Write a brief policy statement that presents a position on the need for utilizing morediverse suppliers.

Q: Explain how to use the sharing economy Uber platform for transportation in South Africa?

A: Individuals and groups can profit from underutilized assets by participating in sharing economies.…

Q: Does our campaign illustrate the full range of appropriate usage situations for the product?

A: Yes, the campaign illustrates the full range of appropriate usage situations for the product. This…

Q: The figure shows the price and quantity supplied of long-distance phone calls. Price (cents per…

A:

Q: What do we mean by talking about "Demand for one product" and "Supply of one product"? Could you…

A: Demand for a single product means when changes in the prices and prices of other commodities affect…

Q: Amanda buys a ruby for $340 for which she was willing to pay $340. The minimum acceptable price to…

A: Consumer surplus - It is the surplus which a consumer earns due to the difference between his…

Q: Where there is asymmetric information between buyers and sellers:        product shortages will…

A: Asymmetric information refers to incomplete or missing information. This occurs either on the…

Q: What will happen if there is exit (less suppliers) in the market for firewood? The quantity demanded…

A:

Q: Buyers cannot have different reservation prices. True or False?

A: The law of demand states that there is an inverse relationship between price and quantity demanded.…

Q: Hebrews, the Greeks, and the Scholastics with regard to what constitutes a “just price.”

A: Just price is defined as a price that is set by a standard or is structured under some principles or…

Q: Deteremine the level of quantities bought and sold at the equilibrium price

A: We are provided that, Qd = a - 50P Qs = -100 + 20P The market will be in equilibrium when Qd = Qs…

Q: What strategies distinguish the different types of foodretailers?

A: Retailers refer to the individuals, or business units that sells goods to the public in small…

Q: What would be the impact of introducing a minimum allowable price on a highly desirable product?

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods…

Q: Which of the following statements about correctivetaxes is generally NOT true?a. They increase what…

A: Corrective tax is also called Pigouvian Tax. Pigouvian taxes are used to correct for the presence of…

Q: Discuss the small scale agricultural strategies that can address food and nutrition insecurity

A: The adoption of the small scale agriculture strategies, include the agricultural practices and now…

Q: Price controls A increase economic efficiency. В benefit both consumers and firms. C result in…

A: Price controls: - Price controls are the methods or the process of adjusting prices in an economy.

Q: Both the Japanese government and Canadian governments are worried about rising prices of medicines.…

A: Government implement price ceiling for the protection of consumer but it will cause negative results…

Q: Do you think the offline stores engaged in price gouging? If you were part of the panel, what would…

A: When a seller raises the price of goods, services, or commodities well over what is deemed…

Q: To what extent do Tariffs maximize total utility for a given population?

A: Solution-Total Utility - Total utility is the sum total of utility derived from the consumption of…

Q: Q- A market is any arrangement that allows buyers and sellers to exchange things State whether the…

A: # We know that the two main driving forces of a market are buying and selling or we can say that…

Q: What are the equilibrium price and quantity of medical checkup?

A: Externality is the negative or positive spillover by the consumer or producer which affects the…

Q: If one gas station reduces its prices, must other gas stations match the price reduction?  Why or…

A: Price reduction of gas station:If one gas station decreases its price, then the other gas station…

Q: How dose oil prices affect the demand of Marine shipping companies

A: Assuming that oil is an input used in shipping services because ships run on oil. Then here shipping…

Q: how price system affects the Industries pricing products and Services

A: Elasticity of demand and elasticity of supply are two things that affect the pricing for goods and…

Q: Is the market for electricity regulated?

A: Electricity market usually characterized by the monopoly market structure. Generally, government…

Q: Give at least 3 of the factors that affect food security?

A: Food security is made public as physical and economic access to adequate food to satisfy the dietary…

Q: The maximum legal price which is the suppliers can charge for a particular service or good is called…

A: According to the given question Maximum legal price is basically resisted by the government on…

Q: What are the factors affecting the demand for air travel within the United States?

A: Introduction Low flight prices, rising standard of living, and an anticipated recovery in global…

Q: If providing full information about products raises prices, should businesses still be required to…

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods…

Q: the private value, then you should shift the demand curve to reflect the social value of consuming…

A: An externality refers to a cost or a benefit that arises from production or consumption and has an…

Q: Differentiate between demand-side market failures and supply-side market failures.

A: Market Failure(MF) is a situation where the allocation of services and goods by the free market is…

Q: What are the reasons why a company transposes its national market and goes out to the international…

A: An exchange of a good or service between at least two countries is referred to as international…

Q: Using the information on the graph below, choose the answer that best represents what happens to…

A: Weather radio are used to know the information about the weather outside.

Q: What are the disadvantages of petrol subsidies?

A: Subsidy is a defined as the form of Government help which is provided to lower down the price of…

Q: 25. Which of the following is NOT a non-price method that a supplier could use to allocate a good…

A: Non price tools is a showcasing technique that normally incorporates limited time consumptions, for…

Q: media campaigns and labeling requirements aimed at making the public aware of the dangers of…

A: Suppose in the market of cigarette, the demand curve of the cigarette is D and supply curve of a…

Q: List the most common nonprice rationing systems in the market

A: The non-price rationing system is an alternative way of distributing good.

Q: p = S(x) = 20 + 0.4x + 0.003x? The quantity supplied at the price p is x = D (Round to the nearest…

A:

Q: At the marketplace $8 per bushel.....please answer

A: Given that, Market price = $8 per bushel  We know that a firm maximize it's product where Marginal…

Q: Is there an economic case of banning short selling in the United States?

A: Short selling is not a new concept; it has existed since the beginning of the stock market.…

Q: rectangle e same level of satisfaction, or are prefered to bunde B (ncluding bunde B). abel this…

A: Utility is an hypothetical ambiguous satisfaction level of consumer that he or she yeilds from…

Q: What is required to establish a balanced scorecard to measure purchasing and supplyperformance?

A: Using the Balanced Scorecard approach is a different approach to measuring and managing procurement…

Q: Producing a quantity larger than the equilibrium of supply and demand is inefficient because the…

A: Demand is the total quantity of goods and services for which the consumers are willing to pay…

Q: How high oil prices affect shipping companies demand

A: The shipping industry demand is related to oil prices, since they can greatly affect how expensive…

Q: The products produced in a competitve market are

A: Identical products are goods that have similar features, characteristics, and appearance.