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kirill115 [55]
3 years ago
8

The lowest amount a manufacturer can pay factory workers is an example of

Business
2 answers:
Harrizon [31]3 years ago
7 0

Answer: Price floor

Explanation:

A price floor is the legal minimum price control that is imposed by the government. It is binding when the equilibrium price is below the legal minimum price. At the price floor quantity supplied of a good is greater than its demand.Thus there is a surplus in the market at the price floor.

So, the lowest amount a manufacture can pay its factory workers is an example of a price floor.

Price ceiling is the maximum price that can be paid or charged for a good.

DaniilM [7]3 years ago
7 0
The answer is a price floor
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allochka39001 [22]

Answer:

                                           Trial Balance

                                                     <u>Debit</u>               <u>Credit</u>

Land                                             53000

Accounts Receivable                  5400

Cash                                              3200

Prepaid Rent                                6700

Accounts Payable                                                 3600

Deferred revenue                                                  1950

Common Stock                                                      33000

Retained earnings                                                 21250

Service Revenue                                                   24700

Salaries expense                          7500

Supplies expense                       <u>  8700  </u>            <u>              </u>

Totals                                            84500               84500                    

Explanation:

The trial balance has been made in the answer section.

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3 years ago
A woman purchased a new refrigerator from an appliance store. Two weeks later, she sold the refrigerator to her son, who had jus
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Explanation:

Based on the information given and assuming that both parties have moved for a directed verdict, then the court should not grant either of the motions.

The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.

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3 years ago
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zhuklara [117]
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3 years ago
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Guns R Us overstated its ending inventory in the current year by $5,000. The company incorrectly reported $100,000 of net income
soldi70 [24.7K]

Answer:

B. Cost of goods sold will be too low by $5,000.

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When Anastasia sells her Tesla common stock at the same time that Roman purchases the same amount of Tesla stock, Tesla receives
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When Anastasia sells her Tesla common stock at the same time that Roman buys the same amount of Tesla stock, then Tesla will receive nothing.

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3 years ago
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