1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kirza4 [7]
3 years ago
8

A price ceiling creates a shortage when it is set

Business
1 answer:
Setler [38]3 years ago
7 0

Answer:

D. lower than the equilibrium price.

Explanation:

Markets are at equilibrium where demand = supply & demand, supply curves intersect.

Price ceiling is maximum price mandated by the government at which a good can be sold in the market. It is usually below equilibrium price, set to bring necessity goods under affordable price bracket of poor people.

This artificially reduced price creates excess demand or shortage (less supply), because at the lower price - demand is more but supply is less.

For more , refer : brainly.com/question/14580944#

You might be interested in
Christopher, an accounts manager at a mid-sized health care firm, does not have any direct international responsibilities; howev
monitta

Answer:

better understanding how foreign operations affect the company's competitive advantage.

Explanation:

Based on the scenario being described within the question it can be said that Christopher would greatly benefit by better understanding how foreign operations affect the company's competitive advantage. Mostly due to the fact that it would allow Christopher to determine certain aspects or scenarios that the company may not realize and maybe help him climb in the ranks.

7 0
3 years ago
In silicon valley, california, it is not unusual for highly skilled employees to stay at one company for about three years. thes
Anuta_ua [19.1K]

Answer:

Type A

Explanation:

William Ouchi developed the Japanese management Theory Z which served as a reference for understanding the great economic boom in Asian countries.

Type A organizations focus on individual performance and accountability, they generally rely on short term evaluation periods and rapid promotions of high achievers and encourages personal efficiency.

5 0
3 years ago
The 'on my way button' should be clicked when you leave your current location (home, gym, etc.) to go to the walk. when should y
ddd [48]
<span>Before starting walking from the current location "start walk" button should be tapped as 'on my way button' was clicked when you leave your current location to go to the walk.</span>
3 0
3 years ago
WILL NAME BRAINLIEST IF SOMEONE CAN HELP!!!
AveGali [126]

Answer:

Demand.

Explanation: Because the demand is how much or what they want while supply is how much they can give.

5 0
3 years ago
How do states with no personal income tax raise money for public services?
nata0808 [166]

Answer:

Just seven states — Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming — do not levy an individual income tax. Relatively few New Hampshire and Tennessee residents pay tax on their income, but because these states collect taxes on dividends and interest income, they were not included on this list.

Explanation:

5 0
3 years ago
Other questions:
  • The other day you were searching for electronic music schools and visited some related sites. A few days later you were curious
    15·1 answer
  • A real estate salesperson is often approached by home buyers of a particular race. His usual practice is to show them homes in n
    10·1 answer
  • Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.3 milli
    9·1 answer
  • Select all that apply What is the difference between an adjusted trial balance and an unadjusted trial balance? (Check all that
    10·1 answer
  • Prospective financial information presented in the format of historical financial statements that omit either gross profit or ne
    9·1 answer
  • Hector is a supervisor in a small automotive shop. He spends a lot of his time training some workers, while helping others solve
    15·1 answer
  • In a market, demand is given by P = 100 − Q and the (private) marginal cost of production for the aggregation of all firms (the
    5·1 answer
  • A rights offering Question 16 options: a) is the least expensive way to raise capital. b) gives the firm a built-in market for n
    6·1 answer
  • I rlly need answers quick guys! This isnt Business tho!
    10·1 answer
  • Why does Publix expect you to bag with two hands
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!