Employee buy-in more readily occurs when employees are informed of the change and are educated on the reason for the change.
An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for the work by your employer (the person or company that pays your wages).
The definition of employee is someone who works for another person or company for wages or other agreed remuneration. An example of an employee is someone employed by McDonald's who is paid a fixed amount for each hour worked.
Learn more about Employee here:https://brainly.com/question/1190099
#SPJ4
Material requirements plus an allowance for normal inefficiencies are added together to determine the.
Material requirements plus an allowance for normal inefficiencies are added together to determine the Quantity Standard
What are quality standards ?
Quality standards are sets of good management practices, methods, systems, requirements, and/or specifications established by industry advisory groups to help manufacturers achieve and demonstrate consistent production and product quality.
A quality standard is a detail of the requirements, specifications, the various guidelines and characteristics to be able to meet its quality by the product in order to meet the purpose of the product, process or the service. ISO international standards are the most widely accepted set of quality standards adopted by majority of firms across countries. In case if a company fails to meet its quality standards
Advantages of Quality Standards :
Advantages of having quality standards in a manufacturing company are:
1. It helps save costs & improves productivity.
2. Increases customer satisfaction with high quality products & services.
3. Sets minimums standards of quality for processes, products & services.
4. Maintaining quality standards increases safety of workers.
5. Good communication enables smooth flow of operations & avoid mistake repetition.
Learn more about Quality standards:
brainly.com/question/14810127
#SPJ4
What is the difference between fixed cost and variable cost? does each type of cost affect short-run marginal cost? if yes, explain how each affects marginal cost. if no, explain why each does or does not affect marginal cost.
Fixed costs do not affect the marginal cost of production since they do not typically vary with additional units. Variable costs, however, tend to increase with expanded capacity, adding to marginal cost due to the law of diminishing marginal returns.
What is Fixed costs?Fixed costs, also known as indirect costs or overhead costs in accounting and economics, are corporate expenses that are independent of the volume of goods or services generated by the business. They are usually recurrent, such as monthly interest or rent. These expenses are frequently capital expenses.
A fixed expense is essentially a 'necessity.' Tuition, accommodation and board, as well as your car payment (if you have one), car insurance premiums (if you have a car), wireless plan, and internet connection, will be your major fixed expenses in college.
To know more about Fixed costs follow the link:
https://brainly.com/question/2190896
#SPJ4
What other option could the fed pursue—rather than permanently transferring the ownership of securities—to achieve its goal?
The Federal Reserve has also launched some reverse repos, effectively lending money to borrow money from commercial banks, rather than permanently transferring ownership of securities to achieve its objectives.
The Federal Reserve is the central banking system of the United States. On December 23, 1913, the Federal Reserve Act was passed and created after a series of financial panics created a desire to centralize the monetary system to mitigate financial crises.
The US central banking system - the Federal Reserve or Fed - is the most powerful economic institution in the United States and possibly the world. Its core responsibilities include setting interest rates, managing the money supply, and regulating financial markets.
Learn more about Federal Reserve here: https://brainly.com/question/7798250
#SPJ4
If demand for a new model of ford vehicles suddenly doubles, we should expect that:______.
If demand for a new model of ford vehicles suddenly doubles, we should expect that prices will rise.
Demand in economics refers to a consumer's readiness to pay a certain price for products and services as well as their desire to buy them. Demand for a good or service often declines when its price goes up. The amount needed will rise as a product's price drops, in a similar manner. Consumers and companies are quite familiar with the idea of demand since it makes sense and happens organically during the course of almost any day. For instance, when a product's pricing is low, shoppers who are keeping an eye on it will buy more of it. When costs rise, such as with a change in season, consumers may buy less or maybe nothing at all.
Learn more about Demand here:
https://brainly.com/question/14834568
#SPJ4
What does it mean to say that a currency appreciates? depreciates? becomes stronger? becomes weaker?
When a currency appreciates, it means it increased in value relative to another currency; Depreciates means depreciation or depreciation relative to other currencies. It is often said that the dollar is strong when it is bought by equal or greater value in another currency. If the purchase amount is less than the equivalent, it is weak.
