The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because
a) if the maximum price is less than the equilibrium price, then it will cause a shortage in supply.
b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.
<h3>What is Economy?</h3>
An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.
The economy of a country or region is the system by which money, industry, and trade are organized.
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The appropriate response is sales revenue. Revenue is the measure of cash that an organization really gets amid a particular period, including rebates and conclusions for returned stock. It is the "best line" or "gross pay" figure from which costs are subtracted to decide net salary.
Answer:
Effectiveness
Explanation:
Organizational effectiveness shows the extent to which resources have been efficiently managed to produce intended results.
Efficiency has to do with maximal uses of resources available (i.e input versus output) while effectiveness show whether desirable outcomes have been achieved i.e whether organizational objectives are being achieved.
I believe it’s A I hope this helps!
