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
PSYCHO15rus [73]
3 years ago
8

In​ allentown, pennsylvania, in the summer of​ 2014, the average price of a gallon of gasoline was ​$3.68long dasha ​22-cent inc

rease from the year before. many consumers were upset by the increase. one was quoted in a local newspaper as​ saying, "it's crazy. the government should step​ in." ​source: sam​ kennedy, "valley feeling pain at the​ pump," (allentown,​ pa) morning call​, june​ 21, 2014. suppose the government had stepped in and imposed a price ceiling equal to old price of​ $3.46 per gallon.
a. using the line drawing​ tool, draw and label the price ceiling. carefully follow the instructions​ above, and only draw the required object.

Business
1 answer:
Ivahew [28]3 years ago
7 0

Answer:

The correct and labeled image of the price ceiling is attached :

Explanation:

The Price ceiling is the legal maximum price, it is ineffective and not true for the market equilibrium price. It is always less than the market price equilibrium.

The correct image on the basis of the given instruction and to the price 3.14bis attached to the answer please zoom to see the clear image.

You might be interested in
Hobson Company bought the securities listed below during 2020. These securities were classified as trading securities. In its De
Wewaii [24]

Answer:

$50,800

Explanation:

Security     Cost       Fair value     Gain(loss)

X              371,000    343,500        -27,500  

Y              185,000     162,400        -22,600  

Z              <u>424,000</u>    <u>407,800</u>        <u>-16,200 </u>

Total        <u>980,000</u>    <u>913,700</u>         <u>-66,300</u>

Unrealized holding loss on Income statement ended June 30,2021 = $66,300 - $15,500 = $50,800

3 0
3 years ago
What is the type of international trade​
mr Goodwill [35]

profit really

Explanation:

There are three types of international trade: Export Trade, Import Trade and Entrepot Trade. ... It means importing goods from one country and exporting it to another country after adding some value to it. For instance, India imports gold from China makes jewelry from it and then exports it to other countries

5 0
2 years ago
The starting point for preparing the operating activities section using the indirect method is ______. Multiple choice question.
vitfil [10]

Net income serves as the beginning point for the indirect technique of preparing the operating activities section.

<h3>What does "net income" mean?</h3>

Net income is the amount of money left over after all costs, such as salaries and wages, the cost of commodities or raw materials, and taxes, have been paid. Net income is the amount that a person keeps after paying taxes, health insurance premiums, and retirement contributions.

<h3>How is net income demonstrated?</h3>

Operating income for the business was $23,000 after operating costs of $12,500. After deducting interest expense of $1,500 and adding interest income of $1,700, ABYZ arrived at a net income before taxes of $23,200.

<h3>What is net income post-tax?</h3>

A person's income after taxes and deductions is referred to as their net income.

learn more about net income here <u>brainly.com/question/15530787</u>

#SPJ4

5 0
1 year ago
Nutrimax Corp., a breakfast cereal company, has designed extensive and elaborate advertising campaigns for its existing products
Effectus [21]

Answer:

a. Market penetration

Explanation:

Market penetration strategy is a product promotion approach through which a company seeks to gain a greater share in markets it already operates.  The strategy is used to increase sales volumes in existing markets.  

Market penetration applies where similar goods and services exist. A company uses the low-price technique or present its products as superior as compared to those of its rivals. The objective is to draw customers' attention to the company's products. Advertising using special features and benefits presents the products as unique and superior, thereby attracting customers' attention.

8 0
3 years ago
If marcus won a bet by predicting the point spread for the super bowl and claimed it was due to his understanding of probability
Lera25 [3.4K]

The answer is <u>"self-serving bias".</u>


A self-serving bias is the normal habit for a man assuming praise for positive occasions or results, yet reprimanding outside elements for negative occasions. This can be influenced by age, culture, clinical conclusion, and the sky is the limit from there. It has a tendency to happen broadly crosswise over populaces.  

Self-serving bias happens in every extraordinary sort of circumstances, crosswise over sexual orientations, ages, societies, and more.

5 0
3 years ago
Other questions:
  • What is the main purpose of an appointment reminder? In a medical office.
    6·2 answers
  • Find last​ year's salary​ if, after a 4% pay​ raise, this​ year's salary is $39,000.
    5·1 answer
  • The Constitution sets forth specific powers that can be exercised by the national government and provides that the national gove
    7·1 answer
  • Mason Company has a choice of two investment alternatives. The present value of cash inflows and outflows for the first alternat
    10·1 answer
  • All other things unchanged, a general decrease in the amount of government borrowing will typically: a increase interest rates.
    5·1 answer
  • The following is an example of what type of group norm?
    11·1 answer
  • On January 1, 2020, Sandhill Co., a calendar-year company, issued $2320000 of notes payable, of which $580000 is due on January
    5·1 answer
  • What is a work bench​
    9·2 answers
  • A company invests $40,000 in a project with the following net cash flows: Year 1: $3,000 Year 2: $8,000 Year 3: $14,000 Year 4:
    7·1 answer
  • What does the information demonstrate about alex’s investments?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!