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marysya [2.9K]
2 years ago
13

In this type of economy, the government will control some of the means of production, but not all of it. You can still become we

althy and of a high social
class in this type of economy, but the government may tax you heavily if you're wealthy, and redistribute your wealth to others who are deemed to be in
need of it.


HURRY!!!
Business
1 answer:
dimaraw [331]2 years ago
8 0

The he type of economy where the government controls some production means, but not all of it is a mixed economy.

<h3>Types of economic systems:</h3>

Five distinct types of economic systems have been recognized, including:

  • Traditional
  • Command
  • Centrally planned
  • Free Market
  • Mixed

<h3>Characteristics of a mixed economy</h3>
  • Private property and self-interest are protected.
  • Free market activities are allowed.
  • Prices of goods and services are determined by the laws of supply and demand.
  • Government still intervenes in the means of production.

Thus, the type of economy where the government controls some production means, but not all of it is a mixed economy.

Learn more about economic systems here: brainly.com/question/491016

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Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $14.00
romanna [79]

Answer:

The correct answer to the following question will be "$76,986".

Explanation:

Although the organization is reportedly going to pay $14.00 per unit, even before manufactured throughout the corporation, cost and save per unit will become the variation among current value as well as production costs without set rate. The cost of operating expenses will not be included to measure the gain because the idle resources of the company would be included and would not raise the fixed costs.

Therefore the cost differential would be as follows:

⇒ Differential \ cost = (Current \ purchasing \ price-Manufacturing \ cost \ excluding  \ fixed \ cost)\times 38,493On putting the values in the above formula, we get

⇒                        =(14-12)\times 38,493

⇒                        =2\times 38,493

⇒                        =76,986

5 0
3 years ago
Which of the following examples should make a consumer leary to purchase from a business?
Mashutka [201]

Answer:

A. Limited information about the establishment on the company’s website.

Explanation:

A business is promising if they have complete information on their website. The credibility is made sure if the company has proper information that instigates trust among the consumer. The consumer can trust the company if they can reach it easily after the purchase and if the company has proper setup, both physical and virtual.

Therefore the correct answer is option A. Limited information about the establishment on the company’s website.

4 0
3 years ago
Write the difference between right and responsibility​
Natali [406]

Answer:

I gotchu-

Explanation:

A responsibility is something you have to do or (at least) ought to do.

For example, it's the US Citizens responsibility to drive safely.

A right is something you are allowed to do or permitted to do. You have no obligation to exercise your right.

For example, it's the US Citizens right to vote during an election.

In conclusion, a responsibilty is something that the govt expects you to do, while a right is a privelege the govt gives you if you follow the laws.

P.S. To have rights, you must follow your responsibilities.

Hope this helped :)

4 0
3 years ago
Required information
allsm [11]

Answer and Explanation:

The Journal entries are shown below:-

a. Accounts receivable Dr, $189,000

         To service revenue $189,000

(Being service provided on the account is recorded)

Here we debited the accounts receivable as it increased the assets and we credited the service revenue as  it increased the revenue

b. Cash Dr, $184,000

         To Accounts receivable $184,000

(Being collection on accounts is recorded)

Here we debited the cash as it increased the assets and we credited accounts receivable as  it decreased the assets

c. Bad debt expenses Dr, $6,180

         To Allowance for uncollectible accounts $6,180

(Being estimated uncollectible accounts is recorded)

Here we debited the bad debt expenses as it increased the expense and we credited the allowance for uncollectible accounts as  it decreased the asset

Working note

Uncollectible accounts = (Total account - Cash collected) × 20%

= ($25,900 + $189,000) - $184,000 × 20%

= $30,900 × 20%

= $6,180

d. Allowance for uncollectible accounts Dr, $7,900

            To Accounts receivable $7,900

(Being write off of actual bad debt is recorded)

Here we debited the allowance for uncollectible accounts as it increase the allowance and we credited the accounts receivable as it decreased the asset

8 0
3 years ago
A small business has determined that the machinery they currently use will wear out in 16 years. To replace the new machine when
Vlad [161]

Answer:

The initial deposit should be of: $97,439.62

Explanation:

Giving the following information:

To replace the new machine when it wears out, the company wants to establish a savings account today. The interest rate on the account is 1.9 percent per quarter and the cost of the machinery is $325,000.

To calculate the initial investment required, we need to use a variation on the simple interest future value formula:

FV= PV*(1+i)^n

PV= present value

Isolating PV:

PV= FV/(1+i)^n

i= 0.019

n= 4*16= 64

FV= 325,000

PV= 325,000/ (1.019^64)= $97,439.62

8 0
3 years ago
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