Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
How are production limits used in practice to raise the prices of the following goods or services:
(a) taxi rides,
(b) drinks in a restaurant or bar,
(c) wheat or corn?
Municipal authorities generally regulate the number of taxis by the issuance of licenses. While the number of taxis is less as compared to it would be without regulation, those taxis in the market may charge a higher-as compared to the competitive price.
State authorities generally regulate the number of liquor licenses. Through requiring that any bar or restaurant which serves alcohol have a liquor license and then limiting the number of licenses available, the State limits entry through new bars and restaurants.This limitation permits those establishments which have a license to charge a higher price for alcoholic beverages.
Federal authorities generally regulate the number of acres of wheat or corn in production by making acreage limitation programs which provide farmers financial incentives to leave some of their acreage idle. This decreases supply, driving up the price of wheat or corn.
What is nondiversifiable risk? How is it measured? If not the returns of one-half the assets in a portfolio are perfectly negatively correlated along with the other half-which
The following are extracts of the Income Statement and Balance Sheet for Umar plc. Extract Balance Sheet at 30 June 20X2 20X1 £'000 £'000 £
uses and limitations of the marginal weighting system
1: How will you inform your managers and supervisors about budgets, reporting requirements and financial delegations? 2: What mechanism you will implement to ensure that there a
In Time Series Analysis, we try to identify and determine the pattern of changes in the data collected over regular intervals of time. The data collected can be at a periodical int
Foreign Exchange Market Equilibrium: We say that the foreign exchange market is in equilibrium when deposits of all currencies oer the same expected rate of return (when retu
Enron did not manages its trade account receivable in significant manner that made huge financial loss for the organizations. Hence, the management faced biggest fraud due to the f
The production department in any firm is concerned with provision of production facilities, production cycle, skilled and unskilled labor, storage of finished goods, capacity utili
The process of securitization can best be understood by taking the following example. Assume that there exists an NBFC which has hire purchase as its major busine
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd