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vesna_86 [32]
3 years ago
15

Which situation is the most likely result of a price ceiling being set below the equilibrium price?

Business
1 answer:
Andru [333]3 years ago
8 0

<span>The equilibrium price is basically the ideal price that is determined when the demand and the supply for an item is equal. If you place the price bellow the equilibrium price, the price of the product will be lower than what the market is willing to pay, and as result you will have surplus of the item in the market.</span>

<span>The correct answer is b.</span>

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At the stage, the product reaches its highest point of demand and sales
gregori [183]

Answer: Maturity Stage

Explanation:

At the maturity stage, the product reaches its highest point of demand and sales. The market is getting closer to saturation, so the number of potential new customers is limited, and competition increases. During the saturation and decline stage, sales stop increasing, so profitability is lowered.

5 0
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Mark works strictly on commission of his gross sales from selling two different products for his company. last​ month, his gross
aliya0001 [1]

It is 27,000  is correct

5 0
3 years ago
An investor invests $4,000 to buy 200 shares of Sand Corporation, which has an expected return of 24%; $2,000 to buy 100 shares
Anni [7]

Answer:

Expected return = 28%

Explanation:

given data

invests $4,000

share = 200

return = 24%

and

invests = $2000

share = 100

return = 18%

and

invest = $4,000

share = 400

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to find out

expected return on this portfolio

solution

we know total investment is

Total investment = 4000+2000+4000

Total investment = 10000

and

Wt. of Sand Corporation shares in the total portfolio= \frac{4000}{10000} =  0.4

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and

Expected return on the given portfolio is

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5 0
3 years ago
What is the four parts of SWOT analysis
forsale [732]
<span>strengths, weaknesses, opportunities and threats.</span>
4 0
3 years ago
A business that incorporates must file a document with the state, which includes a description of the business activities, the s
Sindrei [870]

Articles of incorporation ,  corporate charter are used to describe this document.

<h3><u>Explanation:</u></h3>

The document that is very formal in nature and also filled with information related to the creation of the company refers to the Articles of incorporation. It contains the details related to the name and address of the company, the type and the amount of stock that is to be issued, agent for service of process.

The document that contains the information related to the secretary of state  during the time in which the business is incorporated refers to the corporate charter. This can also be referred as  certificate of incorporation. The details in this documents may differ that depends on the size and the regulations of the company.

6 0
3 years ago
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