Economists argue that rent control is a highly efficient way to help the poor raise their standard of living. The statement is False.
<h3>What is Economists?</h3>
An economist refers an individual who possesses deep knowledge about the connection between the production that takes place with the help of resources and the output received to determine the growth.
Rent control is a highly efficient way to help the poor raise their standard of living is False. The quantity of legal rise would be limited by rent control, and most landlords support these rules.
Therefore, the statement is False.
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economists argue that rent control is a highly efficient way to help the poor raise their standard of living. True/False.
Answer: -0.5
Explanation:
Based on the information given, the price elasticity of demand will be calculated as follows:
= dQ/dP × P/Q
where,
dQ/dP = -1
P = 100
Q = 200 – P + 25 U – 50 P beer
Q = 200 - 100 + 25(8) - 50(2)
Q = 200 - 100 + 200 - 100
Q = 200
Therefore, dQ/dP × P/Q
= -1 × (100/200)
= -1 × 1/2
= -1 × 0.5
= -0.5
The price elasticity of demand is -0.5.
Answer:
$220,000
Explanation:
Calculation for What amount should Crane report as its December 31 inventory
Using this formula
Ending inventory =Goods costing on hand+Physical count of goods purchased+Goods sold
Let plug in the formula
Ending inventory = $180,000 + $20,000 + $20,000
Ending inventory = $220,000
Therefore the amount that Crane should report as its December 31 inventory is $220,000
Answer:
(c) Operations management
Explanation:
Operations management :
Operations management is the organization of strategic policies to make the most elevated level of proficiency conceivable inside an association.
It has more focus about changing over materials and work into products and enterprises as proficiently as conceivable to augment the benefit of an association.
It includes taking advantage of your organization assets. These can include your workers innovation ,gear and so on.
A firm that markets products with high value (like electronics) would likely have a limited number of centrally located warehouses.
The main function of a warehouse is to store products or goods before moving them to another location. However, there may be some secondary storage features that expand your camping space.
The six basic warehousing processes include receiving, storing, storing, picking, packing and shipping. By optimizing these six processes, you can streamline your warehouse operations, reduce costs and errors, and achieve higher perfect order rates.
A warehouse is a physical location where inventory of goods is stored. By optimizing storage space and placing products in the right location in the warehouse, products can be tracked and shipped in a timely manner.
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