1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natulia [17]
3 years ago
10

Which of these is a characteristic of a pure command economy?

Business
1 answer:
Vika [28.1K]3 years ago
3 0

Answer:

The correct answer is letter "B": All businesses are owned by the state.

Explanation:

A Pure Command Economy is one where <em>the government controls all he economy</em>, functions as the central planner, determines production quotas and rates of distribution, and sets prices. There are such economies in communist or socialist states like China, North Korea, and Cuba.

You might be interested in
The management at an auto manufacturer planned to terminate production due to labor issues that were consuming most of the profi
Naya [18.7K]

Answer:

Decertification

Explanation:

4 0
2 years ago
If all firms expect greater demand for their products or services, they will hire _____ resources like labor and capital and the
nexus9112 [7]

Answer: more, growth

Explanation:

If all firms expect greater demand for their products or services, they will hire more resources like labor and capital and the economy will experience growth.

For an economy to grow, human capital, labor force, and technology can not be exempted. The quality of the materials used also plays a vital role as well. Once all these are in place, then the economy while start experiencing turn around.

6 0
3 years ago
Market economies operate on the principle of supply and demand.
asambeis [7]
I think that the stament given above is true, as this principle <span>lets business survive or fail without much interaction from the government.</span>
6 0
3 years ago
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $127,000.
Brut [27]

Answer:

b. $31,000

Explanation:

The computation of the depreciation expense using the straight-line method for the second year is shown below:

= (Original cost - residual value) ÷ (useful life)  

= ($127,000- $3,000) ÷ (4 years)  

= ($124,000) ÷ (4 years)  

= $31,000

Hence, the correct option is b. $31,000

The units are to be ignored as the method i.e used is straight line so the same is to be considered

6 0
3 years ago
Ken and traci are two woodworkers who both make tables and chairs. in one month, ken can make 3 tables or 18 chairs, whereas tra
marysya [2.9K]
<span>The answer is 1/6 table for ken and 1/3 table for traci. Woodworking is the activity or talent of making items from wood, it includes cabinet making, wood carving ,carpentry and woodturning, with the advantage of modern technology and the demands of industry, woodwork nowadays has changed.</span>
7 0
3 years ago
Read 2 more answers
Other questions:
  • An important consideration for an employee trying to decide whether or not to participate in a nonqualified deferred compensatio
    13·1 answer
  • Jamison Company has the following obligations at December 31: For each obligation, indicate whether it should be classified as a
    8·1 answer
  • Please i need your help guys!
    11·1 answer
  • Joe is an 18 year old high school student. If there is a sharp rise in interest rates, which situation BEST reflects how Joe's l
    11·1 answer
  • When a company pays a dividend, it isn't as simple as getting a paycheck from one's employer. There are several critical dates i
    9·1 answer
  • Hiya has a gross pay of $926.50 by how much will hiya's gross pay be reduced if she has the following deduction withheld from he
    12·1 answer
  • Consider an income guarantee program with an income guarantee of $6,000 and a benefit reduction rate of 50%. A person can work u
    7·1 answer
  • hich of the following statements is correct? Group of answer choices Advertising expense is a product cost Service firms do not
    12·1 answer
  • What is one way that critical thinking can help in career exploration?
    6·2 answers
  • Which of the
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!