1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sauron [17]
2 years ago
14

A binding price ceiling is designed to:Question 2 options:a) increase efficiency.b) prevent shortages.c) keep prices below the e

quilibrium level.d) increase the quality of the good.
Business
1 answer:
xz_007 [3.2K]2 years ago
8 0

A binding price ceiling is designed to c) keep prices below the equilibrium level.

<h3>What is a binding price?</h3>

A binding price ceiling is a term used to refer to a case whereby government sets a required price on a good or goods.

This price is usually set at a price below equilibrium.

Producers are are usually at the beneficial sides as a result of the binding price floor incase the price is higher than equilibrium price.

while Consumers are always worse off since they must pay more for a lower quantity.

Learn more about binding price at;

brainly.com/question/19104371

You might be interested in
Layla made a snide remark to her colleague that he "looks at the customer like henry ford probably did." what did she mean by su
Anarel [89]
She made a snide remark means she's looking to her colleague in a negative or insulting way. If her action is can be compared with how he looks at the customer like henry ford probably did.

Henry Ford is a well-known businessman. What Layla tried to show is that she collogue should treat well their customer because of the source of their money or company's income. 
8 0
3 years ago
What is the best strategy to avoid paying interest on your credit cards?
lord [1]

c pay the miminum balance each month

8 0
3 years ago
Read 2 more answers
A national grocery chain is divided into well-demarcated groups such as the Northeastern division, the Northwestern division, th
pochemuha

Based on the fact that the divisions of this national grocery chain are set up in such a way that they can serve different locations, this is a<u> geographic structure.</u>

<h3>What is a geographic structure?</h3>

This is a departmentalization style where a company creates divisions in various areas to service their customers located in those places.

This is what this national grocery chain is doing by setting up divisions in various areas to access their customers around the country.

Find out more on the departmentalization at brainly.com/question/15052404.

#SPJ12

5 0
2 years ago
1. Production in insurance refers to the policies they produce: * True or False?
frosja888 [35]

Answer:

false

Explanation:

8 0
2 years ago
Campbell, Inc. has just conducted a SWOT analysis. Typically, the next step in the marketing planning process would be ________
Law Incorporation [45]

There are different kinds analysis. The next step in the marketing planning process would be Identifying and evaluating opportunities and involves using STP (segmentation, targeting, positioning).

<h3>What is Identifying and evaluating opportunities?</h3>

The steps of the strategic marketing process includes mission, situation analysis, marketing plan, marketing mix, and implementation and control.

The third step in the marketing planning process, following the situation analysis, is known to be the steps where one has to identify the various opportunities by using STP which is Segmentation, Targeting, and Positioning.

See full question below

After a firm has conducted a SWOT analysis, it would typically progress to the next step of marketing planning which is _______ and involves using STP (segmentation, targeting, and positioning).

A. defining the mission

B. conducting a situation analysis.

C. identifying and evaluating opportunities

D. implementing the marketing mix

E. evaluating performance

learn more about  marketing planning process from

brainly.com/question/8638255

5 0
3 years ago
Other questions:
  • What is one reason that a person might want to be an entrepreneur?
    8·2 answers
  • Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most bal
    5·1 answer
  • The national do not call registry was created to give americans a tool for maintaining their privacy on home telephone lines. mo
    14·1 answer
  • Firm A manufactures brake pads, a component of a braking system, and sells them to Firm B, who sells braking systems used in veh
    14·1 answer
  • What is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually?
    6·1 answer
  • The initial step in channel stewardship is mapping the channels of a given industry. It calls for analyzing four major forces th
    7·1 answer
  • During the current year, Orr Company incurred the following costs: Research and development services performed by Key Corp. for
    13·1 answer
  • World trade has grown substantially in the last 60 years. for example, while world output grew at an annual rate of 3.8% per yea
    10·1 answer
  • Someone please help me!!!
    11·1 answer
  • The saving component of financial planning focuses on long-term security and includes:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!