What is one example of a planned economy?

laissez-faire economy

free enterprise economy

socialist economy

market economy

Answers

Answer 1

Answer:

socialist economy

Explanation:

A planned economy is a system where the government or the central authority makes all major economic decisions. The government decides on the type and quantities of goods to produce and for whom to produce. In the planned economy, factors of production belong to the government. Manufacture of goods and services is motivated by service to the community, not profits.

A socialist economy is a good example of a planned economy. Just like in a planned economy, a socialist economy is characterized by heavy government involvement. The state controls the factors of production. Public service is the reason for economic production, while consumers do not have the liberty to choose products.


Related Questions

Compare and contrast the benefits associated with market and command economies
How might mixed economy acquire similar benefits?

Answers

Answer:

A mixed economic system has features of both a command and a free-market system.because it is partly controlled by the government and partly based on the forces of supply and demand. Most of the main economies in the world are now mixed economies, which operate under a combination of socialism and capitalism, and governments in most mixed economies use fiscal or monetary policies to stimulate growth during economic slowdowns. This may come in the form of corporate bailouts, changes in interest rates, or other stimulus packages.

The ABC Cleaning Company is assessing the value of its tangible and intangible assets. Its intangible assets would most likely include their _____.

Answers

Answer:

Intangible assets might include: A trademark, a patent, copyright, or even a brand.

Economic sanctions are more restrictive than trade sanctions

True or False

Answers

The answer is True, hope this helps

Select the qualification that is best demonstrated in each example. Clyde explains the equipment installation process to a customer. Meredith picks up a heavy stereo and puts it in place on a shelf. Brittney figures out what is wrong with a phone line that is not working.

Answers

Answer:

D, A, D

Explanation:

dad lol

Answer:

D

A

D

Explanation:

your welcome

ong answer: right here right now, inc. sells streaming media subscriptionsthe company has grown alot recently and has noticed that it has been getting a larger number of complaints about customer service right here right now arranged for its customer service employees to recieve training on best practices and telephone customer service they have hired you to thoroughly evaluate the training you to arrange a meeting to go over your plans with customer service manager below create a brief meeting agenda including objectives discussion topics each with a estimated amount of time alotted to it and propose next steps your discussion topics should include brief descripters of the areas you plan to evaluate and soon those evaluations should take place include all four levels of evaluation discussed

Answers

Answer:

well i first would welcome everyone and thank you for coming

1. Training what is going well and what needs to change

2.Meeting ask anyone what they think that might help

3.Due times if any work that you assigned tell them if there is a due date

4.Plans to evaluate when the next meeting should be held

Explanation:

A plant nursery is having a sale. Potted begonias are marked down 27%, and tomato seedlings are marked down 35%. If you pay $6.57 each for two potted begonias and $2.60 each for three tomato seedlings, how much did you save? a. $3.83 b. $5.31 c. $6.92 d. $9.06 Please select the best answer from the choices provided A B C D

Answers

Answer:

d. $9.06

Explanation:

Potted begonias were purchased at $6.57 each. It means that $6.57 represents the original price less 27% discount.

$6.57 equal to 73% of the original price.

The original price is $6.57/73 x 100

=0.09 x 100

=$9.

Tomato seedlings cost $2.60 each.

$2.60 represents the original price less 35% discount

$2.60 is the equivalent of 65% of the original price.

100 % = 2.60/65 x 100

=0.04 x 100

=$4

Total savings will be as follows.

Each Potted begonias saves $9 - $6.57= $2.43

two potted begonias save $2.43 x 2 =$4.86

Each tomato seedlings saves  $4-$2.60= $1.40

Three tomato seedling will save = $1.40 x 3 = $4.2

 

Total savings will be  $4.86 + $4.2= $9.06

Answer:

D on ED2021

Explanation:

Got it right 2021 ED

What does the term “smalling up” mean, according to white? What ways have you or people you know had to “small up”? If you haven’t, what ways could you?

