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navik [9.2K]
3 years ago
7

How might the market imbalances caused by an anti-price gouging law be dealt with?

Business
1 answer:
Nataly [62]3 years ago
5 0
When a company price gouges they are increasing the price of a good or service in relation to the demand or supply of the item. If there is an anti-price gouging law in place, that means that a company is not allowed to change the price of their product even when the market for it is high. 
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How long does someone stay on your best friend list on Snap chat??​
Dennis_Churaev [7]

it's for as long as u want except ur phone begins to malfunction

3 0
2 years ago
If you put $100 into a bank account that earns five percent interest per year, what is the formula you should use to determine t
Ainat [17]

Answer:

Future value equals the present value multiplied by one plus the rate of interest in decimals.

Explanation:

Future value = present value x (1 + interest rate)

Interest rate = present value x interest rate

3 0
3 years ago
Accompanying the bank statement was a debit memorandum for an NSF check received from a customer. This item would require an adj
tamaranim1 [39]

Answer:

The correct answer is debit accounts receivable, credit cash.

Explanation:

Note debit is a receipt that a company sends to its client, in which it is notified that it has charged or debited a certain sum or value in its account, for the concept indicated in the same note. This document increases the value of the debt or account balance, whether due to an error in billing, interest for late payment, or any other circumstance that means an increase in the balance of an account.

6 0
2 years ago
Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in OptiBank through Newt's investment f
alukav5142 [94]

Answer:

A. Undue influence

Explanation:

Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.

In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.

Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.

6 0
3 years ago
An investor originally paid $22,000 for a vacant lot twelve years ago. If the investor is able to sell the lot today for $62,000
MArishka [77]

Answer:

b.9%

Explanation:

Formula for annual rate of return formula is as follows;

Annual rate of return = [ (New value/ Initial value)^(1/t) ] -1

t = the total holding period of investment = 12 years

Old value = 22,000

New value = 62,000

Next, plug in the numbers to the formula;

Annual rate of return; r = [ (62,000/22,000) ^(1/12) ] -1

r = [2.8182 ^(1/12)] - 1

r = 1.0902 -1

r = 0.0902 or 9%

4 0
3 years ago
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