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yanalaym [24]
3 years ago
6

In the market for gasoline, if the change in demand due to the start of the summer driving season is greater than the change in

supply due to disruptions in the refinery operations in the Gulf, then the equilibrium quantity will increase. T/F
Business
1 answer:
KiRa [710]3 years ago
6 0

Answer:true

Explanation: if people buy less gas than there will be more gas.

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Firdavs [7]

Television or radio ad

6 0
3 years ago
For many years China relied on central planning but is currently moving away from a central market to a free market based econom
DanielleElmas [232]

The given statement is False.

For many years China relied on central planning but is currently moving away from a central market to a free market based economy. This would mean that China's economy is in a state of Transition. This statement is not necessarily True.

Explanation:

Free market is a market structure in which there is a little or no control of the government on supply and demands of the products or services. The structure of this market depends upon the political or legal rules.

If China moved from the central to the free market, it does not mean that is it in the state of Transition. This is because, it could be the choice of China itself to keep a balance between the command and the free market economies, whatever suit its needs.

Learn more about Transition of Chinese Market at:

brainly.com/question/830955

#LearnWithBrainly

5 0
3 years ago
Luxury items in a budget come from _____. A. an income B. a deficit C. fixed expenses D. savings
Scrat [10]
Luxury items in a budget come from : D. Saving

People tend to buy luxury items after the other crucial needs are met, which means that it will be most likely that the budget came from the income that is intended for saving

hope this helps
3 0
3 years ago
Read 2 more answers
Rockwood International needs to make risky decisions on a daily basis. Therefore, its managers are likely to
gizmo_the_mogwai [7]

Answer:

Centralize decision making

Explanation:

From the question we are informed about Rockwood International who needs to make risky decisions on a daily basis. Therefore, its managers are likely to Centralize decision making.

Centralization can be regarded as setup whereby decision-making powers are been concentrated or given to few leaders that are on top of the organizational structure. Decisions making are been carried out at the top then communicated to lower-level managers so that implementation can take place.

5 0
3 years ago
Which of the following is not a component included in a standard business plan?
Nimfa-mama [501]

A standard business plan will not include an employee summary.

All of the other options are always included in a business plan to assess the feasibility of the venture.

5 0
3 years ago
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