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3 years ago

Why are some industries regulated?

1 answer:

muminat3 years ago

5 0

Uk us GOVERNMENT, LAW. a type of business that is controlled by government rules: This applies to workers in regulated industries, such as teaching or financial services. The nuclear industry is the most highly regulated industry in the world.

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If a business has a negative cash flow, the revenue must be _____ operating expenses.

Vlad [161]

<h3>Answer :</h3>

(If a business has a negative cash flow, the revenue must be less than operating expenses.)

7 0

2 years ago

The elasticity of demand for a product is likely to be greater Group of answer choices if the product is an imported good rather

Lapatulllka [165]

Answer:

the larger the number of substitute products available.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

for a good with many substitutes, if the price of the good increases, consumers can easily shift to the consumption of substitutes. so, the change in price leads to a greater change in quantity demanded.

7 0

3 years ago

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and

Trava [24]

Answer:

37.9%, lower

Explanation:

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000. The share of income received by the highest quintile of this income distribution is <u>37.9%</u>, which is <u>lower</u> than that for the highest quintile of the U.S. income distribution in 2005.

8 0

3 years ago

What is business of business

Pepsi [2]

Answer:

just a business

Explanation:

cuz business can help you in the future...

3 0

2 years ago

Harms Shoe Company applies manufacturing overhead based on direct labor hours as the allocation volume. Information concerning m

andriy [413]

Answer:

Allocated overhead for july $227.20

Explanation:

Given data:

direct labor hours is 6100 hr

wages of labor is $14.20/hr

manufacturing overhead is $277,184

duration of labor is 5 hr

overhead allocation rate is given as

allocation rate = manufacturing overhead/ direct labor hour

allocation rate $= \frac{277184}{6100} = $45.44$ / direct labor hr

Allocated overhead for july $= 5\times 45.44 =\$ 227.20$

6 0

3 years ago