Based on the diagram, what is the difference in how economic decisions are made in a mixed economy and a market economy? E.1.2
How Economic Decisions are Made
By the Government,
command
economy
By the Consumers
mixed
economy
market.
economy
O Consumers make all economic decisions in a mixed economy, while the government makes all economic decisions in a market economy.
Government and consumers make economic decisions in a mixed economy, while consumers make economic decisions in a market economy.
Government makes all economic decisions in a mixed economy, while consumers make all economic decisions in a market economy.
O Consumers make economic decisions in a mixed economy, while consumers and government make economic decisions in a market economy.

Answers

Answer 1

Based on the diagram, the correct statement is: Government and consumers make economic decisions in a mixed economy, while consumers make economic decisions in a market economy.

How do we explain?

In a mixed economy, economic decisions are made by both the government and consumers.

The government plays a significant role in regulating and influencing economic activities through policies, regulations, and interventions.

In market economy, economic decisions are primarily made by consumers. The market forces of supply and demand dictate the allocation of resources, production levels, and pricing.

The freedom to buy and sell whatever they choose is what ultimately determines how commodities and services are produced and distributed.

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Based On The Diagram, What Is The Difference In How Economic Decisions Are Made In A Mixed Economy And

Related Questions

A bucket of water with total mass 23 kg is attached to a rope, which in turn is wound around a 0.050-m radius cylinder, with crank, at the top of a well. The moment of inertia of the cylinder and crank is 0.15 kg×m2. The bucket is raised to the top of the well and released to fall back into the well. What is the kinetic energy of the cylinder and crank at the instant the bucket is moving with a speed of 5.0 m/s?

Answers

The kinetic energy of the cylinder and crank at the moment when the bucket is moving with a velocity of 5.0 m/s can be determined by making use of the law of conservation of energy. The law states that the total energy of a closed system remains constant provided that no energy is lost to the surroundings, and this law is applicable for the present scenario since the system consists of the bucket, rope, cylinder, and crank.

According to this law, the initial potential energy (PEi) of the bucket when it is raised to the top of the well is equal to the final kinetic energy (KEf) of the cylinder and crank when the bucket is moving with a velocity of 5.0 m/s.

The PEi of the bucket can be expressed mathematically as follows:PEi = mgh, where m is the mass of the bucket, g is the acceleration due to gravity, and h is the height of the well. Given that the total mass of the water in the bucket is 23 kg, the mass of the bucket can be assumed to be negligible, and hence, the mass of the system is considered to be 23 kg. The height of the well is not given in the problem statement, and hence, it can be assumed to be a variable that is represented by h. Therefore, the initial potential energy of the bucket can be expressed as follows:PEi = (23 kg)(9.81 m/s2)hPEi = 225.63h JOn the other hand, the final kinetic energy of the cylinder and crank can be expressed mathematically as follows:KEf = 1/2 Iω2, where I is the moment of inertia of the cylinder and crank, and ω is the angular velocity of the cylinder and crank. The moment of inertia of the cylinder and crank is given as 0.15 kg·m2, and the radius of the cylinder is given as 0.050 m. The angular velocity can be determined by making use of the equation:ω = v/r, where v is the linear velocity of the bucket when it is moving with a velocity of 5.0 m/s. Since the rope is wound around the cylinder, the linear velocity of the bucket is equal to the linear velocity of the cylinder and crank. Therefore, the angular velocity can be expressed as follows:ω = v/rω = (5.0 m/s)/(0.050 m)ω = 100 rad/sSubstituting the values of I, ω, and solving for KEf, the final kinetic energy of the cylinder and crank can be obtained as follows:KEf = 1/2 Iω2KEf = 1/2 (0.15 kg·m2)(100 rad/s)2KEf = 750 JTherefore, the kinetic energy of the cylinder and crank at the instant the bucket is moving with a speed of 5.0 m/s is 750 J.

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A paper clip is pushed horizontally off of a table with speed 1.5 m/s. If the table has a height of 1.1 m, how far from the table does the paper clip land?

Answers

The paper clip lands approximately 0.707 meters away from the table.

The distance from the table where the paper clip lands, we can use the principles of projectile motion.

Since the paper clip is pushed horizontally, its initial vertical velocity is zero.

