Answer: The creation of a government set price for gasoline by ni government.
Explanation:
In 1970 president Nixon inteoduced a soft artificial price ceiling on gasoline in the United States. This was as a result of the OPEC crisis of 1970s. It is a good example of scenerios where the cost of government action outweighs the benefits. this was due to the creation of the government-set price which would cause the quantity demanded to be more than the quantity supplied because gasoline was cheaper now.
B. If you needed to Access it if your computer ever crashes down, you have a copy that won't get corrupted.
Answer:
The correct answer is e. All of these choices are correct.
Explanation:
The efficient execution of the strategy depends to a large extent on competent personnel, more adequate competencies and competitive capacities, and an effective organization. Therefore, developing a capable organization is always a priority of strategy implementation.
There are three types of organizational development that are of utmost importance.:
- Select capable people for key positions.
- Ensure that the organization possesses the core skills, competencies, administrative talents, technical knowledge, competitive capabilities, and resource strengths it needs.
- Organize business processes, value chain activities and decision making in a way that leads to successful execution of the strategy.
Answer:
The price elasticity of supply is 1.42.
Explanation:
The price elasticity of supply is the measure of the degree of responsiveness of quantity supplied to a change in price. It is the ratio of proportionate change in quantity supplied and proportionate change in price.
An economist doing an analysis on the market for original paintings finds that a 7% increase in price will lead to an increase in the quantity supplied by 10%.
Price elasticity of supply
= 
= 
= 1.42
Answer: The answer is <u>B, a job shortage occurs when there is a higher demand for jobs than there is for labor.</u>
Explanation:
During this type of shortage, the types of jobs being offered do not have the workers that are qualified. Skilled workers are needed for various jobs but they are hard to fill since students are going into high powered fields. Some of the industries that need workers are healthcare, hotels, and construction.
