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Mice21 [21]
3 years ago
13

Why does a government place price ceilings, such as rent control, on some “essential” goods?. A. to prevent the development of a

black market . B. to encourage an increase in supply of necessary items . C. to limit the impact of equilibrium pricing . D. to help reduce demand for these goods
Business
2 answers:
Maksim231197 [3]3 years ago
8 0
The government place price ceilings, such as rent control, on some essential goods because of the reason of limiting <span>the impact of equilibrium pricing. This will also limit the direct increase of the prices of the goods. This will also help regulate the flow of prices in the market.</span>
balu736 [363]3 years ago
3 0

Answer:

Those that are essential but too expensive for some people.

Read More

Explanation:

The government place price ceilings, such as rent control, on some essential goods because of the reason of limiting the impact of equilibrium pricing. This will also limit the direct increase of the prices of the goods.

https://www.answers.com/Q/On_which_kinds_of_goods_do_government_generally_place_price_ceilings

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nexus9112 [7]

Answer:

an Evi score of 32 or below

Explanation:

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d. The 60% of the rise in the

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4 0
3 years ago
The summary of important trends in retailing are​
ankoles [38]

Answer:

1 Investment in omni channel retail strategies

2 provide a personalized retail experience

3 Attend to the growing culture of immediacy

4 Expand into emerging markets and create a new channel

7 0
3 years ago
The united states does __________ to redistribute income from the wealthy to the poor than other countries.
Olegator [25]
The term that best fits this statement is this: SIGNIFICANTLY MORE. The United States does significantly more in reallocating earnings from the rich to the poor compared to other countries. This is to reduce the gap between the wealthy and the poor in their country.
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4 years ago
Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savi
yawa3891 [41]

Answer:

d. $1,000

Explanation:

Implicit cost is the cost which has been incurred, and cannot be avoided. It is best described as an opportunity cost that has been foregone, here the funds have been borrowed specially for coffee shop. Interest expense of $8,000 is the cost for such borrowing, also the amount withdrawn from savings account have been used for coffee shop but the interest income foregone is the opportunity cost = $50,000.00 \times 2% = $1,000 is implicit cost.

Therefore, correct option is d. $1,000

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