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Free_Kalibri [48]
3 years ago
9

In mixed economies, governments also tend to take into state ownership troubled firms whose continued operation is thought to be

vital to national interests.
a. True

b. False
Business
1 answer:
Archy [21]3 years ago
3 0

This is true. If a firm is considered to be of national interest (i.e. defense or national security), in a mixed economy, the government can take control of the failing business.

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Which of the following would qualify as a sedentary job?
creativ13 [48]

there isnt anything on there

6 0
3 years ago
​Quince, Inc. uses a process costing system. It prepares a production cost report for each processing department.
Mandarinka [93]

Answer:

It will be used to determine the balance of inventory accounts

Explanation:

A production cost detail shows in detail the total cost of producing a product. It includes raw materials as well as operating costs. Product costs would be recorded as a current asset on the balance sheet until the goods have been sold. As an asset, it can either be:

  1. raw materials inventory,
  2. work-in-progress inventory,
  3. finished goods inventory, which would be dependent on how far towards completion the product is.
7 0
3 years ago
What is institutional advertising focused on promoting
MatroZZZ [7]

Answer:

the answer is a company

Explanation:

8 0
3 years ago
Grannyâs Restaurant sells apple pies. Granny knows that the demand curve for her pies does not shift over time, but she wants to
madam [21]

Answer:

A. Apple Pie Market Not perfectly competitive

B. Demand Curve Equation : q = 8.84 - 0.16p

C. Price Elasticity of Demand : 0.8 , 1.25

Explanation:

A. The Apple pie market is not perfectly competitive because the perfectly competitive market has large no of buyers & sellers, the demand is perfectly inelastic (infinite demand at given constant prices). However in this market , apple pie demand (sales) are responding to price change , so its not perfectly competitive

B. Demand curve is the graphical representation of price, demand. The Demand curve function : q = a - bp ;  where q = quantity, p = price, a = autonomous demand , b = represents price demand relationship & is negative because of negative price demand relationship (Law of Demand).

Putting q & p given values : 4 = a - 30b ; 5 = a - 24 b. Solving these two equations for a & b , we get : a = 8.84 , b = 0.16 . So, the demand curve equation becomes : q = 8.84 - 0.16p  & plotting this equation , we get demand curve.

C. Price Elasticity of Demand is responsiveness of demand to price change. Formula : %change in demand/ %change in price =  ∆Q /∆P X P/Q

P    Q

4    30  (*)

5    24  (**)

4.5   27 (***)

Ped (*, **) =  ∆Q /∆P X P/Q =  (6 / 1) x (4/30) = 0.8

Ped (*, **) =  (3 / 0.5) x (4/30) = 0.8

Ped (**, ***) = (3 / 0.5) x (5/24) = 1.25

7 0
3 years ago
The corporate charter of Maine Yacht Corporation allows the issuance of a maximum of 3,000,000 shares of $1 par value common sto
Delvig [45]

Answer:

a)3,000,000 shares

b)2,200,000 shares

c)2,170,000 shares

d)$2,200,000

Explanation::

a) Based on the information given 3,000,000 shares were authorized

b) Based on the information given 2,200,000 shares were issued

c) Calculation for many shares are outstanding

Outstanding shares= (2,200,000 issued-30,000 in treasury)

Outstanding shares=2,170,000 shares

d) Calculation for the balance of the Common Stock account

Balance of the Common Stock account = ($1 × 2,200,000 shares

Balance of the Common Stock account=$2,200,000

7 0
3 years ago
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