when a country allows trade and becomes an importer of cheese, which of the following is not a consequence?a.the gains of domestic consumers of cheese exceed the losses of domestic producers of cheese.b.the price paid by domestic consumers of cheese increases.c.the price paid by domestic consumers of cheese decreases.d.the price received by domestic producers of cheese decreases.

Answers

Answer 1

The correct answer is A - when a country allows trade and becomes an importer of cheese, the gains of domestic consumers of cheese do not necessarily exceed the losses of domestic producers of cheese.

When a country allows trade and becomes an importer of cheese, the domestic producers of cheese will face a decrease in the price received for their product. This decrease in price for producers is a consequence of increased competition from foreign producers, which can drive down the price of cheese in the domestic market.
At the same time, the price paid by domestic consumers of cheese may decrease due to increased competition in the market, and depending on the relative demand for the imported cheese. If the demand for the imported cheese is high, then the price paid by domestic consumers of cheese may decrease.
Ultimately, the consequences of a country allowing trade and becoming an importer of cheese will depend on the relative prices of domestic and imported cheese, as well as the demand for the imported cheese in the domestic market.Thus,the correct option is A.

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Related Questions

Explain the public attitude the dealers had toward kino and his ""pearl of the world""? why was it different than their private attitude (what they thought behind kino’s back)?

Answers

The public attitude the dealers had toward Kino and his "pearl of the world" was that, in public, the dealers said the color was off and because it was so large no one would buy it.

The pearl dealer inspects the pearl and tells Kino that his pearl is like fool's gold, as it is too large and valuable only as a curiosity. So, none of the dealers make an offer to buy the pearl.

The dealers believed that Kino would not know any better and would believe the lies they were telling him about his "monstrosity of a pearl". Their private attitude was different as they wanted to pay less for it.

Hence, the public attitude was different than the private attitude.

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What is the ground clearance of the Nissan GT-R?

Answers

Answer:

110 mm

Explanation: The Nissan GT-R has a 110 mm ground clearance.

Which type of line advertisements are considered a multi advertising method?
Web banners
Pop-under ads
Floating ads
Tristitial ads

Answers

I think the answer is Web banners

The line advertisements that are considered a multi advertising method is Web banners.

What is advertisements?

advertisements can be regarded as the process of promoting the brands of a company.

This advertisement involves different process of making a product known to the potential buyers and this could be a multi advertising method.

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According to your results of the test, write a 4-5 sentence summary of your personality.
My test results describe me as a ______ parrot______ (animal), which means that I…


WHOEVER HELPS GETS 20 POINTS

Answers

Answer: am rebellious, outgoing, and expressive

Explanation:

to qualify for a federal housing administration (fha) loan, a person must generally

Answers

To qualify for a Federal Housing Administration (FHA) loan, a person generally must meet the following requirements: C. fulfill income guidelines.

FHA loans are designed to make homeownership more accessible to people with lower credit scores or smaller down payments. To qualify for an FHA loan, a person must generally have a credit score of at least 500, but a credit score of 580 or higher is preferred. The borrower must also have a debt-to-income ratio of 50% or less, which means that their total monthly debt payments, including the mortgage, cannot exceed 50% of their income.

In addition to credit and income requirements, FHA loans also have certain property requirements. The home must be owner-occupied and must meet certain standards for safety, soundness, and sanitation. The property must also be appraised by a qualified appraiser to ensure that it is worth at least the amount being borrowed.

Finally, FHA loans require a down payment, although the amount can be lower than with a conventional loan. The minimum down payment for an FHA loan is 3.5%, although a higher down payment may be required in some cases.  

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Full Question ;

To qualify for a Federal Housing Administration (FHA) loan, a person must generally

A. have at least a high school diploma.

B. have one-quarter of the cost of the home for a down-payment.

C. fulfill income guidelines.

D. provide two individuals to co-sign the loan.

Baruch is interested in the carbon cycle. He learns that carbon enters the forest from the atmosphere by the sugar-making process of.

Answers

The carbon cycle is a topic that interests Baruch. He discovers that photosynthesis, which produces sugar, is how carbon dioxide from the atmosphere reaches the forest.

What is involved in the photosynthetic carbon cycle?

During photosynthesis, plants use carbon dioxide and sunlight to create the fuel—glucose and other sugars—needed to create their own structures. This procedure is the foundation of the rapid (biological) carbon cycle.

