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masya89 [10]
3 years ago
13

List the advantages and disadvantages of regulation and deregulation

Business
1 answer:
zaharov [31]3 years ago
8 0

<u>Answer:</u>

Deregulation is the phenomenon wherein governments signal their intention to leave the market economy to the market forces and not stifle it and constrain it with myriad laws, rules, and regulations. Deregulation entails overseeing and supervising the economy in a manner that would be a hands-off approach combined with oversight over its functioning related to legal and compliance aspects alone. In other words, deregulation means that the governments do not interfere with the businesses in a day-to-day manner and act only when specific complaints against businesses are brought before them. Farther, deregulation also means that governments do not set prices or put in motion price controls leaving the process of determining the best pricing to the market forces of demand and supply. Deregulation has been in vogue in emerging markets or the developing countries ever since the 1990s when these markets began to globalize their economies and open them up to the foreign competition as well as liberalize their economies so that domestic firms can compete without the heavy hand of the state. This response means that instead of the heavy hand of the state, markets are left to work according to the invisible hand of the market economy.

<u>Explanation:</u>

hope this helps you :)

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The auditors of Steffey Ltd., decided to study the cash receipts and disbursements for the month of July of the current year und
creativ13 [48]

Answer:

                                     Bal. June 30   Receipts    Disbursements    Bal. July 31

Balance per Bank            355,001          835,846       684,747             506,100

Deposit in Transit

June 30                              86,899         -86,899

July 31                                                       51,240                                     51,240

Outstanding Checks

June 30                               42,690                               -42,690              

July 31                                                                               73,340             73,340

Unrecorded Receipts                              -150,000                                 -150,000  

Unrecorded Disbursement                                            -150,000          -150,000

Balance per Books          399,210         650,187          565,397           484,000

3 0
3 years ago
In Poland's free-market, Felix Siemienas is making a fortune in cold cuts. Prices are much higher than formerly. Siemienas says,
rjkz [21]

The correct answer would be, The Law of Demand.

Prices are much higher than formerly. Siemienas says, 'Yes my prices are high, if nobody buys, i bring my prices down. This is the market rule'. This rule best describes The Law of Demand.

Explanation:

In the field of economics, there are two basic concepts of Demand and Supply.

According to The Law of Demand, When the price of the good or service increases, the demand for that product or service decreases, and if price of the good or service decreases, the demand for that product or service increases, keeping all other factors constant.

So this is what Siemienas says that if the demand for his product will decrease, he will decrease the price of the product in order to maintain the sales of his company.

Learn more about The Law of Demand at:

brainly.com/question/1222851

#LearnWithBrainly

3 0
3 years ago
Facing stiff competition in the e-reader market, Sumac Industries wants to protect its competitive advantage by increasing the p
azamat

Answer:Highlight celebrities who use Sumac e-readers.

Explanation:

According to the question, due to tough competition in market regarding the e-reading product , Sumac industries wants that they can have superior position in e-reader market than other e-reader business organizations.Thus,they want a secure position for their company.

A good strategy for maintaining their position can be done through putting spot-light on the celebrity users of Sumac e-reader.This will be highlighted among celebrity fans or followers and general customers. It will promote or inspire people to purchase Sumac e-reader more as celebrities are using their product.

6 0
3 years ago
According to the following table, which of these factors affects your credit
Ludmilka [50]

Answer: New credit

Explanation:

8 0
3 years ago
What factors make tax rules so complicated?
Alik [6]

Answer:

Hello!!! erz here ^^

Explanation:

Almost everyone agrees that the current tax system is too complicated, yet almost every year the system gets more complex, not less. Why? Tax simplicity almost always conflicts with other policy goals.

For example, the simplest—and least distorting—tax is a head tax, a fixed-dollar tax on everyone. But a head tax would be unfair, taking no account of differences in the incomes and needs of individuals, families, and businesses.

Most people believe taxes should be fair, conducive to economic prosperity, and enforceable, as well as simple. But even people who agree on these goals often disagree about the relative importance of each. As a result, policies usually represent a balance among competing goals, and simplicity often loses out to other priorities.

For example, most countries tailor tax burdens to individual taxpayers’ characteristics. That can make taxes fairer, but more complex. Income has to be traced from businesses to individuals. Individual characteristics such as marital status and number of dependents, as well as the composition of expenditures or income, have to be reported and documented. These conflicting objectives appear to be especially relevant in the current tax code, where the desire to reduce tax burdens for particular groups have added significant complexity.

Politics compounds the complexity. Interest groups—and thus politicians—support tax subsidies for particular activities. And these targeted subsidies inevitably complicate the tax system by creating distinctions among taxpayers with different sources and uses of income.

The current tax law was not enacted all at once but is a result of numerous provisions added or subtracted in multiple tax bills. Often Congress designs legislation under self-imposed constraints, such as short-term revenue goals or effects on the distribution of tax burdens among income groups. The result is that tax incentives are often designed in complex ways to limit the revenue losses or benefits to high-income taxpayers or to prevent their use by unintended beneficiaries.

Annual reports by the National Taxpayer Advocate have presented proposals for simplifying the tax code, including reforms of education incentives, retirement incentives, child benefits, and the alternative minimum tax.

8 0
3 years ago
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