An example of a currency would be the US banknotes you have on hand. It is one of the coins issued by the United States, along with pennies, nickels and quarters. Currencies are also banknotes and coins issued by governments of other countries around the world.
Currency is anything of general value as a medium of exchange that can be exchanged for goods and services. The trading system within an economy is based on a currency, usually country-specific and issued by that country's government.
Learn more about currency here:https://brainly.com/question/24373500
#SPJ4
Gdp in the united states was $14,119 billion in 2014 and grew to $14,660.4 billion in 2015. this represents an annual growth rate of:_____.
Gdp in the united states was $14,119 billion in 2014 and grew to $14,660.4 billion in 2015. this represents an annual growth rate of $541.4 billion.
GDPThe usual way to assess the value added produced by the production of goods and services in a nation over a specific time period is the gross domestic product (GDP). As a result, it also accounts for the revenue generated by that production, or the total amount spent on finished goods and services (less imports). While GDP is the single most significant indicator for capturing economic activity, it is insufficient for measuring people's material well-being, for which other metrics may be more adequate. This indicator is based on nominal GDP, which is also known as GDP at current prices or GDP in value. It comes in two separate measurements: US dollars and US dollars per capita (current PPPs).
Gdp in the united states was $14,119 billion in 2014 and grew to $14,660.4 billion in 2015. this represents an annual growth rate of:_____.
Learn more about GDP here:
https://brainly.com/question/15682765
#SPJ4
The weak form of the emh states that ________ must be reflected in the current stock price.
The weak form of the emh states that All past information, including security price and volume data must be reflected in the current stock price.
What is the EMH?The efficient market hypothesis (EMH), sometimes known as the efficient market theory (EMT), is a theory that contends that share prices correctly reflect all information that is currently accessible, rendering continued alpha production unfeasible.
According to the EMH, since stocks always trade on exchanges at their fair value, investors cannot buy them at a discount or sell them at a premium.
The weak version of the EMH states that the stock price must accurately reflect all historical data, including security price and volume data.
The only option for an investor to see larger returns is to invest in riskier assets, therefore it should be difficult to outperform the market as a whole through superior stock picking or market timing.
This means that the current stock price must represent all past information, such as security price and volume data.
To know more about EMH visit:
https://brainly.com/question/7213184
#SPJ4
When different members of an aerospace firm come together to work temporarily on a specific project they are operating in a:________
When different members of an aerospace firm come together to work temporarily on a specific project they are operating in a matrix organization.
What is a matrix organizational structure?
A matrix is a form of organizational structure that combines two or more separate types. By structuring your business this way, you can build up reporting links in a grid or matrix rather than a traditional hierarchy.
What are the characteristics of a matrix organization?
In most cases, employees report to many bosses.Typically, there are two distinct chains of command.The matrix structure is meant to be somewhat ephemeral.Functional managers and project managers are the two different categories of managers.Roles in management are flexible, not static.Learn more about matrix organizational structure: https://brainly.com/question/23554447
#SPJ4
Nora is deaf and works at a busy coffee shop as a barista. her main duties include standing at the drive-thru window, taking customers’ payments, and handing them their beverages. what are two reasonable accommodations that her employer might implement to make it easier for her to successfully do her job?
One accommodation that her employer can implement is that whenever a customer has a question of some sort that another employee is available to take over and answer the question.
Another accommodation that her employer could could simply have a system where they can not only communicate with the customers but also hand them over without any complications.
How do employees communicate with customers?7 Rules for Effective Customer Service CommunicationPersonalize the interaction. ...Avoid negative phrases. ...Use positive language with a touch of empathy. ...Listen closely and avoid interrupting the customer. ...Use consistent brand vocabulary. ...Give thorough answers to technical questions. ...Make communication clear and concise.What is effective communication in the workplace?Exchanging information and ideas within an organization is called workplace communication. However, effective communication occurs when a message is sent and received accurately. In every aspect of life (both professional and personal), effective communication is important to success and happiness.
Learn more about communication here:
https://brainly.com/question/20479271#SPJ4Escalating fuel and escalating ______________ costs continue to have an impact on the trucking industry
Escalating fuel and escalating insurance costs continue to have an impact on the trucking industry.
