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
STatiana [176]
4 years ago
14

Fill in the blanks to complete the passage regarding the development of illegal markets in response to price ceilings. – are ill

egal markets that emerge in response to price controls. a few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. the additional demand is met by – suppliers selling at much – prices.
Business
1 answer:
djverab [1.8K]4 years ago
3 0

Black markets are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. The additional demand is met by underground suppliers selling at much higher prices.

The government does not support the black market or any of their actions with getting items and selling them in other forms. Those who are in demand of a good when they have a hard time in getting it may purchase it illegally at a higher price just so they can receive that good. When there is an exchange of goods in the black market, these items are usually prohibited by the government and therefor illegally being sold.

You might be interested in
A cartel differs from a monopoly in that ________.
Marrrta [24]
I believe the answer is: B. <span>businesses making the same product agree to limit production.

In a monopoly, only one single business exist that control the production of a certain goods in the market.
For cartel, there are a lot of established businesses with different ownership, but they agreed to control their production in order to maintain the price level in the market.
</span><span /><span>
</span>
3 0
3 years ago
Read 2 more answers
Erastic Company has $14,000 in cash, $8,000 in marketable securities, $34,000 in account receivable, $40,000 in inventories, and
rosijanka [135]

Answer:

1.33

Explanation:

Data provided in the question:

Cash = $14,000

Marketable securities = $8,000

Account receivable = $34,000

Current liabilities = $42,000

Now,

Acid Test Ratio

= (Cash + Marketable securities + Account receivable) ÷ Current Liabilities

= ( $14,000 + $8,000 + $34,000 ) ÷ $42,000

= $56,000 ÷ $42,000

= 1.33

8 0
3 years ago
Two countries produce copper and lead. Country A can produce a maximum
alina1380 [7]

Answer:

A. Country B has a comparative advantage producing copper.

Explanation:

Comparative advantage is the capability of a firm or country to produce a good or service at a lower opportunity cost than rivals. It implies the country uses fewer resources to produce that commodity. Comparative advantage enables a country to have a higher output while using the same inputs as its competitors.

Country B can produce 400 tons of copper, while country A  ability is 300 tons. Country B uses labor and materials more efficiently in copper production; hence it has a comparative

8 0
3 years ago
The __________ is a listing of all the balance sheet and income-related accounts
fenix001 [56]
<span>Answer : Chart of accounts Explanation: A chart of accounts (COA) is a created list of the accounts used by an organization to define each class of items for which money or the equivalent is spent or received. It is used to organize the finances of the entity and to segregate expenditures, revenue, assets and liabilities in order to give interested parties a better understanding of the financial health of the entity.</span>
8 0
3 years ago
Which of the following is an example of voluntary debt - that is, debt a person or business creates in good faith and not under
Rudiy27

A mortgage is an example of voluntary debt - that is, debt a person or business creates in good faith and not under duress.

Mortgages are a sort of loan that can be used to buy or keep up a house, land, or another piece of real estate. The borrower agrees to make periodic payments to the lender, usually in the form of a series of regular instalments that are split into principal and interest. The property then acts as security for the loan.

Applying for a mortgage requires a borrower to make sure they meet a number of standards, including minimum credit ratings and down payments. Prior to closing, mortgage applications go through a thorough underwriting procedure. The borrower's needs will determine the different mortgage options, such as fixed-rate and conventional loans.

Learn more about mortgages here:

brainly.com/question/13447700

#SPJ1

7 0
1 year ago
Other questions:
  • Vernon Inc. has analyzed the setup time on its computer-controlled lathe. The setup requires changing the type of fixture that h
    12·1 answer
  • The Matthews want to split their refund between savings and checking accounts. How is this accomplished, if possible?
    15·1 answer
  • Which of these contributes to a budget deficit?
    8·1 answer
  • Guido and Hal want to rescind their contract under which Guido sold Hal a mountain bike for $100. To rescind the contract​ Selec
    10·1 answer
  • Which of the following statements is true of inflation? Group of answer choices
    15·1 answer
  • 22.1 Which of the following is not one of the conceptual design steps? A. Preparing the conceptual systems design report. B. Pre
    6·1 answer
  • Which economic system has economic roles that are passed from generation to generation?
    15·1 answer
  • What is costumer sovereignty?
    8·1 answer
  • Most voluntary changes in accounting principles are reported retrospectively. This means for each year reported in the comparati
    10·1 answer
  • Associations between land cover categories, gaseous PAH levels in ambient air and endocrine signaling predicted from gut bacteri
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!