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stiv31 [10]
3 years ago
14

When the price of a good increases, it undoubtedly hurts individual consumers, since they now have to pay more for a particular

good. However, there are some cases in which a price increase can actually serve the public interest.
Which of the following is an example of a price increase that serves the public interest? Check all that apply.

(A) A monopolist sets its price above that which would occur in a perfectly competitive market.
(B) The price for a hunting license is increased in an effort to reduce the number of hunters.
(C) A law is passed increasing the price of cigarettes in an effort to decrease secondhand smoke.
Business
1 answer:
ludmilkaskok [199]3 years ago
5 0

Answer:

The answers that apply are:

(B) The price for a hunting license is increased in an effort to reduce the number of hunters.

(C) A law is passed increasing the price of cigarettes in an effort to decrease secondhand smoke.

Explanation:

Hunting is a practice that governments are trying to control and decrease.  So if government want to decrease the amount of people hunting they should increase the price of the licence.

Smoking is unhealthy,  so the law increase the price for healthy reasons.  

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denis23 [38]

Solution :

In the context, it is given Alex and J.J. both are applying for a job openings in a law firm at Chicago. Both of them got the job offer but J.J. got lower salary than Alex. The salaries are different for both J.J and Alex. Some of the possible explanations for the difference in salaries that may be related to some scenarios are :

  • Alex went to higher tier law school  ----  difference in education
  • J.J. is reentering the workforce after two years away  ---  difference in experiences.
  • Alex will be working with a notoriously difficult boss  ---  compensating differentials.
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8 0
3 years ago
The increased use of the Internet presents a lot of potential for which types of businesses?
Sergeeva-Olga [200]

Answer:

Local businesses, SME's and International businesses

Explanation:

The era of the internet has provided the work to integrate and create more opportunities for the business to grow and improve. More importantly, the internet has created a pathway for small businesses, local businesses, and small businesses to grow and expand globally. The internet has also helped businesses to set up their operations globally and locally to attract more markets and consumers.

8 0
3 years ago
FCCLA's central focus is on the ________.​
Lana71 [14]

Answer:

variety of youth concerns

6 0
2 years ago
Alicia Tax Services paid $690 to settle an account payable. Which of the following general journal entries will Alicia Tax Servi
aleksandr82 [10.1K]

The general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

Based on the information given since Alicia Tax Services paid the amount of  $690 to settle an account payable which means that the appropriate journal entry to record the transaction will be:

Debit Accounts payable $690

Credit Cash $690

(To record account payable)

Inconclusion the general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

Learn more about account payable here:brainly.com/question/1347024

4 0
2 years ago
Person A earns $100,000 per year, while person B earns $45,000 per year.
USPshnik [31]
A is correct, sales tax is the same for everybody in a state, no matter the income. Hope this helps!
3 0
3 years ago
Read 2 more answers
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