Companies raise prices to unjust levels when they engage in price gouging. There is no set definition of what constitutes price gouging, but it happens frequently.
The statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster are:
1. When prices rise after a disaster, consumers are encouraged to produce less of the good and leave some for others to purchase; price gauging laws short-circuit this effect.
2. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gauging laws short-circuit this effect.
3. Price gauging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
Price gouging frequently happens when there is a rapid increase in demand for a specific good, service, or commodity, such as in the case of catastrophes and natural disasters.
The desire for luxuries and non-essential goods decreases in times like these, which causes many firms to lose the sales they typically rely on. In an effort to counteract this loss and stay in business, shops may hike the prices of necessities.
On the other hand, if demand for necessary goods or services surges abruptly, the supply may become severely constrained and prices may rise even further.
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Your question seems to be incomplete, but most probably the complete question was:
Select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster. True Statement about Price Gouging Drag appropriate answer(s) here ✓
Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would.
When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price-gouging laws short-circuit this effect.
When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price-gouging laws short-circuit this effect.
Price gouging laws reduce shortages after a disaster by keeping prices low. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse,
Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods.
how much halloween candy is sold in the us each year?
Answer:
According to the Huffington Post, Americans purchase nearly 600 million pounds of candy each year for Halloween
Explanation:
which general staff member negotiates and monitors
Answer:
The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.
Business studies i need to fill it out
Answer:
Be completely honest.
Explanation:
what are the major works of JT? Explain in point.......
what is enterprenuship
Answer:
Entrepreneurship is the creation or extraction of value.
Explanation:
generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.
Answer:
the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
if davidson has 7,000 units on hand at december 31, the cost of ending inventory under the average-cost method is
The cost of ending inventory under the average-cost method is $75,250.
The average cost method is a method used to determine the cost of inventory in which the cost of goods sold is determined by determining the weighted average of the cost of inventory.
Average cost method = total cost of inventory bought / total units bought
(5,000 x $8) + (15,000 x 10) + (20,000 x 12) = $430,000
Total units bought = 5000 + 15,000 + 20,000 = 40,000
Price of inventory = $430,000 / 40,000 = $10.75
Cost of ending inventory = $10.75 x 7000 = $75,250.
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an uber ride is considered a ________ because of its intangible nature.
Answer: Service
Explanation: It is intangible and it is offered to you and performed by someone elese
age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental ________.
Age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental "Milestone."
In this context, a Milestone is generally defined as a significant period in an individuals' life when progress or substantial advancement is made.
A Milestone could be considered to be any of the following:
Earning a college degree;Leaving parents to stay alone;Getting a job after University;Getting Married;Having a baby after marriage;Rising to the position of a CEO in a company;Retirement from work after an illustrious career, etc.Hence, in this case, it is concluded that a Milestone is an achievement or point every man should look forward to.
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Answer: milestones
Explanation:
which country uses a franc as its basic monetary unit?
Answer:
Franc, originally a French coin but now the monetary unit of a number of countries, notably Switzerland, most French and former Belgian overseas territories, and some African states; at one time it was also the currency of France, Belgium, and Luxembourg.
the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be
Answer: The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be debit Accounts Payable; credit Notes Payable.
Explanation:
the journal entry to record the issuance of a note for the purpose of converting an existing account payable will have Accounts Payable as well as Notes Payable.
What is a journal entry?A journal entry is an act of recording any action, whether one that is economic or not. Multiple observations, which are each otherwise a debit or a positive, may be included in the diary entry.
The information necessary to record a single business arrangement is contained in a journal entry, which also includes the date, the sum to be credited , debited, a short explanation of the operation, and the accounts involved.
The entry must result in increased with in Note Payable liability as well as a reduction inside the Accounts Payable liability. Debit Account Receivables; credit Notes Payable is really the journal entry that a business use to document the issuing of a comment for the objective of transforming any existing account payable.
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what is a "complementary" business
Answer:
A complimentary business compliments your business. It may offer products or services beneficial to your business or your customers, but not the same things as to not be considered a competing business (competitor).
Literary techniques are ineffective when it comes to speeches.
