Answer:
c) command economies are efficient in the distribution of goods and services but lack incentives.
Explanation:
Command economies are better than free economies in the sense that resources are directed in a particular way which is considered to most efficient and equitable way for people and economy . Free economies give rise to predatory tendencies among stakeholders which may not be most efficient way of generation of wealth.
But it suffers from the weakness of lack of incentive for future growth.
This is what is argued in favor of capitalism.
Answer:
1800
Explanation:
Production Function is the relationship between production inputs & production outputs, given technology. It shows maximum output that can be produced with minimum inputs, given technology.
Production Function: f (L,K,M) = L + K^2 + 4M
K = 40 , L = 100 , M = 100
Production = 100 + (40)^2 + 100
100 + 1600 + 100
= 1800
Answer: Stage 3- Success stage.
Explanation:
Businesses are different in capacity and size for growth and are characterized by different organization structures, independence of action, and varied management styles.
The success stage is the stage at which companies seek whether to exploit their accomplishments and expand or rather enhance the stability of the company stable and profit. The main issue is to use the firm as an avenue for growth or means of support for the owners as they engage in complete or partial disengagement from the firm. During this stage, as the company grows, employers are more interested in the product and its growth.
Answer: 10.79%
Explanation:
Based on the information given, the return in year 1 will be:
= (22.5 + 2)/21 - 1
= 1.1136 - 1
= 0.1136
= 11.36%
The return in year 2 will be:
= (22.8 + 2)/22.5 - 1
= 1.1022 - 1
= 0.1022
= 10.22%
Therefore weighted return will be:
= (11.36% + 10.22%)/2
= 21.58%/2
= 10.79%
Answer:
C. stock price changes that are random and unpredictable
Explanation:
Random walk -
In terms of business ,
This theory determines the changes in the prices of stock are not related to each other and are basically completely random and can not be predicted .
Hence , the past details can not forecast the present changes in the stock market .
Hence , the correct statement about random walk is ( c ) .