Answer:
The correct answer is option C.
Explanation:
Price control or price ceiling can be defined as a type of price control in which the upper limit is fixed for the price of certain goods and services. The price ceiling is imposed on products which are necessities. Higher prices of these products are likely to increase dis-utility. The price ceiling is used to make necessities affordable to people.
Among all the goods mentioned above aspirin and antacids are necessary items. The rest of the goods are luxury items, they are not basic necessities. So price control is most likely to be used on aspirin and antacids.
Answer:
C) legal component
Explanation:
When Jane got the job at Incogyn Inc she signed a contract that states she would receive $7,500 after all taxes are paid. Instead she was paid $7,230.
This is a misinterpretation of information, breach of the contract between Jane and Incogyn so the loss incurred was as a result of legal component of Incogyn Inc's environment.
When companies make deductions not previously agreed upon, the information should be passed along to the employees to avoid legal action.
Answer:
The correct answer is True.
Explanation:
According to the nature of the equity accounts, a debit means a decrease in the balances generated within this item for the benefit of the members. On the contrary, a credit means that equity increases.
this reason, there is a total balance of capital for $ 15,000 and another for $ 25,000. If the balance of $ 25,000 is subtracted from $ 15,000, you have to:
Available cash = 25,000 - 15,000 = 10,000.
Answer:
Option (c) is correct.
Explanation:
Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.
Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.
Answer:
C
Explanation:
This is the only toy listed.