Answers

Instead of buying what she would normally buy White purchased a smaller item and would save money over time to eventually make a higher purchase. I normally buy starbucks but now I make coffee at home and save that money to buy a car.

As the term “smalling up” mean, according to white to make the amount as the way that they spend their money.

What are white people?

Greco-Roman archaeology and other historical or historical texts occasionally refer to inhabitants as "White" in relation to their skin tone, predating this idea, but these cultures had no concept of a White or pan-European race. In the latter seventeenth century, the phrase "White race" or "White people," which refers to their pale complexion among several other physical traits, reached the major European languages.

White mentions "smalling up," which is steering clear of things you don't need to save money, and "bridgework," which entails accepting employment that may under your skill level or pay grade. White made a smaller expenditure than she would have ordinarily done in order to save money for a larger one in the future.

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Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the same, the equilibrium price is $3.50 , and the equilibrium quantity is 29.0 . When the price is $11.75 , the quantity supplied of motorcycles is 57.0 and the quantity supplied of pancakes is 111.0 . For simplicity of analysis, the demand for both goods is the same.

Answers

Answer:

a. 1.08

b. Supply in the market for motorcycles is less elastic than supply in the market for pancakes.

Explanation:

Note: This question is not complete. The complete question is therefore provide before answering the question as follows:

Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the same, the equilibrium price is $3.50 , and the equilibrium quantity is 29.0 . When the price is $11.75 , the quantity supplied of motorcycles is 57.0 and the quantity supplied of pancakes is 111.0 . For simplicity of analysis, the demand for both goods is the same.

a. Using the midpoint formula, calculate the elasticity of supply for pancakes? Please round to two decimal places.

b. Supply in the market for motorcycles is:

o. less elastic than supply in the market for pancakes.

o. More elastic than supply in the market for pancakes.

o. There is no enough information to tell which will have a higher elasticity.

o. The same elasticity as supply in the market for pancakes.

The explanation to the answers is now given as follows:

a. Using the midpoint formula, calculate the elasticity of supply for pancakes? Please round to two decimal places.

The elasticity of supply for pancakes can be calculated as follows:

Percentage change in quantity of pancakes supplied = ((New supply - Old supply) / ((New supply + Old supply) / 2)) * 100 = ((111 - 29) / ((111 + 29) / 2)) * 100 =  117.142857142857%

Percentage change in price of pancakes = ((New price - Old price) / ((New price + Old price) / 2)) * 100 = ((11.75 - 3.5) / ((11.75 + 3.5) / 2)) * 100 = 108.196721311475%

Therefore, we have:

Elasticity of supply of pancakes = Percentage change in quantity of pancakes supplied / Percentage change in price of pancakes = 117.142857142857% / 108.196721311475% = 1.08268398268398 = 1.08

Therefore, the elasticity of supply of pancakes is about 1.08. Note that since the price elasticity of demand of about 1.08 is greater than 1, it implies that the relationship between the quantity supplied and the price of pancakes is elastic.

b. Supply in the market for motorcycles is:

This can be determined by calculating the elasticity of supply for motorcycles and compare it with that of pancakes follows:

Percentage change in quantity of motorcycles supplied = ((New supply - Old supply) / ((New supply + Old supply) / 2)) * 100 = ((57 - 29) / ((57 + 29) / 2)) * 100 =  65.1162790697674%

Percentage change in price of motorcycles = ((New price - Old price) / ((New price + Old price) / 2)) * 100 = ((11.75 - 3.5) / ((11.75 + 3.5) / 2)) * 100 = 108.196721311475%

Therefore, we have:

Elasticity of supply for motorcycles = Percentage change in quantity of motorcycles supplied / Percentage change in price of motorcycles = 65.1162790697674% / 108.196721311475% = 0.601832276250881 = 0.60

Therefore, the elasticity of supply of motorcycles is about 0.60. Note that since the price elasticity of demand of about 0.60 is less than 1, it implies that the relationship between the quantity supplied and the price of motorcycles is inelastic.

Conclusion:

Based on the calculation above, supply in the market for motorcycles is less elastic than supply in the market for pancakes.