Impacts of the raised costs:Carriers are forced to raise their pricing in order to cover rising fuel costs, or else they risk losing money. The whole business is impacted by the growing cost of gasoline since the shipper is required to pay more to carry goods if the freight carrier must pay more to do so.Additionally, if the shipper is paid extra for transportation, the recipient will also be charged more to cover the increased costs.Some businesses may start stocking up on more items as a result of the rising expense of transportation, which can cut down on the quantity of transportation required; henceforth, causing inflation for the public.To view numerical based question on the topic of expenditure, refer to:
https://brainly.com/question/25297775
#SPJ4
For quantities occurring before the marginal cost curve and average total cost curve intersect, the average total cost curve will be:_______
The marginal cost curve cuts the average cost curve only at its minimum point because it is only here that MC = AC.
The marginal cost, or price of producing more, is the variation in total cost that results from increasing the quantity produced in economics. It can refer to an increase of one unit of output in some settings and to the rate of change of total cost as output increases by a tiny amount in others.
The marginal cost is the slope of the total cost or the rate at which it rises with output, to be measured in dollars per unit while total cost is shown to be in dollars. The difference between average cost, which is the entire cost divided by the number of units produced, and marginal cost is the latter.
Learn more about marginal cost here:
https://brainly.com/question/14923834
#SPJ4
If the economy is currently producing at point c, what is the opportunity cost of moving to point b? 10 thousand wrenches
The economy is currently producing at point c, 10 Thousand wrenches are the opportunity cost of moving to point b.
At point C. It produces 10 thousand hammers and 40 thousand wrenches. If we move to point B, it will produce 23 thousand hammers and 30 thousand wrenches.
So to produce13 thousand additional hammers, the production of wrenches should be cut by 10 thousand. It is the opportunity cost of producing extra 13 thousand hammers.
Economics is defined as the management of financial matters in communities, businesses, or families. An example of an economy is the US stock exchange system. Careful use of assets, resources, etc. Reduce waste through careful planning and use. economical or frugal use.
Learn more about Economics at
https://brainly.com/question/1106682
#SPJ4
Rogoff co.'s 15-year bonds have an annual coupon rate of 9.5%. each bond has face value of $1,000 and makes semiannual interest payments. if you require an 11% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond?
Maximum sum willing to pay the bond is $891.00.
What is a bond?Bonds are fixed-income securities that reflect loans from investors to borrowers (typically corporate or governmental). A bond can be compared to an agreement outlining the terms of the loan and the associated payments between the lender and borrower. Companies, municipalities, states, and sovereign governments utilize bonds to finance operations and initiatives. Bondholders are the issuer's debtors or creditors.Given, we have :
Face Value = $1,000
Annual Coupon Rate = 9.50%
Time to Maturity = 15 years
yield to maturity = 11%
We know that Semiannual Coupon Rate will be = 4.75% .
So, Semiannual Coupon will be = Semiannual Coupon Rate × Face Value.
Semiannual Coupon = 4.75% × $1,000 = $47.50.
Semiannual Period will be for 15 year = 30
Semiannual yield to maturity will be here YTM = 5.50%
Current Price = Semiannual Coupon × [tex]\frac{1-(\frac{1}{1+r}) ^{t} }{r}[/tex][tex]+ \frac{f ae value}{(1+r)^{t} }[/tex]
Putting the values and solving further, we get:
Current Price = $891.00.
Therefore, Maximum sum willing to pay the bond is $891.00.
Know more about bonds with the help of the given link:
https://brainly.com/question/17405470
#SPJ4
You need to add 65 meq of an electrolyte to a tpn bag. your stock vial contains 8 meq/ml. round to the nearest whole number, to determine how much electrolyte from the stock vial you’ll need?
8m Eq/ml are present in 1 vial. Consequently, 1 m Eq is prese.
A bottle or a vial?A vial, often referred to as a phial or flacon, is a tiny glass or plastic container or bottle that is frequently used to store medications in the form of liquids, powders, or capsules.
What kinds of vials exist?Vials come in a variety of shapes and materials, including glass, plastic, jars, aluminum, and dispenser tubes. Vials come in a variety of forms, including glass, plastic, jars, metal, and dispenser tubes.
