What are some differences between command, market, and traditional economies?

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Answer 1
Market economys run off of the businesses of the area, a command economy runs off of what the government dictates, and I'm not sure about traditional.

Related Questions

If your poll is to accurately reflect public views, your survey respondents must reflect the

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If your poll is to accurately reflect public views, your survey respondents must reflect the population.

Hope this helps !

Photon

_____________ is by far the most popular target for american franchisors seeking to establish franchises in other countries.

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Canada is by tar the most popular target for american franchisors seeking to establish franchises in other countries. Canada is a great market for franchisors because it's close/easy to travel to. They have a large market and are similar to the U.S. with their expansion and growth as an economy. 

Houston pumps recently reported $185,250 of sales, $140,500 of operating costs other than depreciation, and $9,250 of depreciation. the company had $35,250 of outstanding bonds that carry a 6.75% interest rate, and its federal-plus-state income tax rate was 35%. in order to sustain its operations and thus generate future sales and cash flows, the firm was required to spend $15,250 to buy new fixed assets and to invest $6,850 in net operating working capital. what was the firm's free cash flow?
a. $10,225
b. $10,736
c. $11,273
d. $11,837
e. $12,429

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ANSWER: a
RATIONALE: Shares outstanding 530,000
Price per share $27.50
Total book common equity $5,125,000
Book value per share = Total book equity/Number of shares $9.67
Difference between book and market values $17.83

Answer:

The answer is a. $10,225

Explanation:

The solution involves two steps. The first step is the calculation of net operating profit after tax (NOPAT) while the second step is the calculation of free cash flow.

Step 1 - Calculation of NOPAT

Sales                                            $185,250

Operating costs                          ($140,500)

Depreciation                                ($9,250)

Operating profit                           $35,500

Tax (35%)                                      ($12,425)

NOPAT                                          $23,075

Step 2 - Calculation of free cash flow

NOPAT                                          $23,075

Depreciation                                 $9,250

Changes in working capital         ($6,850)

Capital expenditure                      ($15,250)

Free cash flow                               $10,225

Jacob, a customer service representative for ab retailers, has seven levels of management between himself and the company's ceo. in contrast, his friend rhonda, a customer service representative for yz retailers, has only four levels of management between her and the company ceo. compared to yz, jacob's company has what type of organizational structure?

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Compared to YZ, who has only four levels of management between her and the company CEO,  Jacob has seven levels of management between himself and the company's CEO's, which means that Jacob's company has tall type of organizational structure. The tall organizational structure is characterized with CEO at the top and multiple levels of management.

​for most homeowners, the most important financial benefit from owning a home is that it is:

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Most homeowners would agree that the most important financial benefit from owning their own home is the tax break. This is known as a tax shelter and allows for homeowners to avoid or lower their taxes.  Owning a home reduces your taxable income and in large part due to interest rates and interest paid on an owned home. 

Physical growth and maturation are an example of which type of constraint of newell's model?

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a;oeghia;oegia;oaihg

C

what power does a market leader in an oligopoly have

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Answer:

The correct answer is a combination of many powers.

Explanation:

To begin with, an oligopoly is a type of market where a few number of competitors dominate that market. However, those competitors tend to be so agressive with each others due to the fact that a low performance from one can benefit the other in a huge way, therefore that this type of market is characterized for the differentation of the products or services and for the huge publicity they do.

Secondly, it is huge the number of powers that a market leader has in this type of market, examples of that is the fact that the leader tends to have a great differentation in its product and loyalty from the customers, therefore a big price in the product is no problem for the clients that still buy to that company and therefore obtain a great benefit from that. Furthermore, the fact that few companies are in the market benefit the situation where all of them may not try their best at the time of providing their service or product to the clients.  

Final answer:

A market leader in an oligopoly has significant power to influence prices, control supply, and make strategic decisions.

Explanation:

A market leader in an oligopoly has significant power due to its dominant position in the market. This power allows the market leader to influence prices, control supply, and make strategic decisions that affect the industry. The market leader can leverage its size and market share to negotiate favorable deals with suppliers and distributors.

