Answer:
Explanation:
Liberalisation is the process or means of the elimination of control of the state over economic activities. It provides a greater autonomy to the business enterprises in decision-making and eliminates government interference
Answer:
Correct Answer:
only a monopolistically competitive firm operates at its efficient scale.
Explanation:
In a given market, a given organization or firm could operate either in a monpolistically competitive or perfectively competitive at its efficient scale. However, in the long run, only a monopolistically competitive firm operates at its efficient scale.
<span>Chinese immigrants utilized the minority group response of segregation when they formed Chinatowns.
At that point, the Chinese </span>immigrants<span> were paid lower compensation than white specialists, who at that point reprimanded Chinese workers for pushing down pay and taking endlessly employments. After the railroad was finished and white workers in different ventures started to fear for their occupations, hostile to Chinese assaults expanded, including beatings, fire related crime, and murder.
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The problems with price gouging laws that keep prices low are:
- Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
- When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gouging laws short circuit this effect.
Here are the options to this questions:
- Price gouging laws reduce shortages after a disaster by keeping prices low.
- Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
- When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gouging laws short circuit this effect.
- When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price gouging laws short circuit this effect.
- Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods
- Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would
Price gouging is when the price of a good or a service is increased to very high levels when the demand for the product is higher than the supply of the product. Price gouging usually occurs after an event. For example, after a natural disaster.
In order to prevent price gouging, the government can set a price ceiling. A price ceiling is when the maximum price for a good or service is set by the government. When prices are prevented from rising above a particular price, this benefits consumers as they would be able to purchase goods at a cheaper price. But producers would be disadvantaged because their profit margins would fall. This can lead to a shortage problem as demand would exceed supply.
To learn more about price gouging, please check: brainly.com/question/10477659?referrer=searchResults
I think the answer might be D because if you dont have free time how would you create your own business
