To simplify CVP (cost-volume-profit) calculations, it is assumed that certain factors will remain constant. Specifically, it is assumed that the per-unit variable cost and the per-unit selling price will remain constant over the relevant range of activity.
This assumption is made in order to simplify the analysis of the relationship between costs, volume, and profit. By assuming that the per-unit variable cost and per-unit selling price remain constant, managers can more easily calculate the contribution margin (the amount by which the selling price exceeds the variable cost per unit) and use this information to determine how changes in sales volume will affect overall profits.
Of course, in reality, per-unit variable costs and per-unit selling prices may fluctuate over time or at different levels of production. However, by making the simplifying assumption that they will remain constant, managers can make more accurate predictions and decisions about how to price products, manage costs, and maximize profits.
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Rico is in the market for a new car. He sees a magazine advertisement touting the safety features of Volvo cars. Although Rico had not thought about buying a Volvo, nor did he know how much the cars cost, the advertisement made him want to research that line of cars further. This exemplifies which feature of advertising
The feature of advertising which convinced Rico to get new interest in Volvo cars because of the advertising about their safety features is known as:
Successful advertising should persuade consumers to take some form of actionAccording to the given question, we are asked to state the feature of advertising which convinced Rico to get new interest in Volvo cars because of the advertising about their safety features.
As a result of this, we can see that the feature of advertising which was used by the marketers of the Volvo car was successful advertising because they were able to persuade Rico to take some form of action which was to make more research on the line of cars.
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He contract that contains provisions for surface leases related to a property is the _____.
The contract that contains provisions for surface leases related to a property is the Farm and Ranch contract.
A void contract is a contract that fails a validity test and is therefore not a contract. A void contract is a contract that initially appears valid but may be terminated by a party deemed to have interfered in some way.
After a reasonable period of time, the contract is considered accepted and can no longer be objected to. Other examples include real estate contracts, attorney contracts, etc. If a contract is concluded without the free consent of the parties, it will be considered a void contract.
A voidable contract is a formal agreement between two parties that can be made unenforceable for a variety of legal reasons, including Errors, Misrepresentations, or Fraud. Excessive influence or coercion.
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Taco Bell fast-food restaurant does not chop the lettuce and tomatoes and grate the cheese used to make its menu items, but hires someone outside the restaurant to perform these tasks. By _____ these tasks, Taco Bell can keep its overhead low and concentrate its resources on taking customer orders and assembling food.
A. outsondling.
B. unbundling.
C. remarketing.
D. demarketing.
E. insourcing.
If the company hires someone outside the restaurant to perform these tasks. By outsourcing these tasks, Taco Bell can keep its overhead low and concentrate its resources on taking customer orders and assembling food.
What is outsourcing?Outsourcing can be defined as the way in which a company or an organization decide to employ someone from outside of their organization to work from them.
Example a company can decide to outsource a person to work for them if they have too many uncompleted tasks to complete or when they have limited staff.
Therefore we can conclude that outsourcing has to do with recruiting someone outside a workplace.
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8 0.5 points 8 01:01:33 Book Hint Print References Ames Trading Company has the following products in its ending inventory. Cost per Market per Unit Unit $ 700 $ 650 200 738 Product Mountain bikes Skateboards Gliders Inventory Items Quantity 24 10 30 Compute lower of cost or market for inventory applied separately to each product. Mountain bikes Skateboards Gliders Units 280 670 Per Unit Cost Market Cost Total Market LCM applied to each product Check my
The lower of cost or market for each product's inventory is calculated separately, resulting in total market values of $15,600 for mountain bikes, $2,000 for skateboards, and $20,100 for gliders.
The lower of cost or market (LCM) method is used to value inventory at the lower of its cost or its market value. In this case, Ames Trading Company has three products in its ending inventory: mountain bikes, skateboards, and gliders. The cost and market values per unit for each product are provided.
To compute the LCM for each product, we compare the cost per unit with the market per unit and choose the lower value. Then, we multiply the LCM by the quantity of each product to determine the total market value. The results are as follows:
- Mountain bikes: The cost per unit is $700, and the market per unit is $650. Since the market value is lower, the LCM is $650. The total market value for mountain bikes is $650 * 24 units = $15,600.
