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
lina2011 [118]
4 years ago
15

If a quota is set above the equilibrium quantity, there will be: missed opportunities in the form of mutually beneficial transac

tions that don't occur. no immediate effect. a supply price for the quantity transacted that exceeds the demand price of the quantity transacted. incentives for illegal activities.
Business
1 answer:
Anettt [7]4 years ago
5 0

Answer:

The correct answer is no immediate effect..

Explanation:

The impact of the minimum price on the functioning of the market will depend on whether said price is below or above the equilibrium price (the price at which the market would freely tend if there were no public intervention).

If the minimum price is below the equilibrium price it has no impact since the market will naturally be above said minimum price.

On the other hand, if the minimum price is higher than the equilibrium price, this ceiling will prevent the market from reaching its equilibrium point. The price will be at said minimum level where the quantity supplied will be greater than the quantity demanded, which will cause an excess supply that will remain unsold.

If the maximum price is above the equilibrium price it will not have any impact since the market will naturally tend to be below this maximum limit.

If, on the contrary, the maximum price is lower than the equilibrium price, then this limit will prevent the market from reaching equilibrium. The price will be at the maximum limit where the quantity supplied will be less than the quantity demanded. This will cause excess demand, so part of it will remain unmet.

You might be interested in
Dear Mr. Sanchez:
tiny-mole [99]

Answer and Explanation:

1. After discovering about the value of local group ethical leadership, year before. The students naturally experienced most of your work and gratefully asked for the chance for your existence to make a major impact on our next generation of leaders.

The first option is the better option as the next paragraph provides a meaning. The next paragraph starts with 'therefore' It appears to be relatable

2. Even before central message, it does not explain the reasons, and it has no reader advantages.

The meaning as a whole is fairly ambiguous and inconsistent. The reasoning isn't very powerful and there seems to be a lack of compassion.

3. Typically a claim or complaint response ends with a service provider 's expectation. The author must submit a reasonable request in this situation.

7 0
3 years ago
Which Of the following is the most important academic skill that you would need in a scientific career?
Svetlanka [38]

Research skills

(Time management is lower on the totem pole while the other 2 are on the bottom)

8 0
3 years ago
Read 2 more answers
In Chapter 7 bankruptcy a debtor
nalin [4]

Answer: A. is required to draw up a petition listing all assets and liabilities.

Explanation:

Bankruptcy simply refers to the legal whereby an economic entity is unable to repay their outstanding debts. In this case, the individual or business will need to sell its remaining assets in order to pay the liabilities.

Due to the above reason, then the debtor will be required by the government to list all of their assets and the liabilities that it owns and this will be used in determining whether the obligation has been fulfilled or not.

3 0
3 years ago
Typically, the franchisee determines the territory to be served by the franchise. Group of answer choices True False
borishaifa [10]

The False statement about  Franchisee is " Franchisee is a method of distributing products or services involving a franchisor "

To find the False statement , we need to know more about Franchisee .

<h3>What is Franchisee?</h3>

A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.

Franchisee in Territorial Rights:

Whether or not the franchisee is granted a form of territorial protection wherein, for example, the franchisor will not grant competing franchises. Typically franchisees will be granted an operating territory within which they are required and restricted to conduct the operations of their franchise business.

The franchise agreement will define where the franchisee may operate the franchised business, who the franchisee may or may not sell products or service to and any protection that may be afforded to franchisee regarding his or her territory.

Thus, we can conclude that the above statement is Typically, the franchisee determines the territory to be served by the franchise is False.

Learn more about Franchisee on:

brainly.com/question/16826168

#SPJ4

3 0
2 years ago
Which of the following best explains why unions give workers more power in contract negotiations? A. Employers aren't legally al
hram777 [196]

Option D

Employers can't fire an entire union because of the difficulty of replacing every worker best explains reason for unions give workers more power in contract negotiations

<h3><u>Explanation:</u></h3>

One of the numerous significant advantages of getting collectively with your co-workers to create a union is obtaining the accuracy and protection of a union contract. A union contract is a printed contract among the employer and the employees that describes the phases and advantages in a sinless and legally-binding way.

The ability to be capable to recommend policy reforms or raise problems with a company as a whole preferably of just practicing them alone to a manager. A contract is not deemed to be in force till the membership has voted to approve it.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Paleoanthropologists would have a greater interest in ____
    14·2 answers
  • The fact that cmc allows low-level employees to have greater access to higher-level employees is called
    13·1 answer
  • Ben was sent to one of his company’s factories to supervise the production and distribution of laptops. He had to take charge of
    5·1 answer
  • ​a psychologist gives the same test to a client twice. the tests are separated by six days. if the test results are quite diss
    5·1 answer
  • Koehn Corporation accounts for its investment in the ordinary shares of Sells Company under the equity method. Koehn Corporation
    13·1 answer
  • rabapples, Inc. purchases and sells boxes of dried fruit. The following information summarizes its operating activities for the​
    12·1 answer
  • Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that _
    13·1 answer
  • Pascal is a customer-service representative who handles phone inquiries. He has a goal of handling 12 calls per hour. When he ge
    14·2 answers
  • An appliance store sells 500 units of a particular type of dishwasher each year. The demand for this product is essentially cons
    6·1 answer
  • As we consider process improvement efforts, when we identify the needs and
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!