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r-ruslan [8.4K]
3 years ago
11

The government has set a price floor on bread. Manufacturers cannot sell loaves for less than $5.00, which is a dollar above the

market price. What will most likely result from this price control?
Business
2 answers:
nikklg [1K]3 years ago
4 0

Answer:

The quantity demanded for bread will decrease, and the quantity supplied will increase.

Explanation: another brainly page

brainly.com/question/1941754

insens350 [35]3 years ago
3 0
The most likely result of this price control would be that the <span>demand for bread will fall, which could result in an excess supply. his excess supply in the market would ultimately force the hand of the manufacturers to stop the production of bread. I hope that this is the answer that has come to your help.</span>
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The balance column in a ledger account is:
mart [117]

Explanation:

Balance Column Ledger Account. An account with debit and credit columns for recording entries and a third column for showing the balance of the account after each entry is posted. the data from the balance sheet is used to set up the accounts.

7 0
3 years ago
Which of the following is true of packaging and labeling?a) An advantage of packaging is the low cost required for the process.b
julsineya [31]

Answer: Option B

Explanation: Packaging is the process of protecting the product so that its distribution and sales could be done easily and effectively. Apart from protection, the packaging of a product enhances its value and give it distinct feature over other product.

Labeling refers to the process of describing something using a word, phrase or sometimes even a picture.

Both packaging and labeling gives an identity to the product. It gives the idea to the customer of the company making such product, this further results in brand loyalty from the customers, thus, a stronger customer base.

From the above we can conclude that the correct option is B.

 

4 0
3 years ago
When people with lower incomes pay lower taxes, this represents the role of government called _____. supervisory body source of
Vikki [24]
The answer is reallocation of income
3 0
3 years ago
Andy deposited $3,000 this morning into an account that pays 5 percent interest, compounded annually. Barb also deposited $3,000
iogann1982 [59]

Answer:

The correct answer is Barb will earn more interest the second year then Andy.

Explanation:

Bank interest is the money that is obtained or paid for the temporary transfer of capital. Its classification is by remunerative interest, or by default interest. And as for its operation, it is important to mention that the economic amount of interest, to be paid or collected, is given by market rules, since there is no legal limitation on them.

The interest rate will be conditioned by the market itself. For example, the interest we pay to our bank for any loan or credit operation is determined by the market interest rates taken as a reference, for example the Euribor and by the guarantees provided in our loan. A fully secured loan (mortgage for example) is much cheaper than another that has few guarantees.

3 0
3 years ago
Maxwell Communications paid a dividend of $1.35 last year. Over the next 12 months, the dividend is expected to grow at 11 perce
PilotLPTM [1.2K]

Answer:

Current dividend paid (Do) = $1.35

Growth rate (g) = 11% = 0.11

Cost of equity (ke) = 24% = 0.24

Po = Do<u>(1 + g)</u>    

           Ke - g

Po = $1.35<u>(1 + 0.11)</u>

                 0.24 - 0.11

Po = <u>$1.4985</u>

            0.13

Po = $11.53                                                                                                                                                                                                                

Explanation:

The current market price of the stock is a function of current dividend paid, subject to growth rate, divided by the current market price of the stock.

4 0
3 years ago
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