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Annette [7]
2 years ago
7

Use a well labelled graph to explain why the introduction of maximum prices in the petrol industry will not be an ideal decision

for the country's economy. (8)​
Business
1 answer:
-Dominant- [34]2 years ago
5 0

A country's economy will go on a decline if there is a hyperinflation in the petrol prices.

<h3>What is hyperinflation?</h3>

Extreme increase in prices in a very short span of time is regarded as the condition of hyperinflation. If there is hyperinflation in the petrol prices, its demand will be lowered and people will look for substitutes.

Thus, increase or hyperinflation in the petrol prices will lead to declining of a country's economy and will not serve as a wise decision.

Learn more about hyperinflation here:

brainly.com/question/22313119

#SPJ1

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The common stock of Auto Deliveries sells for $28.16 a share. The stock is expected to pay $1.35 per share next year when the an
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Answer:

Market rate of return is 7.79%

Explanation:

The market rate of return on the stock can be computed using the market price of the stock , which is given below:

share market price =D1/(Expected market return-Dividend growth rate)

share market price is $28.16

D1 is the expected dividend next year which is given by $1.35

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$28.16=$1.35/expected market return-3%

let y be the expected market return

$28.16=$1.35/y-3%

by cross multiplication the equation becomes

$28.16*(y-3%)=$1.35

y-3%=$1.35/$28.16

y=($1.35/$28.16)+3%

y=7.79%

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People are more likely to engage in political behavior in organizations when?
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The correct answer is - when they want to achieve some objectives by influencing others.

The ability to influence plays a vital role in organisational politics when wanting to achieve some personal goals.

Organisational Politics

  • Organisational politics simply refers to the use of influencing capabilities in order to achieve some personal as well as organisation goals and objectives.
  • Generally, people who like power and are good at influence tactics tend to engage in workplace politics and usually engage with like minded people in order to use the limited resources for some goals.
  • Some of the activities include alliance building, negotiating and bargaining etc.

To learn more about politics, visit - brainly.com/question/14132580

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6 0
2 years ago
In 2 or 3 sentences, explain what determines the allocation of resources and distribution of goods in a market economy versus a
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Explanation:

In a market economy, resource allocation is determined by the supply and demand forces. In other words, the allocation of resources is decided using the price  mechanism.

The resource allocation in a planned economy, on the other hand, is determined by a government or a central authority. In other words, the central authority decides the quantity to be produced, the method of production, and the target consumer to whom the production is targeted.

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Answer:

Explanation:

we would be answering this question by presenting the data in a spreadsheet file (which is a computer program that is used for accounting purposes as well as recording of data using columns and rows which information can be entered in such a useful way for decision making, data analyzing and for record keeping.)

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