Answer:
This is the sample answer
Explanation:
After a natural disaster, such as a major hurricane, there is increased demand for gasoline, lumber, bottled water, clothing, and other essential goods as people try to replace and rebuild what was lost. At the same time, the supply of these goods likely decreases because of disruptions to factories and transportation. Under normal market conditions, producers would raise their prices at the first sign of trouble, both to offset their own losses from the disaster and to obtain optimal profits.
However, people who have lost everything need to start rebuilding as soon as possible at a price they can afford to pay. The sooner the community is rebuilt and back to normal, the sooner the local economy will return to normal for both consumers and producers. For this reason, I think the government should introduce price ceilings on essential goods during a disaster. Many people would not be able to buy the goods they need without price ceilings. Although producers lose out on maximizing their profits, their actual losses are limited because they are allowed to raise prices to cover production and transportation costs driven up by the disaster.
Because citizens benefit so greatly from them, I think emergency price ceilings are beneficial to the economy as long as producers do not suffer significant losses from them.
Answer:
comprehensive
Explanation:
Comprehensive listening refers basically to interpreting the meaning of the words that you are reading. I guess most reading should be considered comprehensive, or at least I hope so. It involves trying to understand the message that is written and that includes the basic ideas or concepts.
B is the correct answer for that question
Answer:
Option (a) is correct.
Explanation:
Given that,
Explicit costs = $10,000
Here, the implicit cost is the cost of sacrificing money income from job:
= $10 per hour × 8 hours a day × 30 days
= $2,400
Revenues:
= Items produced in a day × Selling price of each × 30 days
= 50 × $10 × 30
= $15,000
Therefore,
Economic profit for the month:
= Revenues - Explicit costs - Implicit cost
= $15,000 - $10,000 - $2,400
= $2,600
Answer:
This question is incomplete, the options are missing. The options are the following:
a) Discuss failures of individuals of the company
b) Establish performance standards as a group
c) Measure, evaluate and take corrective action
d) Correct employees' actions by berating and celebrating
e) Cross-train employees
And the correct answer is the option C: measure, evaluate and take corrective action.
Explanation:
To begin with, when it comes to terms of control regarding the inside structure of an organization, the managers use different processes and techniques to take on that job of controlling the employes of the company in order to see how everything is going. In the case of Chris Zane, as he wants to do a control every week, then he is absolutely interesting in evaluating and measuring the improvements of every one inside the business so in that way he can take action in time to correct something if it is not going as planned. And that is the main reason why he would use a controlling process where he needs to have everything going as planned.
