East Germany, North Korea, and the former Soviet Union are all examples of command economies.
Understanding the Command EconomyAlso known as a planned economy, the Command Economy has the main principle that a central government planner owns or controls the means of production in society.
Private ownership or land, labor, and capital do not exist or are very limited to use in support of the central economic plan.
In contrast to a free market economy, where the prices of goods and services are determined by supply and demand, the central plan in the Command Economy sets prices, controls production, and limits or completely prohibits competition within the private sector.
In a pure Command Economy, there is no competition, as the central government owns or controls all businesses.
Learn more about command economy at
https://brainly.com/question/30281949.
#SPJ4
explain why demand for a product is price inelastic
The quantity required for the price ratio is between 0 and 1 unit elastic, and inelastic demand is present.
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the number of things that consumers are prepared and willing to purchase at various prices within a specific time frame.
This often happens when a specific commodity or service is required and has no suitable alternatives. Gasoline, essential foods, and prescription medications are a few examples of products having inelastic demand.
Therefore, By, Demand for a product is price inelastic. The price ratio is between 0 and 1 unit elastic, and inelastic demand
Learn more about the demand here:
https://brainly.com/question/14456267
#SPJ1
mixed economies can evolve when societies with different kinds of economies interact. F/T
The statement 'mixed economies can evolve when societies with different kinds of economies interact' is true as it combines market economy with a command economy.
The concept of mixed economies has been around for centuries, but it has become increasingly more prevalent in our modern world as different societies interact.
A mixed economy is defined as an economic system that combines elements of both a market economy and a command economy, and it can be seen when two societies with different economic systems come into contact.
This has been proven true time and time again, with examples ranging from ancient trade between civilizations to modern-day globalization. It is clear that when societies with different kinds of economies interact, they have the potential to create a mixed economy.
To learn more about economies, click here:
https://brainly.com/question/2421251
#SPJ4
what popular fast food chain encouraged customers to think outside the bun?
While catchy slogans like "Yo Quiero Taco Bell" have kept fans of fast food entertained over the years.
Which other well-known restaurant chain encouraged customers to think outside the bun?This winner is based on a very simple pun that emphasizes Taco Bell's distinct menu items and takes a subtle dig at its burger-and-fast-casual rivals. You were inspired to look beyond the bun by the slogan.
The slogan for Taco Bell is a pun on the expression "think outside the box," which basically means to think creatively and in a different way than others.
The meat patties at n-N-Out taste like cardboard that has been microwaved, making it not your typical fast food establishment. There are no fillers, additives, or preservatives of any kind in their patties. However, it simply lacks meat. Cheese, lettuce, and tomatoes are also all fresh.
Modernization of Burger King's classic tagline, "Have it Your Way," is the first marketing campaign of its $400 million comeback plan. "You Rule," the fast-food chain's new slogan, is an "emotional articulation" that puts customers first in every interaction.
Learn more about fast food:
brainly.com/question/29434594
#SPJ4
a business leader can cultivate a sense of community by
A business leader can cultivate a sense of community by having a communication style that is we-oriented, not me-oriented.
As a business leader, it is essential to cultivate a sense of community and connection with your team. One of the most effective ways to do this is to have a communication style that is focused on “we”, instead of “me”.
By making sure that everyone is included and that the team is working together towards a common goal, you can create a strong sense of unity and collective purpose.
This type of approach will help to foster an environment that is open, transparent, and collaborative, allowing everyone to work together to achieve the best possible results.
To learn more about business, click here:
https://brainly.com/question/15826604
#SPJ4
On January 1, 2020, Pronghorn Corporation sold a building that cost $254,240 and that had accumulated depreciation of $105,020 on the date of sale. Pronghorn received as consideration a $244,240 non-interest-bearing note due on January 1, 2023. There was no established exchange price for the building, and the note had no ready market. The prevailing rate of interest for a note of this type on January 1, 2020, was 9%. At what amount should the gain from the sale of the building be reported
The gain from the sale of the building should be reported at $49,000
To calculate the gain, we abate the accumulated deprecation and the cost of the structure from the trade price.
