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3 years ago

In a planned economy, prices of commodities are controlled by _________.

Business

1 answer:

GalinKa [24]3 years ago

4 0

The correct answer is C. The government

Explanation:

The key feature of a planned economy is the strong influence and control of government in the economy. Indeed, in a planned economy it is the government the entity that decides on trade and production, this includes the prices of goods and the types of products that should be manufactured. Moreover, this does not occur in market economies because in these customers, produces and the law of supply/demand determine factors of the economy. According to this, in a planned economy prices are controlled by government.

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(04.03 LC)

klemol [59]

Answer:

C. Safe driving

Explanation:

Behavioral factors refer to the lifestyle habits of an individual. Auto insurance premiums are largely determined by the risk involved, as assessed by the insurance company. Insurance companies consider

the car and its safety features,
the driver's history and habits,
insured credit history, among other factors, when determining auto premiums.

Safe driving is a habit that develops in a driver over time. It is captured in the driver's driving history. A driver with few incidents and accidents than other pay lower insurance premiums. However, accident-prone drivers, those who drive many hours per day, and night drivers will always pay high insurance premiums.

5 0

3 years ago

ou wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $32,000 f

AleksAgata [21]

Answer:

Annual contributions to the retirement fund will be $6,347.31

Explanation:

First find the Present Value of the Annuity giving payments of $32,000 annually for 25 years at the rate of 10%.

Using a Financial Calculator enter the following data

PMT = $32,000

P/y = 1

N = 25

R = 10%

FV = 0

Thus, the Present Value, PV is $290,465.28

At the time of retirement (in 20 years time) the Value of the annuity fund is $290,465.28.

Next we need to find the Payments PMT to reach this amount in 20 years time at the interest rate of 8%

Using a Financial Calculator enter the following data

FV = $290,465.28

N = 20

R = 8 %

PV = $0

Thus, the Payments, PMT required will be $6,347.3080

Conclusion :

Annual contributions to the retirement fund will be $6,347.31

3 0

3 years ago

Adam Sears is an assembly line employee with Swenson Motors. Though Adam is popular among his supervisors and colleagues, Adam e

Valentin [98]

Answer:

The answer is: D) Adam's job has low task identity.

Explanation:

The task identity of a job can be defined as the extent at which that job involves completing a piece of work.

In Adam´s case, to complete a piece of work refers to assembling a whole car. Adam´s job is very specific, fixing nuts and bolts. It´s the perfect example of specialization of labor. He may be very good at doing that, but doesn´t feel good about it.

4 0

3 years ago

When it comes to distribution what is the least expensive route when getting the product from the manufacture or farmer to the u

Nezavi [6.7K]

<h2>Direct distribution is one of the least expensive route to access customer directly</h2>

Explanation:

Direct distribution is one the method which does not involve any intermediaries.
They do not have dealers, sub-dealers, etc to reach the customer with the product.
Online shopping enables direct distribution
Since direct distribution does not involve intermediaries, it can reach customer more quickly and the cost is also less.
Whereas when the product is reached through indirect distribution, then we have to spend amount on transport to reach product to dealers, then dealers spend money to sub-dealer and so on.

5 0

3 years ago

When McDonald's offers healthy menu items in hopes of avoiding competition with Wendy's and Burger King, it uses ________ positi

antoniya [11.8K]

McDonald's offering a healthy menu to avoid competition is referred to as differentiation positioning.

<h3>What is Differentiation positioning?</h3>

This is strategy adopted by companies in making their products and services very unique and beneficial to the populace.

This being done ensures that they avoid competition and increase sales and profit to ensure continuous running of the business. McDonald offering healthy menu items depicts this type of positioning.

Read more about Differentiation positioning here brainly.com/question/9241331

6 0

2 years ago