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harina [27]
3 years ago
12

Under the __________ system the number of choices in the market is directly related to government involvement in markets.

Business
1 answer:
kondor19780726 [428]3 years ago
3 0

Answer:

communist

Explanation:

Under the communist system of the market, the factors of production are owned solely by a group. Group usually is the representation of the form of the government. The means of production which are the labor, capital, natural resources, and the entrepreneurship are all controlled and owned by the government. The government has total control over the market.

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Omaha Beef Co. purchased a delivery truck for $50,000. The residual value at the end of an estimated eight-year service life is
kati45 [8]

Answer:

2500

Explanation:

First depreciate for 6 years using regular method: (Cost - Salvage Value)/Initial Useful life

(50,000-10,000)/8 = 5000 <- this is annual depreciation

For 6 years, $30,000 accumulated depreciation

Now to calculate change in useful life, you do (Cost - Accumulated Depreciation - Salvage Value)/Remaining Useful life

Remaining Useful life = 10-6 = 4

(50,000-30,000-10,000)/4 = 2500

8 0
3 years ago
What is the difference between a market economy and a command
shusha [124]

Answer:

A. A market economy is determined by consumers and a command economy is determined by central authority.

Explanation:

A market economy is driven by customers in the form of demand and the sellers in market supply to satisfy the demand.

Command economy is driven by command, customers do not decide what to demand and when, only central authority supplies what they see fit.

7 0
4 years ago
Read 2 more answers
A share of preferred stock pays a quarterly dividend of $2. 50. if the price of this preferred stock is currently $50, what is t
Ainat [17]

The nominal annual rate of return is 20%

Given,

Annual dividend = $2.50(4) = $10. rps

= Dps/Vps = $10/$50 = 0.20 = 20%

The nominal rate of go back is the quantity of cash generated by way of an investment before factoring in charges such as taxes, funding charges, and inflation. If an funding generated a ten% go back, the nominal rate would equal 10%.

Nominal interest price refers back to the hobby price earlier than taking inflation into consideration. Nominal also can seek advice from the advertised or said interest rate on a loan, without contemplating any fees or compounding of interest.

Learn more about interest here: brainly.com/question/2294792

#SPJ4

6 0
2 years ago
Provide the name of two business competitors that manufacture and sell the same product. Be sure to name the products.
vampirchik [111]

Answer:

1. Coke vs Pepsi: product include Cold Beverage

2. Nike vs Reebok: product include sporting goods

6 0
3 years ago
Total surplus with a tax is equal to a. consumer surplus minus producer surplus. b. consumer surplus plus producer surplus plus
anygoal [31]

Answer:

Option (b) is correct.

Explanation:

The total surplus is defined as the sum total of producer surplus and consumers surplus. Total surplus with a tax is defined as the combined total of producers and consumers surplus and tax revenue that is earned by the government of a particular nation.

Consumers surplus = Willingness to pay for the product - Actual amount paid for the product

Producers surplus = Actual amount received for the product - Willingness to accept for the product

6 0
3 years ago
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