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erik [133]
3 years ago
5

Sarah stopped at the supermarket to quickly pick up some milk, bread, cat litter, and a tomato. When she saw the total come up o

n the screen, she swore that it was a dollar higher than it should be. But no, the prices were all correct on her receipt. It was just that they had all gone up. So had the cost of clothing, cars, and most everything else. This is called __________
Business
1 answer:
leva [86]3 years ago
3 0
A tax on purchases, also Called sales tax
You might be interested in
The relationship between quantity supplied and price is ________ and the relationship between quantity demanded and price is ___
mart [117]

Answer:

direct, inverse

Explanation:

Hope it helps

4 0
2 years ago
A company's liquidity refers to its: ability to collect accounts receivable. ability to sell inventory efficiently. ability to g
algol13
A company's liquidity refers to its <span>ability to pay currently maturing debts.

Liquidity refers to the companies availability of assets that they can turn into cash or cash readily on hand. Maturity refers to a debt that needs to be paid by a certain, fixed date. 
</span>
6 0
3 years ago
Price ceilings and price floors: a)shift demand and supply curves and therefore have no effect upon the rationing function of pr
mestny [16]

The correct answer is B.

A price floor is a policy established by economic authorities that consists on setting a threshold so that the price of a certain product or service cannot decrease under that. It distorts the market outcome when it is larger than the equilibrium price, because the amount supplied at the price floor level would the larger than the amount demanded by consumers and, hence, there is an excess of supply or surplus. Therefore, <u>the market does not clear because the rationing function of prices has been externally influenced. </u>

A price ceiling is a similar policy established by economic authorities. A threshold is set so that the price of a certain product or service cannot increase over it. It distorts the market outcome when it is smaller than the equilibrium price, because the amount supplied at the price ceiling level would the smaller than the amount demanded by consumers and, hence, there is an excess of demand of shortage. Again, <u>the market does not clear because the rationing function of prices has been externally distorted. </u>

<em>A market clears when the equilibrium is reached and the amount supplied equals the amount demanded, so that the desires of both producers and consumers meet.  </em>

8 0
3 years ago
A Six Sigma deployment can be deemed effective even if the number of defects are not reduced to 3.4 defects per million. True Fa
Damm [24]

Answer:

False.

Explanation:

Six Sigma is a quality control standard that was developed by Motorola Inc in 1986. It aims to reduce defects in goods produced.

While production cycle remains constantor faster, the quality of output should be kept below 3.4 defects per million.

Six Sigma is now applied in various fields like customer service to ensure customer retention, and management strategies.

So the statement above is false, defects must be kept below 3.4 per million to comply with Six Sigma standard.

7 0
3 years ago
Preferred stock is often considered a more conservative (less aggressive) investment than common stock because: a. its holders h
Aneli [31]

Answer:

b. it is less volatile and more like a bond

Explanation:

Preferred stocks pay a fixed dividend and has the potential to appreciate in price.

Preferred share holders have no voting right but they are paid first before common shareholders.

I hope my answer helps you

6 0
3 years ago
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