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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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After identifying the purpose of your message, you should select the most appropriate communication channel. When determining th
Varvara68 [4.7K]

For an effective communication to take place the selection of the most appropriate channel ( medium for convening information) for the intended audience is very important

Explanation:

The factors that are important in the determination of  the most appropriate channel/Medium for  communication are:

  • Urgency of the message(Importance of the message)
  • Confidentiality of the message and the medium
  • Record(The business communication needs to be recorded)
  • Cost incurred in sending the message
  • Supporting Technology
  • Distance

When determining the most effective channel for the  message,one should initially consider the importance of the message.

6 0
3 years ago
On July 1, 2014, Agincourt Inc. made two sales.
sesenic [268]

Answer:

Explanation:

Date                   Account title and Explanation     Debit      Credit

1st july-14                  Notes receivable             $1,393,591

                         Discount on notes receivable                                                                     ($1,393,591 - S600,100 - $317,900)                  $475,591

                                                Land                                           $600,100

                                   Gain on disposal of land                                                 `                        ($918,000 - $600,100)                               $317,900  `                                           (To record sale of land)

1-Jul-14

                                  Notes receivable                 $404,300

                                   Service revenue                                  $404,300

`                               (to record service revenue)

5 0
2 years ago
Documentation is necessary to establish educational accommodations. true or false​
Karolina [17]

Answer:

True

Explanation:

6 0
2 years ago
The company currently markets McDog T-bone, Lapdog Lunchtreats, Rover's Potroast, and Puppy Porterhouse in the dog food market.
olasank [31]

Answer:

company's product line in the dog food market

Explanation:

In the description provided, it can be said that Prime Cuts will be an addition to the company's product line in the dog food market. A product line is a group of related products all marketed under a single brand name and are sold by the same company to the same targeted group of consumers. Such as in this scenario, all of the products listed are dog treats/food with different ingredients and are all sold by the same company to people looking for dog food.

4 0
3 years ago
Able, Baker, and Charlie co-own property. Charlie dies, leaving behind a will that transfers his one-third interest in the prope
VMariaS [17]

Answer:

Joint ownership

Explanation:

In a joint ownership, when a partner dies, his interest is passed on to the surviving partners.

This case scenario is a joint ownership

3 0
3 years ago
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