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2 years ago

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

Business

2 answers:

sladkih [1.3K]2 years ago

7 0

Answer:

False

Explanation:

A command economy is also known as the planned economy. The government controls and owns all the factors of production. Usually, the government, through its agencies, prepares a central plan to manage the economy. The central plan details what will be produced, the quantities, and the prices.

The private sector is non-existent in a command economy. All productions and employment are by the government.

GarryVolchara [31]2 years ago

5 0

Answer:

false

Explanation:

command economy is the same as a planned economy where the prices and incomes are decided and fixed by the central government

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Alice worked for Fountain Valley, Inc., a corporation that manufactured baby supplies. According to her employment contract with

earnstyle [38]

Question Completion with Answer Options:

A. Yes, according to the terms of her contract.

B. Yes, according to the duty of good faith and fair dealing.

C. No, according to the at-will termination provision in her contract.

D. No, because subsequent conduct of the parties modified the contract.

Answer:

Fountain Valley, Inc. and Alice

B. Yes, according to the duty of good faith and fair dealing.

Explanation:

Alice is entitled to the bonus of $10,000 because the duty of good faith and fair dealing requires Fountain Valley not to deny Alice the benefits arising from their valid contract. Since Alice's employment contract included a 5% bonus of all sales in excess of the previous 12 months' sales, the Fountain Valley, Inc. should not deny Alice's claim to the benefits.

b) Employment contract terms = $78,000/year plus 5% bonus of all sale in excess of the previous 12 months' sales. The value of sales in 2017 is $200,000 more than in 2016. 5% of $200,000 = $10,000. Therefore, Alice is entitled to the bonus.

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2 years ago

I am having trouble in personal finance and need to learn how to figure out S=P(1+rt) and P=S(1+rt). Can someone assist me in le

NNADVOKAT [17]

A=p(1+rt)
A=future value
P=present value
R=interest rate
T=time
If you want to find present value
P=A/(1+rt)
If you want to find interest rate
R=[(A/p)-1]divided by t
Finally if you want to find time
T=[(A/p)-1]divided by r

7 0

3 years ago

The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for

zmey [24]

Answer:

$778460

Explanation:

Using the highlow method, we calculate the variable cost per unit,

VC / unit = 855460 - 651960 / 730000 - 545000 = $1.1per unit

The total fixed cost will be = 855460 - (1.1 * 730000) = $52460

The cost estimating equation will be,

Total cost at x number of unit = 1.1x + 52460

The cost of manufacturing supplies for the month of July will be,

Total cost (July) = 1.1(660000) + 52460 = $778460

6 0

3 years ago

Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answ

ArbitrLikvidat [17]

Answer:

SIMON COMPANY'S YEAR END BALANCE SHEET

AT DECEMBER 31 Current 1 yr ago 2 yrs ago

cash 6.1% 8.1% 9.90%

Accounts receivables 16.6% 14.1% 13.2%

inventory 21.5% 18.9% 14.6%

prepaid expense 1.8% 2.1% 1.1%

plant asset 54.0% 56.8% 61.2%

Total Asset 100.0% 100.0% 100.0%

Liabilities and Equity

Accounts payable 24.4% 17.1% 13.2%

Notes payable 18.6% 23.0% 22.5%

common stock 28.5% 33.1% 40.5%

Retained earnings 28.5% 26.9% 23.8%

total 100.0% 100.0% 100.0%

2) The change in % of accounts receivables is unfavorable because this means that our Debtors are not paying instead are continuing to buy on credit and that our collection methods are weak and ineffective.

3) The % change in inventory is unfavorable because it means we are selling less stock as years goes by and that we are buying more than we are selling.

Explanation:

6 0

2 years ago

If the fixed costs of opening an internet-based, artisan soap business are $2,000, the price is $6 per unit and the variable cos

Xelga [282]

First, we must see how much profit is made per bar. 6-2=4 dollars per bar. 2000/4=500, so 500 bars must be sold to break even. Please mark Brainliest!!!

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2 years ago