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
First, add up the expenses that she pays yearly and then divide by 12 to know the mostly cost.
Real estate taxes = $1,440
Insurance costs = $900
Misc. costs = $1,000
Total = $3,340
Monthly costs = $3,340/12
Monthly costs = $278.33
Her mortgage payment = $940
Deducts $121 from income taxes
$940 - $121 = $819
Total minimum she should charge is = $819 + $278.33
Monthly payment for rent = $1,097.33
Answer:
$304,600
Explanation:
Break-even point = Fixed cost / Contribution margin
Break-even point = $121,840 / 0.4
Break-even point = $304,600
Therefore, the break-even point is $304,600
Because together they get the job done .
Answer: They sell products and advertise their products.
Explanation: