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galben [10]
3 years ago
12

Nonprice rationing devices are required

Business
1 answer:
RUDIKE [14]3 years ago
7 0

Answer: Option D: to allocate goods when there is a price ceiling.

Explanation: Nonprice rationing devices is the use of methods other than price controls that have the effect of limiting output. The Notice devices are often used to deploy goods when there is a price ceiling.

Common examples of Nonprice rationing devices are:

1. Queuing

2. The use of Coupon

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Which scenario below is an example of complementary products, based on their cross-price elasticity?A. Bananas and lettuce, with
ipn [44]

Answer: B. Shampoo and conditioner, with an elasticity of -3.5.

Explanation:

Complimentary products are those which see their quantity demanded move together because the goods usually compliment each other like tea and sugar.

Their Cross-price elasticity shows this by being a negative figure. This is because when the price of one commodity goes up, the quantity demanded of the other goes down because higher prices lead to lower quantity demanded.

The actual question showed that Conditioner and Shampoo had a cross-price elasticity of -3.5 so this is the correct answer.

3 0
3 years ago
The payment to entrepreneurship is called
Novay_Z [31]

<span>Profit is the payment to entrepreneurship. When the entity’s amount earned exceeds the amount spent in buying, operating, or producing something and it has a financial gain, this is then the term we call the profit.  This is what an entity obtains when the amount of revenue from a business activity exceeds the expenses, costs and taxes which are all needed to sustain the activity. The owner may or may not decide to use the profit on the business.  This is also defined as the money the business makes after all the expenses have been taken into account. It is any company’s goal to consistently earn profit. This is the reason why much of business performance is based on the various forms related to profitability. </span>

6 0
4 years ago
Reginald owns a grocery and his clerks are on strike. Reginald is trying to operate the store with the help of his manager, but
Nata [24]

Answer:

merge law and equity

Explanation:

In resolving labour related or welfare issues the best way to do so will be to hear the grievances of the striking workers and try to find an equitable solution to the situation.

However if all reasonable avenues have been pursued and they still don't want to comply, then legal measures can be taken to make them work.

In this scenario Reginald should call the striking workers and try to come to an equitable solution for the business and workers where there will be a win-win.

If this does not work he can use the law to compel them to comply.

7 0
3 years ago
A seller received a rental payment of $100 in advance. At closing, the seller has "earned" only $32 of this rent. What should ap
allsm [11]

Answer:

$68 appears as the amount unearned but received (or still paid in advance) in the closing statement

Explanation:

Amount received in advance = $100

Amount earned = $32

Amount (in advance at closing) is the difference between the amount originally paid in advance and the amount earned

Amount (in advance at closing) = $100 - $32

                                                    = $68

The amount that will appear in the closing statement as rental payment still in advance is $68.

3 0
3 years ago
Which of these will most likely have a positive effect on your lifestyle?
Zinaida [17]

Answer:

A college degree

Explanation:

College life is very likely

5 0
2 years ago
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