Answer:
Quota
Explanation:
Government uses various methods to intervene in markets.
Price regulation or price control is done through various tools like - Price Ceiling & Price Floor. Price Ceiling & Price Floor are maximum & minimum mandated prices by government respectively.
However, Price regulation tools have an indirect impact on Market Quantities, so government may also use direct quantity regulative tools. Quota is a quantitative restriction, specifying maximum limit of good that can be sold, exported or imported. Eg : Quotas are used as maximum import limits in international markets , as a non tariff (non tax barrier)
Answer:
The correct answer is: High level of job involvement.
Explanation:
Job involvement refers to the voluntary interest employees have for the job position they have at work. It is typically the result of individuals playing roles they like or that represent part of their self-realization. Job involvement is not only intrinsic but can also be acquired by a different set of practices.
Answer: Area preference.
Explanation:
According to the question although the initial value of both Allen and Lewis property were similar, the siting of Lewis' condo makes it more valuable than Allen's, because it is closer to the city center. Therefore the economic characteristic at play in the question is that of area of preference, that's what separate the value of both properties.