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frosja888 [35]
3 years ago
8

15Question(1 point) 1st attempt What will happen in a market where a nonbinding price floor is removed? Choose one:

Business
1 answer:
djverab [1.8K]3 years ago
4 0

Answer:

A. The price or quantity of the product sold on the legal market will not change.

Explanation:

Non-binding price floors are price floors that are set at lower points that the actual market value, so removing it will have little to no effect on the actual market because it wasn´t being taken into account from the start, price floors are set to ensure that a certain product does not go lower than a certain price to control prices, if the price in the market is between the floor and ceiling price nothing will happen if the price floor is removed.

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Asset deflation: Multiple select question. reflects a decline in the productive capacity of assets and therefore reduces potenti
Eduardwww [97]

Generally, a firm's asset deflation mostly reflects a decline in the productive capacity of assets and therefore reduces potential output.

<h3>What is an asset deflation?</h3>

This refers to the general reduction in the value of firm's assets such as lands, homes, office, machine etc \.

Most time, the firm's asset deflation mostly reflects a decline in the productive capacity of assets and therefore reduces potential output.

Therefore, the Option A is correct.

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7 0
2 years ago
Nivan Co. issued $500,000 of 5 percent, 10-year, callable bonds on January 1, Year 1, at their face value. The call premium was
Sav [38]

Answer and Explanation:

The journal entries are shown below:

On Jan 1

Cash $500,000

          To Bond Payable  $500,000

(Being the issuance of the bond is recorded)

On Dec 31

Bond Payable $500,000

Loss on redemption $15,000    ($500,000 × 3%)

          To Cash    ($500,000 × 103%)  $515,000

(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)

8 0
3 years ago
What does a balanced lifestyle look like? choose a job you would like to have and describe how you could keep your life balanced
Stels [109]

Balance life is the ability to manage one's life effectively, given attention to all that is needed.

<h3>What is balance lifestyle?</h3>

Balanced lifestyle occurs when an individual is able to manage all aspect of life without affecting each other.

The individual is able to work effectively and still have a good time with his or her family.

An individual with a personal business can have a flexible schedule to accommodate all that matters to his lifestyle.

Therefore, Balance life is the ability to manage one's life effectively, given attention to all that is needed.

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8 0
3 years ago
What do you understand by the term social structure? Explain social roles in the context of social structure and quote real life
Alex73 [517]

Answer:

Social structure is the arrangement in the society where people live and interact together in the society.

Explanation:

Social structure in humanism is considered to be the specific and stable plan of the organizations where the people in general public collaborates and lives respectively. The social structure is often treated together with the very idea of the social change that tries to manage the powers of the people which changes the social structure as well as the association of the society.

Social structure helps the individuals to sort out their current circumstances and it limits which characterize the insiders and the outcasts. Social structure restricts certain alternatives and spots us in the discretionary classes that is not based on the personal preferences.

Karl Marx once stated how the monetary creation is coordinated by central main part of the general public.

7 0
3 years ago
Harry was unable to complete a task assigned to him by his superior. He also refused to work overtime. Consequently, Harry's sup
Svetlanka [38]

Answer:

self-managing team.

Explanation:

Harry is not a team player.

5 0
3 years ago
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