In a pure command economy, the prices at which goods and services are sold are planned by the the government or ruling authority .
A command economy is a principle point of a political system in which a central governmental authority forces the levels of production that are allowed and the prices that may be paid for goods and services. Most industries are owned by the public.
The principal alternative to a command economy is a free market economy where supply and demand determine prices and output.A communist political system includes a command economy, whereas capitalist countries have a free market.
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Points inside the production possibilities frontier are achievable, but still make full use of all available resources.
a. true
b. false
False - The production possibilities frontier are reachable while utilizing all resources to the fullest extent possible.
What Is the Production Possibility Frontier (PPF)?
The Production Possibility Frontier (PPF) is a curve on a graph that illustrates the viable portions that may be produced of merchandise if each rely on the equal finite useful resource for his or her manufacture. The PPF is likewise called the manufacturing opportunity curve.
PPF additionally performs a essential function in economics. For example, it could display that a nation`s economic system has reached the best degree of performance viable. The PPF is the region on a graph representing manufacturing stages that can not be received given the to be had resources; the curve represents surest stages.
As sources are taken from one product and allotted to the other, some other factor may be plotted at the curve. When you plot the factors wherein greater of X can be produced via way of means of taking sources from Y or vice versa, a curve is generated representing the most quantity of every product that may be produced as sources are reallocated.
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If a seller carries back $12,000 at 10 percent interest and closes on july 9 with the first loan payment due september 1, the interest on the new loan on the settlement worksheet will be:_____.
If a seller carries back $12,000 at 10 percent interest and closes on july 9 with the first loan payment due september 1, the interest on the new loan on the settlement worksheet will be $75.62 Debit Buyer & Credit Seller.
What is interest?In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount. It differs from a fee the borrower might pay the lender or another entity.The three different kinds of interest are simple (regular), accumulated, and compound. When money is borrowed, typically in the form of a loan, the borrower is obligated to pay the agreed-upon interest rate. The $20 you made on your savings account this year is an example of interest.Learn more about interest here:
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The amount a firm earns from selling products to customers is its _______. multiple choice question.
The amount a firm earns from selling products to customers is its revenue
What is distinction between revenue and profit?
The difference between revenue and profit is that the latter is the total earnings from customers by selling products to them, whereas refers to the net earnings from selling products to customers after having considered the cost of those products, in other words, profit is the excess of sales revenue over the cost of goods sold.
In this instance, there was no mention of cost of those goods sold customers, in effect, we are not expected to consider cost of sales, which means that only revenue is received from customers when we sell to them, the profit can only be ascertained if we factor in cost of products sold, the amount required here is the revenue.
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In 1971, under president richard nixon, the federal government passed legislation that "froze" wages and the prices of consumer items. however, that did little to stop the increase in inflation or unemployment. what can you infer was behind nixon's decision to "freeze" wages and prices? workers would be willing to be paid less if it would help the economy. consumers would buy more if inflation continued to rise. inflation affects wages and prices, so freezing those would halt inflation. rising inflation would lead to improvements in unemployment.
The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.
When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.
As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.
Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.
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Answer:C
Explanation:edge 2022
In the context of international trade restrictions, nontariff barriers tend to be fairly effective because:__________
In the context of international trade restrictions, nontariff barriers tend to be fairly effective because complaints about them can be easy to counter.
What is nontariff barriers?
Non-tariff trade barriers prevent the import or export of goods or services by means other than the plain imposition of tariffs. According to the Southern African Development Community, a non-tariff barrier is any restriction on global commerce that is not an import or export fee.
Therefore,
In the context of international trade restrictions, nontariff barriers tend to be fairly effective because complaints about them can be easy to counter.
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Which of the following describe the purpose of the Conceptual Framework? A. It prescribes the nature, function, and limits of financial accounting and reporting.
B. It provides structure and direction to financial accounting and reporting.
C. It sets forth the underlying concepts of accounting that guide the selection of events to be accounted for the measurement of those events, and the means of summarizing and communicating them to interested parties.
