What is one reasons why mixed economies exist?

Question 2 options:

Communism allowed free purchasing of all goods.

Mixed economics place some limits for the safety of society.

Adam Smith felt this was the best model.

Capitalism had too many limits.

Extra Co. uses the direct write-off method of accounting for uncollectible accounts receivable. The entry to write off an account that has been determined to be uncollectible would be to a.

Suppose you bought a $1,000 face value bond with a coupon rate of 5.6 percent one year ago. The purchase price was $987.50. You sold the bond today for $994.20. If the inflation rate last year was 2.

Due to evaporation during production, Plano Plastics Company requires 2 pounds of material input for every 1 pounds of good plastic sheets manufactured. During May, the company produced 5,500 pounds of good sheets.

The quantity demanded for cars monthly is shown in the table below: Demand for Cars Price (dollars) Quantity of Cars Demanded (thousands of cars) 23,000 600 21,000 620 19,000 640 17,000 660 15,000 680 An increase in income increases the quantity

Miranda works 40 hours a week at a wage rate of $25. Thus, her total weekly income is $1000. On this income, she pays total taxes of $80.00. However, she calculates that on the last hour that she works, she pays $3.75. Her average tax rate is 8%.

How accurately do gdp statistics portray the economy and why?

If you put $200 in a savings account that paid 5.5% simple interest each year, how much interest would you earn in five years?

When aggregate demand meets aggregate supply in the horizontal portion of the aggregate supply curve, a decrease in demand will cause output to fall but no change in prices. a decrease in demand will cause prices to rise but no change in output.

Cannon cannery, inc. estimated its factory overhead at $510,000 for 2008, based on a normal capacity of 100,000 direct manufacturing labor hours.

Calvin knew his small local hardware store could not compete on price with the big-box discounters so he began offering classes for new homeowners and found other ways to provide services the bigger stores don't. Calvin's competitive edge is: