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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.

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At $5 a bushel, there is an excess supply of wheat. is this price above or below the equilibrium price? in 2-3 sentences, explai
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Its above the equilibrium price. Excess supply means they produced more than what people are demanding. So the bushel might be expensive for them and less people are buying it.
5 0
3 years ago
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When using the periodic system the physical inventory count is used to determine Select one: a. both the cost of the goods sold
AlexFokin [52]

Answer:

a. both the cost of the goods sold and the cost of ending inventory.

Explanation:

The physical count is used in the periodic inventory system to calculate the amount of ending inventory. However the cost of goods sold can be derived from using the ending inventory count. Suppose we have ending inventory of 100 units and Purchases were 500 units  Also there were no beginning inventory units so the Cost of goods Sold can be calculated as

Cost of Goods Sold= Beginning Inventory Add Purchases Less Ending Inventory

Cost of Goods Sold=  0 + 500- 100= 400

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3 years ago
What is the lowest credit rating you can get and still be investment worthy?
Mumz [18]

Answer is A.!!!

"You can make the impossible, possible" -Ali

7 0
3 years ago
To what extent do our moral ideas reflect the society around us, and to what extent are we free to think four ourselves about mo
Tasya [4]
Our moral ideas are definitely influenced by the prevailing ones in society, ones which are reinforced by the news media on a daily basis. For example, the moral idea that it is acceptable to punish Venezuela for conducting its own internal elections is pushed in the media, and the UN non-interference in the internal affairs of other countries and respect for the sovereignity and territorial integrity of other countries is ignored. On the other hand, I believe it is becoming more acceptable for a white man to marry a non-white person and have the free choice to do so, though the Trump supporters don't believe this. 
3 0
3 years ago
X sells a house to Y for $300,000. Before selling the house, X forgets to tell Y about a leakyfaucet in a little-used sink in th
VashaNatasha [74]

Answer:

c. Because X's failure to disclose the condition of the faucet is not material.

Explanation:

In order to consider X's failure as material and therefore allowing Y to rescind the contract, the failure to disclose must involve an element of the contract that is in such a bad condition that it would make the contract as "irreparably broken".  

In this case, contract law provides other remedies that Y can use to try to make X pay for the repairs, but Y cannot unilaterally rescind the contract.

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4 years ago
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