<span>Premiums are one consumer promotional tool where goods are offered at either a free or low cost to entice consumers to buy the product because of its. This allows companies to move products that they may have difficulty selling without the price reduction or that have low demand among consumers.</span>
There is no options to choose, so it's quite difficult to give an accurate answer. Anyway, in my opinion that situation is an example of an Ambush Marketing.
Answer:
a. landlords will begin decreasing the quality of one-bedroom apartments by not making repairs or paying for upkeep.
Explanation:
Price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
Rent control is a form of price ceiling.
Price ceiling is binding when it is set below the equilibrium price.
Consequences of rent control includes :
1. landlords will begin decreasing the quality of one-bedroom apartments by not making repairs or paying for upkeep. Tjeu would do this to retain as much profits as possible since the government has placed a cap on rents.
2. Landlords would reduce their supply of houses and this would lead to scarcity.
3. Development of black markets. Black markets would develop where houses would be sold at more than $750/month .
4. The rental market would become less efficient.
I hope my answer helps you
Answer:
It is $329,209.31
Explanation:
Please attached sheet for computation.