All categories

2 years ago

Why do economists generally favor deregulation of most industries?

1 answer:

8 0

Sorry this description is a bit confusing but i couldn't really think of a way to phrase it properly :)

most economists believe that deregulation has the potential to be helpful because the fact that things aren't regulated by the government increases competition in people selling the same wares, which normally ends up lowering the price of that specific good and/or improving the quality of the good drastically (which means more people will be buying, it whatever it may be, which is good for the economy)

You might be interested in

In what ways do people cope with the problem of scarcity (5 sentence)

lianna [129]

There are three ways to cope up with the problem of scarcity:

a. Economic growth.

b. Improvement of use of available resources.

c. Reduction of wants.

Explanation: Economic growth mean the ability if an economy to produces products and services. Using the products wisely can improve the usage and helps in saving the resources. Society can improve the use their existing or available resources in order to reduce the scarcity by: Efficiency in productivity, efficient allocation of resources, full employment with minimum wastage and equity.

7 0

3 years ago

One way in which you lose financially when buying a new car is

ivanzaharov [21]

A I’m not doing this but pretty sure A

7 0

2 years ago

You're responsible for managing your company's social media accounts. your colleague tells you about how a lot of businesses are

Ann [662]

If the pinterest account is helpful in promoting the content of the company and it is reliable for having to give a high reputation of the company that I would put into consideration the offer of my colleague if it meant of having to promote the company's name and reputation.

4 0

3 years ago

Sarai spends her day checking through boxes of built product to ensure accuracy in production. She makes sure there is enough pr

kondaur [170]

<h2>Quality controller or Quality Checker is the job title of Sarai.</h2>

Explanation:

The role of QC is

To check whether the product is delivered with the expected quality
To check for expectations and complaints from the customer
Look for new policy changes and compare that with the day today production.
Reads blue prints and specification of the product
Monitors operations
Inspects and test the product
Identify re-works and again continue the process of QC
Accept or reject the finished good

6 0

3 years ago

Read 2 more answers

A company produces a single product. Variable production costs are $12.90 per unit and variable selling and administrative expen

Scrat [10]

Answer:

$10,965

Explanation:

Computation for the dollar value of the ending inventory under variable costing

First step is to find the Units in ending inventory

Using this formula

Units in ending inventory = Units in beginning inventory + Units produced−Units sold

Let plug in the formula

Units in ending inventory= 0 units + 4,900 units−4,050 units

Units in ending inventory = 850 units

Last step is to find the Value of ending inventory under variable costing

Using this formula

Value of ending inventory under variable costing = Unit in ending inventory × Variable production cost

Let plug in the formula

Value of ending inventory under variable costing= 850 units × $12.90 per unit

Value of ending inventory under variable costing = $10,965

Therefore the dollar value of the ending inventory under variable costing would be $10,965

6 0

3 years ago