Price ceiling, price floor or tax

 

Search the internet and find a newspaper example of a price ceiling, price floor or tax that has not already
been discussed in the power point or textbook. Explain why the article is an example of a price ceiling, price
floor or tax and what you can predict will happen to price, quantity demanded and quantity supplied in this
market (using the supply and demand model) due to the price control/tax. Why would a government impose
a price ceiling, price floor or tax in this market if it leads to inefficiency in the market? Finally, what do you
predict will happen to price and quantity exchanged in the market if the price ceiling, price floor or tax is
removed from the market.

Sample Solution

There are steps that are for the most part followed that bring about a choice model that can be utilized to decide an ideal creation plan.

Assignment 2:

2.1 The importance and use of the Motivation Theories to the present working environment.

Speculations

Importance

APPLICATION

OPERANT CONDITION :-

It depends on logical theory.In this the outcomes are anticipated. For instance

A->B

An is trough and B is employee.According to this hypothesis director An is assume to plan something for urge worker B to complete the work in inspirational manner. It has following sorts:

1. Uplifting feedback: Giving compensations to representatives to expand profitability.

2. Negative fortification: This is the way toward having a worry of detracted from you.

3. Eradication: If depends on yields. For instance missing from school implies zero outcomes.

4. Discipline: If representatives are not working giving them discipline, similar to cut off compensation.

The two speculations are significant in light of the fact that we can see from both the hypotheses we can work more on the off chance that we get acknowledgment or getting compensated.

In apparatus we can say we can without much of a stretch actualize these by giving reward, time to time increase, and so on.

NEED OF HIERARCHY

As per this hypothesis their are five sorts of need that should be satisfy to accomplish focus inside explicit timeframe.

1. Physiological need: Breathing, water, nourishment, sex, rest and so on.

2. Wellbeing: Security of body, of businesses, wellbeing and so on.

3. Love: Friendship, family and so on.

4. Regard: confidence, accomplishments, targets and so on.

5. Self actualisation: Creativity,problem tackling and so on.

The two speculations are important on the grounds that we can see from both the hypotheses we can work more in the event that we get acknowledgment or getting compensated.

In machine of need of chain of importance hypothesis trough assume to satisfy all these five needs by giving appropriate security, noon, human cordial condition and so forth.

2.2

Two administrative ways to deal with inspiration and their commitments:

1. Absolutist

2. Bureaucratic

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