- Skateboards: The cost per unit is $200, and the market per unit is $738. Since the cost is lower, the LCM is $200. The total market value for skateboards is $200 * 10 units = $2,000.
- Gliders: The cost per unit is $280, and the market per unit is $670. Since the market value is lower, the LCM is $670. The total market value for gliders is $670 * 30 units = $20,100.
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an automobile whose speed is increasing at a rate of 0.800 m/s2 travels along a circular road of radius 10.0 m. (a) when the instantaneous speed of the automobile is 6.00 m/s, find the tangential acceleration component. magnitude
The instantaneous speed of the automobile is 6.00 m/s, find the tangential acceleration component is 0.800 ms⁻²
Acceleration:
Acceleration refers the object is said to be accelerated if there is a change in its velocity.
Given,
An automobile whose speed is increasing at a rate of 0.800 m/s2 travels along a circular road of radius 10.0 m.
Here we need to find the instantaneous speed of the automobile is 6.00 m/s, find the tangential acceleration component.
Here we know that, the tangential acceleration component of the car is simply equal to the change of the tangential speed divided by the time taken is written as,
at = Δv / Δt
and this rate of change is already given by the problem, 0.800 m/s^2, so the tangential acceleration of the car is 0.800 ms⁻²
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Give four items of information you would expect to find on a statement of account
Answer:
An overall balance. This might be positive (if the customer owes you money), negative (if you own them money), or at 0 (if all payments have been settled).
A date range. You might create an account statement that covers a specific month, year, or quarter – or you might want to show every single transaction between you and your customer. Either way, the dates should be clear.
Every transaction made within the specified date range, including sales (paid upfront or on credit), payments, and refunds. You should list the date and value of each transaction.
Document numbers to support each transaction. This might include the numbers from invoices, credit notes, or payment receipts.
Contact details for you and your customer – including company name, address, phone number, or email address.
A currency. This is particularly important if you have customers abroad. Even if you have transactions in multiple currencies, an account statement should only be in one.
I hope i helped! xoxo
It’s in the picture pleaseee I need this today
Answer:
Could you make it bigger?
Answer:
What are u asking
Explanation:
Marketing is an activity that creates value for customers, clients, partners, and society at large. A firm does this by ______. (Select three answers) Multiple select question. creating offerings expanding markets delivering offerings segmenting offerings communicating offerings selecting markets
Marketing is an activity that creates value for the people. The firm does this by:
communicating offeringsdelivering offeringscreating offeringsWhat is marketing?This can simply be describe as those sets of activities that people or firms engage in order to promote the buying and the selling of products and services.
The activities includes
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A temporary 0% APR is a good way to attract new credit card customers. This type of APR is known as:
a) Minimum balance
b) A principal
c) Overdraft fee
d) Introductory rate
Answer:
d) Introductory rate
Explanation:
APR, or annual percentage rate, is the interest rate applied when using a credit card. A credit card company may introduce offers to boost the uptake of credit cards.
One way to increase uptake is through the 0% APR introductory offer. A temporal 0% APR means no interest will be charged for the use of the credit card for a time as determined by the credit card company. To take advantage of this offer, a customer must pay the minimum payments due on the statement.
Each market __________ consists of people who are relatively similar to each other in terms of their consumption behavior.
A. need group
B. division
C. positioning
D. segment
Each market need group consists of people who are relatively similar to each other in terms of their consumption behavior.
Market and Market need groupMarket needs by definition refer to the functional needs, and goals of a target audience. On this note, a company may identify an area of the market with needs which are unmet and create a product or service that addresses them.
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How did business impact the process of cultural diffusion in the second half of the twentieth century? it slowed it down significantly. it slowed it down modestly. it had no unmistakable impact. it accelerated it significantly.
The Right Response is Option A which states that It slowed it down significantly.
Diffusion of culture is the spreading and blending of elements from other cultures. People adore and take pleasure in the wide variety of foods, outfits, and even languages that are part of these many cultures.
What are some instances of cultural diffusion?
Cultural diffusion refers to the process through which certain aspects of one culture are incorporated into other cultures. The widespread usage of mobile phones (and frequently smartphones) throughout several nations and cultures is an example of cultural diffusion.To Learn more about Cultural diffusion, click the links
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Answer:
The answer is D “ it accelerated it significantly”
Explanation: got it right on my test!