The reason is that the relationship between the quantity supplied and the price of pancakes is elastic but the relationship between the quantity supplied and the price of motorcycles is inelastic.

Which line of code will print I like to code on the screen?
O print("I like to code")
O print (I like to code)
O print("I LIKE TO CODE")
Oprint = I like to code



Helppp pleaseee

Answers

Answer:

the first one I think I'm not 100% sure tho

Answer:

O print(I like to code)

Explanation:

I do not know if it is correct though.

who likes this hair style ii think imma get it?

Answers

Requires a medical diagnosis

People with hyperopia must squint to see nearby objects. Reading, writing, computer work or drawing for long periods of time may cause eye strain and headache.

Type the correct answer in the box. Spell all words correctly.
In which closing technique does a salesperson respond to a customer's question with a counter question to close the sale?
In a __________ close, a salesperson's objective is to respond to a customer's question with a counter question that might help close
In a
the sale quickly

Answers

Answer:porcupine close

Explanation:

On page 23 of the Plato work

John Jacobson entered into a contract with Spring Water Drilling, Corp to drill and install a spring well system that would produce a specified quantity of water each month. After the system was installed, it was unable to meet the water volume production level specified in the contract. Jacobson has initiated a lawsuit against Spring Water. Would this dispute be resolved using the Uniform Commercial Code?

Answers

Answer:

UCC rules apply for transactions involving goods, banking and loans. It does not include real estate transactions, employment transactions nor service transactions.

In this case, Jacobson engaged in a contract with Spring Water and that contract involved the performance of a drilling and installation service. The key aspect here is that Spring Water is not selling a spring well, it is drilling one.

Services are not covered by UCC rules, therefore, this dispute cannot be resolved using the UCC.


Diego wants to buy a dirt bike. He borrows a $7,999 simple interest loan from the bank
for 36 months at an interest rate of 9.7%.How much simple interest will he pay

Answers

Answer:

$ 2,327.709

Explanation:

Only the principal amount is considered when calculating simple interest. In simple interest, the principal amount remains constant. The formula for simple interest is as I = p x i x t

where I = interest

P = principal amount ...

i= interest rate

t= time

For Diego, p= $7,999, i= 9.7% , t 36 months or 3 years

Diego will pay

I= 7999 x( 9.7/100) x 3

I= 7999 x 0.097 x 3

Diego will pay  $ 2,327.709

Allied Parts was organized on May 1, 2013 and made its first purchase of merchandise on May 3. The purchase was for 1,500 units at a price of $11 per unit. On May 5 Allied Parts sold 900 of the units for $15 per unit to Baker Co. Terms of the sale were 2/10 n/60. a. On May 7, Baker returns 315 units because they did not fit the customers needs. Allied Parts restores the units to its inventory. b. On May 8, Baker discovers that 75 units are damaged but are still of some use and therefore, keeps the units. Allied Parts sends Baker a credit memorandum for $525 to compensate for the damage. c. On May 15, Baker discovers that 50 units are the wrong color. Baker keeps 54 of these units because Allied Parts sends a $110 credit memorandum to compensate. Baker returns the remaining 36 units to Allied Parts. Allied Parts restores the 36 returned units to its inventory.

Answers

Answer:

the requirements are missing, so I looked for them on similar questions. Journal entries need to be recorded regarding all the transactions with Baker Co.:

May 5, 2013, 900 units sold to Baker Co., credit terms 2/10 n/60

Dr Accounts receivable 13,500

    Cr Sales revenue 13,500

Dr Cost of goods sold 9,900

    Cr Inventory 9,900

a. May 7, 2013, Baker returns 315 units

Dr Sales returns and allowances 4,725

    Cr Accounts receivable 4,725

Dr Inventory 3,465

    Cr Cost of goods sold 3,465

b. May 8, 2013, sales allowance given to Baker to compensate damaged units

Dr Sales returns and allowances 525

    Cr Accounts receivable 525

c. May 15, 2013, sales allowance given to Baker to compensate wrong color of 14 units

