Answer: Price ceilings are beneficial to society, and are often necessary, in that they make sure that essential goods are financially accessible to the average person, at least in the short run. By lowering costs, price ceilings also have the beneficial effect of helping to stimulate demand, which can contribute to the health of an economy.
However, there can also be downsides to price ceilings. While they stimulate demand, price ceilings can also cause shortages. Where the ceiling is set, there is more demand than at the equilibrium price. This means that the amount of the good or service supplied is less than the quantity demanded.
For example: in agriculture, medicine, and education, many governments set maximum prices to make the needed goods or services more affordable. Producers may respond to such an economic situation by rationing supplies, decreasing production levels or lowering the quality of production, making the consumer pay extra for otherwise free elements of the good (features, options, etc.), and more.
Request: Can I please get brainliest
It is true that one risk associated with a global investment is caused by the difficulty of obtaining reliable accounting information needed to evaluate stocks issued by international companies.
A solution that will help in the agency problem in terms of
publiclyminus – held corporations is by through having bonuses in the company
or organization that will be based on primarily the short term results that
they have acquired in the company.
Answer:
The answer is setup cost (option C)
Explanation:
Setup cost is simply the cost that comes with the setting up or configuration of production equipment, tools or machines that are needed to produce an item.
This kind of costs are often incurred when assembly or production lines of a factory have been changed. Thus, there is a need to spend money on securing the services of a setup mechanic as well as testing the first output in order to be sure that the equipment, tools or machines have been set up properly.