Answer:
<em>Necessary to protect consumers from harmful products</em>
Deadweight loss is a type of economic inefficiency when a good or service is not at its economic equilibrium (where supply equals demand). This loss may be experienced because of a tax or subsidy, or because of market power, such as a monopoly. Economists refer to deadweight loss when they want to show the negative effects of certain policy decisions that are less than optimal.
Answer: Change in lifestyle
Explanation:
The lifestyle of current day mom's is very different from what was obtainable in the past, therefore manufacturers need to adjust their products to suit the new lifestyle of current day mom's. Lifestyle here means the behavior, likes and dislikes of current day mom's.
Answer:
0.0075 rugs per dollar
Explanation:
(b)
Total labor cost:
= 520 hours × $15 per hour
= $7,800
Total solvent cost:
= 100 gallons × $5 per gallon
= $500
Total machine rental cost:
= 22 days × $75 per day
= $1,650
Multi-factor productivity:
= Number of rugs ÷ (Total labor cost + Total solvent cost + Total machine rental cost)
= 75 ÷ ($7,800 + $500 + $1,650)
= 75 ÷ $9,950
= 0.0075 rugs per dollar
Answer:
language barriers
Explanation:
Since in the question, it is mentioned that there is excessive use of jargon which results in difficulty to understand what the speaker wants to communicate and due to which it becomes harder to her to follow his presentation.
Here jargon means unique words which unable to understand by the group of people
Therefore this is a language barrier during the seminar