For example, a market leader in the smartphone industry can set higher prices for its products, control the release of new models, and dictate the terms of contracts with component suppliers. This power can help the market leader maintain its position and deter potential competitors from entering the market.

However, it is important to note that the power of a market leader in an oligopoly is constrained by competition and regulations. Other firms in the oligopoly may also have considerable power and can influence market dynamics.

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Gwyn owns a furniture store. she notices prices at other furniture stores have increased dramatically over the past two years. she decides she needs to expand her output because demand must be growing. however, in order to do so, she needs to find a loan. what problems could inflation cause for gwyn?

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The problems that inflation cause for Gywn are the following;

-          She may likely to spend money in updating the display of the prices that is on the store

-          In providing a loan, the lenders may be wary as it is difficult to predict the future price levels

-          She may likely misinterpret the rising prices that are associated with inflation in regards for a higher demand

Answer:

The correct answer is a combination of many problems that she could get involved with.

Explanation:

On one hand, if Gwyn acquires a loan in order to expand her output then she will be in the situation where the loan will increase its interest rate due to the cause of inflation, where the purchasing power per unit of money will decrease drastically, therefore that she will be paying a lot more that the original amount that she expected at the beginning of the process and this could get her business into trouble because of the debt.

On the other hand, the money that she acquired with the purpose of expanding her output will have less value because of the inflation and she will have trouble at the time of focusing that money to do what she planned before.

Migration in which people move to a series of increasingly more economically advantageous locations is referred to as

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emigrate should be what you're looking for anything else I really don't know

A pattern of relationships and accountability between a superior and his or her subordinates is established by the process of:

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Delegation of Authority

The delegation of authority is having upper level management funnel tasks and information through their chain. Delegation is assigning someone below them (usually) a task to complete. 

Often the delegation of authority looks like this:
Top level management
Middle level employee
Low level employee
Operating level employee

________ is the process of surveying the market environment to assess external threats and opportunities.

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Final answer:

Environmental Scanning is the process of surveying the market environment to identify external threats and opportunities. This strategic planning tool is used to guide decision-making and strategy formation in business by conducting a thorough analysis of external factors.

Explanation:

The process of surveying the market environment to assess external threats and opportunities is known as Environmental Scanning. This is a crucial step in strategic planning, often used in business to gather information about the external environment, including competitors, consumers, technological trends, and societal trends. By identifying threats and opportunities, businesses can develop strategies to mitigate risks and exploit chances for growth.

For instance, a company might find that a new technological development presents an opportunity for a new product. On the other hand, they might identify an economic recession as a potential threat to sales and plan accordingly. The information gathered during environmental scanning helps to guide decision-making and strategy formation.

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Final answer:

Market research is the process of surveying the market environment to assess external threats and opportunities in Business.

Explanation:

Market research is the process of surveying the market environment to assess external threats and opportunities.

For example, a company may conduct market research to gather information on consumer preferences, competitive landscape, and potential market trends. By analyzing this data, the company can identify potential threats to its business, such as new competitors or changes in consumer behavior, as well as opportunities for growth and expansion.

Market research is an essential tool for businesses to make informed decisions and develop effective strategies in an ever-changing market.

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How can an organization develop strategic​ flexibility?

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Well, you become very very busy when you work, and that develops strategic flexibility. Once you get used to your organization, that’s a sign of strategic flexibility

When a company that uses the perpetual inventory system sells goods for​ cash, the journal entry to record cost of goods sold​ is:
a. sales xx merchandise inventory xx
b. cost of goods sold xx sales xx
c. no journal entry is required.
d. cost of goods sold xx merchandise inventory x?

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The use of the perpetual inventory system by a company means that when it sells goods for cash, the journal entry for cost of goods sold is d. cost of goods sold xx merchandise inventory x

How to record cost of goods sold?

When using a perpetual inventory system, the cost of goods sold would be debited in the event of a sale. This is to show that the Cost of Goods Sold as an expense, is increasing.

The Merchandise inventory will be credited because it is being adjusted for the reduction in the amount of inventory that it held before the sale.

