Business, 06.03.2020 00:54 jonmorton159
Refer to Exhibit 4-8. Suppose that wheat producers lobby the government for a price floor and receive one. This price floor is set at Pp. What is the change in the total surplus at the price floor, compared to at the equilibrium price?a. There was a gain in total surplus equal to (area 1 +2+3)b. There was a gain in total surplus equal to (area 1+2+3+4+5)c. There was a loss in total surplus equal to (area 4 + 5)d. There was a loss in total surplus equal to (area 4+5+6)
Answers: 2
Business, 21.06.2019 21:30, nickespinosa11
Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.
Answers: 3
Business, 22.06.2019 17:20, sctenk6052
“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.
Answers: 3
Business, 23.06.2019 00:40, derisepicowe0fa
An upper-middle-class manager tends to have hostile relationship with the working-class employees in the firm because of his tendency to perceive himself as superior to them based on his class background. in this example, the manager exhibits: question 14 options: 1) class consciousness. 2) cultural awareness. 3) social mobility. 4) group orientation.
Answers: 3
Refer to Exhibit 4-8. Suppose that wheat producers lobby the government for a price floor and receiv...
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