Terophone charge is debit or credit
Answer:
credit
Explanation:
During the contestable period, an insurer may rescind a life insurance policy for all of the following reasons EXCEPT:
a)Misstatement of age in the application
b)Material misrepresentation in the application
c)Fraud in the purchase of the policy
d)Material concealment in the purchase of the policy
Option (a), During the contestable period, an insurer may rescind a life insurance policy for all of the following reasons EXCEPT: Misstatement of age in the application.
The contestable period is the time frame in which a life insurance policy can be canceled or rescinded by the insurance company. The contestable period starts as soon as the policy becomes effective and lasts for two years.
The insurer may rescind a life insurance policy for all of the following reasons during the contestable period except Misstatement of age in the application. The reasons include:
Material misrepresentation in the application
Fraud in the purchase of the policy
Material concealment in the purchase of the policy
The contestable period is a period in which an insurer can investigate an insurance policy. During this period, an insurance policy can be canceled by the insurer if it is found that there has been any material misrepresentation in the application or fraud in the purchase of the policy or material concealment in the purchase of the policy.
The misstatement of age is not one of the reasons for rescinding a life insurance policy during the contestable period. Age misstatements are errors that have no bearing on the insurance policy. Therefore, a life insurance policy cannot be rescinded on this basis.
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Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
Yong teaches students with learning disabilities and physical disabilities.
Barb teaches computer programming to high school students.
Maya works in a private school teaching math to seventh-grade students.
Destiny works in a college teaching English to adult students.
Tanner helps an elementary school teacher and works under the guidance of that teacher.
ANSWERS: 1.Special Education 2. Career and technical education 3. Middle school 4. Post secondary teacher 5.teacher assistant
Answer: Special education teacher
Career and technical education teacher
Middle school teacher
Post secondary teacher
Teacher assistant
Explanation:
Answer:
1.Special education teacher
2.Career and technical education teacher
2.Middle school teacher
3.Post secondary teacher
4.Teacher assistant
Explanation:
Creating an online website what are good ideas to help me brainstorm
A few ideas for the website are:
An easy-to-update CMSResponsive designHelpful navigationStrong brand identityContact informationSecurity featuresa washer and dryer will cost the morgans $310 per year to own and operate. what is the greatest amount that they should spend per week at the laundromat (in a 52-week year) before it becomes worthwhile for them to buy the appliances, not counting convenience?
We need to divide the annual cost of owning and operating the washer and dryer ($310) by the number of weeks in a year (52). which will give us the maximum weekly expenditure.
To find the maximum weekly expenditure at the laundromat, we divide the annual cost of owning and operating the washer and dryer ($310) by the number of weeks in a year (52):
$310 / 52 = $5.96 (rounded to two decimal places)
Therefore, the Morgans should spend no more than $5.96 per week at the laundromat before it becomes more cost-effective for them to purchase the appliances.
Once their weekly expenditure at the laundromat exceeds $5.96, it becomes more financially beneficial for the Morgans to invest in their own washer and dryer, considering the annual cost of ownership and operation. Beyond this threshold, the upfront cost of purchasing the appliances is justified by the savings they would accrue over time by avoiding the ongoing expenses of using a laundromat.
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what is projectile motion
Explanation:
Projectile motion is a form of motion experienced by an object or particle that is projected near the Earth's surface and moves along a curved path under the action of gravity only. This curved path was shown by Galileo to be a parabola, but may also be a line in the special case when it is thrown directly upwards.
A clear expression of a firm's ______ will detail why an organization exists, what problems it wishes to solve, and who it wants to be to every person it touches through its work.
A clear expression of a firm's "mission" will detail why an organization exists, what problems it wishes to solve, and who it wants to be to every person it touches through its work.
The company's fundamental reason for being, its underlying ideals, its values, and the impact it hopes to have on society.
A clear expression of a firm's "mission" will detail why an organization exists, what problems it wishes to solve, and who it wants to be to every person it touches through its work.
A mission statement is of an organization's purpose, usually in the form of a statement of values, mission, and objectives.
It should be simple, easy to remember, and understandable to all stakeholders in the company.
It expresses the company's fundamental reason for being, its underlying ideals, its values, and the impact it hopes to have on society.
