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Natali [406]
4 years ago
5

A good example of a government imposed-price ceiling is:

Business
1 answer:
tia_tia [17]4 years ago
8 0
<span>A price ceiling would exist on items like the rent for apartments, which some municipalities would place on landlords as a way of making sure people find affordable housing. By setting the price at a maximum, the government has imposed a ceiling above which it is illegal to charge.</span>
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What is a mortgage?
Liono4ka [1.6K]
A mortgage is a <span>debt instrument</span>
5 0
3 years ago
Read 2 more answers
A car dealership was trying to sell a used car that no one wanted. First, they tried to sell it for 10% off the marked price. Th
Rus_ich [418]

Answer:

Original Sale Price = $6000

Explanation:

Lets say that the original Sale price is 100%. When the first discount is offered, the car is discounted by 10% and offered for 90% of the original price.

The second discount is offered as 20% off from the discounted sale price. Thus the car is now offered at,

Price after Second Discount = 90% * (1 - 20%)  =  72% of the original price

Now the final discount is offered as further 25% off from the Second Discounted price which is already 72% of the original price. Thus the price after final discount will be,

Price after final discount = 72% * (1 - 25%)  =  54% of the original price

We know the price after final discount is 54% of the original price and we are provided the amount as 3240. Thus if 54% of original price is 3240, then the original price will be,

Original Sale Price = 3240 * 100%/54%

Original Sale Price = $6000

4 0
3 years ago
The primary aim of strategic management at the business level is A. maximizing risk-return tradeoffs through diversification. B.
cupoosta [38]

Answer:

D. achieving competitive advantage(s).

Explanation:

  • The strategic management at the primary levels involves the setting of the objectives and analyzing the competitive environment and the internal organization.
  • Then evaluating the strategies and also ensuring that the management rules out those strategies across the organization. Thus makes to achieve a competitive advantage and hence plays a major role in the formation of the business with a high advantage.
3 0
3 years ago
The price of a European call that expires in six months and has a strike price of $30 is $2. The underlying stock price is $29,
german

Answer:

p = $2.51

Explanation:

Given:

  • D = $0.50
  • Stock price: $29 (s)
  • Interest rates: 10%.
  • Strike price of $30 : $2 (c)

To find the the price of a European put option, we use here pit call parity  that is :

c - p = s - k e^{-rt}   -   D    

<=> p = c - s + k e^{-rt}   + D    

<=> p = 2 -29 + 30e^{-0.1*\frac{6}{12} } + 0.5

<=> p = $2.51

Hope it will find you well

8 0
4 years ago
The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $1,098,900. The c
vfiekz [6]

Answer:

direct materials =  $33.00

conversion cost = $90.00

Explanation:

<em>Cost per equivalent unit = Cost during the period ÷ Equivalent units of Production</em>

<u>The direct materials and conversion cost per equivalent unit.</u>

Direct materials = $1,098,900 ÷ 33,300 liters = $33.00

Conversion cost = $603,000 ÷ 6,700 liters = $90.00

5 0
3 years ago
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