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mihalych1998 [28]
3 years ago
14

What’s the difference between a market economy and a command economy

Business
1 answer:
loris [4]3 years ago
3 0
The activity in a market economy is unplanned and determined by the supply and demand of goods and services. The main example of a market economy is capitalism. Whereas, a command economy is organised by a centralised government which owns most, of not all, businesses. The main example of a command economy is communism.
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Answer:

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Explanation:

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Why might a bank offer to make a loan to a customer at a low initial rate that will increase after a set period of time?
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Read 2 more answers
A direct cost is a cost that is____________.
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Answer:

The correct answer is letter "D": Traceable to a single cost object.

Explanation:

Direct Cost for finished goods is referred to the costs of the items and services directly used in production that can be allocated to a single cost object. Other costs including rent and production site insurance are indirect costs. The cost of the finished goods may be assigned to indirect costs, but they are not direct costs because they do not change with production levels.

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