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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.

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A sample of 40 individuals at a shopping mall found that the mean number of visits to a restaurant per week was 2.88 with a stan
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Answer:

The confidence interval is between 2.23 and 3.53

Explanation:

The confidence interval (C) = 99% = 0.99

α = 1 - C = 1 - 0.99 = 0.01

α/2 = 0.01/2 = 0.005

The z score of α/2 corresponds to the z score of 0.495 (0.5 - 0.005) which is 2.576

The margin of error (E) is given as:

E=z_{\frac{\alpha}{2} }*\frac{\sigma}{\sqrt{n} }\\\\where\ n=sample\ size,\sigma=standard\ deviation\\\\Given\ that\ \sigma=1.59,n=40,z_{\frac{\alpha}{2} }=2.576\ hence: \\\\E=2.576*\frac{1.59}{\sqrt{40} } =0.65

The confidence interval = mean ± margin of error = 2.88 ± 0.65 = (2.23, 3.53)

The confidence interval is between 2.23 and 3.53

3 0
3 years ago
Project A has an Internal rate of return(IRR) of 21%. Project B an IRR OF 7% Project C and IRR of 31% and Project D an IRR of 19
goldenfox [79]

Answer:

b. C

Explanation:

It is the rate at which the net present value of all cash flows will be zero. As we know that the higher the discount rate lower will be the present value. The benefit of Higher IRR is company would expect higher rate of return from that project.

Project A has an Internal rate of return(IRR) of 21%.

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and Project D an IRR of 19%

Project C will be best because it has highest IRR.

4 0
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OCEAN is an acronym for _____.
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OCEAN is an acronym for openness, conscientiousness, extraversion, agreeableness, neuroticism.
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e of the case studies in the textbook, Jerry Harkanell worked as an administrative

continued to alter his timesheets until he was finally caught. How was his scheme detected

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By the time you turn 30 years old, what insurance do you expect to have?
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honestly you would need all of them because they are very important to have as you get older

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