A flawlessly aggressive corporation is a fee taker, this means that that it ought to take delivery of the equilibrium fee at which it sells goods.
The required details for Equilibrium in given paragraph
Equilibrium is the country wherein marketplace deliver and call for stability every other, and as a end result fees end up stable. Generally, an over-deliver of products or offerings reasons fees to go down, which ends up in better call for—even as an under-deliver or scarcity reasons fees to move up ensuing in much less call for. The balancing impact of deliver and call for consequences in a country of equilibrium. A marketplace is stated to have reached equilibrium fee whilst the deliver of products fits call for. A marketplace in equilibrium demonstrates 3 characteristics: the conduct of marketers is consistent, there aren't any incentives for marketers to alternate conduct, and a dynamic method governs equilibrium outcomes. There are numerous varieties of equilibrium utilized in economics. Disequilibrium is the other of equilibrium and it's miles characterized through modifications in situations that have an effect on marketplace equilibrium.
In reality, markets are in no way in ideal equilibrium, even though fees do have a tendency in the direction of it.
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if fixed costs were 20 instead of 12, how would that change affect average variable costs and marginal costs
if fixed costs were 20 instead of 12, how would that change affect average variable costs and marginal costs? in reality this would not change
Production costsVariable costs are those costs that can vary depending on the amount of goods or services that a company produces. This means that the higher the volume of production, the higher the value of variable costs
Marginal costs represent the increase in production costs due to the production of more units of a product. It is also known as the marginal cost of production, calculating marginal costs allows companies to see how the volume of production affects costs and therefore profits.
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rically, demand has averaged 8321 units with a standard deviation of 109. the company currently has 8332 units in stock. what is the service level?
The service level for the units of goods is 53.983%.
Service level describes, typically in measurable terms, the services provided by a network service provider to a customer over a given time period. Service level is a call center metric that measures the percentage of incoming calls that an agent answers live in a given amount of time.
A system's performance is measured by its service level. Certain goals are defined, and the service level indicates the percentage of those goals that should be met. The fill rate varies depending on the service level. Service level examples: The proportion of calls answered in a call center.
Mean Demand = 8321
Standard Deviation = 109
In Stock = 8332
Z value will be:
= In stock - Mean Demand / Standard deviation
= (8332 - 8321) / 109
= 0.1
For Z = 0.1, Service level = a little less than 55% since for 55% service level, Z value = 0.13.
Hence, the answer is 53.983%.
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on december 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: accounts receivable, debit balance of $97,200; allowance for doubtful accounts, credit balance of $961. what amount should be debited to bad debts expense, assuming 5% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?
The bad debt expense is of the company for the current year is $ 1,941.
What is bad debt?A bad debt, also known as uncollectible accounts expense, is a sum of money owed to a creditor that is likely not going to be paid and for which the creditor is not willing to take action to collect for a range of reasons, frequently because the debtor does not possess the money to pay, for example because a company is going out of business or is insolvent. There are a variety of technical definitions of what a bad debt is, depending on accounting procedures, legal management, and the institution providing. Accounting sources state that a provision for bad debts or the full amount of a bad debt should be recorded in the profit and loss account as soon as it is known that it will occur.
Dr Bad Debt Expense $ 1,941
Cr Allowance for Uncollectible Accounts $ 1,941
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In a study session, your friend says, "Demand is elastic if the percentage change in the price exceeds the percentage
change in quantity demanded." Is your friend correct?
If the share alternate in amount demanded is more than the share alternate in fee, call for is stated to be fee elastic, or very conscious of fee adjustments.
The required details for price elasticity in given paragraph
A good's fee elasticity of call for (}">}, PED) is a degree of ways touchy the amount demanded is to its fee. When the fee rises, amount demanded falls for nearly any good, however it falls greater for a few than for others. The fee elasticity offers the share alternate in amount demanded while there's a one percentage growth in fee, keeping the whole thing else constant. If the pliancy is −2, meaning a one percentage fee upward push results in a percentage decline in amount demanded. Other elasticities degree how the amount demanded adjustments with different variables (e.g. the earnings elasticity of call for for patron earnings adjustments). Price elasticities are bad besides in unique cases. If an excellent is stated to have an elasticity of 2, it nearly continually way that the coolest has an elasticity of −2 in keeping with the formal definition.