During photosynthesis, plants take up water (H2O) and carbon dioxide (CO2) from the soil and atmosphere. In the plant cell, carbon dioxide is reduced, which means it receives electrons, whereas water is oxidized, which means it loses electrons. As a result, carbon dioxide is transformed into glucose and water into oxygen.

During the sugar-making process known as photosynthesis, carbon is eaten in the form of carbon dioxide from the atmosphere and water is gathered by the plant from the soil. The reaction between these two chemicals produces glucose and oxygen. While the monosaccharide glucose is stored in the roots and stems and other parts of the plant, oxygen is released into the atmosphere.

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(On May 20, the board of directors for Auction.com declared a cash dividend of 50 cents per share payable to stockholders of record on June 14. The dividends are paid on July 14. The company has 503,000 shares of stock outstanding. Closing entries are recorded on July 31. Prepare any necessary journal entries for each date. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Answers

The company has 503,000 shares of stock outstanding. Closing entries are recorded on July 31.

The journal entries are as follows:

On May 20, the board of directors for Auction.com declared a cash dividend of 50 cents per share payable to stockholders of record on June 14. The dividends are paid on July 14. The company has 503,000 shares of stock outstanding. Closing entries are recorded on July 31. The necessary journal entries for each date are given below:

May 20 Dividend Declared: DateAccountTitlesDebitCreditMay 20Dividends Payable 251,500Cash 251,500Dividend declared of $0.50 per share on 503,000 shares June 14 Record Date: DateAccountTitlesDebitCredit, June 14No Journal Entry RequiredRecord date for a dividend of $0.50 per share on 503,000 shares June 14 Dividend Payable: DateAccountTitlesDebitCreditJuly 14Dividends Payable 251,500, Cash 251,500Dividend payable of $0.50 per share on 503,000 shares July 31 Closing Entries: DateAccountTitlesDebitCredit. July 31 No Journal Entry Required, Closing entry required for dividends paid.

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Click this link to view O*NET’s Tasks section for Human Resources Managers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by Human Resources Managers? Check all that apply.

analyzing and modifying compensation and benefits policies
identifying new ways to market a product to potential customers
advising managers on organizational policy matters
performing difficult staffing duties
conducting interviews with customers to determine what they want
serving as a link between management and employees

Answers

Answer:

a. c. d. f

Explanation:

i got them right !

our self-talk consists of words pictures and emotions. as we imprint our affirmations we

Answers

Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.

What are the four categories of self-talk?

Your inner discourse is known as self-talk.

Personalizing. You own all of the guilt for yourself.

Magnifying.

Catastrophizing.

Polarizing.

What are the five tiers of one's own self-talk?

Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.

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Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?

In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.

Answers

Answer:

A process layout groups similar activities together according to the functions they perform.

Explanation:

Answer:

process

Explanation:

Plato/Edmentum

Why is divorce a major reason people file for bankruptcy ?

Answers

If a prenup is signed before marriage some could lose all their money. Also whichever one of divorcees get custody over a child will have to pay a fixed amount of child support every month which could also contribute to money loss.

plz click the photo and help me multi choicee ​

plz click the photo and help me multi choicee

Answers

Answer:

The first one is "More will be supplied at higher prices"

The second one is shortages

The third one is upward

Explanation:

Sorry this took long....

Answer:

1. First Option

2. Second Option

3. First Option

Explanation:

1. The answer is the first option or "more will be supplied at a higher prices." Increasing the price for goods or services will decrease the amount of people that will buy them because not everyone has the money to buy goods from different businesses therefore the supply of these goods will increase. Now if you decrease the price allowing more people to buy your goods then you will have a shorter supply of stock.

2. The answer is option two or "shortages." Imposing price ceilings prevents a products price from rising to a certain level and doing so means that not many business owners can raise the price of their products when the demand for these products goes extremely high, which then causes a shortage a lack of supply of a product.

3. Supply curves is a graph that shows the supply, costs, or service and as a product comes out and experiences hype the business owners expect the supply to be low, but as time goes by and the hype settles the supply for this product would steady increase therefore the graph will always go "upward" or option one.

Hope this helps.

Kitts Co. buys and sells a product that has a variable cost per unit of $18. Kitts' fixed costs amount to $40,000 and a desired profit of $8,000. The product sells for $22 each. If Kitts is able to reduce fixed costs by $12,000, the number of units that must be sold to earn the desired profit will decrease by what?

