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3 years ago

Which of these keeps prices below equilibrium? A. Minimum price B. Price floor C. Minimum-wage laws D. Rent-control laws

Business

2 answers:

astra-53 [7]3 years ago

8 0

Answer: Rent-control laws

Explanation:

Rent-control laws is known to be laws which limit the amount that landlord charges and increase in rent in a given year. This system of law is made by the government and it also applies to repairs or maintenance of the house, eviction rule and so on. Thus, rent-control laws make houses affordable for low income earners.

boyakko [2]3 years ago

6 0

The answer should be <span>D. Rent-control laws

Rent-control laws keep a limit on how high a land owner can ask you to pay for rent.</span>

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At the end of Year 2, retained earnings for the Baker Company was $3,350. Revenue earned by the company in Year 2 was $3,600, ex

garik1379 [7]

Answer:

Retained earnings at the beginning of Year 2 is $2,950.

Explanation:

Given the following:

Retained earnings at the end of Year 2 = $3,350

Revenue earned by the company in Year 2 = $3,600

Expenses paid during the period = $1,900

Dividends paid during the period = $1,300

Retained earning for year 2 = Revenue earned by the company in Year 2 - Expenses paid during the period - Dividends paid during the period = $3,600 - $1,900 - $1,300 = $400

Retained earnings at the beginning of Year 2 can be using the following formula:

Retained earnings at the end of Year 2 = Retained earnings at the beginning of Year 2 + Retained earning for year 2 .......... (1)

Substituting the values into equation (1) and sole for Retained earnings at the beginning of Year 2, we have:

$3,350 = Retained earnings at the beginning of Year 2 + $400

Retained earnings at the beginning of Year 2 = $3,350 - $400 = $2,950

Therefore, retained earnings at the beginning of Year 2 is $2,950.

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Explanation:

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Answer:

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