Question 6
In which of the following lists of mixed economies does the free market system dominate?
CubaGreece, China, United States
North Korea, France, South Africa
United States United Kingdom, Singapore, Canada
Russia, Peru, France, Canada

Answers

Answer 1

Answer:

United States United Kingdom, Singapore, Canada

Explanation:

The free market system is an economic model where demand and supply forces determine production.  The government does not interfere with economic transactions in the country. In the free market economy, the factors of production are in the hands of the private sector.

Free-market economies contrast with command economies where the government owns and controls production the factors of production. China, Russia, North Korea, and Cuba are countries with command economic model.


Related Questions

explain the relationship among job, employment and education with examples​

Answers

Answer:

If you go to school it help you learn things for life when your out for the real world where you have to get you a job.

Explanation:

How does the speaker apply the scientific method to marketing? Explain.

How does the speaker apply entropy to marketing? Explain.

In what way does the speaker say marketing has changed in the last 20 years? Does he believe this is a positive or negative change? Explain.

30 Points

Answers

Answer:

How does the speaker apply the scientific method to marketing? Explain.

He says that 1 bad week of marketing or a screwup can corrupt the whole company and make the overall image of the company a bad one. He compares this with science by saying that one bad data point can ruin your whole hypothesis or theory,

How does the speaker apply entropy to marketing? Explain.

"This says that entropy, which is a measure of the disorder of a system, will always increase. The same is true of marketing. If we go back 20 years, the one message pretty much controlled by one marketing manager could pretty much define a brand. But where we are today, things have changed. You can get a strong brand image or a message and put it out there like the Conservative Party did earlier this year with their election poster. But then you lose control of it." He is basically saying that the situation will get worse and worse over time if you don't fix the situation. He applies this to marketing by saying that you can have a strong image at the beginning but if you do not maintain it then it will only get worse and worse over time.

In what way does the speaker say marketing has changed in the last 20 years? Does he believe this is a positive or negative change? Explain.

It doesn't seem like he thinks that it improved or got worse. He made it seem like we have to adapt more to the situation that we may find ourselves in when it comes to marketing. He is definitely more on the positive side though.

Explanation:

Please Help!!!!!!!!!!!!! Watch the Video and Answer the Question!
Briefly describe in your own words the history of Capitalism and Socialism. How and where did each of these systems start? Describe how each system works. Use evidence from the video to support your answer.
Capitalism and Socialism: Crash Course World History #33:

Answers

Answer:

WHAT VIDEO

Explanation:

Answer:

uhm there is no video lol send a link and maybe i can help! :)

Explanation:

It is not advisable for a worker who is satisfied with their job to improve their skills. Please select the best answer from the choices provided T F

Answers

Answer: False

Explanation: I just took the practice test

Answer:

False

Explanation:

Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting

Answers

Answer:

4,750

Explanation:

Calculation for How many additional votes are required to guarantee a seat on the board

First step is to Calculate for STRAIGHT VOTING

Using this formula

Additional Votes= ((Shares of stock outstanding/2)+1)

Let plug in the formula

Additional Votes=((28,500/2)+1)

Additional Votes=14,251

Second step is to calculate for CUMULATIVE VOTING

Using this formula

Additional Votes= ((Shares of stock outstanding/(Number of seats +1))+1)

Let plug in the formula

Additional Votes=((28,500/(2 +1))+1)

Additional Votes=9,501

Last step is to calculate How many additional votes are required

Using this formula

Additional votes =STRAIGHT VOTING additional vote-CUMULATIVE VOTING additional Votes

Let plug in the formula

Additional votes = 14,251-9,501

Additional votes = 4,750

Therefore How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting is 4,750

How does the availability of economic resources in conjunction with the law of diminishing returns affect an entrepreneur's decisions?

Answers

Answer: A

Explanation:

According to the law of diminishing returns, the increase in output that results from adding a production factor is smaller. The law of diminishing returns aids the business in determining the ideal amount of output in production. This is so that the producer can determine whether or not the output has reached its maximum potential.

Why is the law of diminishing returns important?

Because economists anticipate that a firm's short-run marginal cost curves would slope upward as the number of output units rises, the law of diminishing returns is significant because it forms part of the theoretical framework.

According to the economic theory known as the law of diminishing returns, as an investment in a certain area rises, the rate of profit from that investment can no longer rise if other factors remain constant after a certain point.

Learn more about the law of diminishing returns here:

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Leisure Time Corp. follows the practice of paying all employees for vacation. The vacation pay is not vested, but it carries over for one year if unused. The obligation for earned but unused vacation should be

Answers

Answer:

Accrued as a current liability

Explanation:

From the question we are informed about Leisure Time Corp. which follows the practice of paying all employees for vacation. The vacation pay is not vested, but it carries over for one year if unused. In this case The obligation for earned but unused vacation should be Accrued as a current liability. current liabilities in accounting are liabilities in the firm that involves cash when settling it, in the fiscal year as well as operating cycle of a particular company

Under what category of expense do manufacturing wages fall?

Answers

Answer:

Direct expenses

Explanation:

Manufacturing expenses are categorized into direct and indirect expenses.

Direct expenses are the costs that can be traced to a specific product or service. There are the expenses that relate to the production or provision of a particular good or service. Direct expenses include the cost of material, direct labor, and direct factory overhead costs.

