BUSINESS HIGH SCHOOL

Factors that can effect prices could include advances in technology, changes in prices of raw materials or new government taxes.a. True
b. False

Answers

Answer 1
Answer: It is true that factors that can affect prices could include advances in technology, changes in prices of raw materials or new government taxes.

Related Questions

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Cause and effect what is likely to happen when consumers hear reports that make them worry about a products safety ? Explain the possible when price rises ?
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Which paraphrases correctly matches a specific type of loan with the broader category it best fits? A. Cash advance - short- term loan B. Mortgage - short -term loanC. Line of credit - Long- term loan D. Credit card - alternative financing
An annual shortage of roses drives up their cost arounda. Labor Day. b. Independence Day. c. Thanksgiving. d. Valentine's Day.

Can I get some help with these questions?1. The country has entered a period of economic growth, but prices are rising too rapidly. To stabilize prices, the Federal Reserve decides to

A) decrease the federal funds rate
B) decrease the reserve requirement
C) raise the discount rate
D) buy more government securities

2. Mark washes his jeans and finds that the $20 bill that was in his pocket is in four pieces. He takes the four pieces to the bank and receives a nice crisp $20 bill. What function of money does this illustrate?

A) Measure of value
B) Medium of exchange
C) Divisibility
D) Store of value

3.A free trade agreement lowers restrictions on trucking across International borders. Which of the following would be a negative externality for the local environment?

A) Higher costs for domestic goods
B) fewer imports of renewable resources
C) more water consumption
D) an increase in air pollution

Answers

The right answer for the question that is being asked and shown above is that: "D) buy more government securities." 

The right answer for the question that is being asked and shown above is that: "B) Medium of exchange." 

The right answer for the question that is being asked and shown above is that: "B) fewer imports of renewable resources"

Symmetric information is the same as perfect information. a) holds under the assumption of rational expectations.
b) is true only in efficient markets.
c) means that savers and borrowers have the same information.

Answers

Answer:

The correct option is (C)

Explanation:

The information is a critical aspect of any financial market. Transparency is all about having everybody the same information. The symmetric information is all about transparency and having the same information. It means that borrower's and savers have the same information. It helps to stop misconduct and inside trading. The symmetric information helps borrowers and savers to trust the market and invest.

Northeastern cities are important trade centers. Which of the following statements does not correctly describe the economic role of a northeastern city?A)Philadelphia is an important industrial center containing factories producing a variety of goods.
B)New York City is considered the financial capital of the United States.
C)Boston is a leading center for academic research as well as medical schools and hospitals.
D)Providence is a major producer of wheat and other grains.

Answers

Northeastern cities are important trade centers.
The following statement does not correctly describe the economic role of a northeastern city.
D. Providence is a city not a county where there are farms.

At ICS Inc., a company that deals in software products, employees regularly complain about the lack of clarity regarding the tasks they are required to perform. Often there are two employees working on overlapping tasks, while some tasks are not designated to any employee. Though employees are satisfied with the pay and work culture, this aspect of their work environment has led to a lot of conflict in the workplace. From the information provided, this complaint of the employees can be closely linked to which HR function?A) compliance with laws
B) analysis and design of work
C) compensation and benefits
D) maintenance of employee relations
E) recruitment and selection

Answers

Answer:

E) recruitment and selection

Explanation:

The human resource department of an organization is responsible for assigning tax to employees after recruitment based on their abilities.

Hence, the human resource team at ICS Inc needs to improve on filling the gaps in the organization or selecting the best employee for a particular job. This role involves providing clarity regarding the tasks employees are required to perform.

According to federal regulations, an IRB must have at least two community members to fulfill membership requirements; one member whose expertise is not in a scientific area and one member who is not affiliated with the institution. (A) True
(B) False

Answers

Answer:

False

Explanation:

According to federal regulations each IRB shall have at-least 5 members, further, there shall be at-least one member with scientific expertise and one member with no expertise in science.

Total number shall not fall below 5 members.

Here it states, to have at-least two members are require to fulfill the requirement of membership. Thus, the above statement is false.

In case it is talking about only about the character being scientific expertise or not then it is true.

But total members are 5 and not 2 thus statement is false.

Suppose an industry is monopolistically competitive and some firms are experiencing losses. What happens when transitioning from short-run to long-run equilibrium

Answers

Answer &Explanation:

Firms in monopolist competition maximize profits where the marginal revenue (MR) equals marginal cost (MC). If some firms are experiencing losses in the short-run then, the long run average cost (LRAC) at MC=MR is higher than the price at that same point  (gains or losses are the difference between the LRAC and the price). What would happen in the long run is that some firms will leave the market and the new equilibrium would be where the LRAC  equals the price and there would be no gains or losses.

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