If foreign manufacturers cut manufacturing costs and profit margins in response to a depreciation in the U.S. dollar, the effect of these actions is to a. lengthen the amount of time in which the depreciation leads to a smaller trade deficit. b. shorten the amount of time in which the depreciation leads to a smaller trade surplus. c. shorten the amount of time in which the depreciation leads to a smaller trade deficit. d. lengthen the amount of time in which the depreciation leads to a smaller trade surplus.

Answers

Answer 1

Answer:

a. lengthen the amount of time in which the depreciation leads to a smaller trade deficit.

Explanation:

Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.

The Modified Accelerated Cost Recovery System (MACRS) can be defined as a depreciation system that avails business owners or companies the ability and opportunity to recover or recoup the cost basis of physical assets that have experienced deterioration over a specific period of time.

In the United States of America, the Modified Accelerated Cost Recovery System (MACRS) is used mainly for tax purposes because it gives room for faster depreciation of a physical asset in its first years or initial usage and reduces depreciation as it is being used over a long period of time.

Hence, if foreign manufacturers cut or reduce their manufacturing costs and profit margins in response to a depreciation in the U.S. dollar, the effect of these actions is certainly to lengthen or increase the amount of time in which the depreciation in the U.S dollars leads to a smaller trade deficit.

A deficit can be defined as an amount by which money, falls short of its expected value.

In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.

For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.

In conclusion, a trade deficit is caused because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.


Related Questions

All of the following are qualities of certification programs except:

A.it is designed to train people for specific jobs
B.it is offered in vocational schools
C.people do not have to take general education courses
D.it takes several years to complete

Answers

Answer:

A

Explanation:

nor sure but I think this is the right one

Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4.9 pounds of the material, S5 uses 2.4 pounds of the material, and G9 uses 5.4 pounds of the material. Demand for all products is strong, but only 58,400 pounds of material are available. Information about the selling price per unit and variable cost per unit of each product follows. K1 S5 G91 Selling price $ 167.40 $ 99.28 $ 210.02 Variable costs 89.00 76.00 149.00 Calculate the contribution margin per pound for each of the three products. Orders for which product should be produced and filled first, then second, and then third

Answers

Answer:

Childress Company

Orders for K1 should be filled first.

Orders for G9 should be filled second.

Orders for S5 should be filled third.

Explanation:

a) Data and Calculations:

                                                               K1            S5           G9

Direct materials per unit (pounds)       4.9           2.4           5.4

Materials available for production = 58,400

Selling price                                      $ 167.40  $ 99.28  $ 210.02

Variable costs                                       89.00     76.00      149.00

Contribution margin per unit           $  78.40  $ 23.28   $   61.02

Contribution margin per pound         $16          $9.70       $11.30

Orders for K1 should be filled first

Orders for G9 should be filled second

Orders for S5 should be filled third.

b) This order filling sequence will maximize the contribution margin per pound, ensuring the highest efficient use of the limited materials available for production.

Definition of businnes

Answers

Answer:

a person's regular occupation, profession, or trade.

or

the practice of making one's living by engaging in commerce.

Explanation:

Please give me a thanks ❤️
person's regular occupation, profession, or trade.

The ending balance of accounts receivable was $84,000. Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $369,000. Sales reported on the income statement were $400,500. Based on this information, the beginning balance in accounts receivable was:

Answers

Answer: $52500

Explanation:

Based on the information given in the question, the beginning balance in accounts receivable will be calculated thus:

= Ending balance of account receivable + Sales adjusted to cahs basis - Sales reported on income statement

= $84000 + $369000 - $400500

= $52500

Therefore, the beginning balance in account receivable is $52500.

On December 1, Year 1, Childe Company purchased $100,000 of bonds issued by Paperman Company at face value. The bonds mature in ten years. Childe’s intent was to keep the bonds available to sell when cash needs arise in future years. The fair value of those bonds increased to $102,000 on December 31, Year 1. Which of the following statements are correct with regards to this investment? (Select all that apply.) Check All That Apply The bonds should be reported among assets in the balance sheet at December 31, Year 1. The bonds should be reported among assets in the balance sheet at December 31, Year 1. The bonds should be reported at their fair value of $102,000 in the balance sheet. The bonds should be reported at their fair value of $102,000 in the balance sheet. An unrealized holding gain of $2,000 should be included in net income for Year 1. An unrealized holding gain of $2,000 should be included in net income for Year 1. An unrealized gain of $2,000 should be included in other comprehensive income for Year 1.

