answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Taya2010 [7]
1 year ago
8

Identify the true statement in each of the three modules. Identify the true statement. Deregulation can describe removing govern

ment control of the price of a good but not the removal of government control of quantities. Deregulation can describe either removing government control of the price of a good or the removal of government control of quantities. Deregulation can describe removing government control of the quantity of a good but not the removal of government control of price.
Business
1 answer:
Maksim231197 [3]1 year ago
6 0

Answer:

Deregulation can describe either removing government control of the price of a good or the removal of government control of quantities.

Explanation:

Deregulation is the removal of government control , regulation or power in a particular sector or industry. An example of deregulation is the mail delivery. The government had a monopoly on the royal mail for many years

Deregulation can involve :

  • removal of government control on price
  • Removal of control on quantities

Advantages of deregulation

  1. It increases the rate of innovation and competition. This increases consumer choice.
  2. Efficiency of corporations are increased and this lowers cost

Disadvantages of deregulation  

  1. Customers are more vulnerable to high  risk-taking by companies.

You might be interested in
Which of the following describes Hoover's philosophical approach to stimulating the economy?
zavuch27 [327]

I believe the answer is:B. Top-down approach: give money and loans to businesses so they can create jobs.

Hoover believe that providing the businesses with financial incentive would give more room at their disposal to create jobs. In the long run, this would reduce the amount of unemployment and increase citizen's average disposable income. The situation also tend to attract many investments from foreign countries.

5 0
2 years ago
Read 2 more answers
Wright Company sells merchandise with a one-year warranty. In the current year, sales consisted of 2,000 units. It is estimated
gregori [183]

Answer:

$30,000

Explanation:

In this question, the matching account principle is used which means the total revenue is matched with the total expenses in a given year.

The computation of the warranty expense is shown below:

= Number of selling units × average unit sold per unit

= 2,000 unit × $15 per unit

= $30,000

The whole amount $30,000 should be recorded as warranty expense

5 0
2 years ago
If ty chooses a smart phone simply because he perceives it to be rated highest on megapixels, which he believes is the most impo
Stels [109]
If ty chooses a smartphone simply because he perceives it to be rated highest on megapixels, which he believes is the most important attribute in a smartphone, he is using a(n) lexicographic heuristic to help make his purchase decision. The study of heuristics analyzes how people make decisions when optimization is out of reach. It focuses on two questions, the first and descriptive, and the second is normative.
7 0
2 years ago
Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost
Tcecarenko [31]

Answer:

The depreciation cost of the bus per unit is $ 1.4 which is purchased on January 1, 2019.

Explanation:

The depreciation cost per unit is computed as:

Depreciable asset = Cost - Salvage Value

                               = $205,860 - $7,900

                               = $197,960

Depreciation per unit = Depreciable asset /Useful life expected value

                                    = $197,960 / 141,400

                                    = $1.4

Therefore, the per unit cost is $1.4

8 0
2 years ago
Pharoah Company assembled the following information in completing its March bank reconciliation: Balance per bank $23700 Outstan
Natasha2012 [34]

Answer:

Pharaoh will reduce its cash balance by $1,130

None of the answer options was correct, maybe something was missing in the question like notes collected or other NSF checks.

Explanation:

Pharaoh Company's bank reconciliation:

balance per bank account   $23,700

- outstanding checks            ($4,800)

+ deposits in transit                 $7,750

<u>- NSF checks                            ($500) </u>

total                                        $26,150

<u>- cash balance per books    ($27,280)</u>

difference                               ($1,130)

In order to reconcile the bank account, we do not consider any bank service fees because they are already included in the bank balance. What we must consider are the NSF checks that we deposited and thought were good checks, but instead they bounced.

3 0
2 years ago
Other questions:
  • Efficiently scheduling material and labor is an example of ________________ decisions
    6·1 answer
  • Now, suppose the student wishes to bring back some ice cream from the restaurant for her friends at school, but since it is such
    6·2 answers
  • A company predicted that it would manufacture 10,000 units of finished goods during March. The direct labor standards indicated
    12·1 answer
  • A set of sweater prices are normally distributed with a mean of 585858 dollars and a standard deviation of 555 dollars.What prop
    10·1 answer
  • Hampton Industries had $61,000 in cash at year-end 2017 and $27,000 in cash at year-end 2018. The firm invested in property, pla
    8·1 answer
  • Which of the following is TRUE about owning a share of stock?
    10·1 answer
  • A social sciences researcher wants to know about the amount of money that couples without children spend on leisure travel. Her
    12·1 answer
  • Remerowski Corporation Inc. asks you to estimate the cost to purchase a new piece of production equipment. The company purchased
    9·1 answer
  • The CEO/chairman of PharmaPacifica was recently killed in an airplane crash. This tragedy has thrown PharmaPacifica into turmoil
    10·1 answer
  • The Jackson &amp; Jacinto Auto Repair Shop uses 510 gallons of oil every week, and it takes them 3 days to get more oil delivere
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!