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:
![P(X](https://tex.z-dn.net/?f=P%28X%3C-15%29%3DP%28%5Cfrac%7BX-%5Cmu%7D%7B%5Csigma%7D%3C%5Cfrac%7B-15-%5Cmu%7D%7B%5Csigma%7D%29%3DP%28Z%3C%5Cfrac%7B-15-11%7D%7B26%7D%29%3DP%28Z%3C-1%29)
And we can find this probability using the normal standard distribution table or excel and we got:
![P(Z](https://tex.z-dn.net/?f=P%28Z%3C-1%29%3D0.159)
Explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Solution to the problem
Let X the random variable that represent the expected return, and for this case we know the distribution for X is given by:
Where
and ![\sigma=26](https://tex.z-dn.net/?f=%5Csigma%3D26)
We are interested on this probability
![P(X](https://tex.z-dn.net/?f=P%28X%3C-15%29)
And the best way to solve this problem is using the normal standard distribution and the z score given by:
![z=\frac{x-\mu}{\sigma}](https://tex.z-dn.net/?f=z%3D%5Cfrac%7Bx-%5Cmu%7D%7B%5Csigma%7D)
If we apply this formula to our probability we got this:
![P(X](https://tex.z-dn.net/?f=P%28X%3C-15%29%3DP%28%5Cfrac%7BX-%5Cmu%7D%7B%5Csigma%7D%3C%5Cfrac%7B-15-%5Cmu%7D%7B%5Csigma%7D%29%3DP%28Z%3C%5Cfrac%7B-15-11%7D%7B26%7D%29%3DP%28Z%3C-1%29)
And we can find this probability using the normal standard distribution table or excel and we got:
![P(Z](https://tex.z-dn.net/?f=P%28Z%3C-1%29%3D0.159)
The best place that one should check when looking for the amount a company spent on purchasing long-term assets is the Investing section of the <u>Cashflow statement.</u>
<h3>What goes in the Investing section of the cashflow statement?</h3>
This is where cash transactions relating to the purchase and sale of fixed assets are recorded. Transactions involving securities of other companies go here as well.
If we want to see the amount spent on fixed assets therefore, we should look at the investing section as it will show the actual amount of cash spent on fixed assets.
Find out more on the cashflow statement at brainly.com/question/735261.
The price of a bond Falls and the expected return Rises, bonds become more attractive to investors and the quantity demanded rises.
Let's now think about how bonds are impacted by interest rates. Interest rate and credit spread make up the majority of a bond's yield. The interest rate is the base rate for all bonds denominated in a particular currency and compensates investors for their fundamental economic risks, whereas credit spread indicates the idiosyncratic risks related to specific issuers.
Therefore, if the market anticipates an increase in interest rates, bond yields will also increase, which will cause bond prices to decline.
The price of a bond Falls and the expected return Rises, bonds become more attractive to investors and the quantity demanded rises.
To learn more about the above topic, visit the following link:
brainly.com/question/27990919
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Incorrect. You don’t need a comma after “crocodiles” or before “other”