Answers

If Kitts Co. is able to reduce fixed costs by $12,000, the number of units that must be sold to earn the desired profit will decrease by 3,000 units.

To calculate the number of units that must be sold to earn the desired profit before the reduction in fixed costs, we can use the following formula:

(units sold) x ($22 selling price) - (units sold) x ($18 variable cost per unit) - $40,000 fixed costs = $8,000 desired profit

Simplifying this formula, we get:

(units sold) x ($4) = $48,000

So, the number of units that must be sold to earn the desired profit before the reduction in fixed costs is 12,000 units ($48,000 ÷ $4).

If Kitts is able to reduce fixed costs by $12,000, the new fixed costs would be $28,000 ($40,000 - $12,000).

Using the same formula as before, we can calculate the new number of units that must be sold to earn the desired profit:

(Units sold) x ($22) - (units sold) x ($18) - $28,000 = $8,000

(units sold) x ($4) = $36,000

So, the new number of units that must be sold to earn the desired profit is 9,000 units ($36,000 ÷ $4).

Therefore, the number of units that must be sold to earn the desired profit will decrease by 3,000 units (12,000 units - 9,000 units) if Kitts is able to reduce fixed costs by $12,000.

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Marcus started the brainstorming process by jotting down some ideas. What is his next step?

Redo the brainstorming process.
Find the first solution.
Organize his ideas into categories.
Create a list of pros and cons.

Answers

Answer:

Organize his ideas into categories.

Explanation:

I just did it ;)

Marcus started the brainstorming process by jotting down some ideas and his next step is organizing his ideas into categories. The correct option is c.

What is the brainstorming process?

Brainstorming is a method of generating ideas and sharing knowledge to solve a particular commercial or technical problem, in which participants are encouraged to think without interruption.

Brainstorming is a group activity where each participant shares their ideas as soon as they come to mind. After the session, ideas are categorised and ranked for follow-on action. When planning a brainstorming session it is important to define clearly the topic to be addressed. A topic which is too specific can constrict thinking, while an ill-defined topic will not generate enough directly applicable ideas. The composition of the brainstorming group is important too.

It should include people linked directly with the subject as well as those who can contribute novel and unexpected ideas.

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Suri is leading a group project. Which time-management tool would help her organize multiple tasks and schedules and easily share with her team?.

Answers

Time-management tool which help Suri to organize multiple tasks and schedules and can easily share with her team is Online calendar.

What do you mean by Team?

A team is described as a collection of individuals who collaborate to complete interdependent activities in support of a common goal or mission.

Planning and exercising deliberate control over the amount of time spent on particular tasks, especially to boost effectiveness, efficiency, and productivity, is the practice of time management. Calendar is one example of a time management strategy, project manager or task manager, tracker for time, App for capturing notes (with templates), Tools for preventing distractions, habit tracking,

Therefore, Online calendar is time-management tool which help Suri to organize multiple tasks and schedules and can easily share with her team.

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Question 2 of 10
What is product positioning?
O
A. The set of plans for product, price, place, and promotion that the
marketer will use
O
B. The use of names and symbols to identify the company's products
O C. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
OD. A definition of how the company intends for customers to view its
product relative to the competition

Answers

Answer:

I think it should be D keep checking just in case

The answer is D I think

When setting prices of products, businesses want to make sure they can
cover their costs and make
A. a markup
B. an allowance
C. a discount
D. a profit

Answers

Answer:

When setting prices of products, businesses want to make sure they can cover their costs and make:

D. a profit

The setting prices of products, businesses want to make sure they can cover their costs and make a profit. Thus, option (d) is correct.

What is businesses?

The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.

The business is the main motive for earning the profit. Businesses are increasing productivity as a result of rising profits. From the location to the facilities such as medical facilities, proper furniture, employee liberty of work, training, internet facilities, and furniture, etc., businesses are improving. The cost plus extra amount is called the profit.

As a result, in the setting prices of products, businesses want to make sure they can cover their costs and make a profit. Therefore, option (d) is correct.

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Detail the contracting process in organizational consulting. what are the important considerations for the internal consultant in the entry and contracting phase of a consulting project?

Answers

The contracting process in organizational consulting involves establishing clear expectations and agreements between the client organization and the internal consultant.

During the entry and contracting phase, there are several important considerations for the internal consultant:

1. Clarify the scope and objectives: The consultant needs to understand the client's needs, goals, and desired outcomes. This includes defining the scope of the project and setting realistic expectations.

