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3 years ago

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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Allo Foundation, a tax-exempt organization, invested $200,000 in cost-saving equipment. The equipment has a five-year useful lif

murzikaleks [220]

Answer:

$34,310.45

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = $-200,000

Cash flow in year 1 - 5 = 65,000

I = 12%

NPV = $34,310.45

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

6 0

3 years ago

Choose the term that best matches the description given.

RoseWind [281]

Answer:

Copyright is a form of protection grounded in the U.S. Constitution and granted by law for original works of authorship fixed in a tangible medium of expression. Copyright covers both published and unpublished works.

Explanation:

i looked it up

4 0

3 years ago

Last month, sellers of good Y took in $100 in total revenue on sales of 50 units of good Y. This month sellers of good Y raised

nekit [7.7K]

Answer:

Option c = They are Substitutes and have cross price elasticity of 1.67

Explanation:

Cross-Price Elasticity = %change in Quantity demanded of good X

%change in Price of good Y

% change in Quantity Demanded of good X = Q2-Q1 × 100

(Q1+Q2)

% change in Quantity Demanded of good X = 40-20 ×100

(20+40)

% change in Quantity Demanded of good X = 66.67%

% change in price of good Y = P2-P1 × 100

( P1+P2)

Last month Total Revenue = $100

Total Units = 50

Last month Price / unit = 100/50 = $2

This Total Revenue $120

Total units 40

This monthPrice / unit = 120/40 = $3

% change in price of good Y= 3 - 2 × 100

3+2

% change in price of good Y = 1 × 100

2.5

% change in price of good Y = 40%

Cross-Price Elasticity = 66.67

Cross- Price Elasticity = 1.67

Since its greater than 1 its Cross price elasticity of Substitute

also as the price of good y increased from $2 to $3 the quantity demanded of good x increased although its price remained constant which indicates its a substitute good as people preferred buying good x instead of good y

6 0

3 years ago

Based on the following information, what would be recorded as purchases discount if the invoice is paid within the discount peri

lisabon 2012 [21]

Answer:

$30

Explanation:

2/10 net 30 means the supplier extends 30 days credit to the purchaser. If the payment is made between 10 days and 30 days, no discount is allowed.

However if the payment is made within 10 days, 2% of net purchase price would be allowed as a discount by the supplier.

Now, Net Purchases = Total invoice price - freight - purchases returns

Net Purchases = $2150 - $150 - $ 500

Net Purchases= $1500

Rate of discount = 2%

Purchases discount = 2% of 1500= $30 will be allowed if the payment is made within the discount period.

5 0

3 years ago

kim buys a treadmill with a faulty latch. when thinking about her rights as a consumer, kim is most likely concerned about

nlexa [21]

In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.

<h3>What is consumers right?</h3>

This is known to be the Right to Choose from any goods and services of one's choice.

Note that there are a different kinds of quality products and services at competitive prices and as such, In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.

Learn more about right from

brainly.com/question/19681204

#SPJ1

3 0

2 years ago