Thta is true. Radical innovation has a significant effect on the market and on the economic activity of the firms in the market. Something that is false about radica innovation is that are evolutionary applications of novel ideas within existing paradigms and that is not true. We can say that this innovation <span>is an invention that destroys or supplants an existing business model.</span>
Self-regulatory practice is like serving Lion 50gms of meat after 10 days without any protection.It will go for a kill and Government intervention is highly required. Buying consumer goods,land and property, corporation and technology and locomotive.It is for working class, middle class , lower middle class.
Explanation:
- Self-regulatory is related to one human mind taking decision.
- In psychology it was always proven each human behavior.
- Is to dominate the other human irrelevant of there kindness.
- Business run by single owner mostly dont pay suppliers, employees well.
- If government steps in policies could be balanced for all the people.
- Government works on decision by multiple people.It does not...
- Single mind taking a decision.Consumers are cheated most of the time.
- Regulators body taking steps to curb the owners of business.
- Example Ray kroc shuck hands with real owners of MC donalds that....
- He would give royalty on a yearly basis but there was no paper work.
- Of Government just a handshake they never got Royalty.
Answer:
The book value of a share of Simple stock is $18 per share
Explanation:
The computation of the book value of a share is shown below
Book value per share = (Total equity) ÷ (number of shares)
where,
Total equity = Total issued shares value + retained earnings
= $25,000 + $47,000
= $72,000
And, the number of shares is 4,000 shares
Now put these values to the above formula
So, the value would be equal to
= $72,000 ÷ 4,000 shares
= $18 per share
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Answer:
d. supply is elastic and demand is inelastic
Explanation:
Deadweight loss is loss in efficiency as a result of tax.
Deadweight loss is when the quantity demanded or supplied falls as a result of tax. When tax is imposed on a good or service, the price of purchasing it increases which discourages purchase. If tax is imposed on production of a good or service, producing the good becomes expensive and production falls.
Demand is inelastic if a change in price has little effect on quantity demanded.
Supply is inelastic if a change in price has little effect on the quantity supplied.
If tax is imposed on a good with either inelastic supply or demand, deadweight loss would be low.
I hope my answer helps you