Answer:
As a result of the price floor, price would increase. As a result, quantity demanded will decrease and the quantity supplied would increase.
Supply would exceed demand and as a result there would be an excess supply of fish.
As an alternative to the price floor, the government can subsidise the cost of fishing. This would reduce the cost of producing fish
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Had to look for the options and here is my answer:
When we say Free-Market capitalism, this means that this kind of market system has their own individual decisions and are not controlled by the government. Therefore, the one that fits the blank above is this answer: <span>the right to freedom of competition. Hope this helps.</span>
Answer:
C.
Explanation:
Im just guessing lol hopefully its right
Answer:
Correct option is (5)
Explanation:
Financial leverage refers to including debt in the acquiring financial assets of the company. Source of funds includes a mix of equity and debt. The more the debt content, more is the company financially leveraged.
As proportion of debt increases, cost of equity increases as investors assume more risk. Volatility of stock increases so investors need to be compensated more for risk assumed by them. As such, their return increases.