The phrase "greater elastic" way that an excellent elasticity has more magnitude, ignoring the sign. Veblen and Giffen goods are training of products that have fantastic elasticity, uncommon exceptions to the regulation of call for.
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in baum v. helget gas products, inc., what was the outcome of the handwritten notes that were claimed to comprise an employment contract?
Handwritten notes can be considered a legally binding employment contract. This was the outcome in the baum v. helget gas products, inc., regarding handwritten notes.
What do you know about employment contract?
A contract of employment is commonly defined as a "contract of service." Historically, a contract of service was distinguished from a contract for the supply of services, with the expression changed to imply the distinction between someone who is "employed" and someone who is "self-employed." The dividing line's purpose is to grant rights to certain types of people who work for others. This could include the right to a minimum wage, holiday pay, sick leave, a written contract, the right to organise in a union, and so on. The assumption is that people who are truly self-employed should be able to manage their own affairs.
So, The Handwritten notes can be considered a legally binding employment contract.
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thomas longbow is the only employee of presido, incorporated during the first week of january, longbow earned $2,000.00 and had federal and state income tax withholdings of $100.00 and $37.50, respectively. fica taxes are 7.65% on earnings up to $132,900. state and federal unemployment taxes for the period are $125.00 and $20.00, respectively. what is presido's payroll tax expense for the week?
Presido's payroll tax expense for the week is $282.15.
What is tax?Tax is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. The two most common types of taxes are income taxes and sales taxes. Income taxes are based on the taxpayer’s income and are typically paid annually. Sales taxes are based on the purchase price of goods and services and are typically paid at the time of purchase. Other taxes, such as property taxes, are based on the value of property owned by the taxpayer and are typically paid annually.
Taxation is an important source of revenue for governments, enabling them to fund public services and meet their financial obligations
This includes the federal and state income tax withholdings of $100.00 and $37.50, respectively, as well as the FICA taxes of $45.15 (7.65% of $2,000), the state unemployment tax of $125.00, and the federal unemployment tax of $20.00. The total payroll tax expense can be calculated as follows:
$100.00 (federal income tax withholdings) + $37.50 (state income tax withholdings) + $45.15 (FICA taxes) + $125.00 (state unemployment tax) + $20.00 (federal unemployment tax) = $282.15
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positions such as justice of the peace and county tax assessor are important to a functioning democracy. True or False?
Positions such as a justice of the peace and county tax assessor are important to a functioning democracy.
This statement is True.
A tax assessment or valuation is the task of determining the value and sometimes use of property, usually to calculate property taxes. This is usually done by a firm known as an assessor or tax assessor. Governments need to collect taxes to function.
An appraiser is a local government official who assesses the value of real property within municipal boundaries. This value is converted into a tax valuation that is part of the property tax invoice calculation.
A surveyor is an expert in a subject and is specifically called upon to advise a court on that subject. Two judges and his jury of six sentenced White to life in prison.
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The cost of a building includes ______.
maintenance
purchase price
renovation costs
fire Insurance
realtor commissions
The cost of a building includes realtor commissions.
What is realtor commissions?Real estate commission is referred to as a payment made to real estate agents in exchange for their services in representing property purchasers and sellers. This charge often represents a percentage of the final sale price. Although it is not required by law, it is common for the seller to pay the commission. 5 to 6 percent of the sale's value is the average commission rate; some real estate agents additionally charge a service fee, but this is uncommon.
The commission earned will therefore be $50,000 to $60,000 if the house you purchase costs $1,000,000. Nevertheless, it won't precisely go to a single realtor.
