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
olga nikolaevna [1]
4 years ago
8

You have responsibility for economic policy in the country of Freedonia. Recently, the neighboring country of Sylvania has cut o

ff all exports of oranges to Freedonia. George, who is one of your advisors, says that the best way to avoid a shortage of oranges is to take no action at all. Charles, another one of your advisors, argues that without a binding price floor, a shortage will certainly develop. Otto, a third advisor, suggests that you should impose a binding price ceiling in order to avoid a shortage of oranges. Which of your three advisors is most likely to have studied economics?
A. George
B. Charles
C. Otto
D. Apparantly, all three advisors have studied economics, but their views on positive economics are different.
Business
1 answer:
garik1379 [7]4 years ago
8 0

Answer: C) Otto

Explanation: Unlike the general perception evidenced in the research, having inflation is not a negative event. In fact, enjoying constant and controlled price increases is a sign that the demand for households is good, which translates at the same time into a greater need for production which ultimately results in economic growth.

You might be interested in
Process redesign: a. is the fundamental rethinking of business processes. b. is sometimes called process reengineering. c. tries
notsponge [240]

Answer:

e. All of these is the correct answer.

Explanation:

  • Process Redesign is an approach of rethinking and recreating the business processes to improve product quality, reduce cost and improve the output and also to bring improvements in the performance.
  • Process redesign involves the analysis of inefficient processes and finds out the ways to improve them and also analyze the business workflows and processes.
  • Process redesign is also called as process reengineering or business transformation.
4 0
3 years ago
The 2016 financial statements of The New York Times Company reveal average shareholders’ equity attributable to controlling inte
Umnica [9.8K]

Answer:

E. There is not enough information to calculate the ratio.

Explanation:

It's necessary the information about the other partner or what it's the total amount of shareholders’ equity to calculate the net income attributable to New York Times.

The only information available it's shareholders’ equity attributable to controlling interest which means there is other part which have the rest.

5 0
3 years ago
Henkes Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of
nlexa [21]

Answer:

$17.80 per labor-hour

Explanation:

Predetermined overhead rate = Budgeted Fixed Overheads ÷ Budgeted Activity

                                                  = $961,200 ÷ 54,000 labor-hours

                                                  = $17.80 per labor-hour

Predetermined overhead rate for the recently completed year is $17.80 per labor-hour.

7 0
3 years ago
Hakeem wants to diversify his investment portfolio. He wants an asset with
dlinn [17]

Answer:

D

Explanation:if he would invest in commercial real estate it would be  commercial so he could do anything with it

4 0
2 years ago
Which of the following statements concerning the cash budget is CORRECT? a. Depreciation expense is not explicitly included, but
Ostrovityanka [42]

Answer:

a. Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.

Explanation:

The cash budget is the budget that represents the receipts and payment of transactions held in cash

It includes the interest and dividend payment as it shows the outflow of cash if payment is made in cash

Moreover, it also affects the DSO and includes cash inflows with related to the long term sources such as issuance of bonds

But as we know that the depreciation is a non cash expense so it not much included but its effects are projected in the payment of tax

7 0
3 years ago
Other questions:
  • 13. Crowd sourcing can take the place of market research.<br> True<br> O False
    11·1 answer
  • A corporation is a type of business firm where the debt of the firm is considered its owners' personal responsibility.A.TrueB.Fa
    14·1 answer
  • Four friends plan to form a corporation for purposes of constructing a shopping center. Charlie will be contributing the land fo
    12·1 answer
  • Sleep Tight, Inc., manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and mate
    15·1 answer
  • Which of the following are acceptable formats for reporting comprehensive income?
    15·1 answer
  • At December​ 31, 2018​, Salish Hardware owes $ 4 comma 800 on accounts​ payable, plus salaries payable of $ 5 comma 300 and inco
    9·1 answer
  • A one-month European call option on Bitcoin is with the strike price of $8,505, $8,705, and $8,905 are trading at $600, $500, an
    15·1 answer
  • International Data Systems' information on revenue and costs is relevant only up to a sales volume of 121,000 units. After 121,0
    9·1 answer
  • Recommend three life skills that can assist a grade 12 school leaver to adapt to the world of work in 2023.in each answer,also i
    13·1 answer
  • Which ics function is responsible for documentation.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!