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Aloiza [94]
3 years ago
15

To what degree can governments control prices or quantities of goods and services exchanged?

Business
1 answer:
gulaghasi [49]3 years ago
5 0
<span>Governments have two main mechanisms for controlling the prices or quantities of goods and services exchanged, subsidies and taxes. Subsidies can be used to manipulate supply by rewarding supplies for producing, or not producing a target good. For internal trade, taxes can be used to manipulate demand by raising the cost of goods sufficiently that the potential pool of willing buyers is reduced. For external trade, tariffs offer similar effects.</span>
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What is legislative ​
kari74 [83]

Answer:

having the power to make laws

Explanation:

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3 years ago
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Which of the following is an example of a sunk​ cost? A. The amount a company pays for labor to produce its product. B. The oppo
Elenna [48]

Answer:

D. The amount a company originally paid for specialized equipment for a plant.

Explanation:

A sunk cost is the expenditure that a company has already incurred and cannot be retrieved or taken back. In other words, a sunk cost can be defined as the expenditure that is already paid and cannot be taken back.

Among the given options, an example of a sunk cost is the amount a company paid for specialized equipment. This is a prepaid amount that cannot be canceled or taken back, resulting in a fixed expenditure and can no longer be recovered.

Thus, the correct answer is option D.

7 0
3 years ago
Amira is managing the development of a reference book. She is in New York. Her lead writer is in California, and her fact-checki
vampirchik [111]

Answer:

Electronic-discussion channel

Explanation:

Since the various arms involved in the development of the reference book are country apart, the best way fro every to communicate is through and electronic channel because it is very cost saving considering the fact that the project is under a tight budget.

An electronic-discussion channel could be through electronic messaging apps or any other channels which gives each party involved the means to contribute at the same time and help communicate the progress or lack of it in the development of the reference book.

cheers.

5 0
3 years ago
1. What is meant by opportunity cost? Give an example. Suppose that you need to take a class at 3PM, but you can also work an ex
Alexxandr [17]

Answer:

Opportunity cost is the forgone benefit that would have been derived by an option not chosen.

Explanation:

Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. Because by definition they are unseen, opportunity costs can be easily overlooked. Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision-making.

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Darina [25.2K]

Answer:

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The franchisor is the owner of the brand, while the franchisee is the one that uses its brand through a franchise contract

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4 years ago
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