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Marat540 [252]
3 years ago
9

If the government set a price ceiling of $40, there would be: Group of answer choices a shortage (or excess supply) of about 8 u

nits a shortage (or excess supply) of about 12 units a surplus (or excess demand) of about 8 units a surplus (or excess demand) of about 12 units

Business
1 answer:
satela [25.4K]3 years ago
5 0

Answer:

A surplus (or excess demand) of about 8 units

Explanation:

The picture attached shows the diagram necessary for the question which is part of the question. Solution is given below;

At the above ceiling at price of 40$

Quantity supplied will be 16

Quantity demanded will be 24

So when demand is more than supply than there will be a shortage in quantity by (24-16) 8 units.

When there is demand more than supply than it is an excess demand.

So surplus or excess demand by 8 units.

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A U.S. firm has sold an Italian firm €1,000,000 worth of product. In one year the U.S. firm gets paid. To hedge, the U.S. firm b
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Answer:

The firm will realize $1,640,000 on the sale net of the cost of hedging.

Explanation:

7 0
3 years ago
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What two ingredients provide the structure in conventional baked goods?
Natalija [7]
The answer is wheat flour and gluten.
5 0
3 years ago
The rules of debit and credit for expense accounts are the same as the rules for asset accounts. true or false
zepelin [54]
True hope this helps!!
8 0
3 years ago
Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a con
Anarel [89]

Missing information:

<u>Balance sheet </u>

Current assets $3,300 Current liabilities $2,200

Fixed assets       $10,200 Long-term debt $3,750

                          Equity                 $7,550

Total               $13,500 Total               $13,500

<u>Income statement</u>

Sales $6,600

Costs $5,250

Taxable income $1,350

Taxes (34%) $459

Net income $891

Answer:

$1,350.60

Explanation:

external financing needed = [(assets / sales) x ($ Δ sales)] - [(current liabilities / sales) x ($ Δ sales)] - [profit margin x forecasted sales x (1 - dividend payout ratio)]

EFN = [($13,500 / $6,600) x $1,188] - [($2,200 / $6,600) x $1,188] - [(0.135 x $7,788 x (1 - 0.35)]

EFN = $2,430 - $396 - $683.40 = $1,350.60

External financing refers to the amount of money that a business must either borrow or raise capital in order to keep operating as they have been doing so.

8 0
3 years ago
The mls is a good source for data when researching a subject property. what information will you find there?
madam [21]

The mls is a good source for data when researching a subject property. former sales price will be found there.

A multiple listing service is a database which is  established by cooperating real estate brokers in order to provide data about properties for sale.

An MLS allows the brokers to see one another’s listings of properties  held for sale with the goal of connecting homebuyers to sellers. Under this arrangement, both the listing and selling brokers are benefited by consolidating and sharing information and also by sharing commissions.

Typically, multiple listing services create a general  book and electronic database with all of the houses for sale by affiliated brokers.

To know more about MLS here:

brainly.com/question/15579742

#SPJ4

8 0
1 year ago
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