2. Assess readiness for change: Evaluate the client organization's readiness and willingness to engage in the consulting process. Identify potential barriers, resistance, or constraints that may impact the project's success.

3. Build rapport and trust: Establish a strong working relationship with key stakeholders, including senior leaders and project sponsors. Foster open communication and trust to facilitate effective collaboration.

4. Define roles and responsibilities: Clearly outline the roles, responsibilities, and boundaries for both the client and the consultant. This includes defining who will be involved, decision-making processes, and resource allocation.

5. Develop a project plan: Create a comprehensive project plan that outlines the activities, timelines, deliverables, and milestones. Ensure alignment between the client's expectations and the consultant's proposed approach.

6. Determine project logistics: Discuss practical details such as meeting schedules, communication methods, data sharing, and confidentiality agreements. Address any legal or ethical considerations that may arise during the project.

7. Establish evaluation criteria: Agree upon evaluation criteria and methods to measure the success and impact of the consulting engagement. This helps in assessing the effectiveness of the intervention and making necessary adjustments.

8. Document the contract: Formalize the agreement through a written contract or statement of work. The contract should include project details, expectations, deliverables, fees, and any terms and conditions agreed upon by both parties.

By considering these factors during the entry and contracting phase, internal consultants can lay a strong foundation for a successful consulting project that aligns with the client's needs and maximizes the chances of achieving desired outcomes.

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Imagine you are the dining room manager of a restaurant. You are responsible for
creating a set of sanitation rules to be followed by the staff.

The sanitation rules should cover the following aspects:
Service sanitation rules
Personal hygiene and attire rules
Side work rules

Answers

I would say always wash your hands before handling any food, wear gloves at all times, have a clean uniform each day. Please mark brainliest :))

What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?

Answers

Answer: The action button lets users play the audio file, the sound button will play an audio clip.

Explanation:

The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.

Could someone help me please?

Answers

Answer: Yes Definitely. But i need the question

Explanation:

you can get the solution on Brainly straightly.

how can we use the list of preference while making decisions​

Answers

Answer:

you Nepal ?

Explanation:

hey what you asking

B2C markets can be characterized as being more ________ than B2B markets. A. Indirect. B. Direct. C. Impersonal. D. Personal. E. Simple

Answers

B2C markets can be characterized as being more personal than B2B markets.

In B2C markets, companies are marketing directly to individual consumers, often with the goal of creating an emotional connection with the brand or product. This requires a more personalized approach that takes into account the unique needs, wants, and preferences of each consumer. In contrast, B2B markets involve companies selling products or services to other businesses, which typically have a more rational and analytical decision-making process.

Therefore, B2B marketing is typically less personal and more focused on providing technical specifications and data to support the purchase decision.

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Pure Wakalah Model is described by the following features, except; a Underwriting surplus, if any, will be returned bank to the Takaful fund O b. The operator is rewarded as an agent that manage the Takaful on behalf of the participants OC. The operator is rewarded with a commission which is tied with its performance Od. Investment profits, if any, will be shared according to an agreed ratio Question 4 Not yet answered Marked out of 1.00 P Flag question Among the differences between Family and General Takaful are the following: EXCEPT: O a. General Takaful will not be terminated upon the payment of a claim during the tenure O b. General Takaful cover risk of the participants during certain period with a renewable option General Takaful has one account called participant investment account O O d. General Takaful usually covers for shorter term period than that of Family Takaful Question 5 Not yet answered Marked out of 1.00 P Flag question Previous page Which of the following is the mostly established takaful model? a. Musawamah Ob. Tawwaruq Oc Od. Wakalah Bal Bithaman Ajil Question 7 Not yet answered Marked out of 1.00 P Flag question There are 2 types of Takaful business, which are and. O a. General takaful and household takaful O b. Family takaful and Hazard takaful O e family solidarity takaful business and general takaful business Od. Specific Takaful and general takaful business

Answers

Q4) Among the differences between Family and General Takaful are the following, except: General Takaful will not be terminated upon the payment of a claim during the tenure. (Option A)

Q5) The most established Takaful model is Wakalah. (Option D)

Q7) The two types of Takaful business are General Takaful and Household Takaful.

Q4) Family Takaful and General Takaful are two types of Takaful business models. While both involve risk coverage and mutual cooperation, there are some differences between them. One key distinction is that General Takaful covers risks for a shorter-term period compared to Family Takaful.