The trade price is the face value of the non-interest-bearing note, which is$,244,240. The cost of the structure is$254,240, and the accumulated deprecation is$,105,020. So, the gain from the trade would be:
$244,240 - ($254,240 - $105,020) = $244,240 - $149,220 = $95,020
still, since the note is a non-interest bearing note, the dealer must consider the time value of plutocrat and acclimate the gain to reflect the fact that the payment won't be entered until 2023. Using the prevailing rate of interest of 9 on January 1, 2020, we can calculate the present value of the note to be$220,000. So, the acclimated gain would be
$244,240 - $220,000 = $24,240
Finally, we add the adjusted gain to the accumulated depreciation:
$24,240 + $105,020 = $129,260
So, the amount at which the gain from the sale of the building should be reported is $129,260, which is the sum of the adjusted gain and the accumulated depreciation.
To learn more about Gain from Sale:
https://brainly.com/question/15402729
#SPJ4
Elements of product strategy can include all of the following EXCEPT ______. a. the physical good b. an intangible idea c. package design
Elements of product strategy can include all of the following EXCEPT (D) where the product is sold.
In economic and business, Product strategy generally can be described as the high-level plan for developing and marketing a product. Beside that, product strategy also can be described as how the product supports the business strategy and goals, and is brought to life through product roadmaps. There are four major elements of business strategies, such as customer, competitors, makro environment, and also market. Beside that also there are several types of business strategies, such as comparative business strategies, differentiation business strategies, and segmentation business strategies.
Here you can learn more about product strategies https://brainly.com/question/28788924
#SPJ4
Which response core capability involves ensuring the capacity for timely?
Operational Communications is the response core capability that involves ensuring the capacity for timely. Operational Communications is one of the most important thing in the organization management.
Based on the definition of operational communications, Freibger generally defined operational communications as a process that involves bridging communication gaps between the top-level employees and those working boots on the ground. Operational communication can be divided into several types, there are downward operational communication, upward operational communication and horizontal/lateral operational communication. Operational communication is a important thing, it is because operational communication has a function to ensure the capacity for timely communications in support of security, situational awareness, and operations by any and all means available.
Here you can learn more about operational communication https://brainly.com/question/16819715
#SPJ4
A student buys a guitar that is on sale for 15% off the regular price of $200. He also must pay an 8% sales tax. What is his total cost for the guitar?.
A student buys a guitar that is on sale for 15% off the regular price of $200. He also must pay an 8% sales tax. $183.60 is his total cost for the guitar.
The meaning of sales tax?A sales tax is a consumption tax levied by municipal or state governments on the purchase price of products or services. When a company has a link to a jurisdiction in some way, it is on that company to collect sales tax and send the appropriate payment to the government.
Take sales tax as an example. You want to know how much your purchase will be at The Clothing Boutique after taxes. Your cart contains goods with a combined price of $100 after totaling up all the charges. You would calculate 9.5% of $100 since the sales tax in that county is 9.5%. (100 x 0.095).
To know more about sales tax visit:
https://brainly.com/question/29442509
#SPJ4
financial panic begins & leads to an economic depression.T/F
Prior to the establishment of the Federal Reserve System, how financial panics in the United States often got started.
In order to better oversee the financial system, Congress passed a law in 1913 creating the Federal Reserve System. This was due to the fact that they had observed that multiple financial panics in the United States could have been avoided if there had been a centralized monetary authority to oversee the sector and ensure that panics were minimized. Crops played a major role in how financial panics developed in the years before to the establishment of the Federal Reserve system. A crop failure would cause prices to soar out of control, unanticipated inflation, and a panic. Other periods, abundant crops or a surplus would result in falling market prices and the possibility of forcing people into bankruptcy, which would also cause a panic.
Learn more about Federal Reserve System here:
https://brainly.com/question/29458991
#SPJ4
What does this quote means?
“If you look at the people in your circle and you don’t get inspired, you don’t have a circle you have a cage”.
