Answer:
shortage
Explanation:
Here are the options to this question :
there is a monopoly profit for suppliers.
shortage
price floor
lack of technological progress.
There is a shortage when demand for a good exceeds supply. The price at this point is below equilibrium price. As a result of the shortage, prices would rise until it reaches equilibrium price.
A price ceiling not a price floor is usually associated with an excess of demand over supply
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
<u>Answer:</u>Net Bi weekly pay is $519
<u>Explanation:</u>
Calculation of weekly pay
Given
No of hours 20
Per hour pay $15
Weekly pay = 15 x 20
=$300
Payment received is bi weekly so it is $600 for two weeks.
Calculation of bi weekly net pay
Federal income tax rate (600 x 4.87%) $29
State income tax rate (570 x 1.04%) $6
FICA and state insurance taxes (564 x 7.65%) $46
Total deductions $81
Net pay = Bi weekly salary - deductions
=600-81
=$519
Net Bi weekly pay or take home after deductions is $519
Answer:
The purpose of a debt service fund is to pay back long term debt issued to finance a specific government project alongside with the principal and interest accrued to it.
Part B: Yes
Explanation:
A debt service fund require budgeting because with budgeting, payments of debts are easily managed and it also ensures fund availability as at the moment it is needed.
<u>Answer:</u>
<em>(d) Perishability is the reason for Eat and Den's loss of revenue</em>
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<u>Explanation:</u>
Perishability is utilized in marketing to show how capacity service cannot be put away available to be purchased later on. It is a fundamental idea of service showcasing.
One of the urgent variables/issues looked by advertisers is the perishability factor in services showcasing. Administrations have Zero Inventory! When sold, they stand sold and can't be returned. Subsequently, a few times in the administration's business, the maxim "Early introduction is the last impression" really holds genuine. Similarly, in Eat and Den, the eatable goods are all perishable and cannot be reused the next day hence the restaurant incurs significant loss.
Answer:
A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand.
Disadvantages:
A tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.Since profit maximization is the biggest motivation for firms, they may try to reduce their costs unethically. Unemployment and Inequality.