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
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.

You might be interested in
Capacity is:_______
lina2011 [118]

Answer:

I want to say your answer is C - the maximum amount of work that an organization is capable of completing in a given period of time.

5 0
3 years ago
The mass exodus of more affluent caucasians from urban to suburban areas is sometimes referred to as
Andreyy89
Answer:  "white flight" .
___________________________________________
3 0
3 years ago
Which of the following is one way that technology can improve productivity?
mote1985 [20]

Answer:

machines

Explanation:

6 0
2 years ago
Effect of Inventory Errors During the taking of its physical inventory on December 31, 20Y3, Sellers Company incorrectly counted
Illusion [34]

Answer:

Cost of goods sold  = overstated : $24,265

Current assets  = understated : $24,265

Gross profit  = understated : $24,265

Inventory  = understated : $24,265

Net income  = understated : $24,265

Stockholders' equity  = understated : $24,265

Total assets = understated : $24,265

Explanation:

Inventory was understated by $24,265 ($327,560 - $303,295). Since inventory is an Asset, also it is a Income Statement element and consequently affects Retained Earnings (Distributions to Shareholders) , the effect is shown above.

3 0
3 years ago
The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation
dalvyx [7]

Answer: B. reduces reported net income of the period but does not involve an outflow of cash for that period.

Explanation:

Depreciation is the wear and tear of an asset due to the use of the asset. When an asset is depreciated, such an asset is eventually sold at a scrap value.

The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation reduces reported net income of the period but does not involve an outflow of cash for that period.

5 0
3 years ago
Other questions:
  • Bob, a guest at a hotel, reached into the front seat of the hotel limousine to get his briefcase. he supported himself by placin
    6·1 answer
  • When Panasonic considers how to price a new product, they determine what price they think their customers will pay, and then ide
    13·1 answer
  • Which of the following is not a way of reducig the costs of operatiions through adopting lean concepts?
    12·1 answer
  • A deadweight loss is a consequence of a tax on a good because the tax
    12·1 answer
  • In which of the following scenarios would the short-cut method be permissible? A) A lease term of 6 months with an option to ren
    7·1 answer
  • Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Directavia, a nation with a pure co
    14·1 answer
  • Lynn wants to share parts of an essay she wrote in her slide presentation. What is the best way for her to share that text with
    8·2 answers
  • As we age, the number and complexity of the financial decisions we make increases
    8·1 answer
  • The following table shows the assets and liabilities of the Chang family in 2007 and 2008.
    13·1 answer
  • Why Projects that arise as a result of problems and directives must be resolved quickly to avoid hurting an organization’s busin
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!