Answer:
Explanation:
The quotation "If you look at the people in your circle and you don’t get inspired, you don’t have a circle you have a cage" is written by "Nipsey Hussle" an American entrepreneur and activist.
In life, there are ups and downs. People require some support in every phase of life either in ups for not getting pride which may lead to a downfall in the next phase and in downs for pushing you up and not letting you get depressed and move forward to achieve the biggest.
The quote well explains this theory and if you don't find it around you, it suggests you increase the diameter of your circle and find the right people in a healthy way.
In 1/2 hour pool ha leaked 4/8 of a gallon of water. How many gallon will the pool loe after leaking for 4 hour?
In 1/2 hour pool ha leaked 4/8 of a gallon of water, The pool will leak 7/8 gallons in 1/2 hour.
Looking for gallons per hour, or gallons÷ hour:
Therefore, this is essentially a 7/8 divided by 1/2 division problem. A fraction's reciprocal is the same as that fraction multiplied when dividing by it.
7/8 gallons÷ 1/2 hour7/8 gallons÷ 1/2 hour = 7/8* 2/1 = 14/8We now reduce by a factor of 2:
14÷8 =7÷4Here we are, then! 7/4 gallons flow out per hour. The equivalent flow rate is 1.75 gallons per hour. I hope this is useful.
To know more about fractions: https://brainly.com/question/78672
#SPJ4
The correct question is:
An above-ground swimming pool is leaking. After 1/2 hour the pool has leaked 7/8 of a gallon of water. How many gallons of water per hour is the swimming pool leaking?
Which of the following elements comprise strategic management? (Check all that apply.)Multiple select question.a. formulationb. implementationc. realizationd. analysise. definition
The three main components of strategic management are strategic analysis, strategic choice, and strategy implementation.
Which components make up strategic management?Strategic management frequently entails strategy assessment, internal organization analysis, and company-wide strategy implementation.
What are the five components of strategy?These five components of strategy are arenas, differentiators, vehicles, staging, and economic logic. Donald Hambrick and James Fredrickson, two strategists, created this paradigm.
What are the fundamental four components of strategy?Visioning, goal-setting, resource allocation, and prioritization are the four most commonly acknowledged fundamental elements of corporate strategy.
To know more about management visit:
https://brainly.com/question/29023210
#SPJ4
What is Accenture's role in multi party systems TQ answer?.
Accenture's role in multiparty systems is as under: It plans the way to supply the goods. Accenture has an efficient supply chain with greater flexibility and dexterity which is absolutely accurate.
About AccentureAccenture Accenture was founded in the 1950s as part of the accounting firm Arthur Andersen. The division was eventually separated into its own unit and has grown rapidly since then. Accenture had sales of $35 billion in 2017 and is now a publicly traded company.
Accenture is known for its various services and has five main business lines. It contains:
Strategy, management, digital, technology and operations consulting. The company is regularly ranked as one of the best companies in the world. Fortune magazine ranked it 60th in its latest issue of the 100 Best Places to Work.
Digital & Interactive AccentureAccenture Digital is one of the world's largest providers of end-to-end digital transformation capabilities. This practice focuses on helping businesses, organizations and governments redefine how they serve connected customers and manage their connected enterprise.
Accenture Digital offers integrated digital technologies and business services that deliver real results at every stage of the digital journey. Accenture offers a complete service that includes customer experience, connected products and systems, and intelligent analytics.
Within Accenture Digital lies Accenture Interactive, which the firm describes as “The Experience Agency”. It’s part creative agency, part consultancy, designed to empower marketers to own experience from start to finish. The practice focuses on providing services in design & innovation, marketing, commerce, and content.
Learn more about Accenture at https://brainly.com/question/30173727.
#SPJ4
What are the basic economic systems used by most countries in the world today?.
The basic economic systems used by most countries in the world today is the mixed economic system. The prices are control by market, but government still control the critical goods and services.
There are several economic systems such as: traditional economic system, command economic system, market economic system, and mixed economic system
The one that used by most countries today is the mixed economic system. In mixed economic systems, two or more economic practices are integrated into a single central system.
