1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yarga [219]
3 years ago
14

All societies face a trade-off between equality and efficiency.

Business
1 answer:
Zepler [3.9K]3 years ago
8 0

Answer:

a decrease; an increase

Explanation:

The advantages of the trade-off between equality and efficiency are few and short-term because they affect economic growth. If the government tries to give money to the poor by taking it from the rich in the form of taxes increase the equality but at the same time, it affects the efficiency level of the whole economy. As long as rich people feel that they are being overpowered they work less which decrease the GDP and low overall efficiency.

You might be interested in
A narrow market focus is to a differentiation-based strategy as a __________________. technological innovation is to a cost-base
olganol [36]

Answer: possible options:

A.growth market is to a differentiation-based strategy

B. broadly-defined target market is to a cost leadership strategy

C. growth market is to a cost-based strategy

D. technological innovation is to cost-based strategy

Answer is B

Explanation:

Companies that use a cost leadership strategy and those that use a differentiation strategy share one important characteristic: both groups try to be attractive to customers in general. These efforts to appeal to a broad range of consumers can be contrasted with strategies that involve targeting a relatively narrow niche of potential customers. These latter strategies are known as focus strategies (Porter, 1980).

Focused cost leadership is the first of two focus strategies. A focused cost leadership strategy requires competing based on price to target a NARROW MARKET. A firm that follows this strategy does not necessarily charge the lowest prices in the industry. Instead, it charges low prices relative to other firms that compete within the target market. For example, you might be able to buy milk cheaper by driving to a big-box grocery store in your local community or town, but the local corner store is the cheapest within walking distance. Redbox, a major DVD rental company, uses vending machines placed outside grocery stores and other retail outlets to rent DVDs of movies for $1. There are ways to view movies even cheaper, such as through the flat-fee streaming video subscriptions offered by Netflix. But among firms that rent actual DVDs, Redbox offers unparalleled levels of low price and high convenience.

8 0
3 years ago
Which type of a person demonstrates trustworthiness?
True [87]

Answer:

a person on whom you can rely

Explanation:

it's the correct answer

5 0
4 years ago
State the accounting equation.
schepotkina [342]
Shareholders' Equity = Assets – Liabilities where the rearrangement reflects the residual claim of equity owners.
5 0
3 years ago
If your company sells products or materials to other companies rather than to the general public, you might maintain a ____ pres
joja [24]

Answer:

B2B

Explanation:

B2B Business-to-Business retail is a process in which a business sells its product to other business rather selling it to general consumer or general public. In B2C Business sells products to direct consumer, B2S Business sells products to Solopreneur and S2B Science reasearchers sell their work to Business.

8 0
3 years ago
A code of conduct should be worded in terms of forbidden action rather than acceptable behavior.
Katena32 [7]

<u>Answer:</u>

The statement that says a code of conduct should be worded in terms of forbidden action rather than acceptable behaviour is false.

<u>Explanation:</u>

The judicial acts and laws that prohibit unlawful actions and the code of conduct that provides information about the ideal and acceptable behaviour that are distinct from each other in terms of wording that is used to draft them. A judicial act mentions what is not to be done and a code of conduct mentions what is to be done.

7 0
3 years ago
Other questions:
  • The current U.S. dollar-yen spot rate is 125¥/$. If the 90-day forward exchange rate is 127 ¥/$ then the yen is selling forward
    7·2 answers
  • What kind of leadership style would be best to employ if quick decisions are needed on a team?
    14·1 answer
  • Delta airlines prices its tickets so that it is less expensive to travel between midnight and 5:00
    9·1 answer
  • e Company incurs cost of $35.70 per unit, of which?19.94 is variable, to make a product that normally sells for $58.16. A foreig
    6·1 answer
  • Maribel is putting the finishing touches on her slide presentation. She wants
    11·2 answers
  • Abram is a manager at Runa Marcus Corp., a company that runs a women's lifestyle magazine. Abram's strong points are his creativ
    8·1 answer
  • Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $2,000,000 (200,00
    7·1 answer
  • A motivation for scientific management, which uses time and motion studies and work standardizations, is to:
    15·1 answer
  • What is the amount of government revenue after the government imposes the excise tax on the market?
    10·1 answer
  • If the aircraft turns to the heading indicated by the heading marker, it will?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!