Question:
Suppose the government has imposed a price ceiling on cellular phones. Which of the following events could transform the price ceiling from one that is binding to one that is not binding? a. Cellular phones become more popular. b. Traditional land line phones become more expensive. C. The components used to produce cellular phones become more expensive. @ A technological advance makes cellular phone production less expensive.
Answer:
.A technological advance makes cellular phone production less expensive.
Explanation:
Government could in consideration of the product's lower production cost, opt to adjust the price ceiling.
What's the rationale behind this?
The decrease in production cost for cellular phones means the industry can afford to produce and sell at lower price(maybe even lower) than the price ceiling. This would mean that businesses in this industry may be charging incredibly high prices compared to cost of production and still not hit price ceiling. Therefore government may need to lower price ceiling to suit current cost of production.
The answer is true. The phenomenon of “daddy stress”—as
Forbes magazine called it in a latest cover story—touches men from the decision-making
office to the rank and file, and while a increasing number of single dads may
feel it most, wedded fathers are hardly resistant.
Answer:
Coercive Power
Explanation:
Coercive control is a manager's ability to compel an employee to obey an order by endangering the employee with retribution if the employee refuses to comply with the order, It is the power holder's right to withhold something from a individual, or punish them for failing to comply with a request.
Coercive influence gives a leader leverage of what's going on in their organisation. It ensures discipline among staff, enforces organizational policies and ensures a harassment-free atmosphere. Coercive power should only be used very sparingly and when there is no other options as there are disadvantages associated with it.
