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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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Answer:

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Explanation:

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The division does not disclose the criteria of evaluation to ensure integrity in the process.

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Answer:

$4230 is the correct answer to the given question .

Explanation:

As Mention in the question the sales revenue to the dishwashers = $94,000

Also the company estimated  warranty expense cost is =4.5% of revenues,

Now the estimated warranty payable can be determined by the following formula  

Annual\  sales\  revenue\ for \ the \  dishwashers\ * warranty\  expense\  revenues.

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== $4230

                                             

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