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3 years ago

Select all items that describe command economies.

2 answers:

8 0

Inefficient and limited selection describe a command economy. In a command economy, prouction, investment, prices and incomes are controlled by the government. Since the government makes all of the decisions, it's not always the most efficient for the economy because they do not take everything into consideration, they just pick and chose what they want to see happen. There is often a limited selection of items because the free market isn't helping businesses make business decisions.

skad [1K]3 years ago

4 0

A command economy is yes inefficient because if the government will be the one to dictate the price of goods and what goods can be produced, then obviously the businesses will have to will to produce. They will just be following what the government says and will not give their whole heart to it. This will make the production of goods and services inefficient. Also, there will be a limited selection because if the will of the workers are hindered, then there will be no innovations and inventions

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Variable costs A. are fixed per unit and vary in total as production levels change. B. are fixed in total as production levels c

Bumek [7]

Answer: Option A

Explanation: In simple words, Variable cost is that cost of the business that changes with level of production. Hourly wage rate of workers, electricity bill of factory are some of many examples of variable cost.

The electricity consumption is fixed per unit, but if the level of production rises the electricity bill also rises as more units will be consumed.

Hence, from the above we can conclude that the right option is A.

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3 years ago

Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Tota

igor_vitrenko [27]

Answer:

Estimated manufacturing overhead rate (Meeting with clients)= $170 per hour

Explanation:

Giving the following information:

Activity Cost Pool - Total Cost - Total Activity

Researching legal issues $ 22,130 and 750 research hours

Meeting with clients $ 1,270,410 and 7,473 meeting hours

Preparing documents $ 93,490 and 5,850 documents

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate (Meeting with clients)= 1,270,410/7,473= $170 per hour

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3 years ago

What‘s the main reason our culture has normalized credit cards over the past 60 years?.

harina [27]

We have slowly increased our demand for high-value items and therefore need credit cards rather than cash because carrying around.

For illustration,$ 40k in cash on your way to buy an auto isn't the safest idea. We can change the normalization of debt in the future by tutoring in academic ways to avoid debt and tutoring the true consequences of having so important debt.

Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to an existent's or business's creditworthiness or credit history. In account, a credit may either drop means or increase arrears as well as drop charges or increase profit.

credit, which is capitalist that is available for you to borrow, debt is capitalist you've formerly espoused but haven't yet paid back. Credit is simply the capability to acquire debt.

still, you're adding$ 50 in debt, If you use your credit card to make a$ 50purchase. A loan can be considered as a disbenefit balance when the loan is given out by the business while it can be considered as a credit balance when it's taken by the business. Also, read MCQs on Trial Balance.

Learn more about credit here: brainly.com/question/6872962

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7 0

1 year ago

Meaning of accounting

frutty [35]

Answer:

<em>Accounting is the process of recording financial transactions pertaining to a business.</em>

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3 years ago

As managers use less and different types of direct materials, which of the following standards do managers focus on to enhance s

seropon [69]

Answer:

D) Both A and B

Explanation:

A sustainable workplace is the setup of the workplace in which the environment is employee-friendly. The cases of accidents and injuries and bad environment are absent in such type of workplace. The employees find such places a very healthy and favorable. It helps in generating a sound profit for the organizations.

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3 years ago