The answer to this question is false for this is the question that is important in business when countries decides on allocating income because they need to think about those who will consume the products that has been produced because if this is not prioritized, the business will most likely fail for the consumers are one of the important factors that will contribute to the success of the business.
Answer:
C. 3%
Explanation:
Given that
I = 1875 + 375 = 2250
V = 75000
Recall that,
I/V = R
So,
= 2250/75000
= 0.03
To percentage = 0.03 × 100
= 3%
Answer:
B) Top-down design
Explanation:
When someone carries out a top-down design, he/she is dividing a complex system in smaller parts in order to understand how each part works and how they work with other parts or sub-systems. A top-down approach basically starts at large and then breaks down the system into smaller and more manageable parts.
Answer: excess demand, underestimate
Explanation:
P= 1200 - 2Q
300= 1200 - 2Q
2Q = 1200 -300
2Q = 900
Q = 900/2
Q = 450
Quantity demanded is 450 units
Quantity supplied Q - P = 300
Excess demand = 450 - 300 = 150
The policy will lead to excess demand of 150 per month.
P= 1200 - 2Q
P= 1200 - 2(300)
= 1200 - 600
= 600
Willing to pay price is $600.
Deadweight loss = 0.5 × (Price buyers are willing to pay - ceiling price) × (market quantity supplied - ceiling quantity supplied)
= 0.5(600-300)(400-300)
= 0.5(300)(100)
= 15000
Deadweight loss is $15000
The welfare loss underestimate the actual loss
