When the regulator sets a price that a firm cannot exceed over the next few years, the regulator is enforcing:?

1 answer:

7 0

<span>This is a price cap regulation. Because the firm cannot go over a certain price, the price is said to be capped. Regulations like this prevent firms from overcharging their customers, and promote good business ethics. It may slow the growth of the firm, but the cost comes at the benefit of the customer.</span>

You might be interested in

All new employees must first complete a six-week training program.

sattari [20]

Yes they should because it takes time to learn new things at a new job

5 0

4 years ago

Herzberg concluded from his studies that managers should focus on ____ factors to produce long-term dedication from their employ

GREYUIT [131]

<span>C. Hygiene. If managers want long-term dedication from their employees, they need to focus on the office or job site environment, setting clear policies, assigning challenging work, and acceptable working conditions.</span>

8 0

3 years ago

How were the common people affected by the surplus?

Lana71 [14]

The common people affected by the surplus:

The common people were affected by this surplus by being put into cities rather than their property on the farm. This separated families because the men, women, and children were all working long days at the factories rather than the family dynamic that they had when working on the farm together.

The definition of surplus is something this is in excess of what you need. An example of surplus goods is gadgets you do not need and haven't any use for. An instance of surplus cash is money left over after you have got paid all of your payments.

A budget surplus occurs while government brings in extra from taxation than it spends. finances surpluses aren't always beneficial as they could create deflation and monetary growth. finances surpluses aren't always terrible or right, but extended intervals of surpluses or deficits can cause vast problems.

Army surplus is goods, typically matériel, which can be offered or in any other case disposed of when now not needed by the military. marketers often buy these goods and resell them at surplus shops.

Learn more about the surplus here: brainly.com/question/16177976

#SPJ4

7 0

2 years ago

In perpetual inventory system with process costing, the cost of units sold is recorded by debiting cost of goods sold and credit

Mars2501 [29]

sdafsddsfasdfasdfdsfasfs

3 0

4 years ago

Read 2 more answers

Sandpiper Company reported the following year-end amounts: Beginning Inventory $22,950 Net Cost of Purchases 101,250 Ending Inve

Andrej [43]

Answer:

Closing Inventory = $31050

Explanation:

The cost of goods sold is the cost of the inventory that the business sells during a period of time. The cost of goods sold is calculated as follows,

Cost of Goods Sold = Opening Inventory + Purchases - Closing Inventory

As we already have the values for Opening inventory, net cost of purchases and the cost of goods sold, we can input these values in the above formula to calculate the cost of closing inventory.

93150 = 22950 + 101250 - Closing Inventory

93150 = 124200 - Closing Inventory

Closing Inventory = 124200 - 93150

Closing Inventory = $31050

8 0

4 years ago