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3 years ago

In a command economy, who owns the factors of production

Business

1 answer:

Paladinen [302]3 years ago

8 0

Answer:

The government

Explanation:

In a command economy, the central government controls all the aspects of the economy. The factors of production belong to the government.

<u>Some characteristics of a command economy include</u>,

The government determines the prices of goods and services.
The government decides what goods and services are to be produced, and their quantities.
All the county's resources, including the land and capital, belong to the government.
The governments assign jobs and set wages.

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Your store sells four varieties of 20 oz. sodas costing $1.25, $1.45, $1.10 and 1

-Dominant- [34]

The mean is the average.

Add the 4 prices together and then divide by 4.

1.25 + 1.45 + 1.10 + 1.32 = $5.12

5.12 / 4 = 1.28

The mean price is $1.28

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2 years ago

Cindy, who is self-employed, maintains an office in her home that comprises 24% (290 square feet) of total floor space. Gross in

ZanzabumX [31]

Answer:

The correct answer for regular method is $2,514 and for simplified method is $1,450.

Explanation:

According to the scenario, the computation of the given data are as follows:

Regular Method:

Total home deduction = ( Real property taxes × 24%) + ( Interest on mortgage × 24%) + (Operating expenses × 24%) + ( Depreciation )

So, by putting the value, we get

Total home deduction = ( $2,400 × 24%) + ( $4,000 × 24%) + ($2,200 × 24%) + ( $450 )

= $576 + $960 + $528 + $450

= $2,514

Simplified Method:

According to simplified method, the maximum deduction per square ft. can be $5.

So, Home deduction = $5 × 290 Sq. ft.

= $1,450.

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4 years ago

10. You manage a home improvement store. Your area has just been hit by a flood.

timofeeve [1]

Since your town was impacted in a negative way by the flooding the demand for home improvement items will be high. When demand is high and supply is low it can drive up prices. Most stores would definitely take advantage of this supply and demand case because they could turn a bigger profit. That would be a motivating reason for some people or companies.

As for me personally, I would not raise prices in my business because I feel that is taking advantage of people in a bad situation. You know that they are going to need to supplies to help them fix flood damage and they will have no option but to buy the needed materials. However, if you raise prices it could backfire on you and they may go somewhere else to get the materials needed instead of shopping with you.

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3 years ago

You are considering a 10-year, $1,000 par value bond. Its coupon rate is 8%, and interest is paid semiannually. If you require a

Schach [20]

Answer:

$1,061.28

Explanation:

We need to calculate the present value of the bond using the minimum effective rate of 7.1225%

First we calcualte the present value of an annuity of $80 for 10 years

$C * \frac{1-(1+r)^{-time} }{rate} = PV\\$

$80 * \frac{1-(1+7.1225%)^{-10} }{7.1225%} = PV\\$

PV = $558.72

Then we calculate the $1,000 in 10 years present value

$\frac{Principal}{(1 + rate)^{time}}= PV$

$\frac{1,000}{(1 + 7.1225%)^{10} } = PV$

PV = $502.57

Then we add both values

$502.57 + $558.72 = $1,061.28

This will be the present value AKA market price which yields the minimun rate of 7.1225%

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3 years ago

How would a decrease in the price of the feed grains used to feed cattle affect the market for beef? a. The demand for beef woul

denis23 [38]

Answer: The supply of beef would increase, decreasing beef prices.

Explanation: if there is a decrease in the price of the feed grains used to feed cattle, it would leads to an increase in the supply of beef in the market and consequently decrease the price of beef in the market. It would result to an increase in the supply of beef because the cattle rearers would have enough feeds for the cattle which will make them grow faster.

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4 years ago