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dangina [55]
3 years ago
9

Which economic system best defines: Lowest amount of economic freedom?

Business
1 answer:
Dafna11 [192]3 years ago
6 0

Answer:

command economy

Explanation:

In a command economy, the government is the only determinant of what is to be produced, its quantity, and price.  All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.

The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.

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Economics helps managers because Group of answer choices it helps them focus on the most important issues. it lets them ignore d
murzikaleks [220]

Answer:

it helps them focus on the most important issues

Explanation:

Economics helps the managers with respect to direct, non-direct cost and their benefits

So as per the given situation it would help in focused on the most significant issues

Thus, the first option is correct

And the rest of the options are wrong

So  the same is to be considered and relevant

5 0
3 years ago
producers often make minor changes in products and advertise them as new and improved. Why do they take this action?
aliya0001 [1]

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To combat decreasing marginal utility.

Explanation:

7 0
2 years ago
Refer to the given list of assets.
Cloud [144]

Answer:

a. Items 1,5,9 and 10

Explanation:

M1 refers to Money Supply which includes physical currencies, coins, demand deposits, amounts in checking accounts, liquid cash and other forms of cash that can be withdrawn immediately eg in ATM.

<u>Items under M1 from the question are:</u>

3. Currency (coins and paper money) in circulation

6. Checkable deposits

M2 refers to money supply that comprises of the items in M1 and also include other types of deposits eg Savings deposits, mutual funds by individuals, time deposits. Funds that even though cannot be readily converted to cash but can be withdrawn with more effort.

<u>Items under M2 from the question are:</u>

2. Non-checkable savings deposits

4. Small-denominated (under $100,000) time deposits

7. Money market deposit accounts

8. Money market mutual fund balances held by individuals

8 0
3 years ago
The definition "'parlor' means a room for receiving visitors" is an example of:
JulijaS [17]
A. an etymological definition. -  Parlour from the middle ages the word<span> parloir or parler, which means "to speak." I</span><span>ts original usage denoted a place set aside like an "audience chamber", or receiving area.</span>
6 0
3 years ago
What other information would you need to be confident that the equation in requirement 2 accurately predicts the cost of manufac
Troyanec [42]

Answer:D

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Is the relationship between total manufacturing costs and quantity of drink bottles economically plausible.

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3 years ago
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