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
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.

You might be interested in
What are the compromises when crating the constitution
Anettt [7]

Answer:

The three major compromises were the Great Compromise, the Three-Fifths Compromise, and the Electoral College. The Great Compromise settled matters of representation in the federal government.

it should be right if not sorry

.

6 0
3 years ago
Please help :( Marking brainly :D The money that a company has to pay its suppliers is called net profit.
Stels [109]

Answer:

B. False.  It's called trade payables.

Explanation:

5 0
2 years ago
Read 2 more answers
Employee involvement and participation​ (eip) management is a method of management where​ ________.
Fittoniya [83]
It's a method where <span>subordinates share a significant degree of decision-making power with their immediate superiors
One positive benefit of the employee involvement and participation is that companies will prepare more employees to understand the company's operational method and make more potential leaders for the company if it choose to expand in the future</span>
7 0
3 years ago
In an international communication process carried out by a company, the sales force of the company that conveys the encoded mess
Brums [2.3K]

Answer: message channel

Explanation:

In an international communication process carried out by a company, the sales force of the company that conveys the encoded message to the intended receiver acts as a message channel.

The sales force are said to act as a.mesage channel because they are the ones that pass the message across to the intended receiver.

4 0
3 years ago
When a company uses outsourcing, who performs the
Goryan [66]

Answer:

A subcontractor outside the company

Explanation:

Outsourcing stands for an external entity that supplies a service to the company, therefore the company receives a final service of product and do not deal directly with the operation.

5 0
3 years ago
Other questions:
  • Omar is a school superintendent who is trying to improve the selection process for teachers in his school district. Before imple
    13·1 answer
  • Wilson is currently producing a component for one of its products. Wilson has received an offer to buy the component from an out
    11·1 answer
  • The process of production is determined by the ____________ which are the economic resources used for creating output.A) factors
    10·1 answer
  • Disc uses​ activity-based costing. Two of Disc​'s production activities are kitting ​(assembling the raw materials needed for ea
    5·1 answer
  • Mm mjhuuuuuuuuuuuuuuuuuuuuuh
    9·2 answers
  • The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In
    11·1 answer
  • Management is considering using a new component that would increase the unit variable cost by $50. Since the new component would
    15·1 answer
  • Claude is a single father with 2 children. He can work as a stock clerk at Supermaxi store for $8 per hour up to 1,500 hours per
    13·1 answer
  • What is the residual income(loss) if a company has sales of $205,000, cost of goods sold of $115,000, operating expenses of $40,
    7·1 answer
  • Consider a firm which produces T-shirts according to Q = L^0.5, where Q denotes output and L is labor input. The domestic wage i
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!