Answer:
b. surpluses of the commodity will develop
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
If price ceiling is set above equilibrium price, suppliers would increase supply while consumers would reduce demand. This would lead to an excess supply and surplus in the economy.
When price ceiling is set above equilibrium price, it is known as a non binding price ceiling.
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The network diagram for the activities indicated above is given in the attached image.
<h3>What is a network diagram?</h3>
A network diagram is a graphical depiction of a project that consists of a number of connected arrows and boxes that illustrate the interdependence of the project's operations.
The activity description is represented by boxes or nodes, and the interaction between the activities is represented by arrows.
<h3>What is the use of a network diagram?</h3>
A network diagram enables a project manager to keep track of each component of a project and easily communicate its status to others.
It also provides:
- visual depiction of progress for stakeholders; and
- Creating project workflows.
Learn more about a network diagram:
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Answer:C) $2,125.
Explanation:
Interest = Principal x rate x time (period)
using days in a year = 360 days
Interest = $85,000 X 10% x 90/360
=$2,125
Therefore, Alabaster Inc, must repay the $85,000 principle and $2,125 in interest
Answer: $109,080; $145,920
Explanation:
Based on the information that have been provided in the question, the following can be gotten:
The amount for income tax expenses will be:
= 36% of $303,000
= 36/100 × $303,000
= 0.36 × $303,000
= $109,080
The net income will be:
Reported income = $303,000
Less income tax = $109,080
Less loss on discounted operation = $48,000
Net income = $145,920
Loss on discounted operation:
= $75,000 × (1 - 36%)
= $75,000 × (1 - 0.36)
= $75,000 × 0.64
= $48,000
The choices were A) store of value. B) medium of exchange. C) unit of account. D) double coincidence of wants
<span>The answer is </span>B<span>) medium of exchange. The money was used as a medium to purchase a product. </span><span> It</span><span> can be observed on different transactions of customers to obtain their needed item. It can be a necessity or a want that person must have.</span>
