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solong [7]
3 years ago
6

What is competition policy and what are the roles?

Business
1 answer:
andrey2020 [161]3 years ago
7 0
For example, competition policy includes regulatory reform policy which eases market entry barriers and guarantees equal business opportunities to market participants; injecting market principles into the process of privatization of state-run enterprises; playing the role of competition advocate in order to ensure .
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Given the following data, what is the dollar amount of beverage sales? Food cost: $175,000 Beverage cost: $50,000 Total sales: $
nignag [31]

Answer:

$160,000

Explanation:

If the beverage sales represent 20% of the total sales, to find out the dollar amount of beverage sales, all we need to do is multiply the total sales x 20%:

beverage sales = $800,000 x 20% = $160,000

food sales = total sales - beverage sales = $800,000 - $160,000 = $640,000

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3 years ago
For policymakers the problem with a recessionary gap is _____ and the problem with an expansionary gap is _____.
Verizon [17]

Answer:

The correct answer is option B.

Explanation:

A recessionary gap implies that the resources are not being fully utilized. This means resources are being wasted.  

An expansionary gap, on the other hand, means that the economy is producing at more than potential level. The price level at this point is high. There is a tendency for inflation to develop in this situation.  

To curb the recessionary gap the economy can adopt the expansionary fiscal and monetary policy. While to curb expansionary gap, contractionary monetary and fiscal policy can be adopted.

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4 years ago
Which would be an example of pattern in a photograph or piece of art?
makkiz [27]

Answer:

a geometric shapes such as the a pyramid

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3 years ago
__________ is the norm for approximately 90 percent of the world's population.
natulia [17]
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Economist george stigler once wrote that, according to consumer theory, “if consumers do not buy less of a commodity when their
lyudmila [28]
George Stigler is a known American economist and according to his theory the Consumer theory, he quoted that <span>“if consumers do not buy less of a commodity when their incomes rise, they will surely buy less when the price of the commodity rises.” This means that when consumers do not purchase a certain product even if their incomes increases, that is considered normal, but when the product increases in value, we can expect that these consumers will buy less of the product.</span>
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3 years ago
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