Which of the Following Would Explain Why Josh's Limo Service

question 151

Multiple Choice

Which of the following would explain why Josh's Limo Service might increase its demand for limo drivers?

• A) an increase in demand for limo rides, resulting in a rise in the price of a limo ride
• B) a decrease in the demand for limo rides
• C) a fall in the price of a taxi ride
• D) a rise in the wage paid to limo drivers

Navigate and apply PowerPoint themes and templates.

Implement design concepts to enhance presentation visuals.

Understand the essential elements and common formats of a résumé.

Recognize the importance and process of proofreading in résumé preparation.

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Definitions:

Economic Regulation

Government-imposed restrictions on the economic activities of individuals or companies to correct market failures or achieve social goals.

Administrative Agencies

Government bodies responsible for the oversight and administration of specific legislation and regulation in various sectors.

Congress

A legislative body of a country, typically bicameral, responsible for making laws and representing the electorate.

Judicial Branch

The branch of government responsible for interpreting the laws, ensuring justice, and administering the legal system within a country or state.