- True
✅False
Answer: False? looks like u got it right
Explanation:
please help me asap!
when ramiro inspires his employees to do their best to help the organization meet its goals, he is:
When ramiro inspires his employees to do their best to help the organization meet its goals, he is leading.
Who is a leader?This is a person that has the qualities and the capacity to drive a group in the right direction.
A leader has to be someone that is inspirational. As a leader, Ramiro should be able to help the organization to attain their goals.
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who determines how much utility an individual will receive from consuming a good?
Answer:
Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility.
How do managers use information obtained in the income statement
Answer: The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported It then calculates operating expenses and, when deducted from the gross profit, yields income from operations.
Explanation:
what did the memo entitled , "fatalities associated with crash induced fuel leakage and fires" analyze?
Answer:
The cost-benefit analysis of producing the Pinto as is or changing its design/components.
Explanation:
In a bid to match the cost effective nature of Japanese cars, Ford decided to produce the Pinto and promised to do so within a certain timeline. This shorter timeline made designing the Pinto harder and led to it having a flaw that made it a fire hazard if it was hit from behind.
Ford could have modified the design or produced it as it was. In order to make this decision, they relied on cost-benefit analysis to tell them the cost of paying for settlements resulting from Pinto crashes vs the cost of improving the car. The memo that showed this was "Fatalities Associated with Crash Induced Fuel Leakage and Fires".
Which customers are typical for the Agriculture, Food, and Natural Resources career cluster? SELECT FOUR OPTIONS!!!!
A) a power company needing solar panels
B) a local fresh market
C) a business working with trained animals
D) a person buying large quanities of wheat
E) a person learning about geography
F) a family on a camping trip
PLEASE HELP ITS WORTH 50 POINTS!!!!!
Answer:bcde
Explanation: kids cant work so not f and solar panels have nothing to do with the farmers so not a
The customers that are typical for the Agriculture, Food, and Natural Resources career cluster are a local fresh market; a business working with trained animals; a person buying large quantities of wheat and a family on a camping trip. Thus option (B), (C), (D) and (F) are correct.
Who are customers?Customers are individuals or organizations who purchase goods or services from a seller or provider. They are the people or entities who pay for and use the products or services that a business offers.
The relationship between a business and its customers is a crucial aspect of its success, as satisfied customers are more likely to return for future purchases and recommend the business to others.
A local fresh market; a business working with trained animals; a person buying large quantities of wheat and a family on a camping trip are the customers are typical for the Agriculture, Food, and Natural Resources career cluster. Therefore, option (B), (C), (D) and (F) are correct.
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the ________ model assumes managers will make logical decisions that are the optimal means of furthering the organization’s best interests.
Considering the definition above, the model that assumes managers will make logical decisions in the firm's best interest is the Classical Model.
This is because the Classical Model, otherwise known as the rational model of decision making, is a type of decision-making model that assumes managers will make logical decisions that are the optimal means of furthering the organization’s best interests.
The classical model of decision usually involves four major steps, which are:
Identifying the problem or opportunityComing up with alternative solutionsAssessing options & select a solutionExecuting and assessing the impact of the solution carried out.Hence, in this case, it is concluded that the correct answer to the question is the Classical Model of decision making.
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which situation requires a departure from the cost basis of accounting to the lower-of-cost-or-market basis in valuing inventory?
Answer:
Decline in the value of inventory
Explanation:
To comply with the concepts of conservatism, inventory should be valued at the lower-of-cost-or-market when there is a decline in inventory
can i return something to walmart without a receipt?
Answer:
Walmart's return policy
Normally, items purchased in our stores or on Walmart.com may be returned or exchanged within ninety (90) days of purchase with or without a receipt.
Explanation:
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As more and more Baby Boomers retire, companies are realizing that they are losing many of their most knowledgeable employees. Which force is impacting them in this situation?
Multiple Choice
A-global
B-human resource
C- poll-regulatory
D- competitive
social
The Force is impacting them in this situation is a social force. Thus the correct answer is E.
What is baby boomers?A person born between the conclusion of World War II and the middle of the 1960s is referred to as a "baby boomer" because of its importance in the population. Confidence, teamwork, self-happiness, health and wellbeing, employment, and participation are among the basic values of Baby Boomers.
