Answer: This statement is FALSE
Explanation:
Price Ceiling is the maximum price fixed by government , usually less than equilibrium price to make necessity goods affordable to max people.
Producer Surplus is the difference between prevailing price & minimum price needed to induce producers to supply . Diagramaticaly / Graphicaly , it is the vertical difference between supply curve & price level
Implying Ceiling Imposition , the price gets reduced . Assuming unchanged Supply curve , the difference between price & supply curve reduces .
Hence , Producer Surplus falls
Answer:
World trade organization
Explanation:
The <u>world trade organization </u>is primarily responsible for policing the world trading system and making sure nation-states adhere to the rules laid down in trade treaties signed by member states.
The world trade organization is the international body which is solely responsible for policing the world trading system. The WTO ensures that all the states within a country adhere and obey all the rules and regulations laid down in trade treaties that are signed by member states. The world trade organization also review and propagate the national trade policies, and to ensure the coherence and transparency of trade policies through surveillance in global economic policy-making.
Centralton needs to have an income of $2,560,000. the total
property is valued for taxation at $80,000,000. The tax rate can be solved by
dividing the income by the total property that is valued for taxation. Which is
equal to of $2,560,000/80,000,000 = 3.2%
Answer:
C. the production order quantity model does not require the assumption of instantaneous delivery.
Explanation:
EOQ refers to Economic Order Quantity method, this method particularly aims at 0 extra inventory in hand and keeping the total inventory in hand which is needed and then there is n assumption that the goods shall be delivered instantly.
Under the production order quantity model the model is made to calculate the quantity to be ordered for meeting the demand of production units.
This aims at the minimum order quantity to be delivered to meet the production needs.
The correct answer that would best complete the given statement above would be PRIVATE BRAND. <span>Equate, a brand of health and beauty care products, is available only at Walmart stores. Equate is a private brand. Other choices for this question include manufacturer's, international, family and corporate. Hope this helps.</span>