D. It summaries U.S. accounting standards.
The conceptual Framework prescribes the nature, function, and limits of financial accounting and reporting. It provides structure and direction to financial accounting and reporting.
What is Financial Accounting?Financial accounting is a particular discipline of accounting that deals with the process of documenting, compiling, and presenting the numerous transactions resulting from corporate operations throughout time.
Financial statements, such as the balance sheet, income statement, and cash flow statement, which track the business' operating performance over a given time period, are prepared using a summary of these activities.
Both the public and private sectors offer job prospects for financial accountants. The responsibilities of a financial accountant may differ from those of a general accountant, who works for himself or herself instead of directly for a business or organization.
The conceptual framework sets forth the underlying concepts of accounting that guide the selection of events to be accounted for the measurement of those events, and the means of summarizing and communicating them to interested parties.
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The first amendment clause barring the government from passing any laws that prohibit an individual's practice of his or her religion is known as the ______ clause.
It's known as the "free-exercise clause." The first amendment provision forbids the government from enacting any legislation that would restrict a person's right to practice their religion. It bans the government from retaliating against a person's exercise of their religion.
Be aware that the 1st amendment guarantees the right for people to assemble in peace and petition for justice.
The Constitution forbids the government from endorsing one religion over another or from favoring one over the other. It also goes by the name Establishment Clause and demands that the government be impartial toward religious institutions.
Following are some of the first amendment rights that encourage healthy civic discourses:
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A convertible bond has a conversion price of $40 and is currently selling in the market at $950. the conversion ratio is:__________
Based on the conversion price and the current selling price, the conversion ratio of the convertible bond is $25
What is the conversion ratio?The conversion ratio of a bond can be found as:
= Par value of bond / Conversion price
The par value of a bond is often $1,000 so the conversion ratio is:
= 1,000 / Conversion price
Solving gives:
= 1,000 / 40
= $25
In conclusion, the conversion ratio is $25.
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_____________ helps companies tap into the massive volume of customer opinions expressed online. media mining text mining unstructured analytics media metrics
Text mining helps companies tap into the massive volume of customer opinions expressed online.
What is text mining?Similar to text analytics, text mining is the technique of extracting high-quality information from text. It is also known as text data mining. It entails "the automatic extraction of information from several written sources to create new, previously unknown information by computer."
The process of converting unstructured text into a structured format with the purpose of identifying significant patterns and fresh insights is known as text mining, also known as text data mining.
Natural language processing is used automatically in text mining to glean insightful information from unstructured material. Text mining automates the process of categorizing texts by sentiment, topic, and intent by converting data into knowledge that computers can comprehend.
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In underground economies, governments are heavily involved in making decisions on the goods sold and the prices set. true or false
In underground economies, governments are heavily involved in making decisions on the goods sold and the prices set. The above statement is False.
Economic transactions that are not tracked by official statistics and that disobey rules and laws are considered part of the underground economy. It consists of non-market activities, such as raising your own veggies.
The underground economy does not cause significant economic downturns. First, it represents a small percentage of economies. It is not because people participate in an illicit activity that there is a sudden, rapid decline in consumer demand and a fall in measured output.
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Occupational safety and health administration (osha) violations are categorized into three types: willful, intentional, and non-intentional. a. true b. false
Occupational safety and health administration (osha) violations are categorized into three types: willful, intentional, and non-intentional-FALSE
By establishing and enforcing standards, as well as by offering outreach, information, and help, the Occupational Safety and Health Administration (OSHA) ensures safe and healthy working conditions.Occupational Safety and Health (OSHA) deals with all aspects of health and safety in the workplace and has a strong focus on primary prevention of hazards. Its goal is to prevent accidents and harm to people from work-related activities.Every company has safety concerns that, if not properly handled, might have an effect on its personnel. Occupational safety refers to certain specific kinds of safety concerns. Occupational safety covers all facets of occupational health and safety, including social, mental, and physical factors.To know more about Occupational Safety and Health visit:
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______ is where a media company uses its combined properties to promote each other and add value to the company. group of answer choices broadband networks synergy e-commerce competition
Synergy is where a media company uses its combined properties to promote each other and add value to the company.
