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3 years ago

What are the disadvantages of a mixed economy?

Business

2 answers:

alexgriva [62]3 years ago

7 0

Answer:

The disadvantages of a mixed economy are discussed below.

Explanation:

The Disadvantages of the Mixed Economy

The mixed economy is the midway house.
It is not helpful in achieving the total use of natural resources.
Heavy taxes made work really hard or make profits.
The mixed economy is the only one who suffers from the cons of capitalism and the socialist economy.
Under mixed economy wastage of country's resources occur in the country.

gogolik [260]3 years ago

5 0

One disadvantage of mixed economies is that they tend to lean more toward government control and less toward individual freedoms. ... Another negative is that the government decides the amount of tax on products, which leads to people complaining about high taxes and their unwillingness to pay them.

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A(n) ________ veto allows the governor to cross out budget lines in the legislature-approved budget, while signing the remainder

Cerrena [4.2K]

Line item veto, its the power to strike out individual items in the state budget

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3 years ago

Read 2 more answers

Ralph pays his workers $ 100 each, and labor is the only variable cost. At a quantity of 5000 chickens, how many workers does he

Flura [38]

Answer:

He hires 8 workers

Explanation:

The total cost is $1600 for 5,000 chickens minus the fixed cost of $800, which equals $800. The total cost is total of fixed cost and variable cost as in absence of production the total variable cost is zero so from this we can conclude that total fixed cost is zero.

Then divide the total variable cost ($800) buy what Ralph pays his workers ($100), which comes to 8.

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3 years ago

Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2018. The manufacturing cost

Llana [10]

Answer:

$89,350

Explanation:

Calculation to determine the outstanding balance of the lease liability in Lone Star's December 31, 2018, balance sheet

First step is to calculate the Balance after first payment

Initial lease liability $130,000

Less: First payment $23,000

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Interest expense for June 30,2021=$5,350

Third step is to calculate the Principal payment for June 30,2021

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Principal payment for June 30,2021=$17,650

Now let calculate the Outstanding balance on June

Balance after first payment. $107,000

Less: Principal payment for June $17,650

Outstanding balance on June $89,350

Therefore the outstanding balance of the lease liability in Lone Star's December 31, 2018, balance sheet is $89,350

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3 years ago

ABC Services reported the following transactions for September, 2013. A) The owner opened the business with a capital contributi

NemiM [27]

Answer:

ABC Services

The total liabilities at the end of September, 2013

= $9,000

Explanation:

a) Data and Calculations:

Capital contribution = $23,500

Equipment = $11,500

Cash payment for equipment = $2,500

Note payable on equipment = $9,000

Insurance expense paid = $1,350

Utility expense paid = $980

Rent paid = $2,000

Sales = $12,000

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Credit Sales = $4,800 (40% of $12,000)

Office furniture paid = $9,700

Therefore, total liabilities at the end of September, 2013 = $9,000. This represents the note payable for the office equipment purchased in B.

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