Although the United States comes close to being a capitalist economy, it is considered a mixed economy because there is some government intervention
Indicate whether the statement is true or false
TRUE
Explanation: Capitalism is an economic system that allows freedom of choice for both buyers and sellers and encourages private ownership of resources. However, the United States is a mixed economy because its government does collect and distribute some resources under certain circumstances.
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Write a brief summary and discuss why cost allocation is important to a manager. Discuss some of the challenges that managers face when they allocate costs and discuss those factors that affect the direct/indirect cost classification. Be specific
What will be an ideal response?