Dr Sales returns and allowances 110

    Cr Accounts receivable 110

May 15, 2013, Baker returns 36 units

Dr Sales returns and allowances 540

    Cr Accounts receivable 540

Dr Inventory 396

    Cr Cost of goods sold 396

Open market operations refer to which action by a central bank?
A. Regulating the amount of money banks hold in reserve
O B. Changing the price banks pay to borrow money
O C. Buying and selling treasury securities
O D. Adjusting interest rates on stock markets

Answers

Answer:

O C. Buying and selling treasury securities

Explanation:

Through the Federal Reserve, the government employs monetary policy to influence the direction and speed of economic growth. Open market operations are part of the monetary policies. It entails the government buying or selling securities from commercial banks.

Monetary policies regulate the amount of money supply in the economy. When the government wants to increase the amount of money in the economy, it buys government securities from banks. The Fed deposits large sums of money to banks in exchange for the securities. The Banks lends the money to firms and households, therefore increasing money in the economy. The selling of securities by the Fed decreases the amount of money in the country.

Open market operations refer to the action by a central bank of (c.) buying and selling treasury securities. Option C

What is an open market?

Open market operations can be defined as the action by a central bank of buying and selling treasury securities in order to influence the money supply and interest rates in the economy.

When a central bank buys treasury securities, it injects money into the economy, and this result in increase of the money supply and lower interest rates. When it sells treasury securities, it removes money from the economy, which can decrease the money supply and raise interest rates.

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What makes shopping at stores convenient? a. Easy to see and compare items. c. There are no crowds. b. There is a wider selection. d. Items are cheaper than online.

Answers

Answer:

A

Explanation:

Please help me answer the questions

Answers

The answer for the first question is 40 cheeseburgers because there is a linear relation between price and quantity sold. For every .50 lower there are 10
more cheeseburgers sold.

For the second question it is 0 cheeseburgers if the price is $2.50.

If the price of beef goes up the price of the cheeseburgers should go up.

What aspects of managing your account were probably more difficult before online banking was available?

Answers

Answer:

One of the main advantages of online banking is that you can access information about your account immediately and from anywhere. Before online accounts were available, you had to go to a bank or ATM on some specific cases if you wanted to carry out any type of transaction, e.g. pay a service or transfer money. Online accounts make it less likely for a person to go to a bank, e.g. in order to get a loan, I did it all online, I didn't even need to go to the bank.

Phishing, Identity Theft, Keylogging, and Pharming were arguably more difficult aspects of maintaining your account before internet banking was available.

Online banking

Online banking, often called the internet banking, online banking, or home banking, is just an electronic account that allows bank or other commercial bank customers to execute a variety of financial transactions through the institution's website.

Prior to the availability of online banking, managing the account was undoubtedly more complex. Aspects are as follows:

PhishingIdentity TheftKeyloggingPharming

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Discussion Question 1-9 (LO. 4) The Adams Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows: Organization/Company Offer Proposed Use The State's Department of Public Safety (DPS) $2.3 million New state highway patrol barracks The Second Baptist Church $2.2 million Start a church school Baker Motors $2.1 million Open a car dealership If you are the financial adviser for the school district, which offer would be probably be preferable from a long-term financial standpoint? would probably be preferable since it would be subject to ad valorem taxes.

Answers

Answer:

The Adams Independent School District

Preferable offer for the sale of a parcel of unimproved land:

Baker Motors $2.1 million  to open a car dealership

Explanation:

a) Data:

Organization/Company       Offer        Proposed Use

The State's Department

of Public Safety (DPS)     $2.3 million   New state highway patrol barracks

The Second Baptist

 Church                           $2.2 million   Start a church school

Baker Motors                   $2.1 million    Open a car dealership

b) From a long-term perspective, the probably preferable offer is the Baker Motors $2.1 million to open a car dealership.  It is a business whose sales will be subject to ad valorem taxes, which will yield income for the local and state governments, who fund the School District.

