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Ilya [14]
3 years ago
10

Suppose the government has imposed a price ceiling on sale of laptop computers. Which of the following events could transform th

e price ceiling from one that is not binding into one that is binding?
A. The number of firms selling laptop computers decreases
B. Improvements in production technology reduce the costs of producing laptop computers
C. The number of consumers buying laptop computers decreases
D. Consumers' income decreases, and laptop computers are a normal good
Business
1 answer:
aalyn [17]3 years ago
7 0

Answer:

The correct answer is (A)

Explanation:

The price ceiling is a threshold price and consumers are not allowed to sell a product above that price. When the government impose price ceiling the profit of sellers usually decrease and sometimes the government provide subsidies to overcome those losses.  If the government impose a price ceiling on the sale of laptop computers the number of firms selling laptop decreases due to high competition and low profits.

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As a manager, when you provide rewards or reprimand your subordinates, you are practicing transactional leadership. question 35
MissTica

The statement given in the question is (A) True.

Transactional leadership is defined as a leadership style that emphasizes rewards and punishments on behaviors that the followers exhibit. This style of leadership seeks to maintain the status quo.

Its contrast is <em>transformational leadership</em>, where the leader works with teams to problem-solve and bring a vision into reality by directly involving themselves.

5 0
3 years ago
The degree of a consumer's willingness to adopt new products and services shortly after they have been introduced is known as __
Sphinxa [80]
Consumer innovativeness I think.
4 0
3 years ago
Caddie Manufacturing has a target debt-equity ratio of .35. Its cost of equity is 12 percent, and its pretax cost of debt is 6 p
frutty [35]

Answer:

10.12%

Explanation:

The computation of the WACC is shown below:

= Cost of debt × (1 - tax rate) × weight of debt + cost of equity × weight of equity

= 6% × (1 - 0.21) × 0.35 ÷ 1.35 + 12% × 1 ÷ 1.35

= 1.23% + 8.89%

= 10.12%

We simply multiplied the capital structure with each of its weight so that the WACC could come and the same is to be considered

7 0
3 years ago
Which activity is a good practice when selling online media?
nikdorinn [45]

Answer:

For Plato the answer is D: Avoid quoting too high a price.

Explanation:

I got it right

4 0
3 years ago
Cracker Company had 2 million shares of common stock outstanding all through 2017. On April 1, 2018, an additional 100,000 share
JulsSmile [24]

Answer:

a. $ 2.41 $ 2.00

Explanation:

Earning per share is the ratio of net Income of the business per outstanding share of the business after deducting the preferred dividend from net earning. It shows how much each stockholder earn against their each share in a specific period.

Earning Per share = Net Income / Outstanding numbers of shares

2017

EPS = $8,000,000/(2,000,000 x 2) = $2.00

As new stock is issued and stock split is declared so, outstanding numbers of shares are changed.

2018

EPS = $10,000,000 / [ ( 2,000,000 x 2 ) + ( 100,000 x 9 / 12 x 2 ) ] = $2.41

8 0
3 years ago
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