Family Takaful provides coverage for longer-term periods, often extending throughout an individual's lifetime or a specified term. On the other hand, General Takaful typically offers coverage for shorter-term durations, such as one year or specific periods based on the participants' needs.

Additionally, in Family Takaful, the policy does not terminate upon the payment of a claim during the tenure. This means that even if a claim is made and paid out, the coverage under the Family Takaful policy continues. However, this is not the case in General Takaful, as the policy may terminate or need to be renewed after a claim is paid.

Q5) Among the various Takaful models, the Wakalah model is the most commonly established and widely used. The Wakalah model operates on the principle of agency, where the operator or Takaful company acts as an agent and manages the Takaful operations on behalf of the participants.

In the Wakalah model, the operator is rewarded with a commission that is tied to its performance in managing the Takaful fund. This model allows for the separation of the Takaful fund's surplus and investment profits from the operator's compensation. Any underwriting surplus is returned to the Takaful fund, and investment profits, if any, are shared according to an agreed-upon ratio.

The Wakalah model provides a transparent and structured approach to managing the Takaful operations, ensuring that the operator's compensation is linked to its performance while safeguarding the interests of the participants and the Takaful fund.

Q7) General Takaful encompasses a range of non-life insurance products and covers various risks, including property, liability, motor, marine, and travel insurance. It provides protection against financial losses arising from these risks for individuals, businesses, and organizations.

On the other hand, Household Takaful is a specific category of Takaful that focuses on providing protection and coverage for individuals and their households. It includes policies related to home insurance, personal accident insurance, medical expenses, and other similar coverages aimed at safeguarding the well-being and assets of individuals and their families.

Both General Takaful and Household Takaful operate based on the principles of Takaful, which emphasize mutual cooperation, risk-sharing, and adherence to Islamic principles. These types of Takaful businesses offer Shari'ah-compliant insurance solutions to individuals and businesses, allowing them to manage their risks while ensuring compliance with Islamic ethical standards.

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Mandy used to work as a costume designer at her local theatre until she left work 3
years ago to bring up her daughter Natalie, now 4 years old. Mandy now works from
her house in Slough where she provides, makes and sells hand made glove puppets.
At the moment she sells at local craft fairs and through word of mouth. She now
wants to expand her business to include an on line shop and also to provide puppet
shows for children's parties and puppet making workshops for slightly older
children's parties.
1. Identify 2 reasons why Mandy may need to raise finance.
(2 marks)
2. Explain 1 advantage and 1 disadvantage to Mandy of taking out a bank loan.
(4 marks)
3. Mandy is considering applying for an additional mortgage on her house to
finance the business expansion. Do you think this is a good idea? Justify your
(9 marks)
answer.

Answers

Answer:

1. Mandy may need to raise a finance because she wants to expand her business, so therefore she may need extra money.

2. 1 advantage of taking out a bank loan is that she could build up her business with the money she’s taking out and the disadvantage is that her business may not work out or she won’t be able to pay the bank back

3. It may be a good idea to finance the business expansion because she may or may not grow her business after expanding it. But after expanding it there is possible chances of her business working out and growing more.

Explanation:

This is a case study adopted from the book of Crispina R. Corpuz. "Reyes Department Store" Based on the review of the store, Nicole, the general manager concluded that one of the first things she has to attend involves developing the job description of her store supervisor. During her first few weeks on the job, Nicole found herself asking one of her supervisors, Jet, why was he violating what she knew to be part of the company policies and procedures. Jet’s only response was that he was not aware of that policy and was not aware it was part of his job. Nicole knew that a job description, along with a set of standards and procedures that specify what was to be done and how to do it, will go a long way toward alleviating the problem. Discuss the process that Nicole should follow to solve this problem.

Answers

In order to Nicole to solve this problem, she must reevaluate the job description and company policies and procedures, and then include certain specifications that will make employees more aware of their roles within the company.

Nicole is the general manager of the Reyes Department Store, so she acted correctly when she noticed inconsistent conduct by one of her supervisors and identified the problem.

She then realized that she should carry out a job description along with standards and procedures that specify what should be done and how to do it.

A job description is a document that specifies the responsibilities and activities of each organizational role.

Its objective is to adapt professionals to their work position according to their profile and optimize people management, creating greater standardization of processes and agility in decisions.

Therefore, job descriptions must always be monitored and revised so that new needs are included and so that employees can carry out their role effectively.

