Compare how goods and services are distributed and the freedom of consumers and producers in command economies and free market economies. your answer should be at least 300 words in length. the passage "an economist named leonard read wrote an essay called "i, pencil" making the extraordinary claim that no one person has the knowledge of how to make something as simple as a single pencil. he went on to prove his point by tracing the origins of all the components of a single pencil and showing how each was the result of complex processes from all over the world. in read's view, the remarkable fact about the pencil, and every other product in the marketplace, is that no one person directs its production or would even know how to, yet pencils are produced cheaply and efficiently every day.

Reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $6 per share; the stock sold for $50 per share just after the dividend was paid. what is the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

Taking commercial paper means the holder acts honestly