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Explain the term rationing.
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Asked 3/29/2014 9:58:10 AM
Updated 3/29/2014 10:34:48 PM
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Confirmed by jeifunk [3/29/2014 10:34:48 PM]
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User: Explain the term rationing.

Weegy:
Rationing;

The artificial restriction of raw materials, goods or services. Rationing commonly occurs when governments fear a shortage and want to make sure people have access to necessities, such as after a natural disaster or during a war. Governments can also impose rationing in the face of failed policies such as central planning, or may be forced to use rationing as a result of shortages.




User: what is a supply shock

Weegy: Supply shock is a sudden change of the price of a commodity or service.
Expert answered|andrewpallarca|Points 34146|

Question
Asked 3/29/2014 9:58:10 AM
Updated 3/29/2014 10:34:48 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/29/2014 10:34:48 PM]
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Define fixed cost.
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In economics, fixed costs, indirect costs or overheads are business expenses that are not dependent on the level of goods or services produced by the business.
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a share representing a portion of ownership in a corporation
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Updated 3/29/2014 9:23:56 PM
1 Answer/Comment
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Updated 3/31/2014 6:34:31 PM
2 Answers/Comments
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Added 3/31/2014 6:34:19 PM
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Confirmed by alfred123 [3/31/2014 7:47:23 PM]
A two-tier wage system is a pay structure in which different wage scales are set for senior workers and for new workers. Found usually in firms with strong union presence.
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Updated 3/31/2014 6:31:53 PM
1 Answer/Comment
A glass ceiling is a political term used to describe "the unseen, yet unbreakable barrier that keeps minorities and women from rising to the upper rungs of the corporate ladder, regardless of their qualifications or achievements."
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