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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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The First Bank of Flagstaff has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1

Olegator [25]

Answer:

$56.89

Explanation:

The computation of the current price of this preferred stock is shown below:

= Annual dividend ÷ required rate of return

where,

Annual dividend equal to

= Quarterly dividend × number of quarters in a year

= $1.65 × 4 quarters

= $6.6

And, the required rate of return is 11.6%

Now put these values to the above formula

So, the price would equal to

= $6.6 ÷ 11.6%

= $56.89

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3 years ago

There are two main ways to measure social inequality, they are: Inequality of conditions refers to the unequal distribution of i

butalik [34]

Answer:

True.

Explanation:

Social inequality can be defined as an existence of unequal rewards and opportunities for different social status or classes within a group of people in a society.

Generally, social inequality is peculiar to a society that is grouped based on race, hierarchy of class, religion, culture and gender. A social inequality is characterized by unequal distribution of wealth, punishment, rewards, opportunities and goods or services to the various classes.

There are two main ways to measure social inequality, they are:

1. Inequality of conditions: refers to the unequal distribution of income, wealth, and material goods.

2. Inequality of opportunities: refers to the unequal distribution of life chances across individuals.

4 0

3 years ago

Morrow City Inc. manufactures small flash drives and is considering raising the price by 75 cents a unit for the coming year. Wi

JulsSmile [24]

Answer:

Operating profit is projected to be $35,100

Explanation:

Morrow City International

Analysis of the Current and Projected demand to determine the Operating Profit

Particulars Current Projected Changes in

Demand Demand Demand

Selling price $8.50 $9.25 0.75

Less: Cost Price $5.80 $5.80 0

Contribution $2.7 $3.45 0.75

Margin

Unit Sold 79,000 72,000 -7000

Total $213,300 $248,400 $35,100

Contribution

Note: Total contribution = Unit sold * Contribution margin

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3 years ago

Katherine mailed Paul an offer with definite and certain terms and that was legal in all respects stating that it was good for10

jok3333 [9.3K]

Answer:

The correct answer is : Yes, the offer was revoked by Katherine.

Explanation:

Even if Paul replied Katherine with the acceptance to the first offer, he used a different means of communication to do that -e-mail v. mail. In addition, Katherine sent the revoke by mail -as in the initial offer- before Paul sent his e-mail. So, there is enough proof on Katherine's end that she didn't want to proceed with the offer before Paul confirmed his agreement on the terms. In that sense, Katherine did revoke the initial order.

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3 years ago

Andrew Industries is contemplating issuing a -year bond with a coupon rate of (annual coupon payments) and a face value of .

zepelin [54]

Answer:

The numbers are missing, so I looked for a similar question to fill in the blanks:

Andrew Industries is contemplating issuing a 30-year bond with a coupon rate of 7.13% (annual coupon payments) and a face value of $1,000. Andrew believes it can get a rating of A from Standard& Poor's. However, due to recent financial difficulties at the company, Standard & Poor's is warning that it may downgrade Andrew Industries' bonds to BBB. Yields on A-rated, long-term bonds are currently 6.43%, and yields on BBB-rated bonds are 6.84%.

a. What is the price of the bond if Andrew Industries maintains the A rating for the bond issue?

if the YTM is 6.43%, then the market price will be:

0.0643 = {71.30 + [(1,000 - M)/30]}/ [(1,000 + M)/2]

0.0643 x [(1,000 + M)/2] = 71.30 + [(1,000 - M)/30]

0.0643 x (500 + 0.5M) = 71.30 + 33.33 - 0.03333M

32.15 + 0.03215M = 104.63 - 0.03333M

0.06548M = 72.48

M = 72.48 / 0.06548 = $1,106.90

b. What will be the price of the bond if it is downgraded?

if the YTM is 6.84%, then the market price will be:

0.0684 = {71.30 + [(1,000 - M)/30]}/ [(1,000 + M)/2]

0.0684 x [(1,000 + M)/2] = 71.30 + [(1,000 - M)/30]

0.0684 x (500 + 0.5M) = 71.30 + 33.33 - 0.03333M

34.20 + 0.0342M = 104.63 - 0.03333M

0.06753M = 70.43

M = 70.43 / 0.06753 = $1,042.94

6 0

2 years ago