How would you describe long tail media?The long tail is a business technique that enables businesses to make huge profits by selling small quantities of difficult-to-find goods to many of clients as opposed to only selling big quantities of a small number of popular goods. Researcher Chris Anderson initially used the word in 2004.
They gather user data via games, tests, and other interactive content, then sell that data to business partners.
Chris Anderson came up with the phrase "The Long Tail" to express the concept that the internet has changed the sorts of items that generate the majority of the income, making the sale of a lot of specialised products more crucial to a company's sales.
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Fixed assets are property and buildings that a firm expects to use for more than?
Fixed assets are land and buildings that a business anticipates using for more than a year.
Describe fixed assets.A business seeks to create income over the long term by using fixed assets.The most widely used phrase to describe fixed assets is "property, plant, and equipment."Any asset that is anticipated to be sold for cash or used within a year is considered a current asset.Along with fixed assets, noncurrent assets also include long-term investments and intangibles.Intangibles are amortized, whereas fixed assets are subject to depreciation to account for the decrease in value as the assets are utilized.To know more about Fixed assets visit:
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In determining whether there has been a violation of position limits, short puts will be aggregated with? i short calls ii long calls iii long puts
Short puts will be combined with short calls to determine if position limits have been violated.
So, option i) short calls is the correct answer.
position limit is a restriction on the number of derivative contracts that a trader or linked group of traders may hold, such as options or futures contracts. The US Commodity Futures Trading Commission and/or the exchange where the specific contracts are traded set this ceiling. A single investor or a group of investors cannot invest more than that amount. A position limit prevents any one trader or group of traders from holding a significant number of contracts for a given security. This limitation inhibits market price manipulation.
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Owner investments cause a(n) _______(increase/decrease) in equity and are entered directly in owner's (capital/withdrawals/revenue).
Owner investments increase equity and are accounted for as capital belonging to the owner.
Owner investment, also known as contributed capital, refers to the amount of assets the owner invests in the business. To put it another way, this is the sum of money or other assets that the owner invests in the company to either launch it or maintain it.
A temporary equity account with a credit balance serves as the investment account for the owner. This increases the balance in the owner's capital account because the investment account is closed out at the end of each year. Investment can be compared to a financial gift from the owner to the business. The owner's capital account, which represents his ownership interest in the company, increases every time he contributes money to it.
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A reasonable value to assume for the efficiency of a common solar cell that is used in typical pv installations on homes and businesses is:_______
A reasonable value to assume for the efficiency of a common solar cell that is used in typical pv installations on homes and businesses is 0.50 to 0.55.
Solar Photovoltaic Cell Basics
A photovoltaic (PV) cell, also known as a solar cell, can either reflect, absorb, or pass through light that strikes it. The semiconductor material that makes up the PV cell can conduct electricity more effectively than an insulator but not as effectively as a good conductor like a metal. In PV cells, a variety of semiconductor materials are employed.
When a semiconductor is exposed to light, the light's energy is absorbed and transferred to the semiconductor's negatively charged electrons. The additional energy enables the electrons to conduct an electrical current through the material.
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Complex behavior rooted in the pursuit of interpersonal goals, friendly atmosphere, consensus, modesty, caring for the weak, and quality of life is defined as:________
Complex behavior rooted in the pursuit of interpersonal goals, friendly atmosphere, consensus, modesty, caring for the weak, and quality of life is defined as femininity.
What is femininity?
Typically associated with women and girls, femininity is a set of traits, behaviors, and duties. There is some evidence that some behaviors that are considered to be feminine are influenced by both biological and cultural factors, therefore it is conceivable to view femininity as a social construction.
Therefore,
Complex behavior rooted in the pursuit of interpersonal goals, friendly atmosphere, consensus, modesty, caring for the weak, and quality of life is defined as femininity.
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Consider the market for new dvds. If dvd players became cheaper, buyers expected dvd prices to fall next year, used dvds became more expensive, and dvd production technology improved, then the equilibrium price of a new dvd would.
