Answer: . c. More low-income residents are able to find more housing in rent-controlled cities in the long term.
Explanation: Placing a law that keeps rents at stable prices, people with low resources may have more access to obtain a home if rents are not controlled. The offer will be low so prices will be much higher and in this case not everyone will have access to housing
Answer:
Option (c) is correct.
Explanation:
There are two types of externality are as follows:
(a) Positive externality
(b) Negative externality
Negative externality occurs when a third person is affected by the engagement of two parties. It means that there is a reduction in the consumption function of the third person from the production of goods by the other parties.
In our case, a firm which produces paper and from this production of paper there is an emission of Dioxin which affect the consumption of nearest persons or firms.
Therefore, a paper producing firm have to consider all the externality while calculating the total cost.
Answer:
.B. 9.6
Explanation:
The formula and the computation of the accounts receivable turnover ratio is shown below:
Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
where,
Net credit sales is $240,000
And, the Average accounts receivable would be
= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2
= ($20,000 + $30,000) ÷ 2
= $25,000
So, the accounts receivable turnover ratio would be
= $240,000 ÷ $25,000
= 9.6 times
Great for those with a modest income, draws some interest and can withdrawal without penalty.
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