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tresset_1 [31]
3 years ago
5

The fictional country of lavoria recently passed legislation outlawing the sale of gasoline at a price higher than $5.00 per gal

lon. such an action is an example of an action that would be most associated with which economic system?
Business
1 answer:
Blababa [14]3 years ago
5 0
<span>In this case, the government and not the free market is what is deciding the cost of the gasoline per gallon. This is an example of a command economy which is characteristic of communist countries.</span>
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When employers use diplomas and degrees to determine who is eligible for jobs, even though the diploma or degree may be irreleva
Maslowich

Answer:

The correct answer here is Credential society.

Explanation:

Randal Collins, who was a sociologist was the first to observe that many of the industrialized nations have become credential societies, which means in such societies employers will hire those individuals who have a degree. Employers here are hiring individuals with degree because they think these individuals have shown consistency, they're more skillful, responsible and posses some specialized knowledge. Employers think individuals with qualities would be more valuable asset than others and they can do work both effectively and efficiently.

3 0
4 years ago
On January 1, Pharoah Company had 87000 shares of $10 par value common stock outstanding. On May 7, the company declared a 5% st
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Based on the information given in the question, the entry to record the transaction of May 24 goes thus:

Debit Stock Dividend = 87000 × 5% × $16 = $69600

Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500

Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100

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3 years ago
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Answer:

the impact of price on consumers' purchasing ability and decisions

- Be sure to include the options next time..

7 0
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