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venkat ram purchased a pair of dress shoes in italy for 131.25. if the spot exchange rate is 1,5621, what did the shoes cost in dollars
The cost of shoes in dollars is calculated to be $205.03 if the spot exchange rate is $1.5621/€
An exchange rate is a term used in finance that can be defined as the rate at which one currency will be exchanged for another currency.
In this case; the cost of the shoes can be determined by using the following formula;
value of item in € × currency exchange rate = cost in dollars
Since the value of the shoes in € is 131.25 and the exchange rate is $1.5621/€; therefore substituting these values in the equation as follows;
cost = 131.25 x 1.5621 = $205.03
Hence $205.03 is calculated to be the cost of the shoes.
Although a part of your question is incorrect, you might be referring to this question:
Venkat ram purchased a pair of dress shoes in Italy for € 131.25. if the spot exchange rate is $1.5621/€, what did the shoes cost in dollars?
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a local club plans to invest $10000 to host a baseball game. they expect to sell tickets worth $20598. but if it rains on the day of game, they won't sell any tickets and the club will lose all the money invested. if the weather forecast for the day of game is 20% possibility of rain,what is the expected value of investing in the baseball game?
Given the possibility of rain, the expected value on a baseball game investment is $14478.40
The expected value of an investment displays the amount that an investor can anticipate receiving based on the potential outcomes and the likelihood that these outcomes will occur.
The business will forfeit all of the funds invested in the baseball game if it rains. However, if it doesn't rain, they may sell $20, 598 worth of tickets.
This baseball game's projected return on investment is= (Rainfall Losses x Rainfall Probability) + ( Probability of no rain x Ticket sales if no rain)
= (20 % x - 10, 000) + ( (1 - 20 %) x 20, 598)
= - 2, 000 + 16,478.40
= $14, 478.40
Therefore , the expected value of investing in the baseball game would be $14, 478.40
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(co 3) ahima has created 8 principles to help organizations create within their organization?
According to AHIMA, availability, accessibility, integrity, protection, compliance, retention, and disposition should apply to all information in healthcare organizations.
What are the AHIMA's information governance guiding principles?The eight concepts of accountability, openness, authenticity, protection, compliance, accessibility, retention, & disposition can be utilized to control information across all organizational types, despite the healthcare sector's particularities.
What are the guidelines for AHIMA record-keeping?Information on state laws and AHIMA requirements AHIMA has established the following retention guidelines as a matter of professional conduct: The statute of limitations plus 10 years are the retention periods for minor health records, 10 years are the retention periods for fetal heart monitor records, 10 years are the retention periods for disease, operative, and physician indexes, five years are the retention periods for diagnostic images like x-ray films, and ten years are the retention periods for master patient indexes, registers of births, deaths, and surgical procedures.
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last week you welcomed a new employee into your unit. over the past week you have determined that he has not been well trained and has very little experience in the field. based on what we learned from behavioral leadership theories, what would be the most effective approach to leading in this situation?
The most successful behavioral leadership style is regarded as sound leadership. Usually, it is challenging to put it into practice.
Explain about the sound leadership?In addition to teaching your student leaders problem-solving techniques through the use of situational questions and self-evaluation worksheets, Sound Leadership offers measures to prevent problems by creating clear communication and plans.
Positive leaders embody who they truly are in front of their teams. They act with integrity and express what they mean. Sharing both their strengths and shortcomings with others demonstrates authenticity in a leader's interactions. They act in accordance with the personal convictions that drive them.
By establishing clear communication and plans, as well as by fostering problem-solving abilities, sound leadership offers solutions to avoid difficulties. Autocratic, democratic, and laissez-faire are the three different types of leadership in business.
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A system of shared beliefs and values that develops within an organization and guides the behavior of its members is called organizational ______.
A. attitude
B. demeanor
C. policies
D.culture
limited by such organizational constraints as time, information, resources, and her own capacities. this is known as:
The Psychological Selection Model: Bounded Rationality describes how they are constrained by organizational limitations including time, knowledge, finances, and their individual mental capacity.
