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kari74 [83]
2 years ago
10

Nonprice rationing devices are required:a. because the price system does not allocate resources efficiently.b. when there are pr

ice floors but not when there are price ceilings.c. so that prices will go back to equilibrium.d. to allocate goods when there is a price ceiling.
Business
1 answer:
o-na [289]2 years ago
5 0

Answer:

d. to allocate goods when there is a price ceiling.

Explanation:

Non price rationing or queuing is a measure used when there is a price ceiling, queuing is used to arrange people on a first come first serve basis.

Rationing is done on the non monetary cost of waiting in line.

Waiting time eventually balances buyer equillibrum. When customer's are waiting on queues for too long some of them loose interest and leave, this restoring balance between what is available and number of people waiting to buy.

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If the Mount Lemmon fire district attempts to implement age diversity initiatives, but these initiatives are defeated because th
statuscvo [17]

Answer:

Explanation:

fears of reverse discrimination

8 0
2 years ago
Wild plus, a television channel dedicated to wildlife, wanted to promote its new wildlife adventure series. the series was given
Sliva [168]

Answer:

D) public relations

Explanation:

In marketing, public relations refers to a company's efforts to carry out a series of programs and activities designed to improve the company's image and the image of the products or services that it offers.

In this case, the coverage provided by newspapers and television is not advertisement, it is part of a public relations efforts designed to make the public aware of the channel's environmental approach.

5 0
2 years ago
In Part 5 of Form 940, Peterson Company reported FUTA tax liabilities as follows:
kari74 [83]

Answer:

First quarter: <em>amount </em>$0 <em>date: </em>-

Second quarter: <em>amount </em>$606.60 <em>date:</em> July 31

Third quarter: <em>amount </em>$0 <em>date: </em>-

Fourth quarter: <em>amount </em>$537 <em>date:</em> January 31

Explanation:

As per IRS, in part 5 of Form 940, Peterson Company will report FUTA tax liability by Quarter only if Total FUTA Tax after Adjustments is more than $500. So, Peterson Company is not required to pay FUTA tax until FUTA tax liability is more than $500 and if in any particular quarter the FUTA tax liability is less than $500 then the cumulative amount will be taken with the next quarter until the FUTA tax liability reaches more than $500. So first quarter will add up with quarter 2 and the FUTA tax liability will be $606.60 & third quarter will add up with fourth quarter and the FUTA tax liability will be $537.  

As far as due dates are concerned, the due date of the first quarter is the month after the end of first quarter. So, for the quarter from January to March the Due Date will be April 30, from April to June the Due Date will be July 31, from July to September the Due Date will be October 31, from October to December the Due Date will be January 31.

6 0
3 years ago
On December 18, Intel receives $259,000 from a customer toward a cash sale of $2.59 million for computer chips to be completed o
UNO [17]

Answer:

Date        General Journal              Debit        Credit

<em>Dec. 18</em>    Cash                                $259,000

               Unearned revenue                                 $259,000

(To record advance receipt of cash)

<em>Jan. 23</em>    Cash (2590000 - 259000) $2,331,000  

               Unearned revenue         $259,000  

               Sales revenue                                   $2,590,000

(To record cash sale)

<em>Jan. 23</em> Cost of goods sold         $1,590,000  

               Inventory                                          $1,590,000

(To record cost of goods sold)  

6 0
2 years ago
Explain, using examples, the abuse of monopoly power as a market failure.
saw5 [17]

Answer:

Explanation:

A monopoly is a market structure where there is only one supplier of a product and many buyers. An example of a monopoly is Microsoft; it is a price setter in the market. Abuse of monopoly power can occur when a firm dominates the market meaning no competitors within the industry. This abuse   could be in form of limiting output or setting higher prices to benefit from supernormal profits . This therefore leads to less choice for consumers.Over time, monopolies can become less innovative because they do not have competition and causing the market to fail and be inefficient; the price mechanism fails to take into account all of the costs and/or benefits of providing and consuming a good.

3 0
3 years ago
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