4. An entrepreneur makes a part used in the auto industry that he sells for $2.65 each Yearly sales of
this part have been 20,400 a year for the last three years. The customer has cut production and has
reduced its purchase of these parts by 35 percent. How much yearly revenue will the entrepreneur
lose as a result?

Answers

Answer:

$18,921

Explanation:

The price per part is $2.65.

yearly sales have been 20,400 units.

Production has been cut by 35%; the entrepreneur will sell less than 20,400 units.

new sales volume will 20,400- (35% of 20,400)

=20,400 units- 7,140 units

=13, 260 units

Sales will decrease by 7,140 units. in Monetary value, the reduction will be

=7140units  x $2.65

=$18,921

Revenue lost = $18,921

Why is it critical to get the price "right" on a new product?​

Answers

Answer:

Since the product is new, the consumers wouldn't have any method to compare the price with the ones that created by other companies. This created a situation that make the consumers doubt whether they make a correct economic decisions if they purchase the product.

This is why it's important to get the price 'right'.

The company need to ensure that the price represent more value for Consumers compared to the money that they have to sacrifice to obtain it.

Which margin is at the very bottom of the page when printing worksheets?

top margin
bottom margin
header margin
footer margin

Answers

Answer:

Footer Margin

Explanation:

Just took this :)

Answer:

Footer Margin

Explanation:

One of the roles of the US government is to ensure that the country is financially stable. Which of the following is the term for the government’s power to spend and tax? Select one: a. Fiscal policy b. National debt c. Expansionary policy d. Contractionary policy

Answers

Answer:

Fiscal policy

Explanation:

Fiscal policy refers to the actions of governments of adjusting taxation and spending to influence economic direction. The governments aim at maintaining stable prices and steady economic growth. Though several agencies,  the state monitors economic indicators and adjusts its spending and taxation accordingly.

The fiscal policy combines with monetary policy to achieve the desired effects. In times of recessions, fiscal policy is used to stimulate economic growth.

Carolina Biological Supply Company sells science instructional materials. It wants to grow beyond the current customer base and identify potential markets besides the public education systems. What is the order it should follow to take in the market targeting process?

Answers

Answer: B) identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

Explanation:

The options for the question are:

A) research and validate marketing opportunity, identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

B) identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

C) profile target customer segment, identify business needs, segment total market, research and validate marketing opportunity

Market targeting simply has to do with selecting target market from whole market and it should be noted that target market are the people that company or organization wants to satisfy.

In the scenario above, the first thing is to identify business needs. Every successful company has to identify its business needs. After then, market segmentation takes place and this is when potential customers are being divided into segments or groups as a result of the features they possess like location and interests.

After then, the target customer segment are being profiled. This is done in order to know more about the customers and to also tailor the products towards the requirements of the segments. Lastly, the marketing opportunity is being researced and validated.

When people are injured in a car accident, they need an auto insurance representative to help them

A.file a claim
B.prepare a lawsuit
C.arrange for physical therapy
D.find a policy

Answers

Answer:

im pretty sure its A. file a claim

Explanation:

The answer:
A. File a claim

Which of the following might vary in on online purchase depending on where the purchaser lives?
A. The quality of the object
B. The sales tax charged
C. The appearance of the item
D. The retail price of the item

Answers

Answer:

The sales tax

Explanation:

Smokers impose negative externalities on nonsmokers. Suppose the airspace in a restaurant is a resource owned by the
restaurant owner.
a. How would the owner respond to the negative externality caused by smokers?
b. Suppose smokers own the airspace. How would that change matters?
c. If the government gives ownership of the air to nonsmokers, would that change matters? Explain your answer.
d. What does a ban on smoking in the restaurant do?

