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Alborosie
3 years ago
12

How do price ceilings and price floors restrict the free exchange of prices?

Business
1 answer:
Yuki888 [10]3 years ago
8 0
Price ceilings are the limit of the prices to go high above the given ceiling while the price floor limit the prices to go below the given amount. The two restrict the free exchange of prices by putting a range of prices allowable only for a certain product. The prices are already limited between the price floor and the price ceiling.
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Product safety has become a hot topic for businesses around the world. The purpose of product safety policies and legislation is
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3 years ago
Leah, Inc., is proposing a rights offering. Presently there are 1,000,000 shares outstanding at $78 each. There will be 100,000
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Answer:

the new market value of the company is $85,000,000

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We simply applied the above formula so that the correct value could come

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Suppose a marketing manager wants to review his/her firm's recent sales report to help determine the impact of a new marketing c
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3 years ago
Complete the following table of basic calculations. For Percent Contribution Margin, use MC. Round to table standard.
matrenka [14]

The table shows that price of J will be $12, the quantity demanded of A will be 700, and the marginal revenue of E is 7.

<h3>How to calculate the values?</h3>

The price of J will be:

= Total revenue / Quantity demanded

= 14400/1200

= 12

The quantity demanded of A will be:

= Total revenue/Price

= 11900/17

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The marginal revenue of E will be:

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The total cost of C will be:

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= 6635

Learn more about demand on:

brainly.com/question/1245771

#SPJ1

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2 years ago
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