Business, 25.10.2019 03:43 PompousCoyote
Peter lived in the union of soviet socialist republics (ussr). in 1987 , he ran the finest pirozhki shop in leningrad. the ussr was a command economy at the time, so the government mandated a daily production quota of 500 pirozhki. each day, peter would make the allotted pirozhki, close the shop, bring the pirozhki to the local government market, and claim his government wages. the demand for his pirozhki was always greater than his supply, so the 500 pirozhki would sell out within 15 min. which statements are valid reasons why peter did not make more pirozhki to meet demand? valid reasons peter did not make more pirozhki a. peter reached his daily production goal, so he had no incentive to make more pirozhki. b. the government planners did not provide any incentives for peter to produce more than his quota, even if he knew there was demand for them. c. peter would receive a larger wage if he brought more pirozhki than his quota to the government market (i. e., if he brought 2,000 pirozhki). d. peter did not have freedom of enterprise or freedom of choice. e. peter knew that making more pirozhki would result in using part of his wages to upgrade the pirozhki shop facade, as well the equipment f. a command economy system is not focused on maximizing profits.
Answers: 2
Business, 22.06.2019 01:50
Which value describes the desire to be oneβs own boss? a. autonomy b. status c. security d. entrepreneurship
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Business, 22.06.2019 12:50
Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise
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Business, 22.06.2019 21:10
Your family business uses a secret recipe to produce salsa and distributes it through both smaller specialty stores and chain supermarkets. the chain supermarkets have been demanding sizable discounts, but you do not want to drop your prices to the specialty stores. true or false: the robinson-patman act limits your ability to offer discounts to the chain supermarkets while leaving the price high for the smaller stores. true false
Answers: 3
Business, 22.06.2019 21:50
The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.
Answers: 1
Peter lived in the union of soviet socialist republics (ussr). in 1987 , he ran the finest pirozhki...
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