1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
satela [25.4K]
3 years ago
12

Suppose the government imposes a price ceiling above the equilibrium price of a given good. d)Which of the following is the most

likely result?
a)Some other rationing device will emerge to allocate the good among buyers.

b)Some buyers and sellers will be willing to risk breaking the law in order to exchange the good at a price above the equilibrium price since there would be a shortage of the good at the price ceiling.

c)No change will occur in the market.

d) Brute force will be used to allocate the good among buyers.

e)a, b, and d
Business
1 answer:
r-ruslan [8.4K]3 years ago
5 0

Answer:

c)No change will occur in the market.  

Explanation:

A price ceiling above the equilibrium price is a non binding price ceiling and it does not affect the market. No change in supply or demand occurs.

You might be interested in
Discuss the optimal method for procuring inputs that have well-defined and measurable quality specifications and require highly
son4ous [18]

Answer:

The optimal method for procuring inputs that have well-defined and measurable quality specifications and require highly specialized investments is the contract.

Explanation:

The contract is signed between the seller and the buyer, and establishes formal and legal terms, and agreed responsabilities. The primary advantages are that firms and buyers are allowed to focus in producing and getting what they need as contracts are used for tangible goods and for rendered services, reducing the opportunistic behaviour and underinvestment.

The CONASUPO, mexican government office, signed a contract with the mexican ranch owners to get all their milk production at low prices to feed the thousands of low income families.

3 0
3 years ago
Read 2 more answers
Give like the LATEST NEW PLAYLIST "Sad Boy Intro" if you want to heard (Unrelease) playlist and listen to "A love Letter Heart B
Wewaii [24]

Answer:

its in my queue

Explanation:

but are you actually good?

4 0
3 years ago
Read 2 more answers
The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive,
Angelina_Jolie [31]
Im guessing a) availbility of substitutes the reason is because when i read this it makes me think the price went up because maybe cranberries are not in season but grapes are. Usually when something is not in season it cost more than when it was.
7 0
3 years ago
In a spreadsheet application, a ____ is identified using letters of the alphabet.
4vir4ik [10]
B) Columns are identified using letters in a spreadsheet application.
8 0
3 years ago
Read 2 more answers
Which of the following items are allowed when calculating an individual taxpayer's alternative minimum tax?a. Standard deduction
blsea [12.9K]

Answer:

The correct answer is letter "D": All of the above.

Explanation:

Alternative Minimum Tax (AMT) is an action taken by the Internal Revenue Service (IRS) to encourage every taxpayer to pay at least the minimum amount possible out of the income received. This includes a series of deductions that are not limited to <em>standard deductions</em>, <em>personal exemptions, medical and dental expenses, charitable donations, qualified taxing interest, </em>and <em>casualty losses</em>.

6 0
3 years ago
Other questions:
  • Acme Corporation is currently experiencing rising sales for a new-product idea it pioneered several months ago. Profits are also
    5·1 answer
  • The Hot Dog Shack wants to raise $1.2 million by selling some coupon bonds at par. Comparable bonds in the market have a 6.5 per
    9·1 answer
  • On June 30, 2021, Georgia-Atlantic, Inc. leased warehouse equipment from IC Leasing Corporation. The lease agreement calls for G
    8·1 answer
  • Your opinion is that security C has an expected rate of return of 0.106. It has a beta of 1.1. The risk-free rate is 0.04 and th
    6·1 answer
  • Freeman, Inc., reported net income of $40,000 for 2015. However, the company's income tax return excluded a revenue item of $3,0
    13·1 answer
  • . The _______ of a forward contract is obligated to ______ delivery and pay for the contracted goods at the forward price; the _
    15·1 answer
  • A low-cost leader can translate its low-cost advantage over its rivals into superior profit performance by
    5·2 answers
  • Wildhorse Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2022.
    9·1 answer
  • Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increas
    14·1 answer
  • On May 31, Money Corporation's Cash account showed a balance of $13,500 before the bank reconciliation was prepared. After exami
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!