In this system, governments use the market to intervene, but there are also free forces. Prices are controlled by supply and demand laws, but governments set price restrictions and tax bases. So there is competition in this economy, and the government defends the interests of the people. Governments are also in charge of developing economic policies.
Learn more about economic system here:
https://brainly.com/question/27085278
#SPJ4
Dusty's Ice Cream has a net income of $80,000 and shareholder equity of 40 00
shares at $1 per common share. What is Dusty's Ice Cream's return on equity
What does this mean?
l
Dusty's Ice Cream's return on equity (ROE) can be calculated as follows:
ROE = Net Income ÷ Shareholder Equity
ROE = $80,000 ÷ (40,000 × $1)
ROE = 2
This means that Dusty's Ice Cream's net income is equal to 2 times the amount of its shareholder equity. In other words, for every $1 of shareholder equity, Dusty's Ice Cream generates $2 of net income.
In general, the return on equity is a measure of how much profit a company generates in relation to the amount of shareholder equity. A high ROE indicates that a company is using its equity efficiently to generate profit, while a low ROE may indicate otherwise.
Learn more about ROE here:
https://brainly.com/question/26412251
#SPJ1
Which type of sector is the money lender of money market?
The Johnsons have accumulated a nest egg of $40,000 that they intend to use as a down payment toward the purchase of a new house. Because their present gross income has placed them in a relatively high tax bracket, they have decided to invest a minimum of $2700/month in monthly payments (to take advantage of the tax deduction) toward the purchase of their house. However, because of other financial obligations, their monthly payments should not exceed $3000. If the Johnsons decide to secure a 15-year mortgage, what is the price range of houses that they should consider when the local mortgage rate for this type of loan is 2%/year compounded monthly
If the Johnsons decide to sign a 15-year contract with a local home loan rate of 2% annually added up monthly, they should look at homes with estimated values between $269101.07 and $323192.08.
To decide this cost range, they can utilize the equation "M = P[r[tex](1+r)^n[/tex]/([tex](1+r)^n[/tex]) - 1]" where M is the regularly scheduled installment, P is the head or the underlying sum acquired, r is the month-to-month financing cost and n is the number of installments over the existence of the credit.
With the Johnsons' $40,000 savings and a home loan pace of 2%, they can utilize this recipe to work out the base and most extreme regularly scheduled installments that they can bear. This will assist them with deciding the cost range.
To learn more about compound interest at
https://brainly.com/question/14295570?referrer=searchResults
#SPJ4
a group of accounts for a business entity is called a
General Ledger is a group of accounts for a business entity.
A general ledger (GL) is a set of accounts a business uses to keep track of its financial transactions and to prepare financial report. Companies use general ledgers to monitor finances, to track transactions and cash flow, to compile and maintain information for business-related reports and to help prevent accounting errors and fraud. The general ledger function as a collective summary of transactions posted to subsidiary ledger accounts such as cash, accounts payable, accounts receivable. General ledgers work using a double entry accounting method. This approach shows expenses and income items in dollar amounts as debits and credits.
Know more about General Ledger refer to:
https://brainly.com/question/26253887
#SPJ4
What key roles do consumers and entrepreneurs play in the free enterprise system?.
Consumers play the crucial role of “judge” by purchasing the products and services that best meet their needs. In this way, consumers determine which products are sold and which businesses succeed. Entrepreneurs create new businesses that provide new jobs.
Enterprise systemA good enterprise system is expected to have the following characteristics:
There is standardization à every transaction of the same must be processed on the same route The existence of control if there is a change then the system must be able to adjust in a controlled manner There is system management Has heterogeneous dataEnterprise systems can be categorized into 3 parts, namely:
Customer relationship managementAn approach to managing corporate relationships with customers at the business level so as to maximize communication and marketing through managing different contacts
Supply Chain managementA concept or mechanism for increasing the total productivity of a company in the supply chain through optimizing the time, location and quantity flow of materials
Enterprise Resource PlanningA business management application that facilitates integrated business management.
