hand at the start of the month,

aalyn [17]

Answer:

A. 40,000

Explanation:

Data provided

Sold units = 39,000

Beginning units = 16,000

Ending units = 17,000

The computation of units is shown below:-

Production units = Sale unit + Desired ending inventory - Beginning inventory

= 39,000 + 17,000 - 16,000

= 56,000 - 16,000

= 40,000

So, for computing the production sales we simply applied the above formula.

6 0

3 years ago

Gabrielle daily borrows $1,000 at a 6 percent add-on rate for one year.what is the finance charge?answers

denpristay [2]

P - principle of the loan
FC - finance change or total interest
N - number of months the loan is force

FC = ($1,000 x .06 x 1)
FC = $60

Finance charge is $60.

5 0

3 years ago

When the store hires two workers, they are able to serve 16 customers per hour. When the store hires three workers they are able

kotegsom [21]

Answer: $24

Explanation:

Given that,

Two workers serve = 16 customers per hour

Three workers serve = 22 customers per hour

Each customer spends an average of $4 in the store.

Total revenue from Two workers = 16 × $4

= $64

Total revenue from Three workers = 22 × $4

= $88

Therefore, the marginal benefit of hiring the third worker would be:

= Total revenue from Three workers - Total revenue from Two workers

= $88 - $64

= $24

7 0

3 years ago

Constitutive rules __________. Group of answer choices

Zepler [3.9K]

Answer:

3. interaction are examples of phatic communication are

Explanation:

Consequantive riles indicate the appropriate behavior in a given context and that are used to interest and understand and the rules and the meanings of the message.

8 0

3 years ago

Community Manufacturing Inc. developed the following standard costs for direct material and direct labor for one of their major

hammer [34]

Answer:

Particulars Standard Actual

Qty Rate Amount Qty Rate Amount

Materials 2,000 26 52,000 2,200 24 52,800

Labor 1,000 14 14,000 1,050 14.75 15,487.50

Actual output 10,000.00

Materials required (10000*0.20) = 2,000.00

Labor hrs required (10000*0.1) = 1,000.00

1. May's direct material price variance

= (SP-AP)*AQ

= (26 - 24*)2200

= 4,400 F

2. May's direct material quantity variance

= (SQ-AQ)*SP

= (2,000 - 2,200)*26

= 5,200 U

3. May's direct labor cost variance

= Standard Cost - Actual Cost

= 14,000 - 15,487.50

= 1,487.50 U

4. May's direct labor rate variance

= (SR-AR)*AH

= (14 - 14.75)*1,050

= 787.50 U

5. May's direct labor efficiency variance

= (SH-AH)*SR

= (1,000 - 1,050)*14

= 700 U

6 0

2 years ago