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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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As the demand for goods and services decreases, job growth _____.
lyudmila [28]

B. Decreases

if demand goes down, nobody is buying anything, so the need to produce/manufacture is down

5 0
4 years ago
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Mark is an engineer who has designed a telecommunications device. He is convinced that there is a big potential market for the d
irga5000 [103]

Answer:

The correct answer is: Manufacturing overhead.

Explanation:

Manufacturing overhead includes all the costs not related to labor or direct production materials related to the company's manufacturing operations in regards to the facility. These costs are untraceable and include depreciation of equipment, property taxes or rent of factory building.

3 0
3 years ago
risk represents the portion of an​ asset's risk that can be eliminated by combining assets with less than perfect positive corre
Viktor [21]

Answer:

Diversifiable

Explanation:

Diversifiable risk is risk that is peculiar to a company or industry. It can be eliminated by diversifying portfolio.

Systematic or Market risk is risk that is peculiar to the market and it can't be diversified away.

I hope my answer helps you

3 0
3 years ago
Which of the following is NOT a typical strategy for firms to obtain benchmarking data about other companies?a. Hiring former em
Paha777 [63]

Answer:

a. Hiring former employees from other companies and assessing their knowledge.

Explanation:

"Benchmarking" is<em> a process conducted by a company when it wants to compare its performance with other competitors.</em> In order to do this, the company needs to look into <em>specific metrics</em> and<em> </em>approaches in order to analyze their company's operation and how well it does compared to others.

Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your<u> competitors in the same field of business.</u>

6 0
3 years ago
Celery Company has assets of $150,000, liabilities of $90,000, and equity of $60,000. It buys supplies for cash $5,000. What eff
bixtya [17]

Answer:

Assets increase by $5,000 increase, equity  decrease by $5000

Explanation:

The accounting equation is expressed as below.

Assets = Liabilities + shareholders equity

  • Assets are valuable items that the business owns.
  • Liabilities are the debts of the business.
  • Shareholder equity is the owner's capital, plus the retained earnings.

The transaction by Celery Company involves buying supplies valued at $5000 by cash.

  • Since celery paid cash, no liabilities were incurred. The shareholder money (Equity) decreased by $5000.
  • Supplies worth $5000 were acquired.  The suppliers belong to the business; they are valuable items( assets) to the business.

6 0
4 years ago
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