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Fill in the Blank
Complete the following sentence.
Evidence of one's claim to authority or competence, such as a diploma, degree, certification, or license is known as
Evidence of one's claim to authority or competence, such as a diploma, degree, certification, or license is known as the credential.
What is the evidence?Evidence is the term that means to show or to prove that a particular thing is true or is in existence. For better understanding, a few illustrations can be taken. Like They found evidence of a robbery, in the room footprints of three persons present, and many more.
In any courtroom for making the case strong, one has to present evidence that is real like fingerprints, blood samples, DNA, a knife, a gun, and other physical objects.
There are basically two types of evidence, which include Oral and Documentary evidence. Documents that include electronic records are documentary evidence.
Thus, all the names given in the statement are of documentary evidence or credential.
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4. do you expect sasb adoption to have an effect on jetblue’s shareholder base?
By adopting the SASB standards, JetBlue is providing more detailed and relevant information to its investors about its sustainability performance.
The adoption of the Sustainability Accounting Standards Board (SASB) standards by JetBlue may have an effect on its shareholder base.
The SASB provides industry-specific standards for companies to disclose their sustainability-related risks and opportunities, which can be useful for investors to make informed decisions.
This increased transparency and disclosure of sustainability performance could attract more environmentally-conscious investors to JetBlue's shareholder base who value companies that prioritize sustainability. These investors may view JetBlue's adoption of the SASB standards as a positive signal that the company is committed to managing and reporting on its sustainability performance.
On the other hand, some investors may not place as much importance on sustainability factors, and may not be as attracted to JetBlue's sustainability reporting. Additionally, some investors may be concerned about the potential costs associated with implementing the SASB standards and whether this may impact the company's financial performance.
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Explain the importance of team dynamics (plz help)
Team dynamics in the workplace are important because they impact creativity, productivity and effectiveness. Since group work is integral to organisations, improving group dynamics can lead to better work outcomes, customer satisfaction and an improved bottom line.
on january 1, 20x1, hilton-top hotels issued the following bond payable, interest payment is due annually on december 31. par value of the bond 800,000 coupon rate 5.35% issue price 771,000 term 10 cost to retire 832,000 assuming the bond was fully retired on december 31, 20x4, what is the gain (loss) on retirement of the bond?
The gain on retirement of the bond is $232,200. This represents the difference between the cost to retire the bond and the carrying value of the bond at the time of retirement.
The gain (loss) on the retirement of the bond can be calculated by comparing the cost to retire the bond with the carrying value of the bond at the time of retirement. The carrying value of the bond represents the remaining balance of the bond after accounting for any amortization of the discount or premium.
Given the information provided:
Par value of the bond: $800,000
Coupon rate: 5.35%
Issue price: $771,000
Term: 10 years
Cost to retire: $832,000
To determine the carrying value of the bond at the time of retirement, we need to calculate the accumulated amortization of the discount or premium over the four-year period.
First, calculate the annual interest payment:
Annual interest payment = Par value * Coupon rate = $800,000 * 5.35% = $42,800
Next, calculate the total interest expense over the four years:
Total interest expense = Annual interest payment * Number of years = $42,800 * 4 = $171,200
Now, calculate the carrying value of the bond at retirement:
Carrying value of the bond = Issue price - Total interest expense = $771,000 - $171,200 = $599,800
Finally, calculate the gain (loss) on retirement:
Gain (loss) on retirement = Cost to retire - Carrying value of the bond = $832,000 - $599,800 = $232,200
Therefore, the gain on retirement of the bond is $232,200.
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The major work of the Limbourg brothers was __________ commissioned for Jean,
the Duke of Berry.
the Tres Riches Heures (Very Sumptuous Book of Hours)
The major work of the Limbourg brothers was the "Très Riches Heures du Duc de Berry" (Very Sumptuous Book of Hours), which was commissioned by Jean, the Duke of Berry.
The "Très Riches Heures du Duc de Berry" was commissioned by Jean, Duke of Berry, who was a prominent patron of the arts during the late Middle Ages in France.
The Duke of Berry was a member of the French royal family and a collector of illuminated manuscripts. He commissioned the Limbourg brothers to create a Book of Hours, which was a devotional book used for private prayer by the nobility and wealthy elite. The "Très Riches Heures" is considered one of the finest examples of this genre.
