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3 years ago

26. Given a normal market supply curve for ice cream, if the surgeon general states that ice cream causes cancer, then:________

Business

1 answer:

Anvisha [2.4K]3 years ago

3 0

Answer:

B) there is a decrease in the quantity supplied of ice cream

Explanation:

normal market supply curve provide the relationship between quantity supply and the price of the community.

In this question the ice cream is the quantity supply,Given a normal market supply curve for ice cream,

In case, surgeon general states that ice cream causes cancer, then there will be decrease in the quantity supplied of ice cream because the value(price) has decreased then the quantity supplied of ice cream decreases.

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Supporters of rent control say that it _____ the price of renting an apartment. raises lowers does not change

denis23 [38]

Answer:

The answer is lowers.

Explanation:

Supporters of rent control say that it <u>LOWERS</u> the price of renting an apartment.

Rent control is an administration program that puts a limit on the sum that a landowner can charge for renting a home or for renewing lease

Rent control laws are typically established by regions and the subtleties differ broadly. All are planned to continue living costs reasonable for lower-salary occupants.

Rent control laws mostly limit the amount a landlord can increase rents on existing tenants. Therefore Rent control is controversial. In fact, 37 states have laws that forbid local governments from enacting such measures.

6 0

3 years ago

The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $310 million. It has liabilities of $3

defon

Answer: 8.79%

Explanation:

The premium or discount as a percent of NAV will be calculated thus:

NAV will be calculated as:

= (Market value of portfolio - liabilities ) / shares outstanding

= ($310 million - $3million) ÷ 10 million

= $30.7 per share.

Then, the calculation for the discount percent will be:

= (selling price - NAV) / NAV

= ($28 - $30.7) / $30.7

= ($-2.7) / $30.7

= (0.0879)

= 8.79%

Therefore, NAV is trading at discount of 8.79%

8 0

3 years ago

Wizard Co. purchased two machines for $250,000 each on January 2, 2005. The machines were put into use immediately. Machine A ha

faltersainse [42]

Answer:

75,000

Explanation:

The straight-linedepreciation is calculate by dividing the acquisition value over the useful life

Machine A useful life is for 5 years

250,000 / 5 years = 50,000 per year

Machine B useful life is:

2 years in development project and then 8 years in a production division

total useful life for 10 years

250,000/ 10 years = 25,000

<u>Total development expense: </u>

machine A depreciation 50,000 + machine B depreciation 25,000 = 75,000

development expense 75,000

acc depreciation machine A 50,000

acc depreciation machine B 25,000

4 0

3 years ago

1.The percentage of the labor force that belongs to a union is known as the

Helen [10]

1) The percentage of the labor force that belongs to a union is known as the UNIONIZED PERCENTAGE RATIO.

2) The equilibrium wage rate is determined by the point of intersection of labor market supply and labor market demand. Equilibrium wage is the wage where the company agrees to pay and the worker agrees as the value of his work.

3) The effect of union exclusion of nonunion workers is to lower the wages of nonunion workers.

4) A market with one buyer and one seller is a bilateral monopoly. Monopoly is a market with only one seller. Monopsony is a market with only one buyer.

4 0

3 years ago

Accompanying the bank statement was a debit memorandum for an NSF check received from a customer. This item would require an adj

tamaranim1 [39]

Answer:

The correct answer is debit accounts receivable, credit cash.

Explanation:

Note debit is a receipt that a company sends to its client, in which it is notified that it has charged or debited a certain sum or value in its account, for the concept indicated in the same note. This document increases the value of the debt or account balance, whether due to an error in billing, interest for late payment, or any other circumstance that means an increase in the balance of an account.

6 0

3 years ago