What does a problem constraint mean?Constraints are logical requirements that an optimization problem's solution must meet. They are an accurate reflection of actual restrictions on available resources, market potential, and manufacturing base. You must first determine the value of value using the components before you can construct a constraint.
What kind of limitation is this, exactly?For instance, a financial limitation restricts you to a different project budget, whereas a time constraint requires you to finish your project by a certain date. Constraint management is essential for project success since the majority of project restrictions have mutually reinforcing effects.
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The complete question is-
This notion recognizes that people cannot know everything; they are limited by such organizational constraints as time, information, resources, and their own mental capacities.
trueblue uses an mbo program for its performance reviews. ranelle, the manager, and louis, the subordinate, are working through that process. ranelle has listed her goals and metrics for louis, and louis has proposed his own goals and metrics. what is the next step in the process? group of answer choices review organization performance reach mutual agreement on goals and metrics delete inappropriate goals and metrics complete an interim review
True Blue conducts its performance evaluations using an MBO methodology. Louis, the subordinate, and manager Ranelle are navigating that procedure.
Working through that procedure are Rane, the manager, and Lou, the employee. Rane provided Lou with a list of objectives and indicators, and Lou put forth personal objectives. Blue conducts its performance evaluations using an MBO methodology. Louis, the subordinate, and manager Ranelle are navigating that procedure. Rating systems In this method, the scale on which a rater marks the level to which an employee possesses each trait or characteristic is a representation of each trait or feature to be evaluated. The simplest and most widely used method for evaluating employee performance is this one. With this strategy, managers must rank a certain proportion of their personnel as below average.
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when a firm offers a list price reduction to channel members for the job they are going to do, they are offering what is known as a .
While a firm offers a listing fee discount to channel contributors for the activity they may be going to do, they're supplying what is known as a Trade (functional) discount.
A trade discount is a discount given by a seller to a buyer for purchasing goods in large quantities or at regular intervals. It is usually offered as a percentage of the list price and is often referred to as a functional discount. Trade discounts are typically offered to retailers, wholesalers, and other commercial buyers as an incentive to purchase more of the seller’s products.
They are also used to reduce the amount of money the buyer needs to pay, thereby improving the buyer’s profit margins. Trade discounts can also be used to encourage buyers to purchase a certain product, or to reward them for their loyalty. Generally, the more buyer orders, the higher the trade discount they receive.
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greg prepares a financial statement for his business, listing the company's current assets, fixed assets, and the debts that are owed to suppliers and lenders. what document is greg preparing for his business?
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholder equity at a specific point in time.
What is a Balance Sheet?A balance sheet is a financial statement that lists a company's assets, liabilities, and shareholder equity as of a particular date. For calculating investor return rates and assessing a company's capital structure, balance sheets serve as the foundation.
A company's balance sheet, or statement of financial position, gives a quick overview of the assets and liabilities of the business as well as the amount of shareholder investment. In order to do fundamental analysis or determine financial ratios, balance sheets can be employed alongside other significant financial accounts.
One of the three essential financial statements used to assess an organization is the balance sheet. It gives a quick overview of a company's financial position (including it assets and liabilities) as of the publication date.
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which outsourcing organizations should protect strategic information because it can become vulnerable
Suppliers are businesses or people who offer procurement services. Organisations should safeguard strategic information while outsourcing since it may be at risk in the hands of providers.
What is an example of outsourcing?The best instances of outsourcing are in advertising, workplace and warehouse housekeeping, and website creation. The majority of business owners assign control to outside professionals for tasks like bookkeeping, maintenance, and hiring. This enables businesses to concentrate the majority of the resources on the primary operation.
How is outsourcing carried out?Business Process Outsourcing is another name for outsourcing (BPO). This is the procedure you go through when you hire a local or foreign company to manage your business operations.