Answers

Answer: A- The bonds should be reported among assets in the balance sheet at December 31, Year 1.

B- The bonds should be reported at their fair value of $102,000 in the balance sheet.

D- An unrealized gain of $2,000 should be included in other comprehensive income for Year 1.

Explanation:

Limitations of managerial economics

Answers

Managerial economics usually deals with the application of theories ,concepts and tools to solve the real life business problems. There are some drawbacks of this managerial economics too. Sometimes the business problems becomes very unique that the theories and methodologies becomes unable to solve the problem.

Milano Gallery purchases the copyright on a painting for $420,000 on January 1. The copyright is good for 10 more years, after which the copyright will expire and anyone can make prints. The company plans to sell prints for 19 years. Prepare entries to record the purchase of the copyright on January 1 and its annual amortization on December 31.

Answers

Answer:

Jan 01

Dr Copyright $418,000

Cr Cash $418,000

Dec 31

Dr Amortization expense—Copyright $41,800

Cr Accumulated amortization—Copyright $41,800

Explanation:

Preparation of the entries to record the purchase of the copyright on January 1 and its annual amortization on December 31.

Jan 01

Dr Copyright $418,000

Cr Cash $418,000

(To record purchase of copyright)

Dec 31

Dr Amortization expense—Copyright $41,800

Cr Accumulated amortization—Copyright $41,800

($148,000/10 years)

(To record annual amortization)

WFO Corporation has gross receipts according to the following schedule: Year 1 $22.50 million Year 2 $24.50 million Year 3 $26.50 million Year 4 $25.00 million Year 5 $25.50 million Year 6 $27.50 million If WFO began business as a cash-method corporation in Year 1, in which year would it have first been required to use the accrual method

Answers

Answer: Year 6

Explanation:

The Company is required to use the Accrual method when the average gross receipts become greater than $25 million.

Year 1 Average = $22.50 million

Year 2 Average = (22.5 + 24.5) / 2 = $23.5 million

Year 3 Average = (22.5 + 24.5 + 26.5) / 3 = $24.5 million

Year 4 Average = (22.5 + 24.5 + 26.5 + 25) / 4 = $24.625 million

Year 5 Average = (22.5 + 24.5 + 26.5 + 25 + 25.50) / 5 =  $24.80 million

Year 6 Average = (22.5 + 24.5 + 26.5 + 25 + 25.50 + 27.50) / 6 = $25.5 million

Average gross income crosses the $25 million limit in Year 6 so the company will have to start using the Accrual method from Year 6.

20) Although sounding contradictory, some firms see great benefit to orienting operations that simultaneously focus efforts on ensuring local responsiveness, aggressively reducing operational costs, and systematically transferring ideas and innovations among subsidiaries. Companies following this approach are considered to be following a(n) ________ strategy. multidomestic transnational international global

Answers

Answer:

transnational

Explanation:

A business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

A transnational strategy can be defined as a set of planned actions through which a company focuses on establishing other branches in foreign markets. Thus, there exist some level of centralization, cooperation and interdependence between its headquarter, branches, subsidiaries and retail stores.

This ultimately implies that, a transnational strategy simply involves companies adopting the following approach;

I. Focusing efforts on ensuring local responsiveness.

II. Aggressively reducing operational costs.

III. Systematically transferring ideas and innovations among subsidiaries.

Hence, companies following the aforementioned approach are considered to be following a transnational strategy.

According to the video, what qualities do Loading Machine Operators need? Check all that apply.
college degree
high-school degree
on-the-job training
customer-service
skills leadership experience​

Answers

Answer:

B and C

Explanation:

Edge 2021

Answer:

Explanation:

it is high-school degree and on-the-job training

Unibic India: From Fastest Growing Niche Cookie Brand to a Challenger?

