Answer:
false
Explanation:
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Price floor set above the market-clearing price is non binding
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
Answer:
C. intangibility
Explanation:
Intangibility -
It refers to a non - tangible thing , i.e. , incapable of touching as it could be a immaterial object .
Or something that is not clear ,
Hence , from the question ,
The brochure given by the spa , consists on many pictures that give people a better idea and make a wise decision to whether or not visit the spa or not .
Answer:
$44,800
Explanation:
For computation of capital balance we need to find out first total capital, shares, gain and Orton shares which is shown below:-
Total capital = $60,000 + $40,000 + $20,000
= $120,000
Shares = Total capital × Interest rate
= $120,000 × 0.10
= 12,000
Gain = Investment - Shares
= $20,000 - $12,000
= $8,000
Orton Shares = Gain × 3 ÷ 5
= $8,000 × 3 ÷ 5
= $4,800
Capital = Given capital balance + Orton Shares
= $40,000 + $4.800
= $44,800
So, We have applied the above formula.
Answer:
The correct option is B,$198,000
Explanation:
The balance in allowance for uncollectible accounts was standing at $18,000 and it was decided to write-off $16,000 off the this existing balance,which implies that the balance left in the allowance for uncollectible account to set off against accounts receivable is $2,000($18,000-$16,000).
Invariably,the net realizable value of accounts receivable is $198,000($200,000- $2,000).
The correct option hence is B, $198,000
Answer:
3. The client is likely to perceive others as being closer than they are and feel threatened
Explanation:
To "lose control", refers to a state of inability to maintain one's calm and composure, in addition to losing the ability to judge a situation or act and decide rationally.
When in such a state, an individual may act violently or impulsively. Such a state of mind is accompanied by very high levels of anxiety and uneasiness.
In the given case, the client is undergoing such a state as a consequence of which there is high level of anxiety as well as agitation. In such turbulence state, it is advisable for the staff to maintain some distance from the client so as to ease the client and calm him down.
Since in such a state of high intensity, an individual is likely to perceive others closer to him than they actually are, which may augment the anxiety levels.