Then the equilibrium price of a new DVD would
Could rise, fall, or remain unchangedIn financial matters, monetary harmony is what is going on in which financial powers, for example, organic market are adjusted and without outer impacts the upsides of financial factors won't change.
What happens when cost is at balance?Harmony is the state wherein market organic market balance one another, and subsequently costs become steady. By and large, an over-supply of labor and products aims costs to go down, which brings about more popularity — while an under-supply or lack makes costs go up bringing about less interest.To learn more about equilibrium price click the links.
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Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. multiple choice question. cash revenues expenses owner's withdrawals
Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. 'cash'
therefore the correct option is Cash
Cash Revenues:
Cash Revenues includes all incremental cash revenues to the Purchaser from any acquisitions of a majority interest (whether for cash or shares) in any entities during such period, including cash revenues from strategic alliances or joint ventures of the Purchaser. Cash Revenues includes the consolidated cash revenues of the Purchaser, inclusive of cash revenues of UBarter.com from March 1, 1999 to February 29, 2000, which do not include trade dollar revenues. Cash Revenues are the amounts Medtox actually receives from Customers for the invoiced amounts, less any costs associated with collecting the samples and paying the Medical Review Officer (MRO) fees. 12
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Those who support globalization recognize that while some concessions occur during the process of globalization, ultimately, it still works because?
Those who support globalization recognize that while some concessions occur during the process of globalization, ultimately, it still works because the benefits outweigh the costs.
Globalization is the global economy, culture, and people brought about by cross-border trade in goods and services, technology and investment, the flow of people and information, and the fact that the world has become more connected through technology. It is a term that describes the growing interdependence of A place of interdependence. The scope of globalization also includes the resulting economic and social changes.
According to the International Monetary Fund, 'globalization' is defined as an increase in the volume and variety of cross-border transactions in goods and services, international capital flows, and an increase in the number of countries around the world through faster and more extensive transactions. It means increasing interdependence. diffusion of technology”.
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When a company such as best buy provides a loyal customer with a relevant coupon, based on previous purchases through his or her mobile phone, while the customer is in the store, this is an example of:_________
When a company such as best buy provides a loyal customer with a relevant coupon, based on previous purchases through his or her mobile phone, while the customer is in the store, this is an example of: experiencing the product or service.
Who is a loyal customer?
A loyal customer can be defined as those customers that often buys product from a particular person and those not buy from any other person else. This type of customers are often loyal to the core.
Product or services experience is important as it enables customers to remain loyal to the company based on the quality of service the customer enjoy and the value the company add to the customers.
Therefore this is an example of: experiencing the product or service.
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Novartis is using education to build a market where none has existed before. why have very poor people been underserved by for-profit companies?
The reason why poor people have been underserved by for-profit companies is that the products and services offered by these companies are often unsuited to their needs.
Why are very poor people underserved by for-profit companies?When a person is underserved, it means that their needs are not being taken care of by the product offerings on market.
For-profit companies focused on making products that will make them more profit and these are not very suitable for very poor people who can't afford these products.
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In porter's generic competitive strategies, which strategy combines a focus on a total market scope and a competitive cost advantage?
In porter's generic competitive strategies, focus strategy and overall cost leadership strategy combines a focus on a total market scope and a competitive cost advantage respectively.
What is focus strategy?A focus strategy is a competitive tactic used to target marketing and sales at a certain market niche. Utilizing underserved or untapped markets is the goal of this technique.
While many rivals want to reach as many clients as possible with their sales, a focus approach chooses one or more certain categories. It gains an advantage by providing that sector with either high quality or low cost. These actions may improve client loyalty.
There are primarily two categories of focus strategies. One aspires to outperform the competition by cost leaders, while the other wants to succeed by differentiation itself.
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Compare and contrast the similarities and differences between international, domestic, and local hospitality and tourism
Evaluate and contrast the similarities and differences among international, domestic, and nearby hospitality and tourism: domestic and global tourism are such types whose fundamental difference is the form of tourists. home tourism involves citizens of one u . s. a . journeying inside that united states while global tourism involves vacationers who're visiting one-of-a-kind international locations.
