Another way to achieve the same goals as minimum wage and rent control (without keeping markets from reaching equilibrium levels) is to increase _____ directly.

Answers

Answer 1
Answer: Another way to achieve the same goals as minimum wage and wage control ( without keeping markets from reaching equilibrium levels) is to increase YOUR PERSONAL INCOME directly.

It's actually a very simple way of thinking. If your salary currently could not afford a certain lifestyle, in order to afford it you could either : Cut back your other expense and re-allocate or simply by getting more money
Answer 2
Answer:

Answer:

PERSONAL INCOME


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Assume, for Singapore, that the domestic price of soybeans without international trade is higher than the world price of soybeans. This suggests that, in the production of soybeans, a. other countries have a comparative advantage over Singapore and Singapore will export soybeans. b. Singapore has a comparative advantage over other countries and Singapore will import soybeans. c. other countries have a comparative advantage over Singapore and Singapore will import soybeans. d. Singapore has a comparative advantage over other countries and Singapore will export soybeans.

Answers

Answer:

C)other countries have a comparative advantage over Singapore and Singapore will import soybeans.

Explanation:

In the case when the domestic price of the soyabeans considered withoiut the international trade and the same should be more than the world price that means the other country would have the comparative advamtage and the singapore would import the soybeans

Therefore the option c is correct

What is the main feature of chat rooms?alternate text messaging
delayed text messaging
real-time text messaging
offline text messaging

Answers

The correct answer is C. Real-time text messaging

Explanation:

Chat rooms are websites that allow users to send messages to others even if the other person is on the other side of the world. Due to the nature of these websites, these are used by users to know people or talk about common interests. Besides this, chat rooms differ from other websites because it implies synchronous conferencing, this implies messaging occurs in real-time because to contact any other user she/he needs to be online and messages are sent and received immediately. Thus, from the options, the main feature of chat rooms is real-time text messaging.

Real-time messaging, obviously.

Do you need an LLC if you rap? and What is an LLC?

Answers

No you do not need an LLC when you rap or if your a rapper. I have a friend who raps and all you need is a Manager and a plan basically.

What is an LLC? an LLC is a Limited Liability Company. This means a Corporate structure in which every member of the company will and cannot be held personally liable for the company's debts or liabilities. Also Limited Liability Companies that's the LLC part.

I rally hope that this helps you out a lot.

 

Hiro sells building materials to local contractors. He wants to build long-term relationships with his contractors through effective follow-up. After delivering the materials ordered, Hiro can demonstrate ________ by checking with his contractors right after the delivery and addressing any problems promptly.

Answers

Answer:

responsiveness and empathy

Explanation:

Based on the information provided within the question it can be said that by doing this Hiro can demonstrate responsiveness and empathy. This is because he is showing empathy by understanding the clients feeling that if they have any problems with the work that has been done they would like it solved. And by understanding this and showing up in order to see if they actually do have any problems and providing a solution he is demonstrating responsiveness. Which will help him build his long-term relationships with his contractors.

Paul Company purchased a dump truck for $27,000. In addition, Paul Company paid freight charges of $500, and $700 to paint the company's logo on the truck. The estimated salvage value and useful life are $1,200 and 5 years, respectively. How much is the accumulated depreciation under the straight-line method after three years?

Answers

Answer:

Accumulated depreciation after 3 years = $15,780

Explanation:

Purchase price of the asset = $27,000

Freight charges paid = $500 will be added to cost as this is necessary to bring the asset in for functioning.

Paint of company's logo = $700 will not be added as is not essential for functioning of asset, and does not increase future economic benefits.

Therefore, net cost = $27,000 + $500 = $27,500

Salvage value = $1,200

Amount to be depreciated = $27,500 - $1,200 = $26,300

Useful life = 5 Years

Depreciation each year as per straight line = $26,300/5 = $5,260

Accumulated depreciation after 3 years = $5,260 * 3 = $15,780

There are two movie theaters in the town of harkinsville: modern multi- plex, which shows first-run movies, and sticky shoe, which shows movies that have been out for a while at a cheaper price. the demand for movies at modern multiplex is given by qmm 14 pmm pss, while the de- mand for movies at sticky shoe is qss 8 2pss + pmm, where prices are in dollars and quantities are measured in hundreds of moviegoers. mod- ern multiplex has a per-customer cost of $4, while sticky shoe has a per- customer cost of only $2.

Answers

Final answer:

The question applies the principles of demand, supply, and pricing in the context of two movie theaters - The Modern Multiplex and The Sticky Shoe. By understanding the relationship between price, demand, and the cost to serve each customer, we can analyze the probable outcomes of price regulations, like the imposition of a price floor, on the businesses.

Explanation:

The question pertains to the economic concept of demand curves and consumer behavior using two movie theaters as examples. The Modern Multiplex and the Sticky Shoe operate at different prices and attract different numbers of customers. The demand for movies at the multiplex is given by the equation qmm = 14 - pmm + pss, while the demand at Sticky Shoe is given by qss = 8 + 2pss - pmm. Here, 'q' represents the quantity of movies demanded and 'p' represents the respective price in dollars.

Given that Multiplex has higher expenses per customer at $4, their ticket prices would naturally be higher than Sticky Shoe, which has a lower cost per customer at $2. This translates to their demand equations; the negative sign in front of pmm in Multiplex's demand equation suggests that as prices increase, their demand decreases because more people start favoring Sticky Shoe. Similarly, the positive sign in front of pss in Sticky Shoe's demand equation indicates that as their prices decrease, more customers prefer it over Multiplex.

This problem demonstrates how price floors can create surpluses and shortages, leading to inefficiencies in the market. For instance, if a minimum price (price floor) is set above the equilibrium price, the quantity supplied at this higher price will exceed the quantity demanded, thus leading to a surplus. If not managed carefully, these surplus situations can indeed lead to losses and business closures, as shown in the movie theater example.

Learn more about Price Floors & Demand here:

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