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during tough economic times, customers are happy when firms extend for purchases.
During tough economic times, customers are happy when firms extend credit for purchases.
What is credit?Credit can be understood as a person's or business's ability to pay back debts or credit history. A change to a company's balance sheet lowers its assets or raises its liabilities or equity.
Credit is a relationship between a borrower and a lender. The borrower borrows money from the lender. The borrower pays back the money at a later date along with interest. Credit cards are the most common way to buy something on credit right now.
This adds a middleman to the credit agreement.
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a property manager is asked to install a new spa on the premises. the expense of the new spa would be considered:
A property manager is asked to install a new spa on the premises. the expense of the new spa would be considered capitalized item.
A property manager is a person who is responsible for the management of a property, such as an apartment building, office complex, or shopping center. The property manager is responsible for the day-to-day operations of the property, such as overseeing maintenance and repair work, collecting rent, and dealing with tenant issues.
Property managers must have excellent customer service and communication skills, as they will be dealing with tenants on a daily basis. They must also be able to handle difficult situations, such as evictions and lease violations.
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What term BEST describes the measure of how many customers remain loyal to a company as opposed to taking their business to a company's competitors?
O A.
O B.
O c.
○ D.
customer retention
prospecting
BANT
collaborative selling
Answer: d The Customer Loyalty Index (CLI)
Explanation:
why it is because the customer churn rate to the business in the company also like
affinity, attachment and trust.
total direct materials costs are $124,500, fixed costs are $70,500, and units produced are 15,000. what is the direct materials cost per unit?
The direct materials cost per unit $8.3 per unit.
What is direct materials cost?
The price of direct materials is directly related to the unit of production and is immediately identifiable. For instance, the price of glass is a direct material expense in the production of light bulbs. The primary component needed for the production of goods or products was material.
Total Direct materials cost / No. of units produced= Direct materials cost per unit
DM Cost per unit = $124500/15000
=$8.3 per unit
Fixed costs are of no relavance while computing Direct material cost per unit.
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the owner of a successful bakery lives in a country which supports a strict laissez-faire economic doctrine. what does this mean for the baker?
There are few government controls to interfere with the running of her business.
What is government controls?
Economic and other restrictions imposed by any government agency, such as those based on the U.S. Foreign Corrupt Practices Act, the U.S. Export Administration Act, the U.S. Arms Export Control Act, and other laws or presidential orders, are referred to as "government controls."
The economic doctrine of laissez faire likens the operation of a free market to the process of natural selection. Strict advocates of laissez-faire economics maintain that government interference with business tampers with the laws of nature, obstructing the workings of the free market.
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andy offers to sell barb ten computers for her office. barb sends a rejection first, then later changes her mind and sends an acceptance. whether they have a contract is determined by
a. Barb's rejection.
b. Barb's acceptance.
c. whether Barb's rejection or acceptance is received first.
d. mailbox rule.
Whether they have a contract is determined by whether Barb's rejection or acceptance is received first. Hence, Option C is correct.
What is meant by rejection?the act of rejecting someone or something: Our plans were rejected by the government, which is a setback for us.
Social rejection exacerbates a variety of emotions, including anger, anxiety, despair, envy, and grief. It impairs performance on demanding intellectual tasks, DeWall claims in a recent review, and can also result in hostility and poor impulse control.
Thus, option C is correct.
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Because double-declining balance depreciation recognizes depreciation expense faster than straight-line, it is called a(n) ____ method.
The double-declining balance depreciation method is an accelerated depreciation method.
What does Double declining balance means?
Double declining balance is an accelerated depreciation method for calculating an asset's depreciation expense over its useful life. It is a depreciation method in which the asset's book value is multiplied by a fixed rate that is twice the straight-line rate. This means that the first year's depreciation expense is greater than subsequent years.
What does fixed rate mean?
A fixed interest rate is one that does not change over the life of a loan or other financial obligation. This means that the interest rate on the loan or other obligation will remain constant regardless of how long it is outstanding.
