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liberstina [14]
1 year ago
8

If the government imposes a price ceiling of $4. The quantity purchased by consumers in this market would?

Business
1 answer:
Alexxandr [17]1 year ago
5 0

If the government imposes a price ceiling of $4. The quantity purchased by consumers in this market would decline from 4 to 2.

A price ceiling is a situation in which the calculated price is above or below the equilibrium price determined by the market forces of supply and demand. Higher price caps have been shown to be ineffective. It turns out that price caps are very important in the residential rental market.

A price ceiling is the legal maximum price you can pay for goods or services. Governments set price caps to keep the prices of essential goods and services affordable. For example, when Hurricane Katrina hit in 2005, the price of bottled water exceeded $5 a gallon.

Learn more about the price ceiling here brainly.com/question/1448982

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During which phase does an employee returning from a foreign assignment experience culture shock in reverse?
weeeeeb [17]
The correct answer is repatriation. 
A person who has been sent to work in another country might have a hard time adjusting to his original country once he or she returns. This is because you assimilate into that new culture, and when you go home, you have to readjust again in order to assimilate back into your former culture.
8 0
3 years ago
Complete the following table by selecting the term that matches each definition.
NeTakaya

Answer:

See as below

Explanation:

1. A graphical object showing the relationship between the price of a good and the amount that sellers are willing and able to supply at various prices.

Supply curve: <em>The supply curve is upward sloping. It originates from the bottom left corners and rises as prices increase.</em>

<em> </em>

2. The claim that other things being equal, the quantity supplied of good increases when the price of that good rises.

Law of supply:<em> The law of supply asserts that there is a positive or direct relationship between price and quantity supplied. Firms are willing to supply more at higher prices to make more profits.</em>

3. The amount of a good that sellers are willing and able to supply at a given price.

Quantity supplied:<em> </em><em>Quantity supplied denotes a numerical value that firms are willing to sell at the given price. A high selling is a motivation for producers to supply more. </em>

4. A table showing the relationship between the price of a good and the amount of it that sellers are willing and able to supply at various prices. supply schedule

Supply schedule: <em>A supply schedule shows the quantities that producers are willing to sell at different prices in a period. It illustrates how the price affects the quantities supplies are willing to sell.</em>

7 0
3 years ago
What should I make handmade for a Christmas gift
Llana [10]

Answer:

it really depends on the person what is that person into like maybe draw one of theree favroite things paint them something thats all i can think of for homemade

Explanation:

5 0
2 years ago
Read 2 more answers
When you pick up or drop off an application, be prepared for an
allsm [11]

Answer:

When you pick up or drop off an application, be prepared for an interview.

This might help: https://quizlet.com/46996034/unit-31-job-applications-flash-cards/

6 0
3 years ago
Additional information provided by the company includes the​ following: 1. Current​ assets, other than​ cash, increased by $ 22
Alexandra [31]

Answer:

Net cash used in operating activities = $20,900

Explanation:

There is a prescribed treatment of increase in current assets and current liabilities, if there is any increase in current assets such increase is deducted from operating cash flow,

and any decrease in current liabilities is added as a step to calculate cash flow from operating activities.

Therefore with this we have

Net Operating cash Flow

Less: Increase in current assets = ($22,000)

Add: Decrease in Current Liabilities = $1,100

Net cash used in operating activities = $20,900

8 0
3 years ago
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