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Answer:
The quota system is not efficient since the total supply is less than the equilibrium quantity. This will produce a deadweight loss which equals the lost supplier surplus plus the lost consumer surplus. The deadweight loss s the area between the demand and supply curve, and between the imposed quota and the equilibrium quantity.
Graph 1 shows the market equilibrium while graph 2 shows the deadweight loss.
Answer and Explanation:
The computation of the ending inventory for the year 2021, 2022 and 2023 is shown in the attachment below
It is to be divided into two parts
1. Inventory converted to the base year in which the base year is considered by taking the cost index
2. Inventory converted to cash in which the inventory converted to the base year, cost index is considered so that the inventory converted to cash could come plus the value of the inventory using the LIFO method also comes
Ok so one of the biggest advantages would be a lower price but not only that if it is a newer car you wont have to pay the newer car fees you basically avoid them.<span />
Guaranteeing future dividends is considered to be an unfair or deceptive act known as misrepresentation.
Misrepresentation is a false or misleading statement of fact made by one party to another party during a negotiation that misleads the other party into entering into a contract.
Misrepresentation means making a false or misleading statement or any other misleading statement with the intent to mislead. It's a serious omission. Misrepresentation is one component of common law fraud and one source of fraud, including: B. Securities Fraud.
Learn more about misrepresentation here:brainly.com/question/5792449
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