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trasher [3.6K]
4 years ago
14

Your friend is a business owner in a planned economy. In a few sentences, explain how central authority impacts his business.

Business
1 answer:
loris [4]4 years ago
7 0

Answer with Explanation:

A "Centrally Planned Economy" refers to an economy where the government's authority affects the economic decisions of the business owners. This means that the business owners and the consumers do not have a say when it comes to their decisions regarding the supply and demand of the items.

This also means that the business owner cannot decide on what product he will be producing, including its process of production and distribution.

Additional Explanation:

Although the command economy signals a <em>lack of freedom for business owners,</em> it has some advantages as well. It results to <u>low unemployment level.</u> The government has the ability to set the number of workers that the business owners will hire in order to address the unemployment rate. Products and services that will be produced are all directed for <em>the good of the people</em>. It is not "profit-driven."

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Maurice, the marketing head of a nonprofit organization, always begins his presentation on a project by sharing a lesser-known f
fomenos

Answer:

The answer is: a startling statistic.

Explanation:

Startling can be defined as causing momentary surprise, astonishment or even fright.

When you use a starling statistic or a startling statement, you will probably grab your audience´s complete attention right away. They are excellent starting points for a presentation.

One of the best examples is Chris Anderson starting a presentation with:

            “I'm going to tell you something that might surprise you:

               Since the Stone Age, more than half of the deaths of

                          humankind have been from 1 disease.”

3 0
3 years ago
In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe
N76 [4]

Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

National saving =Gross domestic product-Consumption expenditure-Government expenditure

Let plug in the formula

National saving=$2,450 billion-$1,390 billion- $325 billion

National saving=$735 billion

Therefore the national saving is $735 billion

7 0
3 years ago
In the presence of producer producer rivalry the price will tend to be ___.
vodomira [7]

Answer:

The correct answer is letter "A": be driven to a lower price.

Explanation:

Typically, when there is a producer to producer competition, the competing companies tend to <em>lower </em>their product prices. This happens because of the belief consumers are mainly price driven at the moment of discriminating in choosing to buy one good over another. Though, it allows consumers to at least have a couple of sources from where to choose at a fair price.

6 0
3 years ago
In most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed
Jlenok [28]

Answer: disaffirm

Explanation:

most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed contract), the minor may disaffirm the contract.

It should be noted that a contract that is signed by a minor unless in some rare exceptions is normally void and therefore, the minor can disaffirm the contract.

8 0
4 years ago
There are many account representatives who can help you with your order is an example of a cliche.
kenny6666 [7]

The statement"There are many account representatives who can help you with your order is an example of a cliche." is FALSE.  This is further explained below.

<h3>What are account representatives?</h3>

Generally, A professional who typically works on teams that are responsible for providing customer support and creating relationships is known as an Account Representative. They bring in revenue through establishing new customer connections and fostering those that are already in existence. They collaborate with clients on an as-needed basis throughout each step of the development process.

In conclusion, The convenience factor is one of the many benefits that listeners may get from podcasting as a form of advertising.

Read more about account representatives

brainly.com/question/27098701

#SPJ1

6 0
2 years ago
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