Learn more about Free-enterprise systems at
https://brainly.com/question/13297799.
#SPJ4
what are the three types of union security that can occur within a unionized company?
Local unions, national unions, and federations are the three main levels of the labor movement, and they are the easiest to distinguish.
What security arrangements exist within the union?An agreement between a labor union and an employer known as a union security agreement states that as a condition of employment, the employer will demand that all employees provide the union with a certain amount of support.
Which three advantages do unions support?For women and people of color, unions help close the income gap. Compared to non-union workers, union members enjoy better paid time off and occupational safety measures, and they also feel more comfortable exercising their rights at work.
To know more about unions visit:
https://brainly.com/question/30048877
#SPJ4
what is a business letter?
Answer: It's a letter that companies or organizations use to convey their messages to their customers,clients, and other companies
Explanation:
It has a formal format and specific data. Companies use it to pass on important messages
Answer:
Business letter is a letter which is used in business to contact with an organization and transfer data, information from one to another offices or organization.It also help to promote business and trade.
economists use the concept of ceteris paribus to examine a change in _________in a model.
Ceteris paribus is a term used by economists to describe how a variation in "segregated variable" in such a model is examined.
Explain the concept of ceteris paribus?Ceteris paribus, which translates to "all those other things being equal," is a Latin expression. It is used by experts to describe the theory underlying the laws of nature and economics.
If nothing else changes, it implies that something will frequently take place as a consequence of something else.The analysis of causal relationships between disparate variables is made easier by ceteris paribus.The ceteris paribus model offers a foundational understanding of trends or probability but cannot forecast absolutes or certainties.To explain economic behaviour, economists may choose to restrict the economic mechanism by focusing on two or three variables whereas presuming that all others are constant, immutable, or in the state in ceteris paribus.Thus, Ceteris paribus is a term used by economists to describe how a variation in "segregated variable" in such a model is examined.
To know more about the ceteris paribus, here
https://brainly.com/question/14946106
#SPJ4
What is the primary difference between a secured and an unsecured loan is the requirement of?.
In terms of risk element, secured and unsecured loans are different from one another.
Secured loans require the applicant to provide proof of ownership of an item with some financial value that may be used as collateral. If the applicant is unable to repay the loan, we can use that specific property to determine the loan's value. They are issued by organizations like banks and are relatively risk-free.
Unsecured loans are the ones where the lender evaluates the borrower's financial situation before approving the loan. These loans are typically provided by close family and friends. Since there is no assurance that the loan amount will be repaid, these loans are not risk-free.
To learn more about loans here:
brainly.com/question/29546337
#SPJ4
How can edge computing be used to improve sustainability How can edge computing be used to improve sustainability?.
By consuming less energy and resources, the lowering service latency, and enhancing the quality and security of data collecting, edge computing can contribute to greater sustainability.
Edge computing refers to the application of decentralized computation hardware at the network's edge. Sensors, cellphones, and other mobile devices are examples of edge devices since they are placed close to where their services will be used.
Data processing at the data source is known as edge computing, often referred to as edge network or distributed edge computing. Compared to central servers housed in cloud data centers, it consumes less electricity and reduces latency.
know more about computers here
https://brainly.com/question/21080395#
#SPJ4
stimulates skeletal muscle under voluntary control and consists of single neurons, or nerve cells, which have their body located in the central nervous system
Somatic nervous system stimulates skeletal muscle under voluntary control and consists of single neurons, or nerve cells, which have their body located in the central nervous system.
The Somatic Nervous System is responsible for the stimulation of skeletal muscle under voluntary control.
It is comprised of single neurons, or nerve cells, which have their bodies located in the Central Nervous System.
This system is essential for the functioning of everyday activities such as walking, talking and other complex motor movements.
This system plays an important role in our daily lives by enabling us to control our bodies and interact with our environment.
This system is composed of single neurons, also known as nerve cells, which have their body located in the central nervous system.
