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Jlenok [28]
3 years ago
13

A rent ceiling results in a shortage. As a result, which of the following do you expect? O a black market for apartments whereby

higher rents are obtained through various other charges in the long-run, more and more people will want to become landlords discrimination as tenants choose their landlords, possibly based on race, age, or gender O a shortage of applicants for the apartments available
Business
1 answer:
zheka24 [161]3 years ago
6 0

Answer:

The correct answer is: black market for apartments whereby higher rents are obtained through various other charges.

Explanation:

A price ceiling refers to an upper limit fixed for the price of a product or service. A rent ceiling means that rent cannot be charged higher than this limit.  

This rent ceiling would create higher demand and a smaller supply of apartments. This is because of law of demand and law of supply.  

Because of shortage of apartments in the market, a black market will be created where the apartment owners will be able to charge higher rents through other charges.

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When responding to questions face-to-face, how should you organize your response?
iragen [17]

Answer:

A. Using the same format you would use if you were responding in writing

Explanation:

here the answer should be A that is

A. Using the same format you would use if you were responding in writing.

What this means is that,  the response should be neutral and catered in a way that we would if we're writing the answer in order to allow a better, more neutral understanding of the process, unless otherwise stated.

7 0
3 years ago
When somebody buys an insurance policy, that person is seeking to transfer risk away from herself and pass it on to the insuranc
Sonja [21]
Exactly, when someone buys an insurance policy that person is making sure that whatever happens to him/her, there is the policy to compensate for something that will be lost. He/she is transferring the risk away and pass it on to the insurance company for safekeeping. 
3 0
3 years ago
Jack's manufacture company have experienced inflation for the past three years as follows: the first year's periodic inflation r
ankoles [38]

Answer:

8.09%

Explanation:

Year          Inflation rate    1 + Inflation rate

1                     0.03                     1.03

2                     0.04                     1.04

3                         x                       1+x

Average rate  0.05                   0.05

1 + Average rate  = [(1+r1)*(1+r2)*(1+r3)]^(1/3)

1.05 = [1.03*1.04*(1*x)]^(1/3)

[1.0712*(1+x)] = (1.05)^3

[1.0712*(1+x)] = 1.157625

1 + x = 1.157625 / 1.0712

1 + x = 1.080681

x = 1.080681 - 1

x = 0.080681

x = 8.09%

Thus, the periodic Inflation rate in year 3 is 8.09%

5 0
3 years ago
It was 8:00 a.m. on Saturday morning. Liz just learned that her well-meaning cousins were headed over to help her unpack her hou
Ymorist [56]

Answer:

empowered

Explanation:

According to my research on employee roles and responsibilities, I can say that based on the information provided within the question in this situation we can say that the employee was empowered. This can be said because he too the initiative in order fix the problem in a way that would leave the customer happy and wanting to come back again.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Which of these companies exemplifies the globalization of markets? a. The clothes of Sea Shell Fashions, a U.S.-based company, a
kondaur [170]

Answer:

c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide.

Explanation:

Globalization of markets occurs when different markets in the world are integrated and merged into just one market when similar tastes, preferences, norms, convenience and values are identified which facilitate a gradual change in culture towards the use of similar commodities.

The the sale of the same pillows worldwide by the U.S.-based pillow company, Fluffy Pillows, is a good example of globalization of markets .This is because the company has been able to integrate and merger all the pillow markets in the world to just one and has therefore facilitated a gradual change in tastes and preferences for its pillow making the use of the same pillow possible worldwide.

I wish you all the best.

7 0
3 years ago
Read 2 more answers
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