What is an illustration of a vial?A vial is an extremely small bottle that typically contains liquids. A vial is a container used in a lab to hold liquid chemicals. a glass container or bottle, especially one with a narrow tube shape used to hold medications, perfumes, or other chemicals.learn more about vial here
https://brainly.com/question/1615370
#SPJ4
Jones company paid monthly rent of $2,000. which special journal should this transaction be recorded in? what columns will be used?
Cash Payments Journal - debit Rent Expenses and credit Cash will be used.
Cash Credit (CC) is a short-term source of funding for your business. In other words, cash advances are short-term loans offered by banks to businesses. It allows businesses to withdraw money from bank accounts without holding balances. Accounts are limited to borrowing only up to the borrowing limit.
Cash Credits are short-term loans approved by banks to meet the working capital needs of businesses, financial institutions and businesses. Borrowing companies can also borrow money without credit, up to existing credit limits.
Learn more about credit Cash here: https://brainly.com/question/1985056
#SPJ4
A business would want to concentrate its production facilities in a centralized location when:______.
A company wants to concentrate its production facilities in one centralized location when it wants to reduce production time, increase quality control, and increase machinery utilization.
What is production in a centralized location?It corresponds to a strategy to increase production efficiency, through faster production, increasing the flow and sharing of production resources, the use of equipment, generating economies of scale and greater production efficiency.
Generally, a production in a centralized location helps to maintain the efficient service of a constant local demand, because the centralization contributes to the optimization of productivity.
Therefore, centralized production increases product quality, market assessment, compliance with legal requirements and cost reduction.
Find out more about centralized production here:
https://brainly.com/question/1023197
#SPJ1
What costs are incurred in developing strategic alliances? how can these costs be managed?
There are various costs incurred by the organizations at the time of strategic alliance are the costs like
Inventory management costs, human resource management cost, processing cost general forecasting and miscommunication costs, product cost, maintainence cost, equipment cost, quality issues and controlling cost etc. costs are incurred.
All of the above given costs are to be effectively managed by both the firms. These costs could be managed by having a detailed budgeting, planning, accurate forecasting and analysis of the environments of the organization.
Knowing it beforehand that what you are going to do in your organization, you can pre plan the requirement of the resources to achieve them accordingly.
By forecasting as well as studying about the organization, you can also have an estimate of the idea regarding how well you are performing or not and thus can take right decision to invest and control the costs to have a good rate of success.
To know more about the strategic alliance here:
https://brainly.com/question/14014533
#SPJ4
From the list that jill made for a shopping trip to the grocery store, she could recall only the items in the beginning and in the end of a list. this is an example of:_______
this is an example of semantic memory
What is semantic memory?Semantic memory refers to general world knowledge collected by humans over the course of their lifetimes. This general knowledge is influenced by experience and culture.
You are using semantic memory when you know what an object is, the name of a color, or the name of the president. Semantic memory is critical for children and students since it allows you to recall the facts that you are learning and being evaluated on.
Semantic memory is conscious long-term memory for the world's meaning, understanding, and conceptual facts. Semantic memory is one of two types of explicit, conscious, long-term memory, which is memory that may be recovered into conscious awareness after a considerable delay (from several seconds to several minutes).
To know more about semantic memory follow the link:
https://brainly.com/question/4167952
#SPJ4
What is the value of a share of common stock using the corporate valuation approach for a company that has outstanding debt and preferred stock?
The firm value divided by the number of shares of common stock. The Common stock is a residual claim on a company's current and future profits. As a result, the shareholders are considered part-owners of a corporation. This does not imply that stockholders can walk into a company's headquarters and claim ownership of certain chairs, desks, or computers.
These are the property of the corporation, which is a legal entity. This residual claim is instead owned by the shareholders. The Investors and dealers can buy and sell common stock through exchanges. The Common stockholders may be eligible to receive dividends.
To learn more about shareholders, click here.
https://brainly.com/question/19162424
#SPJ4
The slope of a demand curve is not used to measure the price elasticity of demand because.
The correct option is C.
The measurement of slope is sensitive to the units chosen for price and quantity.
