All categories

1 year ago

What quantity will the sellers be able to sell after the imposition of the price floor?

1 answer:

7 0

If a price control makes production unprofitable or only slightly more lucrative than average, the amount supplied declines. A price limitation does not necessarily make output unprofitable or insufficiently profitable for all producers in a field.

Effects of a pricing floor. The government imposes a price floor to force consumers to pay manufacturers a minimum amount. In cases where the government feels that producers are obtaining an unjust amount, a price floor is created. With the sole purpose of aiding producers, price floors are imposed. Price floors do have certain negative market implications, though.

Price floor and pricing ceiling are both governmental measures of price regulation. But there is a limit or constraint on how low a price can be set for any good. Government-set minimum prices for specific goods and services are required by law in order to protect producers from receiving extremely low prices.

Learn more about the Imposition of the price floor here:

brainly.com/question/14450529

#SPJ4

You might be interested in

HELP ASAP Line graphs show price trends over different time periods. What data points are used to create a line graph on the sto

algol13

Answer:

close price; day

Explanation:

4 0

2 years ago

Read 2 more answers

Costs that can be easily and conveniently traced to a specific product are called ______ costs.

vaieri [72.5K]

Answer:

A direct cost

Explanation:

7 0

2 years ago

A business will want to borrow to undertake an investment project when the rate of return on that project is:

pychu [463]

Answer:

B) higher than the interest rate.

Explanation:

In the case when the business wants to borrow for a project so the rate of return would be greater than the rate of interest

And in the case when the rate of interest is lesser than the expected return so the investment would look attractive due to this there is a rise in the borrowing for that investment

Hence, the option b is correct

3 0

2 years ago

According to peterson, what was the catalyst for the formation of the first truly global trade network?

Snowcat [4.5K]

According to peterson, not the railroad was the catalyst for the formation of the first truly global trade network.

Who started the galleon trade?

After Augustinian friar and navigator Andrés de Urdaneta evolved the tornaviaje, or go back direction, from the Philippines to Mexico, the Spanish mounted the Manila galleon alternate direction in 1565.
In that year, Urdaneta and Alonso de Arellano finished the primary a success spherical trip.

What element made the Philippines a middle for shipbuilding?

Indios have been a abundant supply of reasonably-priced exertions that might be abused. -Indians have been professional shipbuilders. -enough deliver of top-notch lumber.

Who constructed the primary deliver withinside the world?

Among the earliest deliver builders have been the Egyptians. Egyptian vases and graves include the earliest depictions of boats ever discovered.
These images, which date again at least 6000 years, depict long, slender boats.
They used paddles to row and have been mainly made from papyrus reeds.

Learn more about galleon trade

brainly.com/question/21171620

#SPJ4

7 0

1 year ago

Maddy has been performing at a very high level at a firm, and so when two of her colleagues who are currently leading other deve

tatuchka [14]

The second team is currently in the requirements phase of their project. In this phase, the team would plan and spell out exactly what is required of the system that they are constructing. This phase comes with heavy input from stakeholders who help define the scope and nature of the project.

5 0

2 years ago