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PLEASE HELP ME????
The average teenager requires _____ hours of sleep each night. A. 10 B. 8 C. 6 D. 9

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Final answer:

The average teenager requires 9 hours of sleep each night, which aligns with studies showing teenagers usually sleep around 8.9 hours and the National Sleep Foundation's recommendation for 7-9 hours in adults.

Explanation:

The average teenager requires 9 hours of sleep each night. Many studies support the fact that adequate sleep is crucial for teenagers due to their developmental and educational needs. A study with a sample of 16 teenagers showed an average of 8.9 hours slept, while the National Sleep Foundation suggests that as individuals reach adulthood, the recommended amount of sleep is about 7-9 hours per night. It's important for teenagers to aim for sufficient sleep to avoid a sleep debt, which can have negative implications on alertness and mental efficiency. College students also struggle to meet the sleep recommendation, emphasizing the importance of good sleep habits for academic performance and overall well-being.

What is an advantage corporations enjoy over partnerships?

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The correct answer is that corporations have an easier time in earning money for development and expansion of the business.

Since a corporation is considered to be a large company and a fast growing business, it does not need to problem in expanding the business itself, since the continuous flow of money through the corporation is fast and easy, which is why this an advantage that corporations hold against partnerships and sole proprietorship.

The following scenario is an example of which type of feedback? Arnie: "That's a really good point. I hadn't thought of it like that."

delayed

message-focused

high-monitoring

person-focused

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the answer is mesSAGE FOCUSED

Facilities like the ymca and parks and recreation departments are associated with what kind of setting?

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The right answer is community settings :D

The Federal Trade Commission was created to _____.

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The Federal Trade Commission's purpose when created was to stop unfair practices of competition involved in commerce
Doghunt is correct.

XOLO Ltd. sold its stocks at a face value of $10. The stocks presently have a market value of $45. The earning per share (EPS) is $2.25. What is it price-earning (P/E) ratio?
A) 5
B) 10
C)20
D)25

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Answer: C

Explanation:

dividing a company's current stock price by its earnings per share (EPS)

45/2.25=20

The federal agency that now oversees the naturalization process is the u.s. ___________

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The federal agency that now oversees the naturalization process in the U.S. is citizenship and immigration services. This organization is in charge of people come in and out of the country. This also applies to those not from America wanting to work legally, in the United States.

The sharing of personnel, equipment, and facilities is known as:

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The right answer is: can call up the National Guard! :)

On a classified balance sheet, assets are generally classified as

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assets are generally classified as assets???

What is represented by a shift to the right in a demand curve?

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Answer: The correct answer is a decrease in price.

Explanation: When the price of an item decreases the associated demand curve will shift to the right. In turn, when the price decreases the demand is going to increase for the product because of the price decrease.

The right shift in the demand curve will state the increase in income.

Further Explanation:  

Demand curve:

The demand curve refers to the graphical representation of the relationship between the demand and price of a product. The change in the price and demand can be easily understood and presented with the help of the demand curve. It is assumed that other things will remain constant.  

Right shift in the demand curve:

The rise in the income will increase the demand for the product, and the demand curve will shift to the right side. The right shift can also state that the demand for the product has increased. Generally, the increase in demand is the result of increased income. the increase in income will enable the individual to spend more and demand more products.

Therefore, the right shift in the demand curve will state the increase in income.

Learn More:

1. Learn more about the demand and supply diagram

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2. Learn more about the demand curve

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3. Learn more about the forecasting human resources supply

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Answer Details:

Grade: Senior School

Chapter: Demand and supply

Subject: Economics

Keywords: represented, shift, right, demand curve, increase, income, price, graphical representation.

explain the relationship between the use of human capital and level of development ?

what are the advantages and disadvantages of the minimum wage workers?

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Human capital includes skills and knowledge one ones, which can be used to provide economic value. Consequently, the greater the human capital the greater level of development will be, since more skills and knowledge will be used for prosperity. Some of the advantages of minimum wage workers is that less money is taken from state budget in order to pay their work and some unemployed workers will be challenged to search for a job, since minimum wage is more optimal than public assistance. Disadvantage is that families of those workers are living poorly.