What Is Meant by Elasticity in Economics?The term "elasticity" refers to a measurement of how responsively a quantity that is required or supplied is to one of its determinants. When a factor, like as price or supply, changes, the demand for a good responds quickly. Conversely, items that are inelastic maintain their demand even when prices increase significantly.
How do we measure elasticity?The calculation for this indicator, also known as cross-price elasticity of demand, involves dividing the percentage change in the amount demanded of one good by the percentage change in its price.
To know more about Demand curve visit:
https://brainly.com/question/14298831
#SPJ4
I understand that the question you are looking for is:
The slope of a demand curve is not used to measure the price elasticity of demand because
A) the slope of a linear demand curve is not constant.
B) the slope of a line cannot have a negative value.
C) the measurement of slope is sensitive to the units chosen for price and quantity.
D) the slope of the demand curve does not tell us how much quantity changes as price changes.
The adjusting entry to record the allowance for doubtful accounts includes a ______. (check all that apply.)
It includes credit to Allowance for Doubtful Accounts
debit to Bad Debt Expense
Adjusting entries are the modifications to the previously recorded journal entries. They specifically ensure that the values you have recorded correspond to the relevant accounting periods. Journal entries show how money flows through the business how it enters, exits, and transfers between accounts.
A bad debts expenditure item is also required to balance the accounts. To do so, debit the Bad Debts Expenditure account to boost the bad debts expense. Then, credit the Allowance for Doubtful Accounts account to reduce your ADA account.
Therefore, the answer is credit allowance for doubtful debts and debit bad debt expenses.
To know more about adjustment entries click here:
https://brainly.com/question/13035559
#SPJ4
What’s the fewest number of participants or any one type (any single profile or persona) you should include in a user-based test?
For really low-overhead projects, the fewest number of participants are 2 users per study and for some other projects, 8 users or sometimes even more might be better.
What is user-based test?User-based testing refers to the testing method that is generally used in the design process to assess or estimate a product or particular UX feature with real users.
User-based testing involves noticing those users who are working or using with your product so that better improvements or innovations can be made in the product based on how they perform.
For example, a refrigerator or electric brand wanted to test the usability of its product, then it would have to test it on a potential customer. In order to understand whether a product is usable or not, the company should pick a potential customer and give her a precise task, that is known as user- based test.
Learn more about user-based test here:-
https://brainly.com/question/14405047
#SPJ1
Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its.
Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its "frequency" is represented by this.
What is the market frequency?The likelihood that a particular consumer will see an advertisement during a marketing campaign is known as frequency. A person is more likely to engage with the advertisement in a meaningful way and to interact with your business on a number of different levels if they are exposed to it more frequently.What is Marketing?Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of a business.Learn more about market frequency here:
https://brainly.com/question/15591335
#SPJ4
When developing new product, which is true of a new-product development strategy?
The new product development strategy should be compatible with the objectives of the marketing department, the business unit, and the corporation.
The conceptualization, design, development, and marketing of newly produced or recently rebranded goods or services are all steps in the process known as product development, sometimes known as new product management.
By meeting a consumer's need, product development aims to cultivate, maintain, and grow a company's market share.
A product's target market must be established early in the product development process because not every product will appeal to every customer or client group. At every stage of the design process, including before the product or service is conceptualized, during the product's development, and after it has been released, quantitative market research should be carried out.
Learn more about product development here:
https://brainly.com/question/16760106
#SPJ4
What function does feedback serve within a system?
a. transforms inputs into outputs simplifies the process assists in purchasing goods helps maintain stability
Feedback assists in maintaining the stability within a system. Feedback occurs when a system's outputs are routed back as the inputs as part of a cause-and-effect chain that forms a circuit or the loop. The system is said to feed back into itself.
Positive feedback occurs when the signal feedback from the output is in phase with the input signal. Negative feedback occurs when the signal feedback has the opposite polarity or is 180 degrees out of phase with respect to the input signal. When it comes to the feedback system, the concept of cause-and-effect must be handled with caution.
To learn more about feedback, click here.
https://brainly.com/question/15574460
#SPJ1
Assume your gross pay per pay period is $2,000 and you are in the 33 percent tax bracket. Calculate your net pay and spendable income if you save $200 per pay period after paying income tax on $2,000. (Do not round intermediate calculations.)
