False. think about x-rays and radio graphs if we didn't have these a lot of people would die because of these life saving technology
Answer:
B. price ceiling.
A government policy that sets the highest price that can be charged for a good or service is a price ceiling.
It shows how businesses markets and households all buy and sell from each other to make profit<span />
Answer:
1. Discount
2. Geographical adjustments
3. Allowance
4. Discount
5. Allowance
6. Discount
Explanation:
1. Discount for early purchase and delivery order of chlorine and shock products
2. Geographical adjustment of price, due to shipping and handling costs
3. Allowance given to Raquel for the old ring; to help/encourage her purchase a new one (from the store)
4. Discount on the price or cost of purchase, for customers (like Joshua) who would buy more socks at a go
5. Allowance Capri Sun gives to Safeways Store, for every 15 cases of Capri Sun ordered and displayed in front of the store
6. Discount incentive/bonus Amazon is offering its Prime members. Take note of the nomenclature "Prime members". These are customers who make frequent orders or order a lot of products. Amazon is herefore offering a discount.
NOTE:
- A discount is offered to reduce the cost of purchase - which could be direct or indirect - while an allowance is given to encourage a business deal; as in numbers 3 and 5.
Answer:
Efficiency wage theory
Explanation:
Efficiency wage theory was first postulated by Alfred Marshall, where he viewed compensation to workers as based on their efficiency.
Companies use efficient wage to reduce staff turnover, as staff are motivated to stay because of wages that are above the industry standard.
It is also a way to reduce cost mostly in industries where the cost of staff replacement is high.