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Llana [10]
4 years ago
9

A binding price ceiling...

Business
1 answer:
vovikov84 [41]4 years ago
5 0

Answer:

d) (ii) and (iv) only

Explanation:

A price ceiling is usually set by the government or an agency of the government. A price ceiling limits how high producers can sell their product. It sets the maximum price that can be charged for a good or service.

For a price ceiling to be effective, price has to be set below equilibrium price.

Because price is less than equilibrium price, the profits of producers would fall and producers would reduce supply. This would lead to an excess of demand over supply. This is known as a shortage.

I hope my answer helps you

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kherson [118]

Explanation:

<u>The answer is C because when an interest of a product goes up, the price has to go up to make more money. Companies want a lot of interest to a certain product to increase the attention of buying the product, when more and more people buy the product, they should increase the price to make More Money.</u>

7 0
4 years ago
Read 2 more answers
Paying higher wages encourages workers to be more productive. Higher wages cause workers to shirk more of their responsibilities
bixtya [17]

Answer:

The answer is "Choice First and third"

Explanation:

Please find the complete question in the attached file.

The higher wages will improve the productivity of workers in various ways, that are salary with the number of workers exceeds the cost of labor, in the fewer countries. It can be associated with both the poor diet and over-market wages in these environments can enable the workers of the company to remain fit and efficient. The fewer employees may decide to seek other employment opportunities when a business pays salaries just above the current market price. This elimination of employee sales will minimize company training costs because new employees need to be trained.

3 0
3 years ago
What is the opportunity cost of the first extra hour of study?
ziro4ka [17]
T<span>he opportunity cost for the first extra hour of study is an hour of sleep or an hour of something you should have done in lieu of studying. Since you chose to study, and gave up </span>other<span> things which you could have done, those were your opportunity costs. You are willing to give up those things in order to study.</span>
3 0
3 years ago
A company should accrue a loss contingency only if the likelihood that a liability has been incurred is:At least reasonably poss
Fittoniya [83]

Answer:

The answer is: Probable and the amount of the loss can be reasonably estimated.

Explanation:

Losses should be recorded as soon as possible (conservatism principle) as long as they are probable and can be reasonably estimated. A loss doesn't have to occur to be recorded, that is why they are recorded as contingency losses. If the company finds it probable that a loss will happen but can't estimate it, then it can't record it as a contingency loss.  

3 0
4 years ago
Which of the following is NOT true? Group of answer choices A call option gives the holder the right to buy an asset by a certai
Setler79 [48]

Answer:The holder of a call or put option must exercise the right to sell or buy an asset.

Explanation:The holder of a right or put option has the right to exercise that power but it is not a mandatory right,he or she can decide not to exercise that power.

All other options are correct, a call or gives the holder the right to buy an asset at a certain date and at a specific price.

A put option gives the holder the right to sell an asset at a specific date and price.

The holder of a forward contract is obligated to buy or sell an asset.

3 0
3 years ago
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