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olga_2 [115]
3 years ago
7

Why does even a free market economy need some government intervention?(economics)

Business
2 answers:
BartSMP [9]3 years ago
8 0

The government tries to combat market inequities through regulation, taxation, and subsidies. Governments may also intervene in markets to promote general economic fairness. ... Governments may sometimes intervene in markets to promote other goals, such as national unity and advancement.

jeka57 [31]3 years ago
5 0

Answer:

To combat unfair market practices

Explanation:

In a free market economy the prices of goods and services are been controlled the factors of demand and supply.and also customers and supplier have a role to play in determining the prices. in a free market economy the Government has very little control over it.

Government intervention is needed at times to curb unfair market practices that could be portrayed by the supplier/sellers in the open market for their selfish gains.  in the open market the suppliers might hoard commodities in other to create artificial scarcity with the aim of driving prices higher than they should be . hence Government can common by imposing increased sanctions on such  suppliers so such practice will be discouraged.

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Daryl is the founder of a successful smartphone application. He is detail oriented and has high expectations of his employees. He rewards them with bonuses for a job well done but employees do not know him well. Daryl is a Transactional Leader.

Transactional Leader is a leader who rewards his employees for a job well done as well as punish them for a job bad done. There is a distance between the leader and the employees. Leader helps their employees in doing good work and also rewards them when they do good, but they have a formal distance and relationship with each other. He expects high from his employees. That is why he rewards them or punish them as well.

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What part of a check is the least important
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The memo line is the least important part.
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The controller of Crane Industries has collected the following monthly expense data for use in analyzing the cost behavior of ma
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Answer:

Variable cost per unit= $6.6 per unit

Explanation:

Giving the following information:

January: $2,880 330

February: $3,180 380

March: $3,780 530

April: $4,680 660

May: $3,380 530

June: $5,520 730

To calculate the unitary variable cost, we need to use the following formula:

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Variable cost per unit= (5,520 - 2,880) / (730 - 330)= $6.6 per unit

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a. semi-autonomous

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In the given instance also Devon thinks that her colleagues or coworkers are somewhere between the two categories, that is up to a certain extent they are really independent in their views. While on the other hand, at some situations their views depend on the things like views of coworkers.

Thus, using the term that the coworkers are semi autonomous is correct as to the concern they can exercise their own powers in half way.

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