Indirect expenses consist of operating expenses such as rent, administrative salaries, insurance, telephone, internet , and computer costs. These costs cannot be linked to a particular product.

In which situation would a person pay a higher property tax than he or she did the year before?
A. The value of the person's home increased.
B. The number of dependents the person had increased.
C. The salary the person earned increased
D. The amount the person spent on electronics increased.

Answers

The answer is A the value of a persons home increased.

A person would pay a higher property tax than he or she did the year before when A. the value of the person's home increased.

What is property tax?

Property tax is an ad valorem tax levied on real estate, such as a building or a residential home, that is owned by an individual or another legal body, such as a corporation.

It is an ad valorem tax because it is based on the assessed value of the property.

As a result, the higher the value of a property compared to the year before, the higher the property tax.

Therefore, a person would pay a higher property tax than he or she did the year before when the value of the person's home increased.

Learn more about property tax here: https://brainly.com/question/11544476.

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Harriet is running a company that produces shoes. She had employed 100 workers in her factory and had the output of 300 shoes per week.
With 200 employees the output was 600 shoes per week. She then Increased the number of employees to 300. She found that the output only
Increased to 700. Which operational phenomena has Harriet observed here?
A.
economies of scale
OB.
law of diminishing returns
C. law of cost-price increase
D.
depreciation principle
E.
fluctuation correction

Answers

Answer:

B

Explanation:

It demonstrates law of diminishing returns. The law of diminishing marginal returns states that adding an additional factor of production results in smaller increases in output.

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Q. Keeping in mind the rural area to be targeted, being a marketing manager of xyz Co. Which proactive marketing would you use to serve the target audience? Justify

Answers

Answer: Use of Radio, Television, Billboards, magazine and newspaper

Explanation:

Proactive marketing marketing or advertising is advertising in areas or location that your product or service in the places where people are not already looking or asking. Example of proactive marketing strategies to use are Television, magazine, radio commercials, billboards. Radio, Television and billboards will travel faster, because they can see the billboards and Television, also majority use radio

I need 5 skills needed to do this

Answers

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____________ occurs when a seller takes on various digital identities by opening up several email accounts and bids on his or her own items multiple times to prompt genuine bidders to provide a much higher bid for an item than they would have done otherwise.

Answers

Answer:

Shill bidding

Explanation:

Shill bidding occurs when a seller takes on various digital identities by opening up several email accounts and bids on his or her own items multiple times to prompt genuine bidders to provide a much higher bid for an item than they would have done otherwise

The Southwest Clothing Company borrowed a sum of cash on October 1, 2016 and signed a note payable. The annual interest rate was 12% and the company's year Income Statement (accounting period ending December 31) reported interest expense of 1.260 € related to that note. What was the amount borrowed?

Answers

Answer:

$42,000

Explanation:

Calculation for the amount borrowed

Amount borrowed=$1,260/(12% x 3/12)

Amount borrowed=$1,260/0.03

Amount borrowed=$42,000

Note that October 1, 2016 to 31 December 2016 will gives us 3 months

Based on the above calculation $42,000 which is the amount borrowed x 12% x 3/12 = Interest expense amount of $1,260

Therefore the amount borrowed is $42,000

Which tax is specifically charged on real estate?
Kimberly wants to sell her house. However, the buyer is unwilling to buy the house, saying that the _____ tax levied on the house is taking the price of the house over his budget.

Answers

Answer:

Property tax assessment

Explanation:

Under construction propertiesare taxed at 12%

From my according

What program would be likely to help a person prepare for teacher certification?
O a master's degree in Psychology
O a bachelor's degree in Education
O a one-year technical school certificate
O an associate degree from a community college

Answers

Answer: The answer is a bachelor’s degree in Education.

Explanation:

To help a person prepare for teacher certification is likely program is a bachelor's degree in Education.

A Bachelor of Education (B. Ed.) is a professional undergraduate degree that qualifies graduates to work as teachers in educational institutions.

In other nations, like Tanzania and Kenya, the student must do additional activities like fieldwork and research in order to be completely qualified to teach.

Tests for the licenses or certificates necessary for instructors in some places may also be administered concurrently with or after it.

Therefore, the correct option is "a bachelor's degree in Education".

To know more about the bachelor's degree in Education, visit:

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According to the video, what are some tasks performed by Tellers? Check all that apply.
O reviewing insurance applications
O cashing checks
O analyzing investment opportunities
O judging risk based on statistics
O accepting payments for a customer's bills
O dealing with foreign currencies

Answers

Answer:

Cashing checks, receiving checks/ paying out money, entering transactions on computers

Explanation:

According to O*NET, what are some common tasks performed by Tellers? Check all that apply.

Answer:

2, 5, 6

Explanation:

Hope this helps!

what is business and what is occupation​

Answers

Answer:

Business:

A person's regular occupation, profession, or trade.

Occupation:

A job or profession.

Explanation:

I looked them up in a dictionary.

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HAS ANYONE TAKEN THE 2020 ALGEBRA 1 EOC IN FLORIDA THIS YEAR?? IF U HAVE PLZ TELL ME WHAT QUESTIONS THEY ASKED U

Answers

Answer:

They just ask you what you have learned in your previous math courses.

Explanation:

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