In order to successfully meet the demands of many cultures, marketers closely watch social trends. As social factors alter over time with demographic shifts, we take into account attitudes toward employment and lifestyles.
So when more baby boomers got to retire, companies realize that they are losing many of knowledgeable people who play a crucial role and appeared as a social force in this situation.
Therefore, option E social is appropriate.
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please help me asap!
Answer:
1.Different customers
Answer:
Same Customers
Explanation:
Their product is slightly different but still is pretty much is trying to satisfy the same needs that targets the same type of customers.
a marketing plan is an important tool for communicating details of the marketing functions. what else is the marketing plan used for?
Answer:
to attract customers or other buissness man that might want to invest
A marketing plan is used in order to attract customers or other businessman that might want to invest.
What is a Marketing plan?A marketing plan may be included as part of a larger company plan. A solid marketing strategy is the cornerstone of a well-written marketing plan that will allow goals to be met. While a marketing strategy provides a list of tasks, it is useless to a firm without a solid strategic basis.
A marketing plan is an advertisement strategy that a company will use to sell its product or service. The marketing strategy will assist in determining who the target market is, the best way to contact them, the price point at which the product or service should be marketed, and how the firm will assess its efforts.
Therefore, it can be concluded that a marketing plan is designed to attract clients or other businessmen who may be interested in making investments.
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How do you know, as a consumer shopping for a product, whether goods are in
short supply or are readily available?
Answer:
Prices act as a signal that tells producers and consumers how to adjust. Prices tell buyers and sellers whether goods are in short supply or readily available. The price system is flexible and free, and it allows for a wide diversity of goods and services.
Explanation:
As a consumer shopping for a product, you can determine whether goods are in short supply or readily available by checking online availability, reading customer reviews, monitoring price fluctuations, and staying informed through industry news and customer service representatives.
As a consumer shopping for a product, there are several ways to determine whether goods are in short supply or readily available. Firstly, you can conduct online research by checking the product's availability on various e-commerce platforms or the official website of the brand or retailer. Reading customer reviews and ratings can also provide insights into the availability of the product. Additionally, monitoring price fluctuations can give an indication of supply and demand. If the price is stable or discounted, it suggests that the product is readily available. On the other hand, if the price is increasing or there are limited-time offers, it may indicate a shortage. Furthermore, keeping an eye on promotional activities, such as sales or limited edition releases, can provide clues about the availability of the product. Lastly, staying informed through industry news, subscribing to product alerts, or reaching out to customer service representatives can help you stay updated on the availability of the goods you are interested in purchasing.
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Explain the importance of the processor as apart of the computer system.
Answer:
Explanation:
The purpose of a computer processor is to do the actual computation done by the computer, which includes managing the computer's memory, handling input from users, sending them output and doing whatever calculations are necessary.
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Its function is to be the brain of the entire operation of the system, being in charge of directing all the tasks carried out by our team and of executing the code of the different programs, often with the joint help of the rest of the components and peripherals.
A student loan is money a person borrows in order to:A: purchase a new house.B: buy luxury goods.c. pay for college tuition.D. pay off existing debt.
A student loan is money a person borrows in order to pay for college tuition. Hence, option C is correct.
What is student loan?A student loan is a loan that is given to students expressly to assist them in paying for higher education, like university. Typically, the loan is divided into two portions: one for maintenance fees and the other for tuition.
Yes, there is normal debt, albeit some lenders impose penalties for early repayment. Yes, there is student debt, and fortunately there are no early repayment fees. You should, however, consider whether it is worthwhile to pay off your debt early.
From the day the Student Loans Company sends your first payment to you, your university, or your college, interest is charged every day until your loan is fully repaid or cancelled.
Thus, option C is correct.
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. How are jobs created in different economic systems?
• Market
• Mixed
• Command
Traditional
Answer:
it depends
Explanation:
it depends on the area the person stays
what are the four factors underlying the free enterprise system?
Answer:
profit,risk,competition and productivity
Hi i needa gf im 16 im a kind loving caring person anyone 13 through 17
Answer:
Hello, my names Harley and im 15. and im a red head with green eyes.
Explanation:
And im single lol...