What is a bank that belongs to the federal reserve system called?

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A bank belonging to the Federal Reserve System is a member bank.

Hope this helps!

member bank

100% on Gradpoint

What is most likely to happen if the Fed prints too much currency? A. A decrease in product prices B. A decrease in the number of banks C. An increase in inflation D. An increase in spending power Please select the best answer from the choices provided A B C D

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The answer is C. 
If the Federal government prints too much currency an increase in inflation is most likely happen. If you print more money the price of the current goods and services doesn’t change. However, households will have more cash to spend. If there is more cash that is after the same amount goods and services, companies will just put up the prices. 

Answer: C

Explanation: Just did the test got 100%

"quality lies in the eyes of the​ beholder" is:
a. a​ product-based definition of quality.
b. an unrealistic definition of quality.
c. a​ manufacturing-based definition of quality.
d. the definition of quality proposed by the american society for quality.
e. a​ user-based definition of quality.

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The answer is B- user-based definition of quality.
Of course, us consumers expects that the products we buy will have a high quality, for better performance and good features/ specs. We want our products to have high quality in order to avoid defects that will cost us more.
Quality lies in the eyes of the beholder is a user-based definition of quality. In other words, the person purchasing the product will decide the quality it has to them. If they value the product on how it is made and built, they likely will say the quality is great, if they do not like how the product functions, they may determine the quality to be bad. This means the user is deciding the quality that is defined within the product.

The scenario in which students sleep in their bedrooms from 2:00
a.m. to 9:00
a.m., rush to a 9:30
a.m. class at the university, grab a quick lunch at the cafeteria, nap on the grass at about 3:30 p.m., return to class at 4:00 p.m., collapse in bed at 6:30 p.m., study in a library study room from 8:00 p.m. to 10:00 p.m., and go to a club from 10:15 p.m. to 1:30
a.m. illustrates the sociological concept of

Answers

That’s a busy day lol. The person slept from 2-9am slept for 7hours. The 3:30-4 slept for 30minutes.
Final answer:

The student's scenario illustrates the concept of sleep deprivation commonly experienced by college students. It is a result of balancing school, social life, and possibly work, leading to an ongoing sleep debt that impacts mood, performance, and overall health.

Explanation:

The scenario described illustrates the sociological concept of sleep deprivation or sleep debt among college students. This is due to the combination of early morning classes, late-night socializing, and part-time jobs, alongside an internal biological clock, known as the circadian rhythm, that may not align with these demands.

The situation highlights the struggle that college students face in balancing academic responsibilities with social activities and work, while trying to maintain a healthy amount of sleep.

Getting enough sleep is crucial for mood and performance, yet many college students find themselves in a never-ending cycle of sleep deprivation. This not only affects their academic success but also has broader implications for their mental and physical health. To combat this, universities have implemented various programs, such as sleep wellness education and creating napping spaces, in attempts to encourage healthier sleep habits.

In relation to the student's schedule, their routine reflects the pressures of college life and the impact of their circadian rhythm. The inclusion of naps and late-night study sessions indicates an attempt to cope with a demanding schedule, but these short-term solutions may contribute to an ongoing sleep deficit.

Because of its convenience and easy access to ATMs, ___ is the most common form of payment today.

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Because of its convenience and easy access to ATMs, debit cards are the most common form of payment today. 

Debit cards are linked to your bank account and will allow you to access those available funds. If you swipe your debit card it will automatically remove funds from your bank account to pay for your items. You are also able to use it at an ATM to withdraw cash. Most debit cards have an allowed amount of money you can withdraw from an ATM in a day. 
The answer is A Debit Card              Hope this helps

________ get things done through other people. they make​ decisions, allocate​ resources, and direct the activities of others to attain goals.
a. secretaries
b. managers
c. assistants
d. interns
e. apprentices

Answers

Managers get things done through other people. They make decisions, allocate resources and direct the activities of others to attain goals. 

