1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fredd [130]
3 years ago
5

In a command economy, Individuals fellow thir self-interest without government intervention True or False İf false, correct the

statement.
Business
1 answer:
Ostrovityanka [42]3 years ago
8 0

Answer:

False

Explanation:

In a command or planned economy, the factors of production are owned and controlled by the government.  The government makes all the significant economic decisions such as production, distribution, and pricing.  

The government prepares a central plan for the entire economy. The plan determines the production level, the goods and services to be produced, and their prices.  The central government employs all workers. The private sector does not exist.

You might be interested in
During Year 1, Fox Co. introduced a new product carrying a two-year warranty against defects. The estimated warranty costs relat
Olin [163]

Answer:

D) $14,250

Explanation:

In order to determine the total warranty liability that Fox must report in its December 31, 2014, balance sheet, we must multiply the total sales for both 2013 and 2014 by the estimated warranty expenses and then subtract the incurred warranty expenses:

  • total sales during 2013 and 2014 = $150,000 + $250,000 = $400,000
  • estimated warranty expenses = 2% + 4% = 6%
  • incurred warranty expenses = $2,250 + $7,500 = $9,750

warranty liability = ($400,000 x 6%) - $9,750 = $24,000 - $9,750 = $14,250

6 0
3 years ago
What are the five forms of Utility?
Reptile [31]

Answer:

form utility, time utility, place utility, and possession utility.

Hope it help and take care young lad

6 0
2 years ago
Which describes the process of diagnosing an organization's external and internal environments, including deciding on a vision a
Rudiy27

Strategic planning

Explanation:

Process to identify the external and internal conditions of the organisation, determine a strategy and goal, formulate general goals, establish and choose general approaches, and allocate resources for the organization's objectives.

Strategic planning is the method of documenting and guiding the small company— by evaluating where they are and where they're going. The strategic plan actually provides them with the opportunity to record the mission, vision and principles and their lengthy-term goals and intervention plans to achieve them.

5 0
3 years ago
What is the foundation for the marketing plan?
malfutka [58]

Answer:

Market analysis

Explanation:

Market analysis is the foundation of the marketing plan. Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast.

8 0
3 years ago
What is a benefit of obtaining a personal loan?
tester [92]
A.
getting money with special repayment terms
6 0
2 years ago
Other questions:
  • Jarrett company is considering a total cash outlay of $300,000 for the purchase of land, which it could lease out for $36,000 pe
    13·1 answer
  • Explain how petrocalpetrocal did not achieve its target market share in the total gasoline market but still exceeded its financi
    15·1 answer
  • Which of the following forms of co-ownership, historically used for apartment buildings, is not considered a form of true direct
    13·1 answer
  • The space on freeway is fixed at any instant of time. A supply curve that shows this is
    14·1 answer
  • The strategic alliance between Coca-Cola and Nestlé has spanned a period of over 20 years due to the fact that both companies be
    10·1 answer
  • I need a paragraph using balance, deposit, withdraw, fixed expenses, variable expenses, profit, Interest, budget, financial inst
    10·1 answer
  • You have decided to enter the candy business. You are considering producing two types of candies: Slugger candy and Easy Out can
    5·1 answer
  • By separating the value of the actual flight from the services associated with flying, airlines have greatly expanded the profit
    9·1 answer
  • Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently
    8·1 answer
  • This is a partial adjusted trial balance of Pharoah Company. PHAROAH COMPANY Adjusted Trial Balance January 31, 2022 Debit Credi
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!