Answer: True
Explanation:
Economics is the study of how decisions are made by humans when they're faced with scarcity of resources. It is concerned with how the resources that are in the economy will be efficiently used.
Therefore, the statement that "Economics is the social science concerned with the efficient use of scarce resources to achieve the maximum satisfaction of economic wants" is true
Answer:
Price ceiling
Explanation:
When the government imposed a price ceiling in a market of goods which means that price set by the government lies below the equilibrium price of an economy. Price ceiling results in a higher demand for the goods because people wants to buy more quantity of goods at a lower price. But supplier of the goods wants to reduce supply as it will become less profitable for the producers to sell the product at a lower price.
Answer:
lower prices for domestic production
Explanation:
tariffs means
more tax on imports so
imports would be more expensive
A. increased quantities of imports?
if imports are more expensive because of tariffs and
if people buy less
then there would NOT be
increased quantities of imports
because they are more expensive
B. higher prices for the import-competing goods both domestically and abroad?
import-competing (domestic) goods would be cheaper
C. lower prices for domestic production?
yes domestic production would be cheaper
D. less expensive exports?
only if other countries don't put tariffs on them themselves
A work group norms can be defined as a standard shared by the group's members and which regulates the behavior of the members within an organization.
<h3 /><h3>What is the relevance of a company's norms and policies?</h3>
They are instruments that direct the behavior of employees, providing the set of values, attitudes and rules that must be followed in the work environment so that processes flow correctly and create an organizational culture favorable to cooperation and development.
Therefore, norms help in the standardization of organizational actions, generating the regulation and control of the behavior of the members of a company.
Find out more about organizational norms here:
brainly.com/question/26965722
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Answer:
the amortization of Other Comprehensive Loss for 2022 is $38,370
Explanation:
The computation of the amortization of Other Comprehensive Loss for 2022 is shown below;
= (Accumulated other comprehensive loss - 10% of Projected benefit obligation) ÷ given no of years
= ($503,700 - 10% of $1,200,000) ÷ given no of years
= ($503,700 - $120,000) ÷ 10 years
= $38,370
hence, the amortization of Other Comprehensive Loss for 2022 is $38,370
The same would be considered