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Iteru [2.4K]
3 years ago
12

Challenges of self-employment.Explain in paragraph.

Business
1 answer:
rosijanka [135]3 years ago
8 0
Self employment is challenging for a number of reasons. From an accountability standpoint, you have nobody to answer to but yourself - but you also don't have anyone pushing you but yourself. From a financial standpoint, you are now responsible for many things that a traditional employer would handle (health insurance, taxes, retirement, etc). And while you are managing all of the logostical angles, you still need to manage to run your actual business.
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Option D

In the short-run, if there is a surplus in the market for a product, the rationing function of price can be expected to cause:  a decrease in the market price of the product.

<h3><u>Explanation:</u></h3>

When quantity provided surpasses quantity required, a surplus endures.  If the value goes up, the amount of necessitated goes downward. If the price drops, the quantity required raises. Price ceilings limit a price from growing beyond a particular level.

When a price ceiling is fixed under the equilibrium price, the amount required will pass quantity fulfilled, and excess demand or deficits will result. Price floors block a price from dropping below a reliable level. When a price floor is fixed beyond the equilibrium price, the measure supplied will exceed the quantity needed, and excess stock or surpluses will happen.

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