We can use the equation for the vertical displacement of an object in free fall:

[tex]h = (\frac{1}{2}) \times g \times t^2[/tex]

where h is the vertical displacement (1.1 m), g is the acceleration due to gravity (approximately 9.8 m/s^2), and t is the time of flight.

We can solve this equation for t:

[tex]t = \frac{\sqrt{2\times h} }{g}[/tex]

Substituting the given values:

[tex]t = \sqrt({\frac{(2 \times 1.1 m) }{9.8 m/s^2} } )[/tex]

[tex]t =0.471 s[/tex]

The horizontal distance traveled by the paper clip can be found using the equation:

[tex]d = v \times t[/tex]

where d is the distance and v is the horizontal velocity (1.5 m/s):

[tex]d = 1.5 m/s \times 0.471 s[/tex]

[tex]d =0.707 m[/tex]

Therefore, the paper clip lands approximately 0.707 meters away from the table.

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A pitcher throws a baseball from the pitcher's mound to home plate in 0.46 s. The
distance is 18.4 m. What was the average speed of the baseball?
a. 40 m/s
b. - 40 m/s
c. 0.03 m/s
d. 8.5 m/s

Answers

The average speed of the baseball is  option  a. 40 m/s .

To calculate the average speed of the baseball, we use the formula:

Average Speed = Distance / Time

Given:

Distance = 18.4 m

Time = 0.46 s

Plugging in the values, we have:

Average Speed = 18.4 m / 0.46 s = 40 m/s

Therefore, the average speed of the baseball is 40 m/s.

Option a, 40 m/s, is the correct answer. This means that the baseball traveled an average distance of 40 meters per second from the pitcher's mound to home plate.

Average speed is a scalar quantity that represents the total distance traveled divided by the total time taken. It gives us an idea of how fast an object is moving on average over a given distance.

In this case, the baseball covered a distance of 18.4 meters in a time of 0.46 seconds. Dividing the distance by the time gives us the average speed of 40 m/s.

It's important to note that average speed is a measure of the overall rate of motion and does not provide information about the direction of motion. Therefore, negative values such as option b (-40 m/s) or extremely small values such as option c (0.03 m/s) are not appropriate in this context.

Option d (8.5 m/s) is also incorrect as it does not match the calculated average speed of 40 m/s.

Therefore, the correct answer is option a, 40 m/s, as it accurately represents the average speed of the baseball.

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The half-life of a radioactive isotope is 210 d. How many days would it take for the decay rate of a sample of this isotope to fall to 0.58 of its initial rate?

Answers

It would take approximately 546 days for the decay rate of the sample of this radioactive isotope to fall to 0.58 of its initial rate.

1. The decay rate of a radioactive isotope is proportional to the number of radioactive atoms present in the sample at any given time.

2. The decay rate can be expressed as a function of time using the formula: R(t) = R₀ * [tex]e^{(-\lambda t[/tex]), where R(t) is the decay rate at time t, R₀ is the initial decay rate, λ is the decay constant, and e is the base of the natural logarithm.

3. The half-life of a radioactive isotope is the time it takes for half of the radioactive atoms in a sample to decay. In this case, the half-life is given as 210 days.

4. Using the half-life, we can find the decay constant (λ) using the formula: λ = ln(2) / T₁/₂, where ln(2) is the natural logarithm of 2 and T₁/₂ is the half-life.

5. Substituting the given half-life into the formula, we have: λ = ln(2) / 210.

6. Now, we need to find the time it takes for the decay rate to fall to 0.58 of its initial rate. Let's call this time "t".

7. Using the formula for the decay rate, we can write: 0.58 * R₀ = R₀ * e^(-λt).

8. Simplifying the equation, we get: 0.58 = [tex]e^{(-\lambda t[/tex]).

9. Taking the natural logarithm of both sides, we have: ln(0.58) = -λt.

10. Substituting the value of λ from step 5, we get: ln(0.58) = -(ln(2) / 210) * t.

11. Solving for t, we have: t = (ln(0.58) * 210) / ln(2).

12. Evaluating the expression, we find: t ≈ 546.

13. Therefore, it would take approximately 546 days for the decay rate of the sample of this radioactive isotope to fall to 0.58 of its initial rate.

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A figure skater glides along a circular path of radius 3.93 m. (a) If she coasts around one half of the circle, find the magnitude of the displacement vector. (b) If she coasts around one half of the circle, find what distance she skated. (c) What is the magnitude of the displacement if she skates all the way around the circle?

