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
OLEGan [10]
3 years ago
11

explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist.

Business
1 answer:
UkoKoshka [18]3 years ago
8 0
A price ceiling is the maximum price a company is allowed to charge for that good. This is intended to assist the consumers so that they would not have to be an insane amount for a product.
You might be interested in
Which of the following types of businesses might have an operating cycle longer than one year?
rjkz [21]

Answer: E. Commercial airplane manufacturer.

Explanation:

An operating cycle refers to the amount of time it will take a company to produce or purchase goods, sell them and receive cash for the goods.

A Commercial airplane manufacturer might have an operating cycle longer than a year as it takes time to manufacture planes and then to sell them due to their high prices and even at that with the huge amounts involved, the payments might not come all at once.

6 0
3 years ago
Janice works as a consultant for a tech company. In the past, the company has relied heavily on its toll-free line to sell new p
tiny-mole [99]

Answer:

Option C.

Explanation:

Automatic Merchandising  refers to the way in which the selling of merchandise is carried out through the use of vending machines.

Automatic Merchandising can also referred to as automatic selling and it saves the company from incurring cost of labor, involving a third party directly and so on.

However, this method might be the wrong strategy to be used in the company Janice works for. This is due to the fact that the company's customers are still loyal to the company because of the quality customer service. The quality customer service that the company offers will therefore, cease to exist if the company switched to Automatic Merchandising, because sales through this method are impersonal.

4 0
3 years ago
Read 2 more answers
The us economy after world war i relied in large part on loans from abroad. Construction. Inflation. Farming.
Dennis_Churaev [7]

Answer:

it'a B

Explanation:

I just took the test.

4 0
2 years ago
Maria spends all of her money on paperback novels and beignets. In 2011 she earned $27.00 per hour, the price of a paperback nov
marishachu [46]

Answer:

1.  The price of a beignet is $3.00 in 2011 and Maria's wage is $27.00 per hour in 2011.

2. The price of a paperback novel is 3 beignets in 2011 and Maria's wage is 9 beignets per hour in 2011.

3. 3 Beignets

4. increases and remains the same

Explanation:

1.  Nominal value is the value of a product based on the money of the day that we see. The price of a beignet is $3.00 in 2011 and Maria's wage is $27.00 per hour in 2011 are the values of the product and wage quoting the money of the day.

2. The real value of a varaible is the value in terms of the value of some other goods. In this case Paperback and Maria's wage are valued in terms of beignets.

3. The relative price of paperback is valued in terms of beignets. So if a beignet costs $6 and a paperback novel is $18. The relative price of a paperback novel will be three times the cost of beignet, since a beignet costs $6.

4. Between 2011 and 2016, the nominal value of Maria's wage increases and the real value of her wage remains the same.

6 0
3 years ago
Environmentalists have continually argued for the use of alternatives to fossil fuels to generate energy. Harnessing wind power
son4ous [18]

Answer:

<u>Mistake of ignoring secondary effects</u>

Explanation:

Whenever there arises an adverse impact of a policy and it's implementation, owing to ignorance of secondary consequences, it is termed as ignoring secondary effects.

In short, it refers to assessing and viewing only the positive aspects of a policy or a move, meanwhile not taking into consideration the other adverse consequences which are also associated with the same policy.

In the given case, the environmentalists have only considered the generation of alternative sources of energy via windmills which will lead to preservation of fossil fuels. The proposed policy has been implemented without taking into account it's flip side i.e the harm it causes to bat population and migratory birds.

Thus, it can be stated that the environmentalists herein only considered the favorable outcome of a policy implementation and ignored the adverse effect of the same. Hence, they are said to have committed the mistake of ignoring the secondary effects.

7 0
3 years ago
Other questions:
  • Donielle opened a revolving line of credit with a $4,000 credit limit. How much does she
    6·2 answers
  • 1. Charlie Corporation transfers $700,000 stock and land with a value of $200,000 (basis of $95,000) to Sebago for most of its a
    6·1 answer
  • Two years ago, the de Castellane Manufacturing Company included its employees in a profitsharing plan in which workers receive s
    9·1 answer
  • Green Manufacturing Company produces a product that has a variable cost of $30 per unit. Fixed costs amount to $240,000. The sel
    15·1 answer
  • Reidenbach Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The budgeted fixed man
    12·1 answer
  • Write a summary of the 3 principles of economic activity
    8·2 answers
  • Suppose the Digby company expands to other markets with good designs, high awareness and easy accessibility, what strategy would
    8·1 answer
  • Masco is a consumer discretionary company that focuses on home improvement products. Here is a breakdown of the revenue concentr
    11·1 answer
  • In order to find last season’s batting averages for his favorite baseball players, Jose should look in a Sport’s
    15·2 answers
  • In a statement of approximately 75 words explain why the economic systems in countries with dictatorships or closed systems of g
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!