To learn more about neurons, click here:
https://brainly.com/question/29462317
#SPJ4
It ay: a rectangular prim ha a volume of 1280 cubic unit the length it i 32 unit and the width i five unit what i the height of the prim? That i the quetion
The height of the prism is 40 units. This is because the volume of a prism is equal to the length multiplied by the width multiplied by the height. Therefore, 1280 = 32 x 5 x h.
To solve for the height, h, divide 1280 by 32 x 5, which is 40. Therefore, the height of the prism is 40 units. To solve this problem, I used the formula for the volume of a prism. The formula states that the volume of a prism is equal to the length multiplied by the width multiplied by the height.
To solve for the height, I divided the given volume (1280) by the given length (32) multiplied by the given width (5). This gave me a height, which was 40 units. After solving for the height, I had the answer of 40 units.
To know more about prism refer to the link brainly.com/question/29722724
#SPJ4
What is product tailoring in marketing?.
Product tailoring in marketing is a marketing strategy which aligns the products and the message with specific characteristics of the audiences, such as age, gender, demography, etc.
Tailoring marketing is aligning the message with the demographics, needs, and desires of the target customers.
Tailored marketing delves into the personas of your brand's target customer to develop a personalized advertising and marketing funnel approach. As a consequence, campaigns are optimized with more interaction, a stronger digital presence, and increased brand loyalty.
One of the purposes of personalized marketing is to ensure that your adverts reach the people you intend to reach. If your product is a make-up brand, promoting to middle-aged males is pointless.
Companies use tailored marketing to specifically target clients based on factors such as: age, demography, gender, etc.
Learn more about marketing here:
https://brainly.com/question/25640993
#SPJ4
In what type of economic system can buyers buy what they want and sell what they want?.
In the market economy of the economic system can buyers buy what they want and sell what they want.
The market economy is the economic system in which the individual and business or company have a freedom to choice what to sell and buy in the marketplace. All economic pursuits are organized and functioned through the market.
The goal of market economy is to give freedom in economic system of market, efficiency and growth. The market economy have the characteristics features like private property, economic freedom, consumer sovereignty, competition and profit.
The economic freedom in the marketplace help in giving the employment as new ideas turns into business.
To know more about market economy here,
https://brainly.com/question/2343400
#SPJ4
What 2 coins equal 30 cents but one is not a quarter?.
There are several possible combinations of coins that equal 30 cents but do not include a quarter.One example is two dimes and a nickel.
Two dimes have a value of 20 cents and a nickel has a value of 5 cents, so together they add up to 25 cents. When you add 5 cents more, you get a total of 30 cents.
Another example is five nickels. Each nickel has a value of 5 cents, so five nickels would have a total value of 25 cents. When you add 5 cents more, you get a total of 30 cents.
Another example is one nickel and one penny and two dimes. one nickel is 5 cents, two dimes is 20 cents and one penny is 1 cent, together they add up to 26 cents, which is 4 cents less than 30 cents.
It is important to note that there are many other combinations of coins that equal 30 cents and do not include a quarter. The examples above are just a few possibilities.
For more questions like Coins click the link below:
https://brainly.com/question/28178864
#SPJ4
What are the four pieces of the command and control system?.
Commanders of army service components rely on state-of-the-art command, control, communications, computers, and intelligence (C4i) systems to improve their situational awareness and decision making, as well as command and control their forces on the battlefield.
About command and control systemVery rapid progress in the field of technology, be it communication technology, computers, information technology and engineering and electronics, greatly influences a system in the military world, all of which aim to achieve information superiority (intelligence) as well as combat management excellence which aims to increase power advantage of fight in a war.
This brought changes to military strategy, tactics and techniques that were carried out due to a deep awareness of the role of technological domination in a military posture.
Information technology combined with war technology makes it possible to create types of war that are qualitatively very much different, both in terms of battle management, command control, weapons systems, logistical support systems etc. So that the presence of C4ISR is continuously refined by every military organization in the world.
Learn more about command and control system at https://brainly.com/question/1728317.
#SPJ4
