1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
scZoUnD [109]
3 years ago
15

An increase in an effective minimum legal price will do what to prices and quantities actually sold in a market? Prices will ___

______ and the quantities actually sold will ________.a. increase; decreaseb. increase; increasec. decrease; decreased. decrease; increase
Business
1 answer:
SOVA2 [1]3 years ago
3 0

Answer:

The correct answer is A.

Explanation:

An increase in the minimum price will increase prices and quantities offered. A minimum price often is above the equilibrium price. As prices rise, quantity sold declines. The difference between offer and demand will generate an accumulation of stock.

You might be interested in
The Jordan Company had the following transactions Aug. 3 Owner invested $9,000 to start the company Aug. 7 Purchased $500 of equ
sweet [91]

Based on the various transactions that the Jordan Company had during the month, the amount of cash they would have is <u>$2,500.</u>

<h3>What amount of cash Jordan have?</h3>

The cash the company would be left with can be found as:

= Cash inflows - Cash outflows

This can be further broken down as:

= Investment - Equipment purchases - Inventory purchase

= 9,000 - 500 - 6,000

= $2,500

The services sold were not added because the bill had just been sent and no payment had been made.

In conclusion, they would have $2,500.

Find out more on cash balances at brainly.com/question/24848906.

8 0
2 years ago
You work for an advertising agency. You have been assigned to come up with an advertising campaign for a new brand of designer w
lyudmila [28]

Answer:

Peripheral, you do not have strong arguments for why your product is superior.

Explanation:

Persuasion can take two routes. One is central, and the other one is peripheral. In the case of low motivation, low effort and non-analytical option, and temporary change in an attitude is called the peripheral route. It is an indirect route that uses peripheral signs to affiliate positivity with the information — for example, working in an advertising agency. Since the campaign does not need to have much information, using an indirect route is better.

7 0
3 years ago
Which of the following would be a closed question?
madam [21]

The answer is actually: "When did you move here?"

So, the closed question is the last option.

7 0
3 years ago
Read 2 more answers
Selected transactions from the journal of Larkspur, Inc., are presented below. Date Account Titles and Explanation Debit Credit
marshall27 [118]

Answer:

The requirement of the question is below:

Post the transactions to T accounts. (Post entries in the order displayed in the problem statement.)

The postings of the transactions to t accounts are found in the attached

Explanation:

In doing the post , I have observed strictly the rule of double that the giving account be credited and the receiving account be debited.

Also,this could be done understanding that assets ,expenses and drawings should be debited when they increase and the reverse when there is reduction.

Besides, liabilities,capital and income should be credited when they increase and the reverse for the opposite.

Check the highlighted balances as well and note that the balances are named after the side with balance brought down.

Download xlsx
4 0
3 years ago
Which of the following about associate's degrees are true? a. You may transfer part or all of your associate's degree courses to
grin007 [14]
C, associates degree doesn't offer financial aid
8 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose you work as a manager in a firm. Your job is to hire the right number of people to maximize profit. Every worker you hir
    11·1 answer
  • Here are three things you could do if you do not attend your economics class, watch television with some friends, read a good no
    11·1 answer
  • Writ (T) for True and (F) for False Statements: 1. All desires of human beings are known as ‘Demand'. 2. Demand is inversely rel
    8·1 answer
  • A coupon bond that pays interest annually has a par value of $1,000, matures in 5 years, and has a yield to maturity of 12%. If
    14·1 answer
  • Which of the following parts of a business plan include the cash flow projection and profit and loss projection?
    13·1 answer
  • For each of the following transactions for the Sky Blue Corporation, give the accounting equation effects of the adjustments req
    9·1 answer
  • Descriptions Terms a. Begins with net income and then lists adjustments to net income in order to arrive at operating cash flows
    11·1 answer
  • Suppose hockey skates sell in Canada for 135 Canadian dollars, and 1 Canadian dollar equals 1.004 U.S. Dollar. If purchasing pow
    13·1 answer
  • What role does a fast-food corporation play when it agrees to franchise its business?
    12·1 answer
  • Which area is particularly challenging when recruiting workers for small businesses?.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!