Answer:
c. rent-seeking behavior
Explanation:
In economics, rent-seeking behavior can be described as a behavior or conduct that tries to increase the share of an economic agent or an entity from the existing wealth without adding or creating new wealth. This implies that the entity aims to obtain added wealth without creating a new one.
From the question, the aim of the lawyers is mainly to increase their own wealth in terms of legal fees they will collect from preparing wills, trusts, and other legal documents when they prepare them for people when a law restrict people from self-preparing it using their personal computers. In turn, the lawyers will only increase their share of wealth without adding any wealth.
Therefore, this is an example of rent-seeking behavior.
<h2>Activity Cost Pool </h2>
It is the activity measure total cost of total activity assisting a gathering of guests. The number of people attended $ 14,500 for 5,800 people. Serving a customer number of guests served $ 95,160 for 12,200 diners. Serving a drink number of beverages ordered for $ 27,270 for 10,100 bottles.
- The above prices cover all of the expenses of the restaurant without for organization-sustaining expenses. Example rent, business taxes, and top-management payrolls. Some expenses, like the expense of cleaning the linens that cover the restaurant's furniture, change with the amount of individuals worked.
- Additional costs, example washing dishes and glasses, depends on the number of customers attended or the number of drinks served. Prior to the activity-based costing research, the landlord understood very little about the expenses of the restaurant. She knew that the entire cost for the month including organization-sustaining costs was $180,000 and that 12,000 customers must be served.
Accordingly, the average cost per customer was $15.
Answer:
$5
Explanation:
Equilibrium is when the quantity demanded equals the quantity supplied.
At $5, quantity demanded = quantity supplied = 6
At the other prices, quantity demanded isn't equal to quantity supplied.
I hope my answer helps you
Add up all the numbers and divide it by the amount of numbers there are. For example, the average of 2, 4, and 1 would be 2+4+1= 6, then 6/3 because there are 3 numbers.
