Answer: Price ceilings are beneficial to society, and are often necessary, in that they make sure that essential goods are financially accessible to the average person, at least in the short run. By lowering costs, price ceilings also have the beneficial effect of helping to stimulate demand, which can contribute to the health of an economy.
However, there can also be downsides to price ceilings. While they stimulate demand, price ceilings can also cause shortages. Where the ceiling is set, there is more demand than at the equilibrium price. This means that the amount of the good or service supplied is less than the quantity demanded.
For example: in agriculture, medicine, and education, many governments set maximum prices to make the needed goods or services more affordable. Producers may respond to such an economic situation by rationing supplies, decreasing production levels or lowering the quality of production, making the consumer pay extra for otherwise free elements of the good (features, options, etc.), and more.
Request: Can I please get brainliest
Answer:
<em>The </em><u>aging</u><em> of accounts receivable method uses several percentages to estimate the allowance.</em>
Explanation:
An account of receivable aging report lists customer account balances by length of time outstanding.
Answer:
Break-even units = 66.67 units
Explanation:
<em>Break-even point is the level of activity that achieves no profit or loss. At this level profit is zero because the the total revenue is equal to total cost.</em>
<em>The break-even point is calculated as </em>
<em>Units to achieve target profit = (Total general fixed cost for the period + target profit)/ contribution per unit</em>
Contribution per unit = Selling Price - Variable cost
Contribution per unit = 15- (1+3+0.50) = 10.5
Fixed cost = 500 +( 50× 4) = 700
So the units requited to achieve break-even point:
Break-even point = 700/10.5
= 66.67 units
There are several elements that need to be covered when conducting a formal marketing/ sales event except A. providing a list of plans that have the same star rating.
<h3>How can you be compliant when conducting a formal marketing/sales event?</h3>
It is important that several different plans are offered because consumers have different types of needs.
A complete plan presentation should also be provided to ensure that consumers know what they are getting into.
You do not however have to provide plans that have the same star ratings as the plan being presented on.
Options for this question include:
A. providing a list of plans that have the same star rating.
B. providing a complete plan presentation.
C. providing different plans
Find out more on formal sales events at brainly.com/question/24370156.
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$4,050, i got that by adding up each size than subtracting the totals
