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3 years ago

4. What is another name for a command economy?

Business

1 answer:

USPshnik [31]3 years ago

5 0

Answer:

planned economy

Also known as a planned economy, command economies have as their central tenet that government central planners own or control the means of production within a

Explanation:

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The Baldwin company currently has the following balances on their balance sheet: Assets $180,506 Common Stock $11,365 Retained e

Amiraneli [1.4K]

Answer:

The total liabilities for the next year amount to 37163 $.

Explanation:

To calculate the liability we will use the simple equation given below.

Asset-equity=liability

Assets-RE=Liability

Current year Change* Next Year

Assets 180,506.00 29,506.00 151,000.00

Common Stock (11,365.00) 0 (11,365.00)

Retain Earning (92,472.00) (10,000.00) (102,472.00)

Liability- BaL figure 76,669.00 37,163.00

*Retain earning= Net profit- dividend

Hence balancing figure that is 37,163 dollars is liabilty for next year,

7 0

3 years ago

Abby, Bobbi, and Deborah each buy ice cream and paperback novels to enjoy on hot summer days. Ice cream costs $5 per gallon, and

umka2103 [35]

Answer:

b. The slope of the budget constraint is the same for each woman.

Explanation:

Budget Line is the combination of two goods that a consumer can buy, given prices & money income (all spent).

Equation : p1x1 + p2x2 = m ;

where p1 & p2 are price of good 1 & 2 , x1 & x2 are quantities of good 1 & good 2 , m = money income

Abby's Budget Line : 5I + 8N = 80
Bobbi's Budget Line : 5I + 8N = 60
Deborah's Budget Line : 5I + 8N = 40 [ I = Icecream, N = Novel ]

Slope of Budget Line represents change (sacrifise) of a good needed to get change (gain) of other good, given same prices & income.

Slope = ΔY/ΔX = Px / Py

Since prices are same for each woman, price ratios & hence the slope of budget line will also be same for all of them.

3 0

3 years ago

At the high level of activity in November, 12000 machine hours were run and power costs were $22000. In April, a month of low ac

NISA [10]

Answer:

The estimated fixed cost element of power costs is $10,000

Explanation:

For computing the fixed cost first we have to calculate the variable cost per unit which is shown below:

= (High power cost - low power cost) ÷ (High machine hours - low machine hours)

= ($22,000 - $15,000) ÷ (12,000 - 5,000)

= $7,000 ÷ 7,000

= $1

Now the fixed cost would be

= (High power cost) - (high machine hours × variable cost per unit)

= $22,000 - 12,000 × $1

= $22,000 - $12,000

= $10,000

4 0

3 years ago

An effective team would never have ______. a. Multiple long term goals b. A series of coordinated deadlines c. Unclear definitio

DedPeter [7]

C. Unclear definitions of goals

Any professional and efficient team will of course want clear definitions of their goals to run well.

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3 years ago

Read 2 more answers

The United States enjoys a free market economy in which _____.

Mnenie [13.5K]

Free market means you can choose what path you want to take such as a career or future. therefore the consumers control the market. that is why share prices go up and down because of s and d. the suplly and demand comes from the consumer wanting to purchase and sell. Therefore a free market economy is an economy controlled by consumers

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3 years ago