Answer: lead to a shortage cause quantity demanded exceeds quantity supplied of rental housing.
Explanation: A price ceiling is a government regulated price control that sets the legal maximum price that can be charged for a good. The price ceiling is binding when it is set below the equilibrium price. In this situation, the price ceiling prevents the forces of demand and supply to intersect at the equilibrium price. At the ceiling price, demand for the good is greater than its supply. Thus, an effective price ceiling which is set below the equilibrium price creates a shortage in the market.
First, it is an example of POOR MANAGEMENT. The whole scenario is an example of sexual harassment.
She can do three things; report it higher and risk retaliation, accept it as joking, and lastly LEAVE, get another job.
Answer:
(Sales volume * Price) – (Variable costs + Fixed costs)
Explanation:
Profit is equal to Total sales less Total costs .
Here, Total costs is the addition of Variable and Fixed costs
(Sales Volume x Price) - (Variable Costs + Fixed Costs).
When a firm uses price descrimination, people with an inelastic demand curve will pay higher prices for the item relative to those purchasing the product and have an elastic demand curve
Check your stuff to see what you already have and what you need.To go around buying everything you want just because its pretty.