Ask question

Ask question

All categories

2 years ago

14

An economy where the government determines the prices of all goods and services produced is called a ( 50 POINTS AND BRAINLIEST

IT HAS TO BE FAST PLS )
a
capitalistic economy

b
command economy

c
free enterprise economy

d
global export economy

1 answer:

Trava [24]2 years ago

7 0

B. Command economy
This is because this is exactly what. Command economy does

You might be interested in

Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and return on investment 18%. Cha

Irina18 [472]

Should be b! hope this helps

5 0

2 years ago

A _____ is an organizational group responsible for coordinating the project management function throughout an organization. a. P

kow [346]

Answer:

Project Management Office is the correct answer.

Explanation:

Project Management Office is a department that focuses on and maintains the quality and overview of project management throughout the organization.

The objective of the Project Management Office is to give a platform that supports all the project teams to achieve and improve the chances of successful outcomes.

5 0

3 years ago

If Ed=2 and price decreases by 1%, by what percentage and in what direction will quantity demanded change?

Arte-miy333 [17]

<u>Given:</u>

Elasticity of Demand = 2

Decrease in price = 1%

<u>To find:</u>

Change in quantity demanded

<u>Solution:</u>

The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,

$\% \text{ change in quantity demanded }=\% \text{ change in price }\times\text{Elasticity of demand }\\\\ \Rightarrow \% \text{ change in quantity demanded }=1\times2\rightarrow 2\%$

Since, there is a decrease in price, the demand for the product will increase. Therefore, we can conclude that there will be 2% increase in quantity demanded

3 0

2 years ago

________ reports assists managers in planning and polciy formulation. The reports shows areas of growth or concentration. A. Cos

Art [367]

Answer:

The correct answer is letter "B": Information.

Explanation:

Information reports provide managers with valuable data that allows executives to make decisions. The data portrayed to managers is usually brief including key points of the current company's performance and numerical data such as percentages or ratios. Informational reports in most cases are feeds of earnings, profits, costs, and corporate losses.

7 0

2 years ago

The GAP is a global clothing retailer for men, women, children, and babies. The following information is taken from The Sap's fi

Alexxandr [17]

Answer:

The GAP

a. Cost of goods sold = $10,364

b. Cash paid to suppliers = $10,409

Explanation:

a) Data and Calculations:

Selected Balance Sheet Data

($ millions) 2015 2014

Inventories $1,918 $1,844

Accounts Payable 1,157 1,128

Purchases during 2015 = $10,438 million

b) Cost of goods sold:

Beginning inventory $1,844

Purchases 10,438

Goods available $12,282

Ending inventory (1,918)

Cost of goods sold $10,364

c) Accounts Payable:

Beginning balance $1,128

Purchases 10,438

Less ending balance 1,157

Cash paid to suppliers $10,409

3 0

3 years ago