In 2007, Lighthouse Funds acquired a 25% stake in Unibic from Unibic Australia for Rs. 200 million. In 2010,

Unibic Australia started making losses and wanted to withdraw from the Indian market. At that time, Unibic

operated solely in the premium, high-margin cookies segment in India, with a share of around 8%. It had a

market presence primarily in south India and was exporting to the Middle East and Hong Kong. It had strategic

alliances to make cookies for various private players. However, it was not yet making profits and was cash-

strapped...

Over the next few years, Unibic grew rapidly. Its growth was primarily fueled by the changes sweeping through

the Indian biscuit industry, wherein glucose biscuits that had dominated the market, gradually lost out to cream

biscuits and cookies. The reasons for the shift included rising disposable incomes leading to an increase in

consumption of premium biscuits; a larger number of manufacturing facilities of premium biscuits; growing

health awareness; innovation bringing in attractive new products; rising affordability of cookies; and increase

in eye-catching packaging...

Over the years, Unibic regularly introduced fresh and unique flavors, ultimately producing over 30 variants of

cookies. Its products could be broadly categorized into chocolate, butter, milk, savory, and health. The company

considered its target market to be between the ages of 14 and 40. It continued its efforts at innovation and

produced new products which would appeal to its target market...

In 2015, Unibic had used celebrity endorsement by signing on south Indian actor Shruti Hassan, for over a year.

It stated that it wanted someone who was relevant and would give the brand a boost to get to the numbers it

wanted in the South...

Unibic didn’t advertise much in print media; TV remained the company’s core focus and got the largest chunk

of its advertising spend, followed by digital and OOH. Instead of following the traditional strategy of having a

similar marketing campaign across markets, Unibic employed a unique strategy in each market, thereby playing

to its strengths in each market while keeping in mind the market conditions and consumption patterns...

From 2019 onward, Unibic started feeling the heat of the economic slowdown in India. The Indian economic

slowdown of 2019 led to a serious and continuing decline in the country’s real estate, automobile and

construction sectors and in overall consumption demand. The second quarter (July- September) of the financial

year (April 2019-March 2020) witnessed a drastic fall in the gross domestic product (GDP) growth rate to 4.5%.

The main reasons attributed to the fall in the GDP growth rate were – contraction in manufacturing activity,

weakened investments, and lower consumption demand.

As of 2020, Unibic had the largest wire cut cookie manufacturing plant in India. The plant had the capability to

manufacture 100 tonnes of cookies each day, with five production lines. While it used 98% of its production

capability to produce its own brand, the rest was used to manufacture for private label brands – six in India and

10 across the world. It had annual revenu7 es of Rs. 5 billion. It also exported its products to more than 21

countries including across Australia, North America, the UK, and Europe, Asia, the Middle East, and New

Zealand. It derived 45% of its earnings from the south of India.

Questions:

a) Explain three factors that had a negative impact on the financial performance of Unibic in its early years.

(6 marks)

b) Which environmental force did Unibic use in segmenting its market? What is this force about? (6 marks)

c) What does the following statement suggest to you about Unibic: “It continued its efforts at innovation

and produced new products which would appeal to its target market”?​

d) Which marketing strategy did Unibic use in 2015 and explain any two (2) reasons why firms adopt that
strategy? (9 marks)

e) What main media did Unibic use to implement its marketing strategy? State one advantage of this media.
(6 marks)

Answers

Answer:

Explanation:I want an answer

Bank reconciliations

Answers

Answer:

When you reconcile your business bank account, you compare your internal financial records against the records provided to you by your bank. A monthly reconciliation helps you identify any unusual transactions that might be caused by fraud or accounting errors, and the practice can also help you spot inefficiencies.

Meaning:

A bank statement is a list of all transactions for a bank account over a set period, usually monthly. The statement includes deposits, charges, withdrawals, as well as the beginning and ending balance for the period.

