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Vladimir [108]
4 years ago
14

Consider the above table. if the government imposes a price ceiling on garbanzo beans of? $8, what would be the likely? result

Business
1 answer:
viktelen [127]4 years ago
8 0
On the off chance that the government forces a  price ceiling on garbanzo beans of $8 it will come about the market equilibrium will be reached. 
Market equilibrium is a state in which the market supply in the market is equivalent to the request in the market. The equilibrium price is the cost of a decent or administration when the supply of it is equivalent to the interest for it in the market.
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Caroline is assessing market growth, market competitiveness, and market access for each segment she has identified. Caroline is
Oksi-84 [34.3K]

Answer: profitability

Explanation: profitability measures the return made from one's investment in a particular business or endeavor. The gain or yield accrued will differ from one investment or market segment to the other. In the scenario described above, Caroline has identified some potential markets which she is probably looking forward to dive into. However, studying the profitability of each market segment is essential and can be determined based on factors such the rate or speed at which the market is growing as this will determine the demand, how competitive the market is as competitiveness plays a role in an investors level of preparedness and the market access. Other factors to determine profitability may include ; government regulation, seasonality of product and so on.

3 0
3 years ago
Miles is three years old and his grandparents have given him money to spend at the toy store as a birthday present. Miles' numbe
KATRIN_1 [288]

Answer:

The correct answer is Fire trucks.

Explanation:

According to the scenario, the given data are as follows:

1. Building blocks buy = $50

Increase in units = 100 units

2. Fire trucks buy = $20

Increase in units = 80 units

( which means in $50 Fire trucks can be bought 2.5× existing units)

So, In $50 Fire trucks increase in unit = 80 units × 2.5 = 200 units

3. Trains buy = $5

Increase in units = 15

( which means in $50 Trains can be bought 10× existing units)

So, In $50 Trains increase in unit = 15 units × 10 = 150 units

Hence, Fire trucks will give the maximum utility.

7 0
3 years ago
When a company provides services for which cash will not be received until some future date, the company should record the amoun
elixir [45]

Answer:

False

Explanation:

The revenue principle and the matching principles are two principles that help in the determination of the period in which expenses and revenues are recognized. In line with the principle, as long as any revenue is realizable, then such expenses or revenues are recognized. As long as services are rendered or goods transferred, regardless of the time in which the cash is received, revenue is recognized. However, accrued revenue is that which is recognized before receiving cash, while deferred revenue is the revenue recorded or realized after receiving cash.

6 0
3 years ago
The following balances were taken from the general ledger of Doogie Corporation as of December 31. All balances are normal. Cash
SCORPION-xisa [38]

Answer:

The total debit in the trial balance gives $72400,same as the total credits

The trial balance is prepared just before the preparation of financial statements such statement of profit or loss ,statement of financial position(balance sheet) as well as cash flow statement.

Find attached spreadsheet containing the trial balance prepared.

Explanation:

The trial validates the arithmetical accuracy of postings done in the ledger accounts.

To prepare the trial balance,balances extracted from the ledgers are required.The rule is that assets,expenses and drawings are debited to trial balance why income,capital and liabilities are credited

Download xlsx
5 0
3 years ago
Read 2 more answers
While writing business messages, avoid terms that unnecessarily focus on differences?
77julia77 [94]
<span>This is true. By looking at similarities, one can keep the tenor of the message positive. This is a major aspect of writing good business letters. Constantly focusing on the negative aspects will do nothing but put off the recipient of the letter and make it harder for them to accept the premises of the message.</span>
7 0
3 years ago
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