Managers oversee the work being done by an organization and communicate what needs to be done down through the appropriate channels. Managers have a very important role in how an organization operates because they keep everyone on track with what needs to be done. 
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Mrs. Myles gave the same test to both her first and third period class. In first period, the median was 75 and the range was 30. In third period, the median was 80 and the range was 60. Which is a true statement? A)The lowest score was in third period. B)The highest score was in first period. C)On average, first period did better than third period. D)There is not enough information to know if any of these is true Read the passage, and answer the question that follows: A Fox once saw a Crow fly off with a piece of cheese in its beak and settle on a branch of a tree. "That's for me, as I am a Fox," said Master Reynard, and he walked up to the foot of the tree. "Good day, Mistress Crow," he cried. "How well you are looking today: how glossy your feathers; how bright your eye. I feel sure your voice must surpass that of other birds, just as your figure does; let me hear but one song from you that I may greet you as the Queen of Birds." The Crow lifted up her head and began to caw her best, but the moment she opened her mouth the piece of cheese fell to the ground, only to be snapped up by Master Fox. What does the fox symbolize in this fable? A. Wisdom B. Cleverness C. Honesty D. Hunger Graph each quadrilateral ABCD. Then determine the most precise name for it. A(3, -2). B(5,4). C(3,6). D(1,4). Gisele trains 7 days per week for a biathlon. She covers a total of 20 miles cycling and running each day. Gisele cycles a total of 105 miles each week, and runs a certain number of miles per week. If she cycles the same number of miles each day and runs the same number of miles each day, the equation 1/7(105+r)=20 represents the situation. Which describes the solution, r , to this equation? How much energy is required to move a 1350 kg object from the earth's surface to an altitude twice the earth's radius? Corbin, who is 10 years old, took a test that shows he has a mental age of 15. what can be concluded from this information?a. corbin is more intelligent than other 10-year-olds.b. corbin is of average intelligence for his age.c. corbin is more intelligent than 15-year-olds.d. corbin is less intelligent than other 10-year-olds. on monday, it took helen 3 hours to do a page of homework. the next day she did the same number of exercises in 2 hours. if her average rate on monday was P exercises per hour, what was her average rate the next day in terms of Pplease don't just answer, explain HOW to set up equation What happens when the smog lifts Los Angeles, California Which relation is a function a system of two equations contains one quadratic equation and one linear equation. the quadratic system of the equation is y=x^2+5x-9. the solutions of the system are (3,15) and (-1,-13). what is the linear equation in the system? Help if you don't mind! 1.List three life decisions that you made that have changed your life in some way. The equation of line A is y = 7x + 12. Line B is perpendicular to line A and passes through the point . What would be the solution to the system of equations represented by line A and line B? Receptors for nonsteroid hormones are located in _____. receptors for nonsteroid hormones are located in _____. the extracellular fluid the cytoplasm the nucleus the cytosol association with a cell's plasma membrane Keeping your body clean will help to prevent the spread of disease.TrueFalse Which of this these statements is true about gentle agreements of 1907 Solve the inequalities by graphing. Select the correct graph. y > x y < -x When mark twain and charles dudley warner labeled the postcivil war era the "gilded age," they implied that it was characterized by:a. massive appreciation of art and culture.b. such widespread diffusion of wealth that more people had access to real gold.c. widespread greed and corruption.d. the practical elimination of poverty? Which of these might be used to determine common ancestry of two different species of plants? A. similar ecological niches B. fossil evidence C. the size of the population D. similar habitatsits science they wouldnt let me pick it so i had to put math Polygon ABCD has vertices A(0, 2), B(0, 8), C(7, 8), and D(7, 2). What is polygon ABCD and its perimeter? (Hint: Draw the polygon on the coordinate plane and find the slopes of each side.)A. rectangle; P = 26 linear unitsB. square; P = 42 units2C. parallelogram; P = 42 linear unitsD. trapezoid; P = 26 linear units, all of the followIng types of admission policies have a deadline except A) rolling admission B) late admission C) regular admission D) open admission