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Nostrana [21]
3 years ago
7

When a price floor is placed on the price of movie tickets, the consumer surplus relative to the free market equilibrium will mo

re likely increase. decrease. remain the same. increase by 100%. decrease by 100%?
Business
2 answers:
Lostsunrise [7]3 years ago
4 0
It will definitely decrease, as consumers will have to pay more and a deadweight loss will be present. Search up 'price floors and deadweight loss'.
kolbaska11 [484]3 years ago
4 0

Answer:

The correct answer is letter "B": decrease.

Explanation:

Price floors are limits placed usually by the government in order to set a minimum for the price of goods or services being traded. This action is done to make sure a minimum level of revenue for producers and that those goods are being traded at a fair price. If the price floors are removed, no matter under what other circumstances, the price levels will fall since consumers will be allowed to offer less money for the same goods.

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A cost-benefit analysis is a way
dedylja [7]

Answer:

Cost Benefit Analysis

Way of thinking that compares the cost of an action to its benefits.

Explanation:

I hope it helps.

8 0
3 years ago
Read 2 more answers
True or false alcohol and drug abuse only affects intoxicated individuals
AURORKA [14]
<span>The answer would be false. Alcohol and Drug abuse certainly physically affects only the user, but when it comes to mental, emotional, and financial aspects alcohol and drug abusers affect the people around them, their families, and in extension, society also. That is why alcohol and drug abuse is considered a public health issue as it affects many people apart from the user himself/herself. </span>
5 0
4 years ago
Read 2 more answers
Volusia, Inc. Is a U. S. -based exporting firm that expects to receive payments denominated in both euros and Canadian dollars i
NARA [144]

From the details that are contained in the question, the portfolio standard deviation is 0.0544 or 5.44%

<h3>How to solve for the portfolio standard deviation</h3>

w1 = weight of euros 1 = 500000/800000

w2 = weight of canadian dollars = 300000/800000

Standard deviation 1 = 8%

Standard deviation 2 = 3%

Correlation coefficient = 0.30

(w1*σ1)² + (w2*σ2)² + (2* w1*σ1* w2*σ2 * 0.30)^0.5

((0.625*0.08)^{2} +(0.375*0.03)^{2} +(2*0.625*0.08*0.375*0.03*0.3)^0^.^5\\\\= 0.0544

Therefore the portfolio standard deviation is given as 0.0544 or 5.44%

Read more on standard deviation here: brainly.com/question/475676

5 0
2 years ago
Stealth bank holds deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. The curren
Nutka1998 [239]

Answer:

$510 million

Explanation:

If Stealth bank holds deposits of $600 million but has a current market value of $400 million, It holds reserves of $30 million and government bonds worth $80 million.  

Therefore the value of the bank's total liabilities will be the fair value of the bank loans $400 million +  reserves of $30 million and government bonds worth $80 million.

Hence, the value of the bank's total liabilities is $510 million

6 0
3 years ago
Read 2 more answers
The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense $14,000 Socia
Eva8 [605]

Answer:

Option B is the correct answer,a credit to salaries payable for $10,350

Explanation:

First of all,the net payment of salaries of Arcon Company equal the gross salaries expenses of $14,000 minus the deductions except the federal unemployment tax of $210

Net pay=$14,000-$1,050-$2,600=$10,350

In to record the salaries,the salaries expense account would be debited with $14,000 while the social security and medical taxes payable and federal income taxes payable account are credited with $1,050 and $2,600 respectively.

The net pay of $10,350 is credited to salaries payable in expectation of actual payment

4 0
3 years ago
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