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
stealth61 [152]
1 year ago
13

How has the international community sought to reduce the negative effects of price floors?

Business
1 answer:
Alex_Xolod [135]1 year ago
3 0

The international community has sought to reduce the negative effects of price floors by banning the practice of dumping surplus productions.

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

This refers to the lowest legal price that can be paid in a market for goods and services, labor, financial capital etc.

It is adopted to keeps a price from falling below a given level. It is also called a price supports because they support a price by preventing it from falling below a certain level.

A very good example of price floor is the minimum wage which is a minimum price for the service of labor and thus is a price floor.

In conclusion, in the international sphere, the international community has sought to reduce the negative effects of price floors by banning the practice of dumping surplus productions.

Read more about price floors

brainly.com/question/24827521

#SPJ1

You might be interested in
When managing your human resources, _____________ is the process of deciding who should be hired, under legal guidelines, to ser
UkoKoshka [18]

Answer:

Interview

Explanation:

An interview is an official conversation between an interviewer and interviewee. The purpose of the interview is to asses whether the interviewee qualifies to hold the position. The interview process usually takes place on the employer premises. Apart from academic and work experience, the recruiting manager assesses other qualities that would make the candidate suitable to work in that organization. Such traits may include teamwork and leadership.

When conducting interviews, an employer will invite several qualified candidates.  The interviewer or the interviewing panel scores each candidate and selects the best. The interview presents the candidate with an opportunity to learn fine details about a potential employer. Specific detail about the job, such as the terms and conditions, are disclosed.  

3 0
4 years ago
According to the following situation below, who has the comparative advantage in producing coffee?
DanielleElmas [232]
It's C)Costa Rica. It says "because of the climate and land of Costa Rica, coffee is much cheaper and faster to produce."
6 0
4 years ago
Read 2 more answers
The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. Compute the number of units
katen-ka-za [31]

Answer:

50,494 units

Explanation:

The sales that must be achieved in order to realize a pretax profit of $167,400 is the  total  fixed costs plus target pretax profit all divided by contribution per unit

Total fixed costs=fixed factory overhead+fixed marketing costs=$109,500+$111,900=$221,400.00  

Contribution per unit= sales price per unit-variable cost per unit

sales price per unit=$968,000/44000=$22

variable cost per unit=($183,500+$241,900+$151,900+$51900)/44,000=$14.30 Contribution per unit=$22-$14.30 =$7.70

target sales units=($221,400+$167,400)/$7.70= 50,494 units  

8 0
4 years ago
How did microsoft defend its case concerning the company's required installation of microsoft internet browsers with all install
Marrrta [24]
The browser could not be sold separately.
6 0
3 years ago
Ravonette Corporation issued 550 shares of $5 par value common stock and 300 shares of $15 par value preferred stock for a lump
Nastasia [14]

Answer:

Common stock issue price = 550 shares  $5 par value

Common stock issue price = $2.750

Preferred stock issue price = $18,000

Par value of preferred stock = 300 shares * $15

Par value of preferred stock = $4,500

Paid in excess of par value of preferred stock = $18,000 - $4500

Paid in excess of par value of preferred stock = $13,500

3 0
3 years ago
Other questions:
  • XYZ is an established business and has written a business plan in order to request additional funding from a local bank. Unlike
    9·1 answer
  • A Pearson’s correlation coefficient of –.5 would be represented by a scatterplot in which:
    9·1 answer
  • A retail store's Sales Account totals $223,000 which includes both the sales revenue and the sales tax on the sales. If the sale
    14·1 answer
  • The annual operating expense of running a copy center is shared by the three departments that use its service: Human resource, A
    9·1 answer
  • During 2022, Novak Corp. entered into the following transactions. 1. Borrowed $61,000 by issuing bonds. 2. Paid $9,350 cash divi
    14·1 answer
  • On a pay stub, what is the difference between “net pay” and YDT Net pay”
    14·1 answer
  • Martha is a 50% partner in the am partnership and has an outside basis of $112,000 at the end of the year prior to any distribut
    10·1 answer
  • What is commercial cooking?<br>​
    11·2 answers
  • The relationship between the future value of a single sum and the corresponding present value of a single sum is determined by t
    6·1 answer
  • what are examples of government legislation designed to protect the consumer? (choose every correct answer.)
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!