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DaniilM [7]
2 years ago
14

why the introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy​

Business
1 answer:
Bess [88]2 years ago
3 0

The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because

a)​ if the maximum price is less than the equilibrium price, then it will cause a shortage in supply.

b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.

<h3>What is Economy?</h3>

An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.

The economy of a country or region is the system by which money, industry, and trade are organized.

Learn more about economy here,

brainly.com/question/18461883

#SPJ1

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(Will mark BRAINLIEST) Can someone explain what exactly this question is asking?:
Mekhanik [1.2K]

The question asks to describes any two methods of searching a job when you actually need for a new job. Also to search jobs you can prefer,

  • Use Online Job Portal,
  • Use Employee Referral  Programs, etc...

<u>Explanation:</u>

Before you start chasing for a new position you've set aside some effort to clean your resume, take a stab at scanning for openings online by visiting the "Professions" page on different organizations' website pages, perusing different quest for new employment destinations, or experiencing the activity board facilitated by your college. Online occupation sites are regularly called work banks.

They are a decent method to secure current position declarations that meet your criteria. Secure position advertisements on the web, in work banks, on organization sites, at work fairs, and the sky is the limit from there. At that point follow the tips to react to those openings. Address bosses to extend your system and find out about conceivable employment opportunities.

7 0
3 years ago
An example of opportunity cost:
maria [59]

Answer: b. Is the Chinese food that you gave up when you chose to eat Italian food.

Explanation: Opportunity cost refers to the cost of the next best alternative foregone or sacrificed. When an individual chooses to take a certain action, then his opportunity cost of doing that will be the alternatives that he has foregone.

IT can be expresses as,

Opportunity cost = \frac{Units sacrificed}{Units Gained}

When the individual chooses Chinese food when he could have choose to eat Italian food, his opportunity cost will be the Chinese food that you gave up.

For other options there is no information on what was given up.

8 0
3 years ago
In his​ report, Wade described the strengths and weaknesses of each of his subordinates. He made a note of their past performanc
elixir [45]

Answer:

Written essay

Explanation:

Written essay method is an approach of performance appraisal, where appraiser prepare a written statement about the strength and weekness of employee to appraise their performance, these strength and weekness are evaluated on the basis of past performance at the employment. It also suggest solution for performance improvement. It is one of the effective method of performance appraisal, however, it is time consuming.

In the given case, Wade have described strength and weekness of  each subordinates and also suggested technique to improve performance, therefore, wade is using Written essay method of performance appraisal.

6 0
3 years ago
Pizza Express Inc. began the 2016 accounting period with $2,500 cash, $1,400 of common stock, and $1,100 of retained earnings. P
sweet-ann [11.9K]

Answer:

Answer is explained in the explanation section below.

Explanation:

Part A: In part a, we are required to show the effects on the financial statements using horizontal statements model.

For that, we need to tabulate the entries properly. So, it cannot be done be done here in the typing section. So, I m putting it into the attachments. Please refer to the attachment for the part a solution.

Part B:

Reason of the difference:

Cash revenue is $8650 but cash flow amount is $9600

Total operating expense incurred is $3350 but the amount paid only $2700

It will create $650 difference income statement and cash flow.

These activities are reasons for the differences between cash flow from the operating activity and net income.

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3 years ago
Suppose that as the manager of the first national​ bank, you have to make decisions about the appropriate amount of bank capital
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