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11111nata11111 [884]
3 years ago
12

An important social cost of economic growth is ____________.

Business
1 answer:
aleksandr82 [10.1K]3 years ago
5 0

Answer:

the destruction of jobs due to labor skills of certain workers becoming obsolete.                            

Explanation:

Social costs in economic thinking are the amount of the personal costs accrued as a component of an activity as well as the expenses levied on customers as a function of becoming subject to the activity in which they are not paid. That is the sum of private and institutional expenses, in other terms.

        Due to economic growth, demand has been rising for commodities leading to technology improvements which further leads to lower demands for labor and joblessness. However, majority  of the economists states that technological improvement only enhances employment opportunities and joblessness occurs for a temporary period.

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Which of the following is a characteristic of utility?
klasskru [66]

Answer:

It is synonymous with "usefulness".

It is subjective

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3 years ago
Joslyn Company manufactures metal brackets. The estimated number of metal bracket sales for the first three months of the curren
Alexus [3.1K]

Answer:

Production= 1,240 units

Explanation:

Giving the following information:

Sales:

February= 1,250

March= 1,200

Desired ending finished goods inventory is equal to 20 percent of the next month's sales.

To determine the production required for February, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 1,250 + (1,200*0.2) - (1,250*0.2)

Production= 1,240 units

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3 years ago
How can a business support the community​
Kryger [21]

Answer:

It can help in many ways one way being they can hold or help hold events in the community.

Explanation:

6 0
3 years ago
Read 2 more answers
The chief executive officers of the major U.S. steel makers would most likely be prosecuted under the antitrust laws if they Gro
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Agreed to work together to control the price of domestic steel.

The chief executive officers of the major U.S. steel makers would most likely be prosecuted under the antitrust laws if they agreed to work together to control the price of domestic steel.

<h3>What are the objectives of antitrust law?</h3>

The Sherman Act, the nation's first antitrust statute, was enacted by Congress in 1890 as a "comprehensive charter of economic liberty designed to maintain open and unhindered competition as the rule of commerce." The antitrust laws generally prohibit unauthorized mergers and business practices, leaving it to the courts to determine which ones are prohibited based on the specific facts of each case.

From the era of horses and buggies to the modern digital era, courts have applied antitrust rules to evolving marketplaces. Nevertheless, for more than a century, the antitrust laws have had the same fundamental goal: to safeguard the competitive process for the benefit of consumers, by ensuring that there are strong incentives for businesses to operate effectively, keep prices low, and keep quality high.

<h3>The three core federal antitrust laws:</h3>
  • Any "monopolization, attempted monopolization, conspiracy, or combination to monopolize" is prohibited by the Sherman Act, as is "every contract, combination, or conspiracy in restraint of trade."
  • The Sherman Act has harsh penalties that can be applied. The Sherman Act is a criminal law as well, and although the majority of enforcement actions are civil, anyone or any company that violates it may face legal action from the Department of Justice.
  • "Unfair techniques of competition" and "unfair or deceptive activities or practices" are prohibited by the Federal Trade Commission Act.

Learn more about antitrust laws here:

brainly.com/question/8431756

#SPJ4

5 0
2 years ago
The costs of bringing a corporation into existence, including legal fees and promoter fees, are called:
Novay_Z [31]

Answer:

organization expenses.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.

The costs of bringing a corporation into existence, including legal fees and promoter fees, are called organization expenses.

7 0
3 years ago
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