The capital expenditures budget should be integrated with all of the following except

Answers

You are missing a part of the question

On January 2, 2018, Ava Co. issued at face value $119,600 of 7% bonds convertible in total into 13,686 shares of Ava's common stock. No bonds were converted during 2018. Throughout 2018, Ava had 10,000 shares of common stock outstanding. Ava's 2018 net income was $110,936. The income tax rate is 30%. No potential common shares other than the convertible bonds were outstanding during 2018. The numerator in the diluted earnings per share calculation for 2018 would be:

Answers

Answer:

$116,796.4

Explanation:

The computation of the numerator in diluted earning per share is given below

As we know that

Diluted earning per share = Net income + ( interest expense × (1 - tax rate)) ÷ diluted potential common stock

Now the numerator is

= Net income + ( interest expense × (1 - tax rate))

= $110,936 + ($119,600 ×0.07 × (1 - 0.30))

= $110,936 + $5,860.4

= $116,796.4

All leaders tend to share several common characteristics.
O True
O False

Answers

Answer:

O True

Explanation:

I think it’s true but I’m not sure

"Using the given information, determine the cost of one no rechargeable alkaline battery; and compare with the cost of one rechargeable NiCad battery. *Assumption: The cost of the electricity to recharge the NiCad is negligible (about $0.01). NiCad batteries can be recharged (reused) 100 times. A 4 pack of AA NiCad rechargeable batteries cost $10.80. A 4 pack of AA alkaline non rechargeable batteries cost $3.69. Over the life of the battery, which battery is most cost effective? Group of answer choices The NiCad AA rechargeable battery The AA alkaline non rechargeable battery Both batteries cost are the same Batteries are independent of chemical composition and therefore does not impact consumer cost structures"

Answers

Answer:

Over the life of the battery, the battery that is most cost-effective is:

The AA alkaline non rechargeable battery.

Explanation:

a) Data and Calculations:

Number of times that NiCad batteries can be recharged (reused) = 100 times

Cost of a 4 pack of AA NiCad rechargeable batteries = $10.80

Recharging cost = $1 ($0.01 * 100)

Total cost of AA NiCad rechargeable batteries = $11.80

Cost per use = $0.12 ($11.80/100)

Cost of a 4 pack of AA alkaline non rechargeable batteries = $3.69

Cost per use of AA alkaline non rechargeable batteries = $0.04 ($3.69/100)

b) The comparison and the resulting conclusions are based on the assumption that the non rechargeable and the rechargeable batteries enjoy equal useful life.  Therefore, the AA alkaline non rechargeable batteries are also used 100 times.

Batteries are a group of cells that are used in devices so it works as an electric power supply. Batteries can be rechargeable or non-rechargeable.

The correct answer is:

Option B. The AA alkaline non-rechargeable battery.

This can be explained as:

NiCad batteries can be reused = 100 times

Price of four-pack of AA NiCad batteries = $10.80

Recharging value = [tex]\$1 (\$0.01 \times 100)[/tex]

The complete price of AA NiCad batteries = $11.80

Cost per use for rechargeable batteries =  [tex]\$0.12 \; (\dfrac{\$11.80}{100}) = 0.0141[/tex]

Price of four packs of AA alkaline non-rechargeable = $3.69

Value per use of non-rechargeable batteries = [tex]\$0.04 \; (\dfrac{\$3.69}{100}) = 0.0014[/tex]

Therefore, based on the comparison and consequences the AA alkaline non-rechargeable batteries are also utilised many times.

To learn more about non-rechargeable and rechargeable batteries follow the link:

https://brainly.com/question/817968

Tidewater, Inc., requires its job applicants to take a test that measures their vocabulary and numerical skills. For specific jobs, the company also requires its applicants to perform a sample of the job. Before implementing the tests, the management analyzes how well the test actually correlates and predicts job performance. When Tidewater needed to downsize, the company helped employees who were laid off to get placed in other organizations, and immediate supervisors talked to the employees about the reasons for their dismissal. When the job applicants for specific jobs are asked to execute a sample of the job, the company is utilizing a(n) ________ test.

Answers

Answer: performance

Explanation:

When the job applicants for specific jobs are told to perform a sample of the job, this implies that the company is using a performance test.

Performance test simply refers to a test that requires the individuals partaking in it to perform an activity using their skills, ability and knowledge.

