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fgiga [73]
3 years ago
9

Which of the following is not generally regarded as a legitimate reason for gov't to intervene in a market?

Business
1 answer:
Bess [88]3 years ago
7 0

Answer:

C. To enforce property rights

Explanation:

Government intervention in market can be non materistically via regulation , materistically via taxes & subsidy.

Although the second materislistic way of tax, subsidy comes under the perview of 'Government Budget' .

Government budget is anual financial statement showing economy's expected revenue & expenditure .

Economic growth & stability by reallocation of resources , reducing income inequalities - reflect 'efficiency' & 'equity' as valid reasons .

Foreign protection is also not invalid depending upon the initial budding stage of a developing economy & its global stand. Eg - India 1950 to 1990 .

However all these are progressive legitimate reason for govt. Intervention .

But , enforcing property rights is a feature of 'socialistic (communistic) economy - which has its own demerits like loss of consumers soveireignity , lack of postive competitive efficiency , govt overburden.

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The price elasticity of supply is affected by
valentina_108 [34]

Answer:

B. the passage of time. 

Explanation:

Price elasticity of supply measures how sensitive quantity supplied are to changes in price.

Price elasticity of supply is determined by the passage of time.

Typically, in the short run, the elasticity of supply is usually inelastic. Prices do not usually impact quantity supplied because in the short run, some of the factors of production are fixed. But in the long run, the price elasticity of supply are more elastic.

The other factors listed above in the options affect the price elasticity of demand.

4 0
3 years ago
The major work elements defined in the statement of work (SOW) section along with the detailed list of deliverables provide the
Natali5045456 [20]

Answer:

Work Breakdown Structure (WBS)

Explanation:

Note that, <em>the statement of work (SOW</em>)  is usually used in project management to define project-specific activities, deliverables etc.

The Work Breakdown Structure (WBS)<em> finally breaks down the project into smaller components</em> as found in the image below. The image shows the case of a project breakdown to design and build a custom bicycle.

3 0
3 years ago
You recently were hired as a front line debt collection agent for a debt collection service in Michigan. Your boss assigns you t
____ [38]

Answer:

need

Explanation:

3 0
3 years ago
An organization decides to ask three advertising agencies to pitch a proposal to handle the organization's business, instead of
PtichkaEL [24]

Answer:

C.

Explanation:

Satisficing is searching for and accepting something that is satisfactory rather than insisting on the perfect or optimal.

Managers tend to satisfice rather than optimize in considering and selecting alternatives.

Characteristics:

-accept good enough

-do not obsess over other opinions

-can move on after deciding

-happier with outcomes

4 0
3 years ago
Comparative financial statements for Heritage Antiquing Services for the fiscal year ending December 31 appear on the following
SVETLANKA909090 [29]

Answer and Explanation:

The computation is shown below:

1. Times interest earned ratio is

= Earning before interest and taxes ÷ Interest expense

= $19,200 ÷ $940

= 20.4

2. And, the Debt to equity ratio is

= Total Liability ÷ Total stockholder's equity  

= $30,180 ÷ $55,872  

= 0.54

We simply applied the above formulas so that the  financial ratios for long-term creditors could come

8 0
2 years ago
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