Answer: The creation of a government set price for gasoline by ni government.
Explanation:
In 1970 president Nixon inteoduced a soft artificial price ceiling on gasoline in the United States. This was as a result of the OPEC crisis of 1970s. It is a good example of scenerios where the cost of government action outweighs the benefits. this was due to the creation of the government-set price which would cause the quantity demanded to be more than the quantity supplied because gasoline was cheaper now.
Answer:
b. decrease in the stock of capital due to wear and tear.
Explanation:
Depreciation is a reduction in the value of an asset over time, due in particular to wear and tear.
Depreciation is the gradual decrease in the economic value of the capital stock of a firm, nation or other entity, either through physical depreciation, obsolescence or changes in the demand for the services of the capital in question.
The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. ... Machinery, equipment, currency are some examples of assets that are likely to depreciate over a specific period of time.
Answer: Correct answer is D. Overselling
Explanation:
It’ll be annoying. People just want to hear about the product and what it does.
Answer:
Wilson cannot sue Marcy
Explanation:
The contract that existed between Wilson and Marcy was that of delivery of Goods and that has been done by Marcy, hence Marcy is not liable under the contract agreement because he has fully discharged his responsibilities under the contract.
A party can only sue if he is involved in a contract <u>and the other party fails to live up to their end of the contract.</u>
<u> If the goods were stolen in transit Wilson would have had the option of suing for breach of contract.
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Answer and Explanation:
The computation is shown below:
<u>Particulars direct % Equivalent Conversion % Equivalent</u>
<u> material completion units Completion Units</u>
Beginning
WIP 1,020 100% 1,020 1,020 100% 1,020
Units
started 3,700 100% 3,700 3,700 100% 3,700
(7,200 - 3,500)
Ending
WIP 3,500 30% 1,050 3,500 40% 1,400
<u>Equivalent</u>
<u>units 5,770 6,120</u>