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allochka39001 [22]
3 years ago
14

You have responsibility for economic policy in the country of freedonia. recently, the neighboring country of sylvania has cut o

ff all exports of oranges to freedonia. george, who is one of your advisors, says that the best way to avoid a shortage of oranges is to take no action at all. charles, another one of your advisors, argues that without a binding price floor, a shortage will certainly develop. otto, a third advisor, suggests that you should impose a binding price ceiling in order to avoid a shortage of oranges. which of your three advisors is most likely to have studied economics?
Business
1 answer:
andrey2020 [161]3 years ago
3 0

Answer:

George

Explanation:

Both price ceilings and price floors can cause economic shortages, because they are government imposed distortions to prices. In other words, they do not allow prices to adjust supply and demand.

George knows this because he is probably an economist, and that is why he does not recommend neither price ceilings nor price floors.

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That a company chooses a new product to introduce into the market is a ▼ capital budgeting capital structure working capital man
SashulF [63]

Answer:

Capital budgeting

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Working Capital Management

Explanation:

When a company wants to introduce any new product in the market it will do the cost benefit analysis and will involve the capital budgeting decisions.

When any kind of bonds are sold, shares are issued, debentures are sold, then that is about creating source of capital that is about, capital structure decision.

When the decision is made relating to any current assets or current liabilities, it is refer to working capital decisions as the working capital includes decision of current assets and current liabilities.

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3 years ago
During the current year, Esty Company replaced the roof on its manufacturing facility with a better roof that also extended the
vodka [1.7K]

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A

Explanation:

5 0
2 years ago
Please answer if you know :)
vekshin1

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Mark me as brain list

Explanation:

The answer should be B

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8 0
2 years ago
Suppose that there are no storage costs for crude oil and the interest rate for borrowing or lending is 5% per annum. How could
mario62 [17]

Answer:

$4.50

Explanation:

In order to make a profit from the futures contracts, it would be appropriate to take a long position in the  June futures contract(buy) and take a short position in the December futures contract.

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In December, sell crude oil at $66 and repay the loan principal and interest

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