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2 years ago

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

1 answer:

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,

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Bond portfolio immunization techniques balance ________ and ________ risk. price; reinvestment price; liquidity credit; reinvest

noname [10]

Answer:

The correct option is (A) price; reinvestment

Explanation:

The bond immunizatio refers to a strategy i.e. related to the investment that used for lowering the rate of interest and the risk of the bond via adjusting the time period of the portfolio for matching out with the investor time period of the investment.

In the case when there is a fall in the rate of interest so the immunzation would defines the appreciation of the price that compensatin the risk reinvestment

Hence, the correct option is (A) price; reinvestment

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3 years ago

Provo, Inc., had revenues of $10 million, cash operating expenses of $5 million, and depreciation and amortization of $1 million

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Provo's free cash flow for 2008 is $2,600,000

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Operating expenses - $5,000,000

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Net Income $2,400,000

Depreciation +$1,000,000

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Free cash flow = Operating Cash flow - Purchase of equipment - Increase in Inventory

Free cash flow = $3,400,000 - $500,000 - $300,000

Free cash flow = $2,600,000

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3 years ago

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3 years ago

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3 years ago

An adjusting entry was made on year-end December 31 to accrue salary expense of $1,500. Assuming the company does not prepare re

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Answer and Explanation:

The Journal entries are shown below:-

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To Salary Payable $1,500

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Salary Payable Dr, $1,500

To Cash $3,600

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Here we debited the salary expenses and salary payable as it increased the expenses and decreased the liabilities and we credited cash as it reduced the assets

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3 years ago

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

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