The "Très Riches Heures" is renowned for its exquisite illustrations, rich colors, and detailed scenes that depict the daily life and activities of the nobility, the changing seasons, and scenes from the Christian calendar.
The manuscript contains a calendar with detailed miniatures for each month, followed by a series of prayers, psalms, and other devotional texts. The miniatures are meticulously painted with remarkable attention to detail, featuring vivid landscapes, intricate architecture, and meticulously rendered figures.
Unfortunately, the "Très Riches Heures" was left unfinished at the time of the Limbourg brothers' deaths in 1416, likely due to the outbreak of the bubonic plague.
The manuscript was later completed by other artists in the early 15th century, and it is now housed in the Musée Condé in Chantilly, France, where it is considered one of the greatest masterpieces of medieval illumination.
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calculate the euro based return an italian investor would have realized by investing 10000 euro into a $50 american stock on margin with only 40 percent
The euro-based return an Italian investor would have realized by investing 10000 euro into a $50 American stock on margin with only 40 percent is 2400 euros.
To calculate the euro-based return an Italian investor would have realized by investing 10000 euro into a $50 American stock on margin with only 40 percent, we need to follow these steps:
Calculate the initial investment in dollars:
The investor is investing 10000 euros, which we can convert to dollars using the current exchange rate. Assuming an exchange rate of 1 euro = 1.2 dollars, the initial investment in dollars would be 10000 * 1.2 = $12000.
Calculate the amount of margin used:
The investor is investing on margin with only 40 percent, so the amount of margin used would be 60 percent of the initial investment in dollars, which is 0.6 * $12000 = $7200.
Calculate the number of shares bought:
The investor is buying a $50 stock, so the number of shares bought would be $7200 / $50 = 144 shares.
Calculate the return in dollars:
Assuming the stock price increased by 20 percent to $60, the value of the investor's shares would be 144 * $60 = $8640. Since the investor borrowed $4800 on margin, the return in dollars would be ($8640 - $7200) / $7200 = 20 percent.
Calculate the return in euros:
To convert the return in dollars to euros, we need to use the current exchange rate. Assuming the exchange rate is still 1 euro = 1.2 dollars, the return in euros would be 12000 * 0.2 = 2400 euros.
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LaPlace Investment Decisions and Payoffs
Large Gain Small Gain
Gold 1,000 100
Bond 2,500 2,000
Stock 5,000 2,500
Probability Hurwicz Investment Decisions and Payoffs
Large Gain Small Gain
Gold 1000 100
Bond 2500 2000
Stock 5000 2500
Probability Calculate the highest value using these methodologies:
a) LaPlace
b) Hurwicz: α = 0.4
Laplace criterion selects Stock with an expected return of 3750, while the Hurwitz criterion with α = 0.4 also selects Stock with an expected return of 3500.
What investment should be selected using Laplace and Hurwitz criteria with α = 0.4 given the following payoffs: Gold (1000, 100), Bond (2500, 2000), Stock (5000, 2500)?Using the Laplace criterion, we calculate the expected return for each option by taking the simple average of the possible payoffs for each investment and selecting the one with the highest expected return.
For Gold: (1000 + 100) / 2 = 550
For Bond: (2500 + 2000) / 2 = 2250
For Stock: (5000 + 2500) / 2 = 3750
Therefore, based on the Laplace criterion, we should select Stock, as it has the highest expected return of 3750.
b) Using the Hurwitz criterion with alpha (α) = 0.4, we calculate the weighted average of the best and worst possible outcomes for each option, where the weight given to the best outcome is α and the weight given to the worst outcome is 1 - α. We then select the option with the highest expected return.
For Gold:
Best outcome: 1000
Worst outcome: 100
Expected return: (α x 1000) + ((1-α) x 100) = (0.4 x 1000) + (0.6 x 100) = 460
For Bond:
Best outcome: 2500
Worst outcome: 2000
Expected return: (α x 2500) + ((1-α) x 2000) = (0.4 x 2500) + (0.6 x 2000) = 2200
For Stock:
Best outcome: 5000
Worst outcome: 2500
Expected return: (α x 5000) + ((1-α) x 2500) = (0.4 x 5000) + (0.6 x 2500) = 3500
Therefore, based on the Hurwitz criterion with α = 0.4, we should select Stock as it has the highest expected return of 3500.
