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4 years ago

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

1 answer:

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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Which of the following loans typically have the highest interest rate? Car loan, credit card, payday loan, mortgage

Ann [662]

Payday loans typically have the highest interest rate. APEX

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3 years ago

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A good’s price elasticity of demand depends in part on how necessary it is relative to other goods. If the following goods are p

Elza [17]

Answer:

2) Chemotherapy for cancer patients

Explanation:

Chemotherapy for cancer patients is a basic necessity needed for the patient to continue living, so if the price of chemotherapy increases or decreases will not affect the patient's choice of getting it. What can affect the patient's decision is whether he/she can afford the treatment, but even if he/she can't they will seek other ways of trying to obtain it, e.g. going to public hospitals.

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3 years ago

Which is your least urgent concern if you are stranded in a remote area and must await rescue?

Karolina [17]

The least urgent concern if you are stranded in a remote area is that whether you have a shelter or a place that you could stay until the rescue arrives. It is because the most urgent concern that you have to deal with or prioritize first is your food and the materials you need to survive.

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3 years ago

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Vandalay Industries manufactures two products: toasters and blenders. The annual production and sales of toasters is 2,200 units

zzz [600]

Answer:

$35.085

Not in options.

Explanation:

As for the provided information,

Details of Production are:

Toasters = 2,200 units

Blenders = 1,500 units

Hours required for each unit are:

Toasters = 1.25

Blenders = 1

Now, therefore, total hours of direct labor

Toasters = 2,200 $\times$ 1.25 = 2,750

Blenders = 1,500 $\times$ 1 = 1,500

Total hours = 4,250

Thus, total overheads = $149,115

Rate per hour = $149,115/4,250 = 35.085

Based on the information given the answer is $35.085, although this is not in the option.

Therefore, options provided are incorrect.

7 0

3 years ago

What is the return on common stockholdersâ equity based on the following: Beginning Common Stockholdersâ Equity: $10,317,000 End

Slav-nsk [51]

Answer:

13.28%

Explanation:

return on stockholders' equity = net income after taxes and preferred stock dividends / average stockholders' equity

net income = $1,429,000
preferred stocks dividends = 8,000 stocks x $75 x 6% = $36,000
average stockholders' equity = ($10,317,000 + $10,662,000) / 2 = $10,489,500

return on stockholders' equity = ($1,429,000 - $36,000) / $10,489,500 = 13.28%

5 0

4 years ago