In a centrally planned economy
a) consumers do not have to consider prices when shopping.
b) prices are zero.
c) the government sets prices and decides how much of each good is to be produced.
d) producers have an incentive to produce those goods most desired by consumers at the lowest cost.

Anne is comparing savings accounts. one account has an interest rate of 1.2 percent compounded yearly, and one account has an interest rate of 1.2 percent compounded monthly. which account will earn more money in interest? the account that earns 1.2 percent compounded yearly the account that earns 1.2 percent compounded monthly

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?

Under t, the point (0,2) gets mapped to (3,0). t-1 (x, y) →