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Contact [7]
3 years ago
6

According to the textbook, government price controls fail because: A. they are not enforced. B. legislation cannot repeal basic

economic motives. C. bureaucrats lack accurate market data. D. firms ignore the restrictions.
Business
1 answer:
Morgarella [4.7K]3 years ago
4 0

Answer:

The correct answer is letter "B": legislation cannot repeal basic economic motives.

Explanation:

Government price controls are regulations imposed by the central government of a country to set limits on prices of certain goods or services because of a surplus, shortage or simply to maintain the demand and supply of those products at their equilibrium level.  

However, the demand for some of those products could be unpredictable because individuals could react in opposite directions even if the government has set rules against consumers' favor. <em>Customers' motives might not be always repealed by legislation</em>.

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Which of the following is considered a purchase tax?
Butoxors [25]

I believe the answer is: D. excise tax

.

Purchase tax refers to the tax that must be paid by the buyer whenever they purchase a certain product. One of the example would be an excise tax.

Excise tax is the tax that buyers must paid when we buy a product that create some sort of negative effect to the society or environment. Example of an excise tax would be gasoline tax.

4 0
3 years ago
Before buying an existing business, you need to identify if the business’s problems can be fixed.
kifflom [539]

The statement is true

3 0
3 years ago
Read 2 more answers
A company currently has no items in inventory. The demand for the next four months is 200, 400, 250, and 350 units. Determine th
sveticcg [70]

Answer:

325 units per month

Explanation:

Cumulative demand for next four months:

= 200 + 400 + 250 + 350

= 1,200

Total production requirement :

= Cumulative demand for next four months - Beginning inventory + Ending inventory

= 1,200 - 0 + 100

= 1,300

At level strategy, monthly production rate will be uniformly.

Therefore,

the monthly production rate will be as follows:

= 1,300 ÷ 4

= 325 units per month

8 0
3 years ago
HR can foster a triple bottom approach through incentive plans that focus on achieving comprehensive results rather than solely
navik [9.2K]

Answer:

a. True

Explanation:

Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Thus, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.

A triple bottom line (TBL) is a business management framework or model that comprises three (3) main components, which are; financial, environmental and social.

Human resources (HR) can enhance a triple bottom approach within an organization by establishing incentive plans that is typically focused on achieving comprehensive results rather than solely on profit incentives. Thus, it would foster the growth and development of an organization with respect to finance, environmental and social factors.

6 0
3 years ago
Which of the following describe categories of international employees? Group of answer choices expatriates, third country nation
Scrat [10]

Answer: Expatriate, third country national.

Explanation: An international employee is an individual who is employed to work in a company that is not in his country of origin.

International workers are most times referred to as expatriates. Expatriates are people who live and work in a country which is not their country of origin.

A third country national is an individual living in a country foreign to his, and applying for a visa to migrate to another foreign country. A third country can also fill in the category of an international worker.

6 0
3 years ago
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