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pantera1 [17]
3 years ago
12

Why do economists generally favor deregulation of most industries?

Business
1 answer:
Kazeer [188]3 years ago
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) 


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Account got deleted! Add me!!
Step2247 [10]

Answer:

The descriptions that best characterize the young Dr. Jekyll include the following:

1.  -He was famous.

2.  -He was rich.

3.  -He was in excellent shape.

Explanation:

He was an eccentric Dr who was researching on the possibility of discovering a drug that will help mankind. During his research, he noticed that, when ever he take a particular drug, it alters his personality and body which would bring out the darkest thoughts in him.

<em>The more he took the drug, the more him slips into darkness and destruction which always makes him sober after transforming back to his normal personality.</em>

4 0
3 years ago
In economics, who must make the goods and services that exist?
Naily [24]

Businesses/producers make the goods and services that exist in the economy. Producers create goods or services that are available for consumers to purchase so that they are making a profit. Consumers need to be interested in the goods or services available so that the companies stay in business and help drive the economy.

8 0
3 years ago
Read 2 more answers
The short-run aggregate supply curve is positively sloped because:
Varvara68 [4.7K]

Answer:

(D) higher prices lead to higher profit and higher output.

Explanation:

When the price increase, the profitability of the firm increase, therefore firm produces more at high price. Hence at high price output increase. This is the reason why SRAS curve is positively sloped.

4 0
3 years ago
Assume Atlantic Fish sells 3,200 pounds of fish per month at a price of $2.90 a pound. The variable cost per pound is $2.22. Cur
blsea [12.9K]

Answer:

The break-even level of sales is equal to 3372.64 pounds.

Explanation:

The quantity of fish sold per month is 3,200 pounds.

The price of fish is $2.90/pound.

The variable cost per pound is $2.22.

The monthly required return is 1.2%.

Contribution per unit will be

=Selling Price-Variable Cost

=$2.9-$2.22

=$0.68 per unit

Loss on account of changing to net 30 policy

=Quantity*Selling Price*required return

=Quantity*$2.9*1.2%

To break even, excess Contribution should be equal to loss on policy change

or,

Here, we assume quantity to be X

(X-3200)*$0.68 = X*$2.9*1.2%

(X-3200)*19.54= X

18.54X=$62,528.74

X=\frac{62,528.74}{18.54}

X=3372.64 pounds

3 0
3 years ago
The following production data were taken from the records of the Finishing Department for June:
Vikki [24]

Answer:

The number of equivalent units of production in the June 30, Finishing Department inventory is 575 units.

Explanation:

In order to calculate the number of equivalent units of production in the June 30 Finishing Department inventory, we would have to use the following formula:

Equivalent unit of production = (Beginning WIP*percent completion)+Unit started and completed+(Ending WIP*percent completion)

5,200 = (1,500*75%+3,500)+X

5,200 = 4,625+X

X(Equivalent unit of ending WIP) = 5,200-4,625 = 575

The number of equivalent units of production in the June 30, Finishing Department inventory is 575 units

3 0
3 years ago
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