You think the price of AMZN stock, which is currently $900 is likely to change significantly over the next three months, you are just not sure which direction. So you buy a long strangle position, with a call and put option, worth $10 and $3 per share, respectively, three months to expiration, and strike prices of 910 (call) and 890 (put). If at expiration AMZN is trading at $865, what is your net profit per share

Answers

the net profit per share would be 600

Direct materials purchases are estimated to be $300,000, $360,000 and $450,000 for June, July, and August, respectively. Cash payments are paid such that 60% are paid in the month incurred and 40% are paid in the following month. What are the budgeted cash payments for July and August, respectively

Answers

Answer:

$336,000 and $414,000

Explanation:

The computation of the budgeted cash payments for July and August is shown below:

For July month

= 60% of $360,000 (July) = $216,000

And,

= 40% of $300,000(June)

= $120,000

Total  = $336,000

For August

= 60% of $450,000(Aug)

= $270,000

And,

= 40% of $360,000(July)

= $144,000

Total = $414,000

On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (5,600 units) $145,600 Cost of goods sold: Cost of goods manufactured (6,400 units) $115,200 Inventory, April 30 (900 units) (16,200) Total cost of goods sold (99,000) Gross profit $46,600 Selling and administrative expenses (24,740) Operating income $21,860 If the fixed manufacturing costs were $23,040 and the fixed selling and administrative expenses were $12,120, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.

Answers

Answer:

See below

Explanation:

Preparation of variable costing income statement

Sales $145,600

Variable cost of goods sold

$92,160

Less:

Inventory, April 30

($12,960)

Total variable cost of goods sold

$79,200

Manufacturing margin

$66,400

Variable selling and administrative expenses ($12,620)

Contribution margin $66,580

Less:

Fixed costs $23,040

Fixed selling and administrative expenses $12,120

Total fixed costs ($35,160)

Income from operations $31,420

Workings

•Variable cost of goods manufactured

= Total manufacturing cost - Fixed manufacturing cost

= $115,200 - $23,040

= $92,160

• Inventory at April 30

Calculate first, manufacturing cost per unit

= Variable cost of goods manufactured / Units manufactured

= $92,160/6,400 units

= $14.4

Therefore, Inventory at April 30

= $14.4 × 900 units

= $12,960

• Variable selling and administrative cost = Total selling and administrative cost - Fixed selling and administrative costs

= $24,740 - $12,120

= $12,620

what is the importance of Business Development Services?​

Answers

Answer:

Business development services are important because they can assist entrepreneurs to run their business more effectively and, if appropriately applied, can act as an enhancer of access to finance and as an alternative form of “collateral” in circumstances where tangible collateral may be an impediment to meeting .

who is she what’s her product and company??

Answers

Answer:Harpo Productions (or Harpo Studios) is an American multimedia production company founded by Oprah Winfrey and based in West Hollywood, California. It is the sole subsidiary of her media and entertainment company Harpo, Inc.

Explanation:

least five data analysis techniques that could be used for research and describe the application of each​

Answers

What is your research on so it well be easier for me to help me

Xila-Fone Corp. expects to earn $4.00 per share next year, with an expected payout of 30%. Investors expect the dividend to grow at a constant rate of 8% for the foreseeable future. The risk-free rate is 5%, and the beta that is 10% more volatile than the market as a whole, and the expected return on the market is 14%. What is the estimated price of the stock

Answers

Answer:

P0 = $17.39130 rounded off to $17.39

Explanation:

The constant growth model of dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under constant growth DDM is,

P0 = D1 / (r - g)

Where,

D1 is the dividend expected in Year 1 or next yearg is the constant growth rate in dividends r is the discount rate or required rate of return

However, to calculate the Price of the stock today, we must first calculate the required rate of return (r) for the stock. The required rate of return can be calculated using the CAPM equation. The equation is as follows,

r = rRF + Beta  *  (rM - rRF)

Where,

rRF is the risk free rate rM is the expected return  on market

We know the risk free rate and expected return on market  and we also know that the beta of market is always equal to 1. So, the beta of stock which is 10% more volatile than the market will be,

