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timofeeve [1]
3 years ago
5

distinguish between capitalist and socialist economy. will give brainlest answer to the first person​

Business
2 answers:
anzhelika [568]3 years ago
4 0

Answer:

Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources.

Feliz [49]3 years ago
4 0
Socialism includes private individuals or businesses, rather than the government, own and control the factors of production: entrepreneurship, capital goods, natural resources, and labor. Capitalism's success is dependent on a free-market economy, driven by supply and demand. With socialism, all legal production and distribution decisions are made by the government, with individuals dependent on the state for food, employment, healthcare, and everything else. The government, rather than the free market, determines the amount of output (or supply) and the pricing levels of these goods and services.

I would definitely sum this up before answering!
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Which element of the promotional mix has the inherent weakness of high absolute costs and an inability to obtain direct feedback
lianna [129]

Answer:

Advertising.

Explanation:

Advertising increases costs of product. Customers have to pay high price for the products heavily advertised. Companies do not forgo their profits.

6 0
3 years ago
Which would be processed as an exception to the payment rate typically calculated according to the Federally Qualified Health Ce
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Answer:

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Explanation:

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5 0
2 years ago
Infinite Coffee Inc. owns coffee plantations in Brazil. The company trades its coffee produce directly with coffee merchants in
Bogdan [553]

Answer:

Exporting

Explanation:

Exporting refers to the sale of goods and services to a country different from the one in which they were produced. According to this, the answer is that in this scenario, Infinite Coffee's activities best illustrate exporting because the company sells the coffee to merchants in foreign markets.

4 0
3 years ago
Forty Winks Corporation manufactures night stands. The production budget shows that Forty Winks Corporation plans to produce 1 c
suter [353]

Answer:

Budgeted direct labor cost= $10,150

Explanation:

Giving the following information:

Production:

March= 1,400 units

April= 1,500 units

Each nightstand requires 0.25 direct labor hours in its production. Direct labor rate of $ 14.00 per direct labor hour.

To calculate the production budget cost for direct labor, we need to use the following formula:

Direct labor cost= total direct labor hours*direct labor rate

<u>March:</u>

Direct labor hours= 0.25*1,400= 350 hours

<u>April:</u>

Direct labor hours= 0.25*1,500= 375 hours

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7 0
4 years ago
When the _____ value of debt is the same as its face value, it is said to be selling at _____ value.
Allushta [10]

Answer:

When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.

Explanation:

Face value and par value is same. When market price of the bond is same as the face value of the bond it is said that this debt is trading on its par value. Par or face value is the value on which bond is initially issued and the value mentioned on the face of the bond. So, When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.

8 0
4 years ago
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