The definition of domestic is a product made on your property u. s ., or a person hired to do family work such as cleaning. An example of a home is a product made inside the united states. An instance of a home is a housekeeper. Of or referring to a country's internal affairs.
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Efforts to carry out critical management-related duties, such as planning, setting objectives for employees, and monitoring performance, can be best categorized as?
It is best to classify actions taken to accomplish important management-related tasks as task-related activities, such as planning, establishing goals for workers, and monitoring performance.
Task-based activities require students to utilize the target language in order to complete a process with a predetermined result. The finest TBL exercises include examples from actual events so that the students may see how the lesson relates to their own lives.
What are some task-based examples?
A lesson or unit in task-based learning is created to assist students in completing a specific activity, such as writing a letter, reserving a flight, organizing a trip, working together to create a product, or conducting a meeting.
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Your firm currently has taxable income of $80,500. how much additional tax will you owe if you increase your taxable income by $21,700?
Answer:
$102,200
Explanation:
A self-managed team is designed to include members from different areas within an organization, such as finance, operations, and sales.
a. true
b. false
True, A self-managed team is designed to include members from different areas within an organization, such as finance, operations, and sales.
What is self-managed group in leadership?In general, self-managing teams tend to have well-defined job functions and are accountable for monitoring and managing their own performance. Instead of managers advising them what to do, these teams gather and synthesize information, make important findings, and take communal responsibility for completing their goals
What are the benefits of a self-managed team?
Effective decision-making: Self-managed teams can develop quicker or more valuable decision-making skills. Increased productivity: Teams work towards a common goal and are accountable for their actions. When successful, self-managed teams can be 15–20 percent more effective than other types of team.
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Marketing is an activity that creates value for customers, clients, partners, and society at large. a firm does this by blank______. (select three answers)
Marketing is an activity that creates value for customers, clients, partners, and society at large. A firm does this by: communicating offerings, delivering offerings and creating offerings
What is marketing activity?
Marketing activity can be defined as the avenue through a firm makes its products or services known to the target customers while also making sure they the added benefits that the products or services offer or that they understand the problems could be solved by using them.
Marketing activity involves communicating effectively the products or offerings, what the company has to offer, ensuring that the products can deliver on the promised benefits coupled with creating offerings, which means that the customers are satisfied when the products have been tried and that there is a recourse such as after sales services
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Full question with options:
Marketing is an activity that creates value for customers, clients, partners, and society at large. A firm does this by ______. (Select three answers) Multiple select question. creating offerings expanding markets delivering offerings segmenting offerings communicating offerings selecting markets
Businesses sometimes pursue a(n) ________ goal to balance the conflicting goals of stakeholders to promote their overall welfare, even at the expense of profits.
Businesses sometimes pursue a social responsibility goal to balance the conflicting goals of stakeholders to promote their overall welfare, even at the expense of profits. Corporate social responsibility (CSR), usually referred to as social responsibility in business, is the practice of individuals and organizations acting morally and conducting business while being mindful of social, cultural, economic, and environmental concerns.
Corporate Social Responsibility: An Overview (CSR)Corporate social responsibility is a wide concept that can take many various forms depending on the company and industry. Businesses can enhance their brands while helping society through CSR initiatives, charity, and volunteer work.
A firm must first be accountable to itself and its shareholders before it can be socially responsible. Companies that implement CSR initiatives frequently expand to the point where they can support the community. Therefore, CSR is often a technique that big businesses use. After all, a company has a greater need to provide an example of moral conduct for its associates, rivals, and industry the more visible and successful it becomes.
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Which element of the marketing mix refers to the specific combination of goods, services, or ideas that a firm offers to consumers?
The element of the marketing mix refers to the specific combination of goods, services, or ideas that a firm offers to consumers is known to be called product.
Which component of the marketing mix refers to the goods and services combination?The Product is known to be a term that connote the goods and services that is said to be provided or offered by a firm to its customers.
Note that it is one that can be said to be physical as well as virtual or cyber form.
Therefore, The element of the marketing mix refers to the specific combination of goods, services, or ideas that a firm offers to consumers is known to be called product.
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