Beta of stock = 1 * 10%  + 1   = 1.1

r = 0.05  +  1.1  *  (0.14 - 0.05)

r = 0.149 or 14.9%

The dividend expected for next year will be,

D1 = 4 * 30%  =  $1.2 per share

Using the DDM,

P0 = 1.2 / (0.149 - 0.08)

P0 = $17.39130 rounded off to $17.39

Fredericksen Corporation makes one product and has provided the following information: Budgeted sales, February 8,700 units Raw materials requirement per unit of output 6 pounds Raw materials cost $ 2.00 per pound Direct labor requirement per unit of output 2.9 direct labor-hours Direct labor wage rate $ 21.00 per direct labor-hour Predetermined overhead rate (all variable) $ 10.00 per direct labor-hour Variable selling and administrative expense $ 1.10 per unit sold Fixed selling and administrative expense $ 80,000 per month The estimated cost of goods sold for February is closest to: (Round your intermediate calculations to 2 decimal places.)

Answers

Answer:

COGS= $886,530

Explanation:

First, we need to calculate the unitary production cost:

unitary production cost= direct material + direct labor + allocated overhead

unitary production cost= (6*2) + (2.9*21) + (2.9*10)

unitary production cost= $101.9

Now, the cost of goods sold:

COGS= number of units sold*unitary production cost

COGS= 8,700*101.9

COGS= $886,530

Toyota is a Japanese company. Would a Toyota factory in Atlanta count as part of the United States' GDP? Why or why not? ​

Answers

Answer:

yes and because atlanta is in georgia united states

Tano Company issues bonds with a par value of $82,000 on January 1, 2020. The bonds' annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 8%, and the bonds are sold for $79,849. 1. What is the amount of the discount on these bonds at issuance

Answers

Answer: $2151

Explanation:

The amount of the discount on these bonds at issuance will be the difference between the par value of the bond issues by Tank company and the price at which the bonds were sold. This will be:

= $82000 - $79,849

= $2151

Therefore, the amount of the discount on these bonds at issuance is $2151.

Sara works at a printing company. She and her colleagues have to stagger
their tasks carefully because each of their projects require not only the
printers, but other equipment as well. Sara is currently working to fulfill an
order for 5,000 flyers, which are due tomorrow. Her customer just called to
say that they need additional 5,000 flyers.
What will be least important to Sara as she determines whether her company
can accommodate the request?
A. Whether her company has enough paper on hand
B. Whether her company can print the additional flyers without
negatively affecting the other projects
C. Whether there is enough time to print the additional flyers by
tomorrow
D. Why the customer needs 5,000 extra flyers

Answers

Answer: D. Why the customer needs 5,000 extra flyers

Explanation:

The important factors that Sara will consider to know whether her company can accommodate the request are:

• Whether her company has enough paper on hand

• Whether her company can print the additional flyers without negatively affecting the other projects

• Whether there is enough time to print the additional flyers by tomorrow.

These factors above are important as they'll determine if she can accept the request or not. For example, in a situation where there's no enough paper, then the request should not be accepted.

The least important factor for Sara to consider will be "Why the customer needs 5,000 extra flyers". This is not of concern to Sara and shouldn't bother her.

Answer:

D. why the customer needs 5,000 extra flyers

Inventory records for Marvin Company revealed the following:
Date Transaction Number
of Units Unit
Cost
Mar. 1 Beginning inventory 990 $7.25
Mar. 10 Purchase 570 7.73
Mar. 16 Purchase 710 8.20
Mar. 23 Purchase 520 8.60

Marvin sold 1,900 units of inventory during the month. Cost of goods sold assuming FIFO would be

Answers

"8.60" (and any subsequent words) was ignored because we limit queries to 32 words.

8. What is an example of a situation in which a shortage is caused by a change in
supply?

Answers

Answer:

Temporary supply constraints, e.g. supply disruption due to weather or accident at a factory.

Fixed prices – and unexpected surge in demand, e.g. demand for fuel in cold winter.

Government price controls, such as maximum prices.

Monopoly which restricts supply to maximise profits.

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