Answer:
Control monopoly power preserve and promote competition.
Explanation:
Antitrust laws are rules that are put in place to ensure equal economic rights in business. This law enforces different types of businesses to follow an orderly and structured form of competition in the market.
Antitrust laws promotes the production of different standard goods at the lowest possible price. This law is put in place to enable consumers choose from different alternatives present in the market.
Antitrust law encourages businesses to cut down their cost and produce more quality products.
Answer:
Answer for the question:
Assume that the hypothetical economy of Molpol has 8 workers in year 1, each working 1,200 hours per year (40 weeks at 30 hours per week). The total input of labor is 9,600 hours. Productivity (average real output per hour of work) is $10 per worker
Instructions: In parts a and b, round your answers to the nearest whole number. In part c, round your answer to 2 decimal places.
a. What is real GDP in Molpol? Suppose work hours rise by 2 percent to 9,792 hours per year and labor productivity rises by 5 percent to $10.5
b. In year 2, what will be Molpol's real GDP?
c. Between year 1 and year 2, what will be Molpol's rate of economic growth? percent
Is given in the attachment.
Explanation:
I think the correct answer from the choices listed above is the last option. A process cost system would be more appropriate for a shampoo manufacturer. <span> A </span>process costing system<span> is used by companies that produce similar or identical units of product in batches employing a consistent process. Hope this answers the question.</span>
Answer:
C. The ability-to-pay principle.
Explanation:
According to my research on different tax methods, I can say that based on the information provided within the question this tax follows the ability-to-pay principle. This principle states that taxes should be levied according to a taxpayer's ability to pay. Since the tax in this situation is being placed on liquor, which is not a necessity, then it can be said that the buyer has the ability to pay the tax.
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