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lina2011 [118]
3 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]3 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.

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4 0
1 year ago
At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player at full capacity that normally
stiks02 [169]

Answer:

Effect on income= $0

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<u>Because the company has excess capacity and it is a special offer that would not affect normal sales, we will not include the fixed costs.</u>

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8 0
2 years ago
If the Administrator were examining the actions of a particular agent to determine whether the agent engaged in churning a clien
Elena L [17]

Answer:

C) the client's objectives, financial resources, and the character of the account

Explanation:

While at the time of examining the actions of a specific agent by the administrator with respect to the commission earned would be depended upon the objective of the client, his financial resources,and the character of the account.

The character of the account represents the type of account in which the client is interest as different accounts have different commissions

So these three above objectives should be required

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7 0
3 years ago
Operating cash flow is defined as:A. a firm's net profit over a specified period of time.B. the cash that a firm generates from
mina [271]

Answer:

B. the cash that a firm generates from its normal business activities using its existing assets

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It represent the cash from the main activity. It is a good indicator wether the company needs external financing or it can sustain his grow with own funds.

It is stated in the cash flow statement. along with investing and financing activities.

3 0
3 years ago
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