Answer:
C
Explanation:
The correct option is C :price to increase and the profits of firms in the market to decrease
This can be explained by the fact that, since it always been mandatory to possess a license in order to work in a particular market. This certainly reduces the competition in the market and thus, the prices would increase; therefore, as the firms have to pay for licence thus would reduce the profits of firm.
Answer: An extremely formalized organizational structure
Explanation:
From the question, we are informed that W.L. Gore & Associates is the inventor of path-breaking new products such as breathable GORE-TEX fabrics, Glide dental floss, and Elixir guitar strings.
The most likely to hinder its intention of fostering employee satisfaction, retention, and creativity will be an extremely formalized organizational structure. This is because the top level managers and those at the helm of affair typically make decisions.
A likely outcome of taxing the rich at a high percentage in order to <u>redistribute</u> income would be discouraged entrepreneurship and work.
Redistribution of income and wealth is the switch of earnings and wealth (which includes bodily property) from a few individuals to others through a social mechanism together with taxation, welfare, public services, land reform, monetary rules, confiscation, divorce, or tort law.
Income redistribution will lower poverty by way of lowering inequality if completed properly. However, it may not boost up the increase in any most important way, besides possibly by way of lowering social tensions springing up from inequality and allowing terrible human beings to devote more sources to human and physical asset accumulation.
Governments can play a position in growing or lowering profits inequality through taxes (e.g. tax exemptions) and transfers (e.g. allowances or subsidies). The Gini coefficient is the usual degree of inequality representing the earnings distribution of the populace within a given country.
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Answer:
Deposits in transit
Explanation:
A company's deposit in transit is the currency and customers' checks that have been received and are rightfully reported as cash on the date received, and the amount will not appear on the company's bank statement until a later date. A deposit in transit is also known as an outstanding deposit.
When there is a deposit in transit, the amount should be listed on the company's bank reconciliation as an addition to the balance per bank.