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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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The main reason that firms outsource is that: low-wage workers in other countries are more productive than are u.s. workers. hir

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Productive than are u.s. workers. hiring low-wage workers reduces

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3 years ago

Franchise systems are one type of __________ distribution system. Group of answer choices corporate wholesale contractual admini

Ainat [17]

A franchise agreement is a legally binding contract between the franchise partners.

A franchise is a method of distributing products or services that involves a franchisor, who establishes the brand's trademark or trade name as well as a business system, and a franchisee, which pays a royalty and, in many circumstances, an upfront fee for the right to use the franchisor's brand and system.

Most entrepreneurs choose franchising because it allows them to expand without the risk of debt or the expense of stock. For starters, because the franchisee supplies all of the cash necessary to create and manage a unit, it allows businesses to develop by leveraging the resources of others.

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2 years ago

The viability and relevancy of insurance products sold to businesses and individual?

ratelena [41]

It would be better if you attached more information about this question as it's quite difficult to find out what you need. I can help you by telling some words about t<span>he viability and relevancy of insurance products. It helps you when you keep factory that produces unusual things and makes that business more stable.</span>

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3 years ago

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

Step2247 [10]

Answer:

The equivalent units of production for October are :

Raw Materials = 423,750

Conversion Costs = 418,500

Explanation:

<u>Calculation of Equivalent Units of Production</u>

1. Raw Materials

Ending Work In Process Inventory (25,000 × 71%) 17,750

Completed and Transferred (406,000 × 100%) 406,000

Equivalent Units of Production for Materials 423,750

2. Conversion Costs

Ending Work In Process Inventory (25,000 × 50%) 12,500

Completed and Transferred (406,000 × 100%) 406,000

Equivalent Units of Production for Materials 418,500

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3 years ago

Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. what

Allushta [10]

Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. The Market rate of substituion between leisure & income is $8 per day.

Because the budget line FE describes the opportunities available to a worker who has $100 of nonlabor income per week, faces a market wage rate of $10 per hour, and has 110 hours of nonsleeping time to allocate between work and leisure activities This means that the person will choose the level of goods and leisure that lead to the highest possible level of the utility index given the limitations imposed by the budget constraint.

Leisure is the time when you are free from work or other duties and can relax.

Limitations the act of controlling the size or extent of something the act of limiting something.

Budget is a spending plan based on income and expenses.

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2 years ago