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seropon [69]
3 years ago
5

What is 5 similarities in market economic and command?

Business
1 answer:
just olya [345]3 years ago
8 0

Answer:

Similarities between Free Market Economy and Command Economy

Both economies have similar economic players including consumers and producers, services and goods and money and labor.

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A company used straight-line depreciation for an item of equipment that cost $15,350, had a salvage value of $3,200 and a six-ye
Thepotemich [5.8K]

Answer:

The correct answer is $2,580.

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($15,350 - $3,200) / 6 years = $2,025 yearly depreciation expense.

Accumulated depreciation at Year 3 = $2,025 x 3 = $6,075

Net book value (NBV) becomes $15,350 - $6,075 = $9,275

New depreciation is ($9,275 - $1,535) / 3 years = $2,580 yearly depreciation expenses

7 0
3 years ago
When considering marginal revenue versus marginal costs, marketers must ensure that.
LenaWriter [7]

It should be noted that when considering marginal revenue versus marginal costs, marketers must ensure that marginal revenue exceeds marginal costs.

<h3>What is marginal revenue and marginal costs?</h3>

The marginal cost of production serves as the change in total cost that is bern incured as a result of making or producing one additional item.

Marginal revenue (MR) on the other hand serves as the incremental entity.

However, In equilibrium, marginal revenue equals marginal costs.

Learn more about marginal revenue at;

brainly.com/question/25623677

4 0
2 years ago
Which is not true of a perfectly competitive market? a. At the long-run equilibrium, economic profit is less than accounting pro
shtirl [24]

Answer:

B is the correct option.

Explanation:

In theory, the perfect market is the structure in which all the firms sell identical products,They all are price takers, the market share doesn't influence the prices, firms can enter or exit the market without cost and resources are perfectly mobile. No markets are in the sphere of the perfect competition model. so they are classified as imperfect. The imperfect and perfect market is the outcome of post-classical economic thought of the Cambridge tradition.

5 0
3 years ago
Name three authors who were caught plagiarizing and what they did ?
Llana [10]

Answer:

Jabbar Campbell, Michael Ottley and Darwin Mackerson

They plagiarizing their college essays and got expelled. One is homeless, another in jail and another one died.

Explanation:

6 0
3 years ago
What type of team is composed of workers from different functional departments of the organization who meet together in an attem
vredina [299]

Answer:

Cross-functional teams

Explanation:

A cross functional team is one in a company that consist of different individuals from the different departments of the company. It is a kind of multi-disciplinary approach to provide a working and adequate solution to the problem of the company at hand.

Hence, these cross functional teams consist of individuals from different departments of the company to see how a particular challenge facing the company

3 0
3 years ago
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