1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
swat32
3 years ago
11

What is economic system ?​

Business
2 answers:
CaHeK987 [17]3 years ago
8 0

Answer:

An economic system, also known as an economic order, is a method of producing, allocating resources, and distributing products and services within a community or geographical region.

Countries and governments allocate resources and trade commodities and services through economic systems. They are used to manage the five components of production: labor, capital, entrepreneurs, physical assets, and information assets.

<u>------------------------</u>

<u>OAmalOHopeO</u>

<u>------------------------</u>

joja [24]3 years ago
4 0

An Economic System, sometimes known as an <em>Economic Order</em>, is a system for producing, allocating resources, and distributing products and services within a community or geographical region. It is made up of the numerous organizations, agencies, entities, decision-making processes, and consumption patterns that make up a community's economic structure.

You might be interested in
Suppose you bought 100 shares of IBM at $200 per share. What is the maximum loss if you place a stop-loss order at $165
Lynna [10]

Answer:

$3,500

Explanation:

Placing a stop-loss order at $165 means that the last amount that the stock traded, it had a price of $165 per share.

Based on that, it is evident that each stock has lost $35 when compared to the price at which the stop-loss order was placed and the initial cost per share of $200.

Loss per share=$200-$165=$35

The loss incurred on 100 shares of IBM=loss per share*number of shares owned

The loss incurred on 100 shares of IBM=$35*100

The loss incurred on 100 shares of IBM=$3,500

4 0
3 years ago
Prom Night Formal Wear has the following stockholders' equity accounts at December 31, 2018: Common Stock, $1 par value, 1,900,0
aalyn [17]

Answer:

                             Prom Night Formal Wear

                                      Balance sheet

                             Stockholders' equity section

                                    December 31, 2018

                PARTICULAR                                         AMOUNT

Stockholders equity

Common stock                                                       $1,900,000

Additional Paid-in capital                                       $23,000,000

Total Paid-Up Capital                                            $24,900,000

Retained earning                                                    $16,000,000

Treasury stock                                                         ($1,850,000)

                                                                               <u>                        </u>

Total Stockholder equity                                     <u>  $39,050,000</u>

8 0
3 years ago
The interest rate on a 1-year canadian security is 8%. the current exchange rate is c$ = us $0.78. the 1-year forward rate is c$
leva [86]
Answer: 5.23% 
Explanation:
 Given , interest rate, r =0.08; current exchange rate, c =0.78 and forward
rate, f= 0.76
 Let X represent the return earned by the U.S. investing in Canadian security
 x = 1+((1+r)*f/c)
 x =1+(1.08*[0.76/0.78])
  = 5.23%.

6 0
3 years ago
More than two-thirds of business meetings are considered to be what
coldgirl [10]

Complete Question:

More than two-thirds of meetings are considered to be:

A. Highly engaging and productive

B. More effective than a well-worded email

C. Slow sometimes, but mostly entertaining

D. A waste of time

Answer:

D. A waste of time

Explanation:

This answer implies that the number of business meetings should be reduced.  Issues discussed at business meetings can be ironed out through other means of communication.  For example, emails can be used.  Instructions and other information can be passed to the team without necessarily holding meetings.  Teams can interact effectively and efficiently without holding face-to-face meetings.  Some meetings are not productive at all, as the head of the meeting still dominates the speeches instead of giving the team members a conducive environment to air their concerns and opinions and make effective suggestions that will improve business performance and outcomes.

3 0
3 years ago
A firm has issued 10 percent preferred​ stock, which sold for​ $100 per share par value. The cost of issuing and selling the sto
rusak2 [61]

Answer:

The cost of preferred stock is 10.2%

Explanation:

The actual amount realized from issuing the preferred of $100 per share par value is the par value less cost of issuing and selling stock of $2 per share, in other words,$98($100-$2) was realized per share from the issuance.

Having known the net amount realized, the cost of preferred stock can be calculated as follows:

cost of preferred stock =return on preferred stock/net amount realized

return is 10% of $100(par value), i.e $10 per share

cost of preferred stock =$10/$98=10.2%

Note that preferred is not tax deductible like debt financing , hence the rate of tax given is not considered in determining the cost of preferred stock.

8 0
3 years ago
Other questions:
  • If you are in a car accident cause by someone else who also has insurance, which type of insurance plan will not require you to
    11·1 answer
  • If accrotime guarantees a full refund on any defective watch for 2 years after purchase, what percentage of total production wil
    9·1 answer
  • When a firm perceives that a foreign currency is _______, the firm may attempt direct foreign investment in that country, as the
    9·1 answer
  • In which type of economy would both private businesses and the government influence the factors of production, and why
    5·1 answer
  • Lexie, a marketing manager, regularly interviews candidates for her team. Because Lexie is a people person and her department is
    8·1 answer
  • Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales a
    14·1 answer
  • Nike inadvertently offended Chinese officials when it ran an ad featuring LeBron James crushing a number of revered Chinese figu
    14·1 answer
  • Other things equal, the monopsonistic employer will pay a
    14·1 answer
  • Cameron Manufacturing Co.'s static budget at 5,000 units of production includes $40,000 for direct labor and $5,000 for variable
    5·1 answer
  • Broussard Skateboard's sales are expected to increase by 25% from $8.6 million in 2016 to $10.75 million in 2017. Its assets tot
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!