Answers

a. They wouldn’t allow smoking in the building because it would inflict on other customers in the building.
b. If the owners were smokers, they would allow others to smoke or smoke themselves since it is their property.
c. Yes it would because everyone has to listen to the government. They can file fines or other consequences to those who smoke under their ownership which will cause a decrease in smoking.
d. This allows pedestrians to not be harmed by the smoke caused by other smokers. This allows them to enjoy their time in the restaurant freely without worrying what’s getting into their lungs.

when CEO robert nardell took over home depot in 2000, there was central control. store managers acted independently and costs were higher than competitors like lowes. nardell changed the culture to focus on central control and cutting costs. to control costs, store managers were not allowed to choose products for local customers. employees os their customer-focused attitudes, and customer service suffered. to repair this , the next CEO, frank blake , sought to restore the "orange apron" culture. what does this example best illustrate?

Answers

Answer:

corporate culture is chosen by senior management in middle managers and employees have little control over it

Explanation:

I believe this is the answer because based off what it said the employees and managers were not allowed to choose products

how many types off cars is there in the wrld

Answers

more than 400 different models

Answer:

999 different types of cars in the wrld

Explanation:

Cameron's job is to look over the every department in the company to
make sure the company is running effectively. What is Cameron's career?
Chief Financial Officer
O Chief Executive Officer
Chief Execution Officer
O Chief Focal Officer

Answers

Answer:

O Chief Executive Officer

Explanation:

The chief executive officer, commonly abbreviated as CEO, is the most senior officer in a company or an organization. The CEO is responsible for creating and implementing the organization's strategic goals. He or she plans, incorporates, and steers all business units and departments in the desired direction.

The CEO is responsible for the overall prosperity of the company. He or she is tasked with making top-level managerial decisions on behalf of the organization.

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Why is it critical to get the price "right" on a new product? so like i need help, can yall do your thing Which of the following quantities are inversely proportional?The number of hours worked and the amount of money earned, assuming the worker is paid by the hour What is the difference between -82F and 93F? Why is drowsy driving dangerous? Which stepped up the attack, what grammatical name is given to the expression? Help I dont get it the last one says negative A system that supplies dry land with water through ditches, pipes, or streams is called what? WILL GIVE BRAINLIEST The House of Representatives is the largest house of Congress. Which of the following is the best explanation for how the total number of representatives isdetermined?A. Two members of the house are elected from each state.B. The House of Representatives is based on proportional representation. More populated states have more representatives than less populated states.C. The House of Representatives is based on proportional representation. However, the most populated state in each region receives a bonus representative.D. The House of representatives is based on equal representation. Each state can elect 5 members of the House of Representatives. plz help me with ihes which definition best describes a base Why did the writers of the Constitutiondesign threebranches of government?A. They wanted to maintain statepower.B. They wished to limit the power ofeach branch.C. They believed this would cause thegovernment to become toopowerful.D. They wanted to give each branchmore power. which sentence could appear in a conclusion?a. Booking your traveling online, in short, can add up to significant savings.b. There are numerous specialized travle websites that cater to different travelers.c. Is booking your vacation online the best way to save?d. You should take care with your personal information on travle websites. Brian bought a fish tank that is 22 in. long, 12 in. wide, and 16 in. tall. Which is the volume of the fish tank? how could i do this? some help would be appreciated PLS I need someone to upload a photo of the answer! will mark you Who was William Penn? the founder of Maryland the founder of New York the founder of Pennsylvania the founder of New Jersey Electricity bills: According to a government energy agency, the mean monthly household electricity bill in the United States in 2011 was $109.55. Assume the amounts are normally distributed with standard deviation $21.00. Use the TI-84 Plus calculator to answer the following. (a) What proportion of bills are greater than $135? (b) What proportion of bills are between $84 and $143? (c) What is the probability that a randomly selected household had a monthly bill less than $119? Round the answers to at least four decimal places. The Lovin lemon company sells a 4 gallon jug of lemonade for $24 dollars. The sweet and Sour company sells an eight pack of 1 quart bottles of lemonade for $16 dollars, which company has a higher unit price? Lately, you have been working on improving your skills. You are quite fast and respond quickly to things that happen around you. However, you have some trouble moving around between objects comfortably. Which of the following skills should you improve? Speed Reaction Agility Power