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3 years ago

The essential difference between a command economy and a market economy is that in a market economy

Business

1 answer:

damaskus [11]3 years ago

4 0

Answer:

b buyers and sellers determine resource allocation.

Explanation:

The market is regulated by the interaction between Sellers and Buyers. However, in a Command economy the market is regulated by the government policies.

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If a customer presents an id where the physical description does not match the photograph or the person

swat32

Do not take or accept the ID as proof of age because it may be a fake or an altered ID. According to TABC, the ID must contain a physical description and photograph that matches the customer’s appearance. It means you cannot take the ID if there is an absence of either a photograph or physical description, such as height, sex, and eye color. It must have both a description and picture. You must also make sure the picture and description both match the customer making the purchase. If they don’t match the customer making the purchase, then you have good reason to consider they’re using someone else’s ID.

4 0

3 years ago

Foreign saving is used for domestic investment when foreigners engage in

dmitriy555 [2]

Foreign saving is used for domestic investment when foreigners engage in either foreign direct investment or foreign portfolio investment.

<span>To add, ‘Foreign savings’ and the ‘net external resources inflows’ are the two popular acronyms used for the current account deficit in the balance of payments.</span>

8 0

3 years ago

Your company has finished working on an open world video game, CyberPerson 2080. You now have a decision to make. You can auctio

suter [353]

Answer:

CyberPerson 2080

If you make the optimal decision, the amount you will expect to earn from your game is:

= $11.85 million.

Explanation:

a) Data and Calculations:

Expected value of game being a critical and commercial hit:

Probability Gross Revenue Expected Revenue

60% $64 million $38.4 million

35% 28 million 9.8 million

5% 18 million 0.9 million

100% $49.1 million

Value of auctioning game:

Probability Gross Revenue Expected Revenue

25% $5 million $1.25 million

35% $12 million $4.20 million

40% $16 million $6.40 million

100% $11.85 million

Value of keeping game:

Probability Gross Revenue Expected Revenue

100% -$7 million -$7.00 million

30% $49.1 million $14.73 million

25% $12 million $3.00 million

45% $1 million $0.45 million

100% $11.18 million

b) The optimal solution will be to auction the game and make $11.85 million, which is higher than $11.18 million made from keeping the game and doing the marketing and publishing.

5 0

3 years ago

A company from the United Kingdom uses British pounds in its normal operations, reports in the European Union in euros, and repo

Dafna1 [17]

Answer:

The British pound

Explanation:

The functional currency of a company is the currency used in the primary economic environment in which the company operates. This means that the company's functional currency is the currency used in the place where the company earns its revenues and pays its expenses. In this case, the company operates in the United Kingdom, therefore its functional currency is the British pound.

7 0

4 years ago

Compute the present value of a $100 investment made 6 months, 5 years, and 10 years from now at 4 percent interest. Instructions

sladkih [1.3K]

Answer:

Present value investment = $98.05

Explanation:

given data

present value = $100

time 1 = 6 months = $\frac{6}{12}$ = 0.5 year

time 2 = 5 years

time 3 = 10 years

interest rate = 4 % = 0.04

to find out

Present value investment in 6 month for the rate 4 percent

solution

we get here Present value investment by as

Present value investment = present value ÷ $(1+r)^{t}$ ..............1

put here value and we get

Present value investment = $\frac{100}{(1+0.04)^{0.5}}$

solve it we get

Present value investment = $\frac{100}{1.0198}$

Present value investment = $98.05

6 0

3 years ago