Based on your gross pay per period, and the tax bracket you are in, your net pay would be $1,340. Your spendable income would be $1,140.
What is your net pay?Seeing as you are in the 33 percent tax bracket, you will have a net pay that can be calculated as:
= Gross pay - (Gross pay x Tax rate)
Solving gives:
= 2,000 - (2,000 x 33%)
= 2,000 - 660
= $1,340
This means that the net income you receive after paying your income tax is $1,340.
What is your spendable income?Your spendable income can be found as the net pay your receive less the savings you plan to make.
The spendable income is therefore:
= Net pay - Prospective savings
Solving gives:
= 1,340 - 200
= $1,140
In conclusion, the spendable income is $1,140.
Find out more on income taxes at https://brainly.com/question/26316390
#SPJ1
Question 5 of 10
A cable TV station that is only available to subscribers who pay a fee
broadcasts a performance that some viewers consider obscene. What factor
would help a judge decide how to balance freedom of speech with the public
interest in this case?
A. The location where the performance was filmed
B. The fact that the TV station is owned by a wealthy corporation
C. The fact that the broadcast speech was only available to a limited
audience
D. The idea that the public interest is not affected by obscene
material
Answer:
C: The fact that the broadcast speech was only available to a limited audience
Explanation:
When weighing freedom of expression vs. the public interest, judges must consider how much the public is being impacted and to what extent, measured by the number of persons who are being negatively impacted, in order to override freedom of speech. The Constitution protects freedom of expression, and in some cases, that protection takes precedence over other rights. However, a court may feel that it is appropriate to curb or limit freedom of expression where the affectation is too broad or has the potential to harm other protected rights, based on how the effects impact persons and how many people are affected. Due to the restricted transmission in this instance and the principle that the damage is constrained by the simple fact that these viewers may opt not to watch or just stop paying their subscriptions, the freedom of speech prevails.
Finance and accounting function has a great deal of interface with the operations function except
Finance and accounting function has a great deal of interface with the operations function except finance and accounting can estimate standard cost of a proposed new product and services.
How does finance and operations work together?
Information from the finance department is crucial for a company's ongoing operations. On the other side, the operations division is in charge of monitoring how daily duties are carried out. The operations and finance departments may be combined in some organizations.
What is the role of finance in operation management?
In operations management, finance aids in the creation of a budget that enables the company to achieve its production objectives and can assist in the evaluation of alternative investment options to help the company make the best choice.
What is operation function?
Producing goods and providing services is the responsibility of the operation function. However, it requires help and input from other parts of the company. The paper's objective is to assess the key operations management functions based on global standards.
Learn more about operation function: https://brainly.com/question/8055230
#SPJ4
The incidence of _____ infection is higher during the summer months when warm water favors its growth.
The incidence of Vibrio vulnificus infection is higher during the summer months when warm water favors its growth.
humans can get infected with Vibrio vulnificus when they eat uncooked shellfish, in particular oysters. Given that it's miles clearly found in heat marine waters, people with open wounds may be exposed to Vibrio vulnificus via direct contact with seawater.
Vibrio vulnificus is a species of Gram-negative, motile, curved rod-formed, pathogenic microorganism of the genus Vibrio. present in marine environments consisting of estuaries, brackish ponds, or coastal regions, V. vulnificus is associated with V, cholerae, the causative agent of cholera.
The remedy isn't always vital in moderate instances, but patients ought to drink plenty of drinks to replace fluids lost through diarrhea. Although there may be no proof that antibiotics decrease the severity or duration of illness, they are every now and then used in severe or extended ailments.
Learn more about the Vibrio vulnificus here https://brainly.com/question/4960671
#SPJ4
If the economy decides to impose a tariff, the government can expect to raise how much in government revenue?
If the economy decides to impose a tariff, the government can expect to raise $19,500 in government revenue.
An economy is the area of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
The economy is the system in which goods are produced and exchanged. Without a viable economy, the nation will collapse. There are three main types of economies: free market, command economy, and mixed economy. The chart below compares a free market economy and a planned economy. A mixed economy is a combination of both.
Learn more about economy here:https://brainly.com/question/1106682
#SPJ4
