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abruzzese [7]
3 years ago
8

If the government removes a binding price floor from a market, then the price paid by buyers will (A) increase, and the quantity

sold in the market will increase. (B) increase, and the quantity sold in the market will decrease. (C) decrease, and the quantity sold in the market will increase. (D) decrease, and the quantity sold in the market will decrease.
Business
1 answer:
GenaCL600 [577]3 years ago
7 0

Answer:

The correct option is A

Explanation:

Binding price ceiling is the defined or described as the one which happen or occur when the government  fixes or state the required or needed price on the goods or products and the price will be set at  a price below the equilibrium. It is done as the government want that the prices will not rise or increase above the set price and this price binds the market for that good or product.

So, if the government remove the biding price from the market, then the price which is paid by the buyers will increase as price could rise and which will return in the quantity sold will also increase in the market.

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Ksivusya [100]

Answer:

(a) Work/leisure choice

(b) Marketing strategy

Explanation:

Microeconomic issues relate to those that are within the scope and power of individuals, households and firms which means that problems here will relate to decisions that these participants make in relation to resource allocation.

Choices relating to leisure or work have to do with the individual and the resources they would need or derive from either work or leisure and so are a microeconomic problem.

The marketing strategy that a firm should pursue is related to an individual firm and so is a microeconomic problem as well.

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"a branding strategy in which a firm uses a different brand for each of its products is called ____ branding."
Aleksandr-060686 [28]
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3 years ago
Describe some of the possible problems a retailer could experience when attempting to sell online internationally.
Bogdan [553]

Answer:

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Global retail sales, including both in-store and online purchases, surpassed $22 trillion in 2014, according to recent figures from eMarketer. The marketing research firm also predicts a 5.5 % increase in overall international retail sales to $28.3 trillion by 2018.

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hope <em>it </em><em>helps</em>

7 0
2 years ago
To obtain a change of the zoning for a particular property, for example, from residential to commercial, a property owner would
FrozenT [24]

Answer: Zoning Map Amendment?

Explanation:

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It is also known as Rezoning, this process can only begin if requested by town council, town manager or the owner of the property, this is done through application which has to be submitted 30days ahead to the committee meeting.

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3 years ago
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Anna11 [10]

Answer:

The answer is "Whenever a court requires him to use the res ipsa loquitur doctrine, he possibly would succeed".

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Res ipsa loquitur is also an English common law doctrine which claims in an action for tort, throughout the absence of direct proof on whether any defendant acted, a jury may conclude neglect of the nature of an illness or incident. It is used in circumstances in which the complainant is not presented sufficient proof that the offender is not liable.

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2 years ago
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