Command economies have public enterprises where the government controls everything including business and production. In socialism, the means of production, distribution, and exchange are owned or regulated by the community as a whole.
Answer: decrease government spending
Explanation:
Since government spending leads to employment generation and business activity which in turn increases incomes and spending. A decrease in government spending will keep demand and consequently inflation in check.
Answer:
The answer is "Option C"
Explanation:
Please find the complete question in the attached file.
Its market to economics remained constant, while the market demand increased because the supply increasing will cause amounts to decline but salaries to rise.
Its same reverse relationship refers to the market for products and services. As demand rises and supply continues to increase, its greater supply will result in higher balance prices or conversely. It supply-demand rising but dropping until a reasonable price is reached.
Answer:
Knit units = 1,600
Hard units = 400
Explanation:
The calculation of sold of knit hats and hard hats is shown below:
For computing the sold of knit hats and hard hats first we need to find out the total of Knit Hats and Hard Hats and secondly we need to find out the Break even sales in units
Knit Hats Hard Hats Total
Sales a $15.00 $25.00
Less: Variable
Expenses b $5.00 $10.00
Contribution Margin $10.00 15.00
c = a - b
Weight d 0.80 0.20
Weighted Contribution 8.00 11.00
e = c × d
Now,
Break even sales in units = Fixed cost ÷ Contribution margin per unit
=$22,000 ÷ 11
= 2,000 units
So,
Knit Hats to be sold = Break even sales in units × Knit percentage
=2000 × 80%
= 1,600 units
Hard Hats to be sold = Break even sales in units × Hard hats percentage
= 2,000 × 20%
= 400 units
