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Art [367]
2 years ago
14

What is true about hotel management companies?

Business
1 answer:
abruzzese [7]2 years ago
5 0

they generally manage hotels for a fee

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Taxes a distort incentives and this distortion causes markets to allocate resources inefficiently. b do not distort incentives,
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Answer:

Letter a is correct. Distort incentives and this distortion causes markets to allocate resources inefficiently.

Explanation:

What happens is that when rates rise, it causes an imbalance in supply and demand, because at higher rates companies are forced to raise prices to offset tax costs, so the pass-through of consumer prices discourages consumption and as a consequence of less consumption, production also decreases, causing the inefficient allocation of market resources.

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_________are places that sell merchandise from a single manufacturer, usually at lower prices than other retailers.
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Whole sailers sells at lower prices
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A. The Occupational Outlook Handbook


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