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Maurinko [17]
4 years ago
15

Why can deadweight loss occur when a price is below the equilibrium even when some consumers benefit from it?

Business
1 answer:
soldi70 [24.7K]4 years ago
7 0

When a shortage occurs, some consumers are fortunate enough to benefit from a lower price if they purchase the good or service before the price increase occurs.

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Explain the contra entry to sales ledger and why it was needed
vivado [14]

Answer:

The Contra Entry is the transfer of cash. Hope this helps!

5 0
3 years ago
A change in Accounting Method would be necessary because of which of the following circumstances?
charle [14.2K]

Answer:

b) A decrease in ownership percentage from 25% to 15%

Explanation:

There is change in accounting method when the shareholding is 20% or more.

Under Consolidation there are two methods:

Equity method: This is used when the shareholding is 20% or more, and there is significant influence. Under this method all the assets and liabilities are accumulated in the consolidated balance sheet.

Proportional Consolidation method: This is generally used when the shareholding is merely shown as an investment, and the balances of assets and liabilities are not accumulated.

Thus, there is a change in method of accounting when the shareholding is more than 20%. This is in case b as change is from 25% to 15% and thus, it will change from equity method to proportional consolidation method.

5 0
3 years ago
If the price of tortilla chips decreases, and as a result, you buy more salsa, then tortilla chips and salsa:
Lilit [14]

There are different types of goods, and the price of a good will determine the purchase, tortilla chips and salsa are complementary goods.

What are complementary goods?

A complementary good are goods that have similar use or are related to another.

These goods can be used together at times, or used separately.

Therefore,   tortilla chips and salsa are complementary goods because salsa can easily replace tortilla in case of high price.

Learn more on complementary goods here,

brainly.com/question/1268536

4 0
2 years ago
Teltos Inc. is seeking ways to motivate its "creative types." Which of thefollowing ways can be considered by the firm to encour
viktelen [127]

Answer:B

Explanation:

Being less tolerant of aberrations

8 0
3 years ago
A. A plan for mass casualty incidents should include protective actions to reduce vulnerabilities, response actions to minimize
DedPeter [7]

Answer: When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization

Explanation:

A Mass Casualty Incident refers to an overwhelming event, which leads to more patients at a time than what the available resources can easily manage such that it requires additional assistance.

A plan for mass casualty incidents should include protective actions that will be used to reduce vulnerabilities, response actions to minimize negative consequences, and post incident actions to promote community recovery.

A partnership approach to planning for mass casualty incidents is important as it helps in ensuring that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred.

It's also vital to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization.

The false statement is "When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization". This isn't true.

5 0
3 years ago
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