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prohojiy [21]
4 years ago
10

What is the difference between a market economy and a command

Business
2 answers:
shusha [124]4 years ago
7 0

Answer:

A. A market economy is determined by consumers and a command economy is determined by central authority.

Explanation:

A market economy is driven by customers in the form of demand and the sellers in market supply to satisfy the demand.

Command economy is driven by command, customers do not decide what to demand and when, only central authority supplies what they see fit.

Natasha_Volkova [10]4 years ago
5 0

Answer:

The correct answer is letter "A": A market economy is determined by consumers and a command economy is determined by central authority.

Explanation:

In a market economy, economic <em>decisions and prices are determined not by central planning but by market forces.</em> Market forces refer to the cumulative impact of all decisions made by individuals acting in the market, such as <em>consumers </em>and <em>producers</em>.

A command economy is one in which the <em>government controls the economy,</em> acts as the central planner, enforces production quotas and levels of distribution, and sets prices.

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Answer:

The overall break-even point will be increased

Explanation:

Contribution margin ratio

( Sales - variable cost ) / Sales

U82U = ( $28,000 - $13,440 ) / $28,000 = $14,560 / $28,000 = 0.52

P89W = ( $18,000 - $7,260 ) / $18,000 = $10,740 / $18,000 = 0.60

As the contribution margin ratio of U82U is lower than the P89W, so, the shift of sales towards U82U will increase the overall break-even point because more unit with lower contribution will be needed to sale to recover the fixed cost.

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Answer:

price levels and price structure

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But in the 2001-2002, there has been a very high dissatisfaction of the customer of the mobile company.  Despite most of the carriers locking their customers with the contracts, the big carriers of mobile operator churn a very large percentage of these customers each year. Most of the carriers tries to hold their customers as "hostages" through the contracts and they feel they are trapped in the plans.

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3 years ago
What should you do before you approach a atm
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Answer:

Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.

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b) 2 only

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