A socialist economy is a system of production where goods and services are produced directly for use in contrast to a capitalist economic system where goods and servives are produced to generate profit therefore which use socialism directly and solely for use. hope this helps??
Face/Par Value. Hope this helps!
-Astro, Helper-In-Training
In two unrelated transactions, Laura exchanges property that qualifies for like-kind exchange treatment .
<h3>What is
transactions?</h3>
A transaction is any action taken by a user after successfully logging in. Purchases, bill payments, money transfers, stock trades, address changes, and other transactions are examples of transactions. Different types of details are involved with each type of Transaction.
Any money that moves into or out of your bank account is considered a bank transaction. Cash withdrawals and deposits, checks, online payments, debit card charges, wire transfers, and loan payments are all examples of bank transactions.
A transaction account is a checking account opened at a physical bank, credit union, or online bank. Many people fund their accounts with direct deposits and mobile transfers.
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Answer:
To gain access to low-cost inputs of production.
Explanation:
Exxon Mobil in this scenario have formed a pact with Gazprom the largest natural gas extractor in the world.
Exxon Mobil is setting up a processing plant in Azerbaijan to process gas supplied by Gazprom.
The main reason for this alliance will be to get cheap input (gas) form Gazprom because they enjoy economies of scale and can supply the gas to Exxon Mobil at lower price.
This arrangement will reduce input cost of Exxon Mobil.
Food Well is pursuing a Focus differentiation strategy.
<h3>What is Focus differentiation?</h3>
This is known to be a method used in competitive advantage where a firm tries to outperform its rivals through the act of offering a product that is seen by consumers to be superior to that of competitors even if its price is higher.
It is known to be used in adopting a differentiation focus strategy. Here, the firm is based on narrow market coverage, and others.
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