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mart [117]
3 years ago
14

________ is a legal system which is based on a detailed set of written rules and statutes that constitute a legal code and it is

also based on a codification of what is and is not permissible.
Business
2 answers:
fgiga [73]3 years ago
6 0

Answer:

Civil Law

is a legal system which is based on a detailed set of written rules and statutes that constitute a legal code and it is also based on a codification of what is and is not permissible.

Serga [27]3 years ago
6 0

Answer:

Civil Law

Explanation:

Under this way of rule of conduct among men all individuals are the same and they have the same rights and obligations. This way of life arise after the French revolution of 1786 as before the persons belong to castes and their weren't trated the same for the same crime.

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______________ are enacted when discontented sellers, feeling that prices are too low,appeal to legislators to keep prices from
TEA [102]

Answer: Price Ceilings

Price Ceilings are usually controlled by the Government and their main use is to keep prices up. Sometimes a customer will switch to other goods and that person that wants there item bought the price will get lower to attract more customers. In this case, they want to keep the prices from falling - therefore, it would be Price Ceilings.

6 0
3 years ago
If an increase occurs in the demand for the output of industry A, we would expect all of the following to happen except:A. an in
ruslelena [56]

Answer:

The correct answer is option B.

Explanation:

The total revenue and profits of the industry as the price level  increases with increase in the demand.

When there is an increase in the demand for the output of an industry, that industry will increase the production to match the increase in the demand. The increase in production will cause output level to increase.

In order to produce more output the industry will require more inputs, so the demand for inputs will increase.

An increase in the demand for inputs will be accompanied by increase in their prices.

There will not be any decline in the price of inputs.

3 0
3 years ago
In periods of rising prices when lifo is used, companies avoid reporting a ________ because a portion of the gross profit must b
Marysya12 [62]
By the use of Lifo in a period where the prices rise, companies avoid to report paper profit, also called phantom profit, as economic gain. Have in mind that in periods of changing prices, the cost flow assumption can have a significant impact onincome and on evaluations based on income. That is why when Lifo is used the companies tend to <span>report the lowest net income </span>
8 0
3 years ago
Youns Inc. reported the following results from last year’s operations: Sales $ 10,500,000 Variable expenses 6,610,000 Contributi
shusha [124]

Answer:

Combined turnover = $13,300,000.

Explanation:

The combined turnover is the sum  of the turnover for last year and the turnover after the investment opportunity is taken.

Combined turnover = turnover last year + turnover from the new investment opportunity.

=  10,500,000 + 2,800,000

= $13,300,000

7 0
3 years ago
Imagine a world where there are only two countries. In country A, the people spend 80% of their marginal income. In country B, t
Pavlova-9 [17]

Based on the percentage spent out of their marginal income, the country where fiscal policy would be more effective is<u> Country A </u>

The country where fiscal policy would be more effective is the one that has a higher multiplier.

Multiplier is calculated as:

<em>= 1 / ( 1 - Marginal propensity to consume)</em>

Marginal propensity to consume is the percentage spent out of marginal income.

Country A multiplier:

= 1 / ( 1 - 80%)

= 5

Country B multiplier:

= 1 / ( 1 - 60%)

= 2.5

In conclusion, fiscal policies would be more effective in Country A.

<em>Find out more at brainly.com/question/17012705. </em>

7 0
3 years ago
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