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When you're finished using your Go ogle account, what should you do to help keep your information secure?
A. Reset your password.
B. Create a new username.
C. Send an e-mail.
D. Sign out.
Answer:
this is a very st upid question but i would say its D
Explanation:
A does make sense somehow but i dont think you would reset your password everytime you using go ogle
i dont know why B should help at all
C makes no sense at all
When you're finished using your Go-ogle account, you should always sign out to keep your information secure. Thus, option 'D' is the correct option.
How to keep your Go-ogle account safe?Go-ogle uses the strictest security measures to protect your personal data. The Advanced Protection Program protects individuals with sensitive information and high visibility from deliberate online assaults. Chrome's Safe Browsing shields 4 billion devices from dangerous websites, while Advanced Protection does even more thorough checks before each download. It alerts you to potentially hazardous files and may even stop you from downloading them.
Installations of apps are only permitted from trusted shops, such as the app store run by the company that makes your device. You are frequently prompted to grant access to your Go=ogle Account data, such as your contacts, location, or Drive, when you join up for new apps or services. Go=ogle Accounts have built-in security features that verify more than 1 billion stored passwords daily for breaches.
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of all leadership variables, _____ leadership is the one most universally endorsed across cultures.
Answer:
transformational
Explanation:
Suppose you are the manager of a watchmaking firm operating in a competitive market. Your cost of production is given by C=500+2q 2 where q is the level of output and C is total cost. (The marginal cost of production, MC(q), is 4q; the fixed cost, FC, is $500), If the price of a watch is $100, how many watches should you produce to maximize profits? You should produce Watches. (Enter your response as an integer. ) What will the profit level be? Profit will be $ (Enter your response rounded to two decimal places. ) At what minimum price will the firm produce a positive output? In the short run, the firm will produce if price is greater than $ per watch. (Enter your response as an integer. )
One should produce 25 watches to maximize profits. The profit level will be $750. The firm will produce a positive output if the price is greater than $50 per watch.
As the manager of a watchmaking firm operating in a competitive market, you want to determine the level of output that will maximize your profits. To do this, you need to consider the cost of production and the price of the watch.
The cost of production is given by the equation
C = 500 + 2q²,
where q is the level of output and C is the total cost. The marginal cost of production, MC(q), is 4q, and the fixed cost, FC, is $500.
To maximize profits, you need to find the level of output where marginal cost equals the price of the watch. In this case, the price of the watch is $100. So, we set MC(q) equal to 100 and solve for q:
4q = 100
q = 25
Therefore, you should produce 25 watches to maximize profits.
To calculate the profit level, we need to subtract the total cost from the total revenue. The total revenue is given by the equation R = p*q,
where p is the price of the watch. In this case, p = $100.
Profit = Total Revenue - Total Cost
Profit = p*q - C
Profit = 100*25 - (500 + 2*(25²))
Profit = 2500 - (500 + 2*625)
Profit = 2500 - (500 + 1250)
Profit = 2500 - 1750
Profit = $750
Therefore, the profit level will be $750.
In the short run, the firm will produce a positive output if the price is greater than the average variable cost (AVC) per watch. The average variable cost per watch is calculated by dividing the variable cost (VC) by the level of output (q). In this case, VC = 2q² and q = 25.
AVC = VC / q
AVC = (2*25²) / 25
AVC = 2*25
AVC = $50
Therefore, the firm will produce a positive output if the price is greater than $50 per watch.
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Economies of scale work best in a company that makes large quantities of goods using processes are called:_________
Technical economies of scale. Technical economies of scale are a kind of inside economy of scale. ...
Purchasing economies of scale. Purchasing economies of scale, additionally known as buying economies of scale, are a kind of inside economic system of scale. ...
Financial economies of scale.
What are the economies of giant scale production?When more devices of a top or carrier can be produced on a larger scale, but with (on average) fewer enter costs, economies of scale are said to be achieved. Alternatively, this capacity that as a organization grows and production units increase, a employer will have a better hazard to decrease its costs.
What are the three sorts of economies?There are three principal sorts of monetary systems: command, market, and mixed.
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