Answer: In market economies, buyers of inputs know that sellers want to earn profits.
Explanation: In a command economy, the state decides about what goods are to be produced, how much they must be produced and at what price they must be distributed in the society. While, in a market economy decisions about investment and production are determined by the forces of demand and supply. A command economy focuses on social welfare and equal distribution. While a market economy is driven by the profit motive. Thus, it is easy for firms to buy inputs in a market economy than in a command economy. In market economies, buyers of inputs know that sellers want to earn profits.
Answer:
The BCWS is also known as Planned Value (PV).
So, in this way, <em>PV = 3.125.000</em>
Explanation:
With the data we can obtain the PV as follows:
First, let's calculate EV as EV = CV + AC.
EV = -500.000 + 4.000.000 = <em>3.500.000</em>
After this, we can calculate PV with this formula: SPI = EV/PV
PV = EV/SPI
PV = 3.500.000/1.12 = <em>3.125.000</em>
<em />
<em>We can conclude, with these results, that the project actually is forward about the schedule but with an overcost about the budget. In other words, the project advance must be 41% but now is on 36% due to the negative variance on the costs (CV).</em>
<em />
Idk what the options are supposed to be but i know for sure that one of the answer is that it gives you $20,000 in student loans
The
two basic assumptions that economists make about individuals and firms are:
<span>The
first assumption is that individuals maximize their overall potential and try
to make themselves as resourceful as possible. And second is that to make more
profit as possible, a firm can do anything what it needs to do for this. Economists
keeps the economy in check by these assumptions.</span>