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IceJOKER [234]
3 years ago
9

Williams & Co. management is trying to decide the appropriate prices for various products sold by the firm. This is a focus

of ________.
a) micro-economics.
b) macro-economics.
c) fiscal policy.
d) monetary policy.
Business
1 answer:
nikdorinn [45]3 years ago
5 0

Answer:

A. Micro-economics

Explanation:

Micro-Economics represents a study of economic activiites or economic choices that affect individual businesses or organisations, individual consumers or individual families. Since the focus of Williams & Co is on determining appropriate prices for products sold in its individual firm, then the focus is micro-economics

Macro Economics represents the study of economic activities and choices but instead of the individual level, it studies these acivities at the overall national level or at the global level. So the study of pricing among the various detergent producing firms in the United States is under the purview of macro economics

Monetary policy focuses on the tools that are used to regulate the entire economy especially the Federal Reserve through the regulation of the activities of member financial institutions.

Fiscal Policy focuses on the activities of government to control its expenditure, tax rates and overall monitor or regulate the economy  

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whole number. a. Before the tax is imposed, the equilibrium price is $ 1.5 per bottle and the equilibrium quantity is 4 billion
Sonbull [250]

Answer: hello your question is poorly structured attached below is the missing graph and missing part of the question

Assume the government imposes a $1.00 excise tax on the sale of every 2 liter bottle of soda. The tax is to be paid by the producers of soda. The figure below shows the annual market for 2 liter bottles of soda before and after the tax is imposed.

answer :

a) $2 , 4 billion

b) $2.5

c) $1.5

d) 3 billion

e) $3 billion

Explanation:

a) equilibrium price = $2 per bottle

   equilibrium quantity = 4 billion bottles

<u>b) After imposition of excise tax </u>

consumers will pay = $2.5

<u>c) The amount producers keep after the imposition of taxes </u>

= $2.5 - tax

= 2.5 - 1 = $1.5

<u>d) New equilibrium quantity ( after tax is imposed ) </u>

= 3 billion bottles ( from graph attached ) i.e. intersection of S2 and D

e)<u> Amount of tax revenue collected by the government from the imposition of tax </u>

= quantity  of bottles sold  * $1

= 3 billion * $1 =  $3 billion

   

6 0
3 years ago
The basic difference between macroeconomics and microeconomics is:
I am Lyosha [343]

Answer:

The correct answer is option C.

Explanation:

Microeconomics is the branch of economics that studies the behavior of individual economic agents such as a single firm or a single consumer. For instance, it deals with variables such as demand for a single consumer or a supply from a single firm.  

Macroeconomics is that branch of economics that studies the entire economy as a whole. It deals with variables such as inflation, unemployment rate, etc.

3 0
3 years ago
Which of the following is the cost of quality classification for costs such as defects that pass through the system, such as cus
KonstantinChe [14]
Would have to say the answer is A
8 0
4 years ago
What are two common causes of postoperative wound evisceration? why might these causes lead to wound evisceration?
earnstyle [38]

The two major causes of postoperative wound evisceration are as follows,

  • Post-surgery wound stress, which might involve something as simple as a cough or sneeze
  • Certain sutures may disintegrate too quickly, causing the wound to open.
  • The type of closure employed, may or may not have been beneficial for the incision.

What is evisceration?

Evisceration is a rare but serious surgical complication in which the surgical incision opens and the abdominal organs protrude or come out. Evisceration is a medical emergency that must be treated as such.

  • It can range from mild to severe, with the organs exposed and slightly protruding outside of the incision.
  • Intestines, for example, may leak from an abdominal incision.
  • This is usually considered a medical emergency.
  • If you notice tissue or organs emerging from a surgical site, call your doctor.
  • It is critical to keep the wound wet. Cover the opening and organs with a wet, sterile bandage or sheet while on your route to seek medical help or while waiting for EMS.

Learn more about Evisceration here,

brainly.com/question/4224130

# SPJ4

4 0
2 years ago
In three to four sentences, explain the effect of competition on the price of goods and services and whether or not this is a go
Nat2105 [25]

Competition will eventually make the price of goods and services to equilibrium price.

Competition will make the sellers lower the price so they can attract consumers, which will be very beneficial for the consumers

hope this helps

8 0
4 years ago
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