Answers

The magnitude of the displacement vector refers to the length or amount of the displacement vector. Displacement is the change in position of an object. Displacement is a vector quantity, which means it has both magnitude and direction. In this question, a figure skater is gliding along a circular path of radius 3.93 m.

If she coasts around one half of the circle, we have to find the magnitude of the displacement vector. The figure skater is gliding along a circular path of radius 3.93 m. If she coasts around one half of the circle, then her final and initial position is on the same point. Therefore, the magnitude of the displacement vector is zero. Distance Skated Distance refers to the length covered by an object or an individual. In this question, the figure skater is gliding along a circular path of radius 3.93 m. If she coasts around one half of the circle, we have to find what distance she skated. The distance covered by an object or individual is determined by the formula:Distance = Circumference/2Given that the radius of the circle is 3.93 m, then:Circumference of the circle = 2πr= 2 × 3.14 × 3.93= 24.7 m.Therefore, the distance covered by the figure skater around half of the circle = 24.7 m/2 = 12.35 m. Therefore, she skated 12.35 m.Magnitude of DisplacementIf the figure skater skates all the way around the circle, then she covers the entire circumference of the circle. Therefore, the magnitude of the displacement vector is the same as the circumference of the circle, which is given as:Circumference of the circle = 2πr= 2 × 3.14 × 3.93= 24.7 mTherefore, the magnitude of the displacement vector when the figure skater skates all the way around the circle is 24.7 m.

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24. A body A rests on a smooth horizontal table. Two bodies of mass 2 kg and 10 kg hanging freely, are attached to A by strings which pass over smooth pulleys at the edges of the table. The two strings are taut. When the system is released from rest, it accelerates at 2 m/s2 . Find the mass of A.

Answers

The two strings are taut. When the system is released from rest, it accelerates at 2 m/s2 then, Mass of A = 8m/5 kg.

Let the mass of the body A be ‘m’.

The two strings are taut so they exert a tension ‘T’ on body A.

Let ‘a’ be the acceleration produced in the system.

The free body diagram of body A is given below: mA + 2T = mA + ma = mA + m(2)mA + 10T = mA + ma = mA + m(2)

As the two strings are taut, we can say that tension in both strings is equal.

Therefore 2T = 10T or T = 5T As the body A is resting on a smooth horizontal table, there is no friction force acting on the body A.

The net force acting on body A is the force due to tension in the strings. ma = 2T – mg …(1)

As per the given problem, the system is released from rest.

Hence the initial velocity is zero.

Also, we are given that the system accelerates at 2 m/s2.

Therefore a = 2 m/s2 …(2)

From the equations (1) and (2), we get, m(2) = 2T – mg …(3)⇒ m(2) = 2×5m – mg⇒ 2m = 10m – g⇒ g = 8m/5

Thus, the mass of A is 8m/5 kg.

Answer: Mass of A = 8m/5 kg.

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24. A body A rests on a smooth horizontal table. Two bodies of mass 2 kg and 10 kg hanging freely, are attached to A by strings which pass over smooth pulleys at the edges of the table. The two strings are taut. When the system is released from rest, it accelerates at 2 m/s2 . Find the mass of A.

Answers

When the system is released from rest, it accelerates at 2 m/s2  then the mass of A is 0.8 kg.

Let the acceleration of the system be a.

The system has three masses: A, 2 kg and 10 kg.

The body A is kept on a horizontal surface, thus the force acting on it due to the tension in the strings is zero.

Hence, the tension in the string T is only due to the weight of the two masses, i.e., 2 kg and 10 kg.

Thus, we can write T = (2+10)g. (g=acceleration due to gravity)

The forces acting on the masses 2 kg and 10 kg can be represented as shown in the following diagram.

Force diagrams representing masses of 2 kg and 10 kg.

The acceleration a is common to all the masses.

Thus, for the mass 2 kg, we have ma = T - 2g.

Similarly, for the mass 10 kg, we have, 10a = 10g - T.

Substituting the value of T in the above equation, we get 10a = 10g - 12g = -2g.

Thus, we have, a = -0.2g.

Substituting the value of a in the first equation, we get 2g - T = 2(0.2g) = 0.4g.

Substituting the value of T, we get, 12g - (2+10)g = 0.4g.

Solving this equation, we get, the mass of A = 0.8 kg.

Hence, the mass of A is 0.8 kg.

