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3 years ago

What type of economy is an economic system in which private businesses can operate freely with minimal state control

Business

2 answers:

kkurt [141]3 years ago

7 0

Market economy is the economic system which private businesses can operate freely with minimal state control

andreyandreev [35.5K]3 years ago

5 0

Answer:

Market Economy

Explanation:

This is 100% the right answer because I got this question on a test and this was correct.

~Please mark me brainliest :)

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In a reorder point problem where both demand and lead time are variable, demand averages 200 units per day with a daily variance

Romashka [77]

Answer:

~ 1561.235

Explanation:

Given :

$Z=1.645$

$d = 200\ \\variance =64$

Standard deviation can be determined by the $\sqrt{variance }$

Standard deviation=SD

= $\sqrt{64}\ =\ 8$

$LT = 6\$

σ = 8

Now using the formula

$R\ =\ d \ *\ LT\ +Z\ \sqrt{LT^{2}\ +SD^{2} \ +\ d\ \sigma\ ^{2} } \\\\Putting\ the\ respective\ value\ we\ get \\R=200 * 6 + 1.645\sqrt{6 * 8^2 + 200 *1^2}$

R=1561.235

~ 1561.235

6 0

2 years ago

Scenario 26-3. Assume the following information for an imaginary, open economy.

Keith_Richards [23]

Answer:

GDP equals $1455, answer is D

Explanation:

GDP = Consumption + Investment + Net exports + Private saving - National saving + Taxes

GDP = 1000 + 200 - 50 + 225 - 150 + 230

GDP = 1,455

6 0

2 years ago

In the systems planning phase, a key part of the preliminary investigation is a feasibility study that reviews anticipated costs

omeli [17]

Answer:

a) True

Explanation:

The Planning Phase is the fundamental two-step process of understanding why an information system should be developed and creating a plan for how the project team will develop it. ... They decide whether it is advisable to proceed with the system development project.

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2 years ago

"In the context of goal-setting theory, _____ is information about the quality or quantity of past performance and indicates whe

Bad White [126]

Answer: performance feedback

Explanation: Feedback on performance is a process of communication. It should be continuous as improvements are made on the basis of information exchanged between the manager and the subordinates. Regular follow-up dialogue should be in place to determine success.

Feedback is structured to see where things go right and where they go wrong. This suggests that leaders may need to be vigilant while they develop new behaviors and conquer the learning curves of new skills.

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3 years ago

Basically, nations trade: Question 10 options: in order to stockpile goods in case of national disaster or emergency. in order t

IgorLugansk [536]

Answer:

because no nation's economy can produce all of the goods and services that it needs.

Explanation:

In simple words, International trade refers to the exchange of goods and services that occurs between the nations around the world for over all welfare and development of world economy.One of the major reasons behind such exchange is the opportunity cost of producing the same good differs among nations significantly.

For instance, a product that belongs to the labor intensive industry could be produced in India easily while as technology intensive good is feasible in America.Also due to difference of availability in natural resources some economies might not be able to produce some goods altogether.

8 0

3 years ago