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

1 answer:

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.

You might be interested in

Thos question comes from Gregory Mankiw Principles of Microeconomics fourth edition. I am not sure how to do this problem. Can y

NeTakaya

Your answer would be C.

3 0

3 years ago

A company changes from the straight-line method to an accelerated method of calculating depreciation, which will be similar to t

oee [108]

Answer: c. credit to Accumulated Depreciation.

Explanation:

When using the accelerated method of depreciation, depreciation amounts are higher in the earlier years unlike the straight-line method where depreciation is constant throughout the life of the asset.

The difference between the depreciation according to Straight-line and depreciation will be sent to the accumulated depreciation account as a credit to reflect the change and the depreciation for the period.

4 0

3 years ago

Laura is a billing clerk in a medium-sized manufacturing company. She reports to the Supervisor of Accounts Payable, who in tu

Firlakuza [10]

Answer: (C) Chain of command

Explanation:

The chain of command is basically refers to the organizational hierarchy and it helps company for establishing the authority line in an organization. It also helps in the decision making process and manage all the production activity in an organization.

According to the given situation, the chain of command is one of the element for the organizational design. As, the chain of command is one of the important element as it is one of the effective management in an organization.

Therefore, Option (C) is correct.

6 0

3 years ago

PLS HELP ME :(

Contact [7]

Answer:

im pretty sure it would be A

Explanation:

4 0

3 years ago

Read 2 more answers

As a team leader, you have been tasked to lead the change effort to increase productivity. how would you tackle possible resista

enot [183]

I would you tackle possible resistance to change by addressing and clearly communicating the “5 P's of change efforts which are- Purpose, People, Priorities, Process, and Proof.

The first strategy to tackle possible resistance to change as a team leader is to communicate. Communication is the key. However, try letting your employees initiate the conversation.

People want to be heard, and giving them a chance to voice their opinions will help alleviate the frustration they feel over the situation. So by listening them I will encourage a supportive work environment.

Hence, by communicating with your employees you can tackle possible resistance to change.

To learn more about resistance to change here:

brainly.com/question/13570019

#SPJ4

7 0

2 years ago