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laila [671]
2 years ago
6

when a binding price ceiling is imposed on a market for a good, some people who want to buy the good cannot do so.

Business
1 answer:
liraira [26]2 years ago
6 0

when a binding price ceiling is imposed on a market for a good, some people who want to buy the good cannot do so. So the correct answer of your question is True.

Binding Price Ceiling
On the other hand, if a price ceiling's level is set below the equilibrium price that would develop in a free market, it renders the free market price illegal and alters the outcome of the market. As a result, we can begin examining the impacts of a price ceiling by figuring out how a legally binding price ceiling will impact a market that is competitive.

To learn more about Binding Price Ceiling
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Complete Question

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Mateo’s instructor tells him that before he goes further in his job search, he needs to engage in some introspection. How would
Alex17521 [72]

He is journaling about his strengths and weaknesses is Mateo’s actions BEST demonstrate introspection. Because then only he can understand the potential of himself for doing anything.

<h3>What is the strength and weakness?</h3>

Strengths are the potential traits and skills that a person poss of and with the help of the strength, the person build themselves in a job career.

Weakness is the skills and trait that is considered negative for any person that lags them down in the career, they always tried to overcome their weakness.

Thus, option B is correct.

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7 0
2 years ago
assume that your publicly traded company attempts to be completely transparent about its financial condition, and provides thoro
snow_tiger [21]

Answer:

A company's stock price is defined by the demand the market has over it, by the analyst researching it and their forecast of growth, as well as the performance of the company at generating income.

Explanation:

The P/E ratio or price over earnings ratio is the ratio that explains the price of a stock. We take the price of the stock and then divide it by the earnings per share obtained by quarter and then by year when the fiscal year is over. It is influenced by the demand of the stock in the markets, by the projection analyst may have after researching the company and by the income, the company generates. Today there is an overvaluation of the stocks in all the markets. However by following the advice of W. Buffett and Peter Lynch, as well as Soros we can find undervalued stocks.

8 0
3 years ago
50 percent of your potential customers would be willing to buy your product for $16 each, but the other 50 percent would be will
nignag [31]

If you set the selling price of each unit at $16, the expected profit per customer is: $6.

<h3>Expected profit</h3>

Using this formula

Expected profit=Lowest amount willing to pay-Marginal cost

Where:

Lowest amount willing to pay=$10

Marginal cost=$4

Let plug in the formula

Expected profit=$10 - $4

Expected profit= $6

Therefore if you set the selling price of each unit at $16, the expected profit per customer is: $6.

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8 0
2 years ago
2. The feature of the general version of the arbitrage pricing theory (APT) that offers the greatest potential advantage over th
Simora [160]

Answer: Use of several factors instead of a single market index to explain the risk-return relationship

Explanation:

Arbitrage pricing theory (APT) is when the return on an asset is forecasted when the linear relationship which exist between the expected return of the asset and the macroeconomic variables are being considered.

Capital Asset Pricing Model (CAPM) helps in showing the relationship that take place between systematic risk and an asset expected return.

The feature of the general version of the arbitrage pricing theory (APT) that offers the greatest potential advantage over the simple CAPM is the use of several factors instead of a single market index to explain the risk-return relationship as it's more robust when compared to the CAPM.

3 0
3 years ago
Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem
qwelly [4]

Answer: See explanation

Explanation:

​a) What is the economic order​ quantity? ​

This will be:

= ✓[(2 × Demand × Ordering Cost)/(Holding Cost)]

= ✓(2 × 15700 × 77 / 22)

= ✓109900

= 331 approximately

b) What are the annual holding​ costs? ​ ​

Holding Cost = Average Inventory × Holding cost for item

= 331/2 × $22

= $3641

c) What are the annual ordering​ costs? ​

This will be calculated as:

= (Annual Demand/EOQ)*Ordering Cost

= (15700 / 331) × 77

= $3652

​d) What is the reorder​ point?

Reorder point = Daily Demand × Lead Time

= (15700/300) × 3

= 157 units

3 0
3 years ago
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