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Common Misconceptions about the Consumer Price Index [CPI]: Questions and
Answers
When the cost of food rises, does the CPI assume that consumers switch to less
desired foods, such as substituting hamburger for steak?
No. In January 1999, the BLS [Bureau of Labor Statistics] began using a geometric
mean formula in the CPI that reflects the fact that consumers shift their purchases
toward products that have fallen in relative price.... The CPI's objective is to calculate
the change in the amount consumers need to spend to maintain a constant level of
satisfaction.... The BLS is not assuming that consumers substitute hamburgers for
steak... Furthermore, the CPI doesn't implicitly assume that consumers always
substitute toward the less desirable good. Within the beef steaks item category, for
example, the assumption is that consumers on average would move up from flank
steak to filet mignon if the price of flank steak rose by a greater amount (or fell by less)
than filet mignon prices.
"Consumer Price Index," U.S. Bureau of Labor Statistics
Based on the text, how does the Consumer Price Index vary over the course of a
business cycle? E.2.1
O It changes according to the number of goods produced by a business.
O It changes according to availability of items, depending upon which items are priced the highest.
O It changes according to the desires of the consumers and access to lower-priced goods.
() It changes according to availability of ponds in the market hased on consumer needs

Answers

Consumer Price Index vary over the course of a business cycle It changes according to the desires of the consumers and access to lower-priced goods.

Based on the provided text, the Consumer Price Index (CPI) changes according to the desires of the consumers and access to lower-priced goods. The text mentions that consumers shift their purchases toward products that have fallen in relative price. The objective of the CPI is to calculate the change in the amount consumers need to spend to maintain a constant level of satisfaction.

The passage specifically states that the CPI does not assume that consumers substitute less desirable goods for more expensive ones. Instead, it acknowledges that consumers may move up within a category if the price of a lower-priced item rises more than that of a higher-priced item.

For example, within the beef steaks category, consumers are assumed to move up from flank steak to filet mignon if the price of flank steak rises by a greater amount or falls by less than filet mignon prices.

Therefore, the CPI takes into account consumer preferences and the availability of lower-priced goods. It reflects changes in prices and consumer behavior over the course of a business cycle, considering how consumers adjust their purchasing decisions based on price fluctuations and their desire for maintaining a constant level of satisfaction.

In summary, the CPI varies over the course of a business cycle based on consumer desires and access to lower-priced goods, rather than the availability of goods produced by businesses or the availability of specific items priced the highest.

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the fastest tennis service by a man is 246,2 km.hr-1 by Andy Roddick of the United States of America during a match in London in 2004. Calculate the ball's momentum if it has a mass of 58 g?

Answers

Answer:

Approximately [tex]3.967\; {\rm kg\cdot m\cdot s^{-1}}[/tex].

Explanation:

Convert velocity to the standard units (meters per second):

[tex]\begin{aligned}v &= 246.2 \; {\rm km \cdot h^{-1}} \\ &= 246.2 \; {\rm km \cdot h^{-1}}\times \frac{1\; {\rm h}}{3600\; {\rm s}} \times \frac{1000\; {\rm m}}{1\; {\rm km}} \\ &\approx 68.389\; {\rm m\cdot s^{-1}}\end{aligned}[/tex].

Convert mass to standard units (kilograms):

[tex]\begin{aligned} m &= 58\; {\rm g} \\ &= 58\; {\rm g} \times\frac{1\; {\rm kg}}{1000\; {\rm g}}\\ &= 0.058\; {\rm kg}\end{aligned}[/tex].

When an object of mass [tex]m[/tex] travels at a velocity of [tex]v[/tex], momentum of that object would be [tex]p = m\, v[/tex]. In standard units, the momentum of this tennis ball would be:

[tex]\begin{aligned}p &= m\, v \\ &\approx (0.058\; {\rm kg})\, (68.389\; {\rm m\cdot s^{-1}}) \\ &\approx 3.967\; {\rm kg \cdot m\cdot s^{-1}}\end{aligned}[/tex].

(a) Express the following in their respective units
12nm to pm​

Answers

Answer:

To convert nanometers (nm) to picometers (pm), you need to multiply the value by 1,000. Therefore, to convert 12 nanometers to picometers, you would perform the following calculation:

12 nm * 1,000 pm/nm = 12,000 pm

So, 12 nanometers is equal to 12,000 picometers.

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