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aleksandr82 [10.1K]
1 year ago
7

A price ceiling is a legislated price that is:________

Business
1 answer:
Sergeeva-Olga [200]1 year ago
6 0

Answer:

set above the equilibruim price

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A buyer and a seller are disputing a contract for sale and purchase. They agree to submit the matter to a third party who will m
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Arbitration

Explanation:

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3 years ago
Please answer the following questions:
Oduvanchick [21]

The price elasticity of the loan taken by the entrepreneur comes out to be 10.

<h3>What is the price elasticity of demand?</h3>

The price elasticity of demand is an indicator used to determine the sensitivity of demanded quantity with respect to its corresponding price.

Given values:

Change in quantity demanded: 50%

Change in price: 5%

Computation of price elasticity of demand:

\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=\frac{\rm\ Change \rm\ in \rm\ quantity \rm\ demanded}{\rm\ Change \rm\ in \rm\ price} \\\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=\frac{50\%}{5\%} \\\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=10

Therefore, when the change in quantity demanded is 50% with the change in the price is 5%, then the price elasticity of a business loan is equal to 10.

Learn more about the price elasticity in the related link:

brainly.com/question/10610673

#SPJ1

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Which subjects does the Aspire test assess?
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five subject areas: English, mathematics, reading, science, and writing

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A) Yes, because the government requires individuals to report income earned from an employer and other sources.

His side gig was the equivalent of self contracting. He would definitely have to report of he made over $400.
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