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
Dovator [93]
3 years ago
9

A binding price ceiling on apartments (effective rent control) will:

Business
1 answer:
My name is Ann [436]3 years ago
4 0

Answer:

D) cause the quantity demanded to exceed the quantity supplied of rental housing.

Explanation:

A price ceiling is a binding government regulation in which it puts a cap on the price landlords can charge tenants to rent their properties. If this happens, there could be a rapid significant increase in the demand of apartments. This would lead  to excess demand that the existing  supply cannot meet , creating a shortage. The property owners may also choose to not rent their apartment at that lower price driving the supply even lower.

You might be interested in
If GDP exceeds aggregate expenditures in a private closed economy: A. Saving will exceed planned investment B. Planned investmen
Leya [2.2K]

Answer:

The correct answer is A

Explanation:

GDP stands for Gross Domestic Product, it measures the economic activity value within a Country. It is the total of the market prices or the values of all the final goods and the services produced in the economy.

When the economy is private as well as closed, then the GDP is more than the aggregate expenditure, then the savings from the household exceed the planned investment.

4 0
3 years ago
Specialty stores like Lids carry ________ with ________. A. wide product lines; shallow assortments B. narrow product lines; sha
4vir4ik [10]

Answer:

narrow product lines; deep assortments

Explanation:

product line is group of same type of product selling under a same brand name.

narrow and wide product line is defined on the basis of number of type of product being sold by a retailer.

Narrow product line is a retailing strategy which means that few type of products which is being sold by a retailer.

Example: Pizza hut which sells only limited number of eatables thus they have narrow product lines

Wide product line means very high number of different type of product is being sold by the retailer.

Example:wall mart which sells wide number of products

Assortment is strategy in retail which defines number of different brands of same type of product which is being sold by a retails.

It is of two types

shallow assortments: It means very few brands of same type of product is offered by a retailer.

deep assortment: It means large of number of different brand of same type of product is being sold by a retailer.

Specialty stores are store which sell only limited type of product but they offer wide variety of choices of brand for the products which they sell. In retail marketing term they keep narrow product line but deep assortments as mentioned in the definitions above

Since Lids is a specialty store the correct option would be narrow product line, deep assortments.

4 0
2 years ago
On January 1, 2012, Uncle Company purchased 80 percent of Nephew Company’s capital stock for $672,000 in cash and other assets.
Inga [223]

Answer:

a. $51,840

b. $15,440

Explanation;

a. First find the excess fair-value allocation;

= Fair value of Nephew - Book Value

Fair Value = Uncle ownership + Non-controlling interest

= 672,000 + 168,000

= $840,000

Excess fair value = 840,000 - 806,000

= $34,000

Any excess fair-value allocations are amortized over a 10-year period;

= 34,000/10

= $3,400

The Income to be recognized will be reduced by this yearly amotization so the 2014 income recognized by Uncle would be;

= (Nephew income - Amortization) * Uncle ownership stake

= ( 68,200 - 3,400) * 0.8

= $51,840‬

b. Nephew Company also owns 30% of Uncle which means that they will receive 30% of Uncle dividends.

= 0.3 * 30,000

= $9,000

Added to their own income;

= 9,000 + 68,200

= $77,200

The Non-controlling interest owns 20% so the income they will recognise is;

= 0.2 * 132,100

= $15,440‬

6 0
3 years ago
A group of friends are creating a new mobile paper shredding company that will go to businesses or organizations to shred their
frez [133]

Answer:

The correct answer is letter "B": LLC.

Explanation:

A Limited Liability Company (LLC) is a type of business organization where the owners do not share unlimited liability. This scenario implies that the owners are responsible for the liabilities of the entity according to their contribution. LLCs as considered individual firms with an individual tax identification number, bank account, and name.

3 0
3 years ago
a manufacturing company has been facing codification challenges caused by fluctuating levels of stock.stores departments must ma
Dima020 [189]

The key considerations that should be made when choosing the most suitable type of stock is to control the stock.

<h3>What should the company control stock?</h3>

When stock is controlled it ensures that there is materials or resources available enough for production.

It includes adequate monitoring of the stock level to ensure sustainability through details inventory and monitoring.

Therefore, the key considerations that should be made when choosing the most suitable type of stock is to control the stock.

Learn more on stock below

brainly.com/question/690070

#SPJ1

4 0
2 years ago
Other questions:
  • The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance a
    12·2 answers
  • Discount Airlines is preparing a contribution margin report segmented by route. The following information is available: Atlanta/
    15·1 answer
  • Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s
    9·1 answer
  • An ad agency creates two ads for a particular car. one stresses the car's safety and gas mileage; the other simply shows how fun
    6·1 answer
  • ​Lisa's credit card balance this month is​ $969.16. Her APR​ (annual percentage​ rate) is 15.24​ %. The minimum payment due is​
    5·1 answer
  • Select the correct answer from each drop-down menu.
    14·1 answer
  • During 20--, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,700. Compute the amount of FIC
    7·1 answer
  • Consumption spending is $4.5 billion, gross private domestic investment is $3 billion, and government expenditures are $2 billio
    7·1 answer
  • Larkspur, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sol
    11·1 answer
  • Why do you think L.L. Bean empowered its employees to make independent decisions that ultimately have financial consequences?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!