Who decides how goods and services will be produced in a command economy? A. Individual consumers
B. Private business owners
C. Entrepreneurs
D. The government

Answers

Answer 1

Answer:

The government, decides how goods and services will be produced in a command economy. Thus, option (d) is correct.

In a command economy, the government sets prices, assigns production targets, manages output levels, and distributes raw materials to businesses. Private ownership of land and capital is nonexistent or very restricted, and the majority of industries are owned by the government.

The government coordinates intricate social and economic systems through a variety of administrative means, including orders, laws, and national objectives. Production of commodities and services that benefit people is prioritized in a command economy.

Therefore, option (d) is correct.

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Answer 2

Answer:

Answer:

The Government

Explanation:

In a command economy, the government controls major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public. The government prices and produces goods and services that it thinks benefits the people

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Heather is seeking to start a business. She is wanting to protect her assets and bring in other people to help her get started and hire people to run the business. What form of business organization should Heather set up?

Answers

Answer:

partnership

Explanation:

Based on the scenario being described it can be said that the business organization that Heather should set up is known as a partnership. This refers to a business arrangement between various parties in which they all parties involved share the business operation's profits and liabilities equally. Which is what Heather wants in this situation by bringing in other individuals to run the business with.

Answer:

Partnership

Explanation:

In partnership, there is an agreement between two or more people to oversee business operations and share its profits and liabilities. Heather want this form of partnership that is why she wants to bring other people to help her get started. By doing this she doesnt need to use all her assets as the oartners willmcontribute their quota for the benefit of the business

True or False: It’s usually a good idea for firms to try to appeal to all potential buyers in a market, because customer variety leads to full capacity

Answers

In the current economy when companies can ship their goods all over the world and the competition is huge, a better strategy might be to specialize on some part of the market and to convince this part of the market that this is the best product for them, so I would say that the statement is false!

Q 6.29: Accurate Auditing is conducting an inventory count for Blake Industries. Blake intermingles empty boxes with full boxes in the storeroom. How would falsifying its inventory account have affected Blake’s financial statements if the auditors had not discovered the fraud?

Answers

Answer:

The asset would have been overestimated

Explanation:

An inventory account deals with assigning values to all the items or goods that are involved in the production process ranging from raw goods, processed goods to market-ready goods.

An inventory represents an asset to a company. Hence, the presence of empty boxes in the storeroom if otherwise taken as full boxes will lead to an overestimation of the asset unless they are discovered.

All of the following are types of loans EXCEPT:a. bankruptcy loan
b. small business loan
c. mortgage loan
d. automobile loan

Answers

The answer to the question above is letter a. bankruptcy loan

>>>Types of loans:
Student Loans
Mortgages
Auto Loans
Personal Loans
Loans for Veterans
Small Business Loans
Payday Loans
Borrowing from Retirement & Life Insurance
Consolidated Loans
Borrowing from Friends and Family
Cash Advances
Home Equity Loans

Answer:

The answer to the question above is letter a. bankruptcy loan

>>>Types of loans:

Student Loans

Mortgages

Auto Loans

Personal Loans

Loans for Veterans

Small Business Loans

Payday Loans

Borrowing from Retirement & Life Insurance

Consolidated Loans

Borrowing from Friends and Family

Cash Advances

Home Equity Loans

Explanation:

Janice plans on pursuing a teaching degree in college. Her only option for funding her college education is to apply for loans. Should Janice apply for a federal or a private loan? Why?Select the best answer from the choices provided.
A. a private loan because she may qualify for loan forgiveness
B. a federal loan because she may qualify for loan forgiveness
C. a private loan because she does not have to pay it back
D. a federal loan because she does not have to pay it back

Answers

A because a lot of times depending on your degree they will automatically give you loan forgiveness, espicially going into a high attending job such as teaching.

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