Answer:
$30 - same
$40 - same
$50 - less
Explanation:
Price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
Price ceiling is binding when the price is set below the equilibrium price for that good.
An equilibrium price of $30 is less than $40, so the price ceiling isn't binding and there would be no effect on the number of people attending the concert. Same argument applies when equilibrium price is $40.
Equilibrium price of $50 is greater than price ceiling. This would lead to an increase in demand over supply causing a shortage. This would cause a reduction in the number of people that attend concerts.
I hope my answer helps you
The internal rate of return's shortcomings derive from the assumption that all future reinvestments will take place at the same rate as the initial rate.
<h3>What is
investments?</h3>
The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.
Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.
The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.
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Product positioning is the process of deciding and communicating how you want your market to think and feel about your product
Gathering "competitive intelligence" is good business practice.
<u>Option: A</u>
<u>Explanation:</u>
The outcome of an attempt by a organization to accumulate and evaluate knowledge about its market, business climate, rivals and competitive goods and services, is understood as competitive intelligence. The method of collecting and evaluating data will help a corporation establish its plan or recognize market gaps. It is taken as a good business practice because it make awareness of competition in market which helps in set up of mind and making strategy. Ethics is one of the subjects used in such competitive intelligence.