Whom do price supports benefit and whom do<br> they hurt?

According to the textbook, government price controls fail because: A. they are not enforced. B. legislation cannot repeal basic

Morgarella [4.7K]

Answer:

The correct answer is letter "B": legislation cannot repeal basic economic motives.

Explanation:

Government price controls are regulations imposed by the central government of a country to set limits on prices of certain goods or services because of a surplus, shortage or simply to maintain the demand and supply of those products at their equilibrium level.

However, the demand for some of those products could be unpredictable because individuals could react in opposite directions even if the government has set rules against consumers' favor. <em>Customers' motives might not be always repealed by legislation</em>.

4 0

3 years ago

As the manager of Margarita Mexican Restaurant, you must deal with a variety of business transactions. Provide an explanation f

Shalnov [3]

Answer:

A. Debit Equipment and credit Cash.

You purchase equipment and you pay in cash.

B. Debit Dividends and credit Cash.

You paid cash dividends.

C. Debit Wages Payable and credit Cash.

You paid wages that you owed to your employees. Generally wages are paid at the end of the week and not all months end on a weekend. So you must record wages payable until you actually pay the wages.

D. Debit Equipment and credit Common Stock.

You received equipment in exchange for common stock.

E. Debit Cash and credit Unearned Revenue.

You received cash in advance for some food that you will deliver in the future.

F. Debit Advertising Expense and credit Cash.

You incurred in advertising costs and you paid them in cash.

G. Debit Cash and credit Service Revenue.

You sold meals and your clients paid you in cash.

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3 years ago

Fire Chief McGuire could see the problem from a mile away. Flames were leaping out of the old barn, blown by a west wind. Arrivi

EastWind [94]

Answer:

The correct answer is dominating.

Explanation:

Generally, different definitions of "social conflict" are offered, differences that call our attention to complementary aspects of the concept: For example, Stephen Robbins: "A process that begins when one party perceives that another has affected it negatively or that It is about to negatively affect some of its interests ”2 and that of Lewis A. Sew for whom the social conflict is a struggle for values and for the status, power and scarce resources, in the course of which opponents want to neutralize, damage or eliminate their rivals. A conflict will be social when it transcends the individual and comes from the structure of society itself.

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3 years ago

Select the correct texts in the passage.

saw5 [17]

Answer:

All of the given actions will certainly and definitely lead towards customer satisfaction except "letting a call last as long as possible to avoid other calls".

Explanation:

As Roberta is a customer service representative at a car rental company, she needs to understand, be empathetic, cooperative, considerate, polite and friendly with her customers in all cases all the time.

All of the actions;

Answering customer call promptly (Ultimately resulting in happy and satisfied customers, because customers will have to bear less time to waiting in queues because she can answer and handle as many as call as she can in a less time, consequently, more calls resulting in more number of satisfied customers)

Addressing customers with their names (Here, customer feel that company remembers them and take care of them, it gives a feeling that company knows them personally, therefore, they will more easy and thus satisfied at the end.

Resolving customer complaints in record time (She was awarded with customer service award because she resolved customer complaints in a record time. She got the award because she took very less time in handling and solving customer complaints, therefore more satisfied customers)

Going on a vacation (it will surely lead towards customer satisfaction (It will certainly and definitely leads towards having work-life balance; she will have a break and time to relax. When she will come back from the vacations, she will altogether be with a more focused and fresh mind, consequently, handling customers more efficiently and effectively)

Except

Letting a call last as long as possible to avoid other calls (because customers have to bear more wait for their turn, staying more time in waiting, will undoubtedly, make them frustrated) might make them unsatisfied.

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3 years ago

Chandra sues Martin for breach of contract. Both parties have completed discovery. Chandra now wants her attorney to file a mo

Vlada [557]

Answer:

Chandra should request her attorney to file a motion for summary judgement because both parties have past the pleading stage of litigation and they both have also completed discovery. Since enough evidence was gathered during discovery, then Chandra is entitled to judgement.

8 0

3 years ago

Whom do price supports benefit and whom do they hurt?