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If a lessee classifies a lease as a capital lease and uses the straight-line method of depreciation, what is the amount to be amortized over the lease term?
a. the original amount capitalized less the unguaranteed residual value
b. the original amount capitalized less the present value of the guaranteed residual value (if applicable)
c. the original amount capitalized less the guaranteed residual value (if applicable)
d. fair value of the leased property

Answers

If a lessee classifies a lease as a capital lease and uses the straight-line method of depreciation, the amount to be amortized over the lease term is option B: the original amount capitalized less the present value of the guaranteed residual value (if applicable).

When a lessee classifies a lease as a capital lease, it means that the lease meets one of the four criteria outlined in the accounting standards. One of these criteria is that the lease transfers ownership of the leased asset to the lessee at the end of the lease term. In such cases, the lessee must recognize the leased asset and the lease liability on their balance sheet.

To account for a capital lease, the lessee must calculate the amount to be amortized over the lease term. This amount represents the cost of the leased asset that the lessee will allocate as an expense over the lease term. The straight-line method of depreciation is one way to calculate this amount.

Under the straight-line method, the lessee will take the original amount capitalized (i.e., the present value of the minimum lease payments) and subtract the present value of the guaranteed residual value (if applicable). The result is the total amount that will be amortized over the lease term. This calculation ensures that the lessee recognizes the cost of the asset that they will use during the lease term and accounts for any guaranteed residual value that the lessor may provide.

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Why should businesses be socially responsible? Give any two reasons.

Answers

Answer:

Embracing CSR increases customer retention and loyalty, increases employee engagement, improves brand imaging, attracts investment opportunities and top talent, and makes a difference for bottom-line financials.

Explanation:

Yeah.

dollar general corporation operates general merchandise stores that feature quality merchandise at low prices to meet the needs of middle-, low-, and fixed-income families in southern, eastern, and midwestern states. for the year ended february 1, 2019, the company reported average inventory of $$3,850 (in millions) and an inventory turnover of 4.63. average total fixed assets were $2,836 (million) and the fixed asset turnover ratio was 9.04.

Answers

Answer:

Hello. So then going to answer your question about but it's the profit and the opportunity cost about an employee that decided to start their own company For doing so first I just set all the values that you get in the problem. So the revenue of the company's 125 million. The Labour or the expansion labor they have to put is 600,000 In capital is 150,000 and the material is 200,000. Then the woman in the previous work get a wage of 250,000. And she also got some mistakes that give her one million for annual in terms of the prophet. So the prophet make this income and then you have to subscribe all the expenses of the company got through. In this case the labor, the capital and the materials. This will give a profit at the end of 550,000. And this will be a Contin profit. That is your first question then the opportunity cost is important to understand the economic profit. That will be the second situation that the worker will have or in this case here with that and will be the combined results of her income of them from the wage and the stocks. Because you know her way in her case, she would obtain these two elements. So for him which was 250,000 Um for the sexual one million. So this will be her total income to the economic economic profit. So let me change the so it's more clear. So the economic profit will be the difference in this case will be negative. So it's not so much about the magnitude but in this case is negative because it would be 4000 to 50,000. That was a profit that she was making my nose. The income that you're making within your company. And this will be negative. So means that at the end she will be better than unemployed that's having their own company. And this is the main commotion that should get. So the economic profit. This is a quick summary. The economic profit is the difference between the opportunity cost and the situation that you choose. So this is the opportunity cost and this is the company situation or the actual situation opportunity. Cause we calculated with the values of the other second situation in this case. Working have encouraged talks the accounting profit is just the income and then you subtract all the expenses in your case, the income with this and then you subscribed the capital, labor and materials. And then that's how you get the conclusion. So I hope the explanation was clear. Thank you very much for your time

Explanation:

What is a system in which the government plans and determines the production of goods and services?.

Answers

A command economy is an economic system in which the government plans and determines the production of goods and services.

What is a command economy ?A command economy is a crucial component of a political system in which the degree of output that is permitted and the prices that may be paid for products and services are set by a central governing body. Most industries are owned by the public.The principal alternative to a command economy is a free market economy where supply and demand determine prices and output.A communist political system includes a command economy, whereas capitalist countries have a free market.In a command economy, the central authority establishes the amount of output, manages the flow of products, and sets the pricing.Government control, as opposed to private enterprise, according to proponents of command economies, can guarantee a just distribution of commodities and services.

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