Bailey Corporation manufactures orange safety suits for road workers. The following information relates to the corporation's purchases and use of material for April: Material purchased 10,000 yards Material used in production 10,000 yards Standard material allowed for suits produced 10,800 yards Its materials quantity variance for April was $6,000 Favorable. What does the company use as a standard price per yard of material for its safety suits

the answer is b. the events might happen and are based on crimes.

-the personal ownership of property

-the influence of consumer demand

explanation:

the command economy prohibits the personal ownership of property.

basically, command economy is defined as the system where a nation’s government is the one that makes all the decisions when it comes to its economy. the government is the one who controls the production of goods and services and regulates the prices and salaries.

therefore, since that the government is the authority, then all kinds of personal ownership of property is prohibited by them.