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if a well-diversified portfolio of stocks has an expected return of 15% when the expected return on the market portfolio is 10%, then:
The well-diversified portfolio has an alpha of 5%. Alpha is a measure of the excess return of a security or portfolio compared to the return of a benchmark index. In this case, the well-diversified portfolio has an alpha of 5%, which means it is generating an extra 5% return compared to the benchmark index.
What is portfolio?
A portfolio is a portfolio of financial assets, such as securities, bonds, commodities, cash, as well as cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of stocks, bonds, and cash. Although this is frequently the case, it need not be the exception. Various types of assets, such as private investments, real estate, and fine art, may be included in a portfolio. You have the option of holding and managing your portfolio yourself or letting a wealth manager, financial planner, or even other finance expert do so.
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m.j. is graduating from college soon and prefers a work environment in which there are a lot of management levels, a clear hierarchy or chain of command, and most people have levels of expertise in their jobs. what type of organization should m.j. try to find in a new job?
M.J. should look for a job in a Mechanistic organization.
What are the different types of organization?
1. Sole Proprietorship: A sole proprietorship is a business owned and run by one individual with no distinction between the business and the owner.
2. Partnership: A partnership is a business formed by two or more people who share ownership and management of the organization.
3. Corporation: A corporation is a business structure formed by a group of people and given legal status as an entity separate from its owners.
4. Limited Liability Company (LLC): An LLC is a business structure that combines the limited liability benefits of a corporation with the flexibility and simplicity of a partnership or sole proprietorship.
5. Nonprofit: A nonprofit is a type of organization that is formed to pursue a charitable, educational, religious, or other public benefit purpose.
A mechanistic organization is one that is highly structured and hierarchical, with a clear chain of command and well-defined roles and expectations for each employee. This type of organization emphasizes stability and control, as well as clear job responsibilities and rules. It is ideal for individuals who like a highly structured environment and a clear hierarchy. For these reasons, M.J. should try to find a job in a mechanistic organization.
Hence, mechanistic organization is the answer.
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if a profit-maximizing monopoly finds that marginal cost is increasing and exceeds marginal revenue, it should:
If the marginal revenue exceeds the marginal cost, then the firm can increase profit by producing one more unit of output.
What is marginal revenue ?
The amount of revenue a company generates for each additional unit sold is calculated using financial and economic principles to produce marginal revenue. A company's marginal revenue frequently varies depending on how many units it has already sold because the price of a good is frequently tied to market supply and demand.
By examining the marginal revenue and marginal costs of producing an additional unit, a monopolist can determine the price and quantity that will maximise its profits. The company can increase profit by producing one more unit of output if the marginal revenue is greater than the marginal cost.
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quixlet if a tax did not induce buyers or sellers to change their behavior, it would not cause a deadweight loss. true false
The statement, " If a tax did not induce buyers or sellers to change their behavior, it would not cause a deadweight loss." is true.
A deadweight loss is the price of market inefficiency, which develops when supply and demand are out of equilibrium. A deficit caused by an inadequate allocation of resources is referred to as "deadweight loss," a terminology mostly used in economics. Price ceilings like price limits and rent limitations, price floors like minimum wage and living wage laws, and taxation can all lead to deadweight losses.
Because the ultimate price of the product is higher than the equilibrium market price, taxes also result in a deadweight loss because they discourage consumers from making purchases they would otherwise make. When taxes on a product increase, the burden is frequently shared by the producer and the consumer, resulting in a loss of profit for the producer and an increase in price for the consumer.
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an announcement of changes in business services should be organized using the direct strategy. a. true b. false
an announcement of changes in business services should be organized using the direct strategy- true.
business servicesFirm services are different operations and activities that assist a business run smoothly despite the fact that no physical product is delivered. Information technology is an example of a business service that supports many other business services such as procurement, finance, and shipping. In today's world, the majority of trades are interested in these exclusive services, which cover a large portion of the industry.
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