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
Flauer [41]
1 year ago
10

a. what type of price control would policy makers use to keep the price of beef from getting too high?

Business
1 answer:
Troyanec [42]1 year ago
7 0

Price floor can be used by policy makers to keep the price of beef from getting too high.

A price floor is a restriction on how low a price can be imposed for a good, item, or service that is set by the government or another party. To be effective, a price floor needs to be greater than the equilibrium price.

It is the least amount that is permissible under law to exchange products and services, labor, or financial capital.

The minimum wage, which is founded on the normative idea that someone performing a full-time job should be able to afford a basic level of living, is maybe the best-known example of a price floor.

In order to prevent a commodity's market price from falling too low and endangering the producers' ability to make a living, governments typically set a price floor.

To know more about price floor, visit:

brainly.com/question/29425092

#SPJ4

You might be interested in
Why did the Great Depression of 1928 affect people from almost all parts of the world?
Zigmanuir [339]

Answer:

C. Sharp rise in price of goods in the United States led to an increase in imports.

Explanation:

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

In conclusion, the Great Depression of 1928 affect people from almost all parts of the world because sharp rise in price of goods in the United States led to an increase in imports.

8 0
3 years ago
Read 2 more answers
If lucinda has only $18 to spend and the price of kewpie dolls and the price of beanie babies are both $6, how many of each woul
Step2247 [10]
<span>Lucinda could buy either 2 kewpie dolls and 1 beanie baby, or 1 beanie baby and 2 kewpie dolls at $6 a piece if she has $18. Rationally, Lucinda would want at least one of each toy. Whether she went with the first or second option the amount she would spend would be as follows: $6Ă—3 toys=$18.</span>
6 0
4 years ago
You purchased 200 shares of ABC stock on July 15th. On July 20th, you purchased another 100 shares and then on July 22st you pur
Mashutka [201]

Answer:

$330

Explanation:

The computation of the dividend income received as on July 31 is shown below:

where,

Total number of shares purchased is

= 100 shares + 200 shares

= 300 shares

And, the dividend per share is $1.10

So, the dividend income received is

= 300 shares × $1.10

= $330

We simply applied the above formula to determine the dividend income received

7 0
3 years ago
P. Jameson Co. sold $500 of merchandise on Master Card credit sales. The net cash receipts from the sale are immediately deposit
Alchen [17]

Answer:

The journal entry would be as follows:

Account                                  Debit           Credit

Cash                                       $480

Sales Revenue                                           $500

Credit Card Expense                                 $20

The Credit Card Expense corresponds to the 4% fee that Master Card charged P. Jameson Co. ($500 x 20% = $20)

4 0
3 years ago
What is the most common method of measuring flows of trade?
kakasveta [241]

The most common method to measure flows of trade is the comparison between the exportation of merchandise, services, and the capital of the countries.

<h3>What is trade?</h3>

Trade is the situation where the countries buy (import) from or sell (export) to the countries outside the boundaries of their own territories.

Exports referred to the scenario where one country provides goods and services to another country abroad. The comparison of goods, services, and monetary capital of foreign countries with respect to their own countries can be used as a common method to measure the trade flows.

Therefore, the exporting of goods, services, and capital to other countries is the method to determine trade flows.

Learn more about the trade from the related link:

brainly.com/question/3617318

#SPJ4

4 0
2 years ago
Other questions:
  • Security A and Security B have similar risks. However, Security A has a higher rate of return than Security B. The return on Sec
    5·1 answer
  • On January 1, 2017, Panther, Inc., issued securities with a total fair value of $564,000 for 100 percent of Stark Corporation's
    11·1 answer
  • QUESTION 5 Which of the following is a primary responsibility of the Federal Reserve Bank? Establish monetary policy Collect tax
    11·1 answer
  • Use the contribution margin ratio to project operating income​ (or loss) if revenues are $ 520.000 and if they are $ 1.040.000.
    7·1 answer
  • g An analysis and aging of Headland Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated t
    6·1 answer
  • On October 12, 2006, Lowell Corporation invested $600,000 in short-term available-for-sale marketable securities. The market val
    13·1 answer
  • Sparkman Co. filed a bankruptcy petition and liquidated its noncash assets. Sparkman was paying forty cents on the dollar for un
    13·1 answer
  • The Wei's are buying their first home. The purchase price of the home is $175,859. The Wei's are putting a
    5·1 answer
  • Kendrik was frustrated that his DVD player wouldn't play a DVD he purchased while on vacation in Great Britain. When he called t
    12·1 answer
  • A friend tells you that they cannot pay for for the standardized tests that need to be taken to apply for college and military s
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!