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Talja [164]
3 years ago
12

Give at least one example that you believe demonstrates when the cost of government actions outweighs the benefits.

Business
1 answer:
Dovator [93]3 years ago
7 0

Answer: The creation of a government set price for gasoline by ni government.

Explanation:

In 1970 president Nixon inteoduced a soft artificial price ceiling on gasoline in the United States. This was as a result of the OPEC crisis of 1970s. It is a good example of scenerios where the cost of government action outweighs the benefits. this was due to the creation of the government-set price which would cause the quantity demanded to be more than the quantity supplied because gasoline was cheaper now.

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The chattanooga furniture store gets an average of 72 72 customers per shift. marilyn​ helms, the​ manager, wants to calculate w
madreJ [45]

Answer:

3 Sales people

Explanation:

The calculation of total cost per shift is shown below:-

                    1st sales         2nd sales           3rd sales            4th sales

                      person             person              person               person

Average Waiting

Time               10 minutes     6 minutes        3 minutes          2 minutes

Total waiting

Cost                  $720                $432                $216                 $144

                 (72 × $1 × 10)    (72 × $1 × 6)        (72 × $1 × 3)      (72 × $1 × 2)

Add: Total labor

Cost                   80                    $160                  $240                $320

                      ($80 × 1)            ($80 × 2)            ($80 × 3)         ($80 × 4)

Total cost          $800               $592                  $456                $464

Thus, 3 servers have the lowest cost, so that the overall cost per change with 3 Sales people is chosen.

7 0
3 years ago
Tootsie Roll Industries is engaged in the manufacture and sale of candy. Major products include Tootsie Roll, Tootsie Roll Pops,
kolezko [41]

Answer:

Matching the financial statement items to financial statement categories:

Financial Statement Items                          Financial statement

a. Notes payable to banks                             Liability (L)

b. General and administrative                       Expense (E)

c. Accounts payable                                       Liability (L)

d. Dividends payable                                      Liability (L)

e. Retained earnings                                       Shareholders' equity (SE

f. Cash and cash equivalents                        Asset (A)

g. Accounts receivable                                  Asset (A)

h. Provision for income taxes[1]                     Expense (E)

i. Cost of goods sold                                     Expense (E)

3 0
3 years ago
Which of the below statements is inaccurate?
Nataliya [291]
Answer c is the most inaccurate
3 0
3 years ago
The main purpose of project plans is to:__________ a. define project scope b. guide project execution c. schedule management pla
Llana [10]

Answer:

b, guide project execution

Explanation:

The main purpose of project plans is to guide project execution from start to finish. Project plans are formal, approved documents that is put together that details the processes, steps, resources, etc that is needed to bring a project to life. Project plans is also useful for project control.

Cheers.

3 0
3 years ago
In the new department she is setting up, Shondra decides that top managers will report to her and that everyone else will report
Oksi-84 [34.3K]

Answer:

a) planning

Explanation:

Shondra performing the planning process of management functions. Planning means, first of all looking ahead and chalking out future courses of activity to be followed by each and every member of an organization as here Shondra is setting up a new department soon after she is chalking out future courses of duty of the manager and every member of the particular department which is very important for the smooth and effective running of an organisation.

5 0
3 years ago
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