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kotykmax [81]
3 years ago
7

"Between 2000 and 2008, the price of oil increased from $30 per barrel to $140 per barrel, and the price of gasoline in the Unit

ed States rose from about $1.50 per gallon to over $4.00 per gallon. Unlike in the 1970s when oil prices spiked, there were no long lines outside gas stations. Why?'

Business
1 answer:
KiRa [710]3 years ago
3 0

Answer:

C) There was no price control on gasoline at the time.

Explanation:

During the 1970s the US government established a price ceiling on gasoline, but as all price ceilings set below the equilibrium price, it results in both a deadweight loss and a supply shortage.

Since the price is "too cheap", then the quantity demanded will be more than the quantity supplied. Rising costs in gasoline production made things worst, since suppliers were constantly reducing their supply of gasoline, while consumer demand was constantly increasing.

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After nearly 20 years with his company, Mike's job was outsourced. He wants his new job to offer not only a good wage but also j
Sedbober [7]

Answer:

a. intrinsic rewards

Explanation:

Intrinsic rewards at the workplace are those that meet personal, internal needs. These intrisic rewards can be summed up in job satisfaction and sense of accomplishment, but what makes a job satisfying, and what makes a worker feel accomplished is subjective, and varies from person to person.

Mike is focusing on the intrinsic rewards of his new job because he is giving more importance to this subjective aspects explained above than to external factors such as status, or wage.

8 0
3 years ago
Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders an
nasty-shy [4]

Answer:

D. expropriation.

Explanation:

Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders and managers come from many different nations. If some of the nations where it operates decided to take over the assets of the company, this act would constitute an <u>expropriation.</u>

Expropriation: It is an act of government for taking private property against the will of the owner for the benefit of the overall public by building roads, highways, flyovers, airports, etc. The owner is just compensated as per government policy. This is an act of getting Expropriated. In legal terms, it is an exercise of eminent domain power.    

4 0
3 years ago
A local club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distribu
Ierofanga [76]

Answer:

.60

Explanation:

8 0
3 years ago
Use the following information to answer the next two questions: A company had the following transactions during September, the f
horsena [70]

Answer: 326,500

I’m not 100% sure why,but I had the same question on an assignment and that was the answer.

4 0
2 years ago
to answer this question. In week 1 the inventory manager discovers, much to his horror, that instead of 65 tacos in inventory, t
rodikova [14]

Answer:

D.110

Explanation:

They had 6.5 instead of 65.

Number of production shortage

65/6.5=10

Now this is equal to 10 × 10 + 10

=110

8 0
3 years ago
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