1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DaniilM [7]
1 year 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]1 year 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

You might be interested in
An insurance policyholder must pay a _______________ for each ______________ service, before insurance covers the rest.
dusya [7]

Answer:

D. copayment; insured

Explanation:

When the person takes insurance than the person called as insurance policyholder who is holding his or her own policy so he or she must have to pay the copayment i.e. fixed amount for the service covered prior to receiving the service for each insured service prior to the insurance that covers the rest

Therefore the correct option is D

And, the rest ones are incorrect  

5 0
2 years ago
Onyx Company has prepared a static budget at the beginning of the month. At the end of the month, the following information has
marissa [1.9K]
I think it’s B not sure
8 0
3 years ago
What is the viability and relevancy of insurance products sold to businesses and individuals ?
vfiekz [6]
Businesses good but very hard.
6 0
3 years ago
Erismus is defending against a lawsuit. Erismus's management believes the company has a slightly worse than 50/50 chance of even
OlgaM077 [116]

This amount would have to be recorded as not accrued in the circumstance that he is defending against a lawsuit.

<h3>What is a lawsuit?</h3>

A lawsuit is an action brought by one or more parties in a civil court of law against another party. Only a limited number of laws from long ago that are still in force include the phrase "suit in law."

The most frequent reasons to "sue" an employer are discrimination, harassment, wrongful termination, and workplace injuries, whether accusations are made or a lawsuit is filed directly. More information about each sort of claim is provided below.

Read more on lawsuits here:brainly.com/question/25389760

#SPJ1

required: Indicate the amount Erismus would record as an asset, liability, or not accrued in the following circumstances

Erismus is defending against a lawsuit. Erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000.

4 0
1 year ago
Levi Strauss has some of its jean stone-washed under a contract with independent U.S. Garment Corp. If U.S. Garment's operating
Damm [24]

Answer:

C  $ 57,282.803

Explanation:

We solve for a growing annuity at arithmetic increases of 5,000

(a_1+\frac{d}{r} +d \times n) \times \frac{1-(1+r)^{-time} }{rate} - \frac{d \times n}{r}

a1 = 30,000

d = 5,000

r = 0.10

time = n = 10

(30,000+\frac{5,000}{0.1} +5,000 \times 10) \times \frac{1-(1+0.1)^{-10}}{0.10} - \frac{5,000 \times 10}{0.10}

PV $298,793.72

Now, we calculate the installment of this which is the equivalent uniform annual cost

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 298,793.72

time 10

rate 0.14

298793.723741609 \div \frac{1-(1+0.14)^{-10} }{0.14} = C\\

C  $ 57,282.803

5 0
3 years ago
Other questions:
  • When a periodic inventory system is used a.both revenue and cost of goods sold are recorded each time a sale is made. b.only the
    15·1 answer
  • The process of converting an amount given at the present time into a future value is called
    13·2 answers
  • How is the workplace changing and why is it important to understand work place trends
    14·1 answer
  • What is the name for a client-server model with one server and many clients, such as when an application is used to watch a live
    11·1 answer
  • What is MVP and what does it mean?
    7·1 answer
  • Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs
    5·1 answer
  • Seasonal unemployment is : A. due to the fact that workers must search for appropriate job offers. B. a result of a poor match o
    8·1 answer
  • Your company is producing a phone with a new video feature. You need to review design specifications with the production company
    10·2 answers
  • "?________ the owners of the factors of? production, while? ________ what amounts of those factors to hire."
    10·1 answer
  • Loans requiring periodic payments of interest and principle are referred to as
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!