On the off chance that the government forces a price ceiling on garbanzo beans of $8 it will come about the market equilibrium will be reached.
Market equilibrium is a state in which the market supply in the market is equivalent to the request in the market. The equilibrium price is the cost of a decent or administration when the supply of it is equivalent to the interest for it in the market.
Answer:
B $4.90
Explanation:
The earnings per share ratio (EPS), is an entities net income after tax that is available the shareholders divided by the weighted average number of shares of common stock that are outstanding during the period of the earnings.
As such, given;
net income after tax = $490,000
number of shares = 100,000
EPS = net income after tax/number of shares
= $490,000/100,000
= $4.90
Answer:
$60,000
Explanation:
The computation of the depreciation expense using the straight line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($540,000 - $60,000) ÷ (8 years)
= ($480,000) ÷ (8 years)
= $60,000
In this method, the depreciation is the same for all the remaining useful life
We simply used the above formula
Michael's estimated current monthly take-home pay is $4,500. His total existing monthly disability benefits are $2,950. Michael's estimated monthly disability benefits needed are: $1,550.
<h3>What conditions are considered disability?</h3>
- According to the law, a physical or mental impairment that can be expected to cause death or that has lasted or is anticipated to last for a continuous period of at least 12 months qualifies as a disability if it prevents the person from engaging in any substantial gainful activity (SGA).
- Any additional benefits you received while receiving Disability Allowance or Blind Pension can be kept if you continue to work. However, your higher income may have an impact on how much Rent Supplement you receive. In general, when you participate in an employment scheme, you can keep any additional benefits you were receiving.
- Ask yourself where you stand in relation to your full retirement age if you're wondering whether disability would pay more. Disability levels will be higher if you fall below it. Social Security will be higher if you are over it.
To learn more about : Disability benefits
Ref : brainly.com/question/16810465
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Answer and explanation:
An oligopoly is when the market is controlled by a small group of two or more companies. Oligopoly firms may consent to market collusion, and build obstacles to new trade entry. If the businesses do not, they will be forced to lower their prices and open the markets to new and smaller firms.
<em>Supermarkets are oligopolies because in every market there are a few companies offering the same products just like them with small differentiation between one and another, providing those goods to relatively similar prices. </em>