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barxatty [35]
3 years ago
14

7. Identifying costs of inflation

Business
1 answer:
Kobotan [32]3 years ago
6 0

Answer:

C. Shoesleather costs

Explanation:

Shoe-leather costs refer to the time, energy and effort people take such as holding less amount of money and going to the bank quite often to make deposits in order to counteract the effect of inflation on the eroding purchasing power of money.

In order to prevent the value of money in her cash register from falling too quickly, Juanita sends an employee to the bank four times per day to make deposits in an interest-bearing account that protects the store's revenues from the effects of inflation.

Hence, this is an example of the Shoes-leather costs of inflation.

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Japan and other market-based economies enjoy economic growth, but also face greater risks due to:.
OLEGan [10]

Japan and other market-based economies enjoy economic growth, but also face greater risks due to deregulation.

As we can see some other countries which face slowing down in 2008. They also made some deregulation in the economy. Japan is a developed economy and has greater potential.

An example of deregulation would be if the authorities removed this regulation. So human beings are loose to put on or not put on the seatbelt without the chance of punishment. This additionally extends into the commercial enterprise international. For instance, the removal of the minimum wage might be an example of deregulation.

Deregulation is the elimination or reduction of government regulations in a specific enterprise. The goals are to permit industries to function as agencies more freely, make decisions efficaciously, and remove corporate restrictions.

Some argue that deregulation promotes economic increase by making it less complicated for agencies to do enterprise, growing loose-market opposition, and decreasing costs. Others point out that an excessive amount of deregulation can damage clients and their surroundings. Rules for agencies exist at each degree of the presidency.

Learn more about deregulation here brainly.com/question/4676885

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8 0
2 years ago
Jenner works for a mountain bike manufacturing company. His company is being sued by hundreds of customers who have been injured
liberstina [14]

The law suit that The customers are going to give here is based on the product liability.

<h3>What is a product liability?</h3>

This is a suit that is made against a company due to the fact that they allowed a defective good to be bought by a consumer.

The company is being sued due to the fact that the customers are injured fron the defective bicycle.

Read more on product liability here: brainly.com/question/25754997

8 0
3 years ago
Flint Corporation issued 700 shares of no-par common stock for $7,800. Prepare Flint’s journal entry if (a) the stock has no sta
Masja [62]

Answer:Flint corporation journal $

Date

1. Bank account Dr 7800

Common stock Or. 7800

Narration. Issuance of 700 ordinary stock for $7800 .

2. Bank account Dr 7800

Common stock Cr. 1400

Share premium. 6400

Narration. Issuance of 700 ordinary at $7800 at a premium.

Explanation:

Shares can be issued at par, premium or discount. When it's issued at it's nominal value it's said to be issued at par, when it's issued above it's nominal value it's said to be issued at a premium and when it's issued below par it's said to issued at a discount.

4 0
3 years ago
Read 2 more answers
The term economies of scale refers to the fact that as the:
frutty [35]

Answer:

quantity of product produced in a given period increases, the cost of manufacturing each unit decreases

Explanation:

Economies of scale happens when the average total cost (variable + fixed production costs per unit) decreases as total output increases. This generally takes place because fixed costs are the same for a small number of units produced or a large number of units produced, so the average fixed cost per unit tend to decrease as more units are produced (at least up to certain point). Variable production costs per unit can also decrease as total output increases since materials might be purchased in larger quantities resulting in higher discounts or labor productivity increases.

7 0
3 years ago
Ginny, a licensee, uses a preprinted contract in Tim's purchase of a new loft apartment. There is a discrepancy in the contract
777dan777 [17]

Answer:

The handwritten clause generally supersedes the preprinted clause.

Explanation:

5 0
3 years ago
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