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anastassius [24]
3 years ago
12

What happens when a price floor is imposed above the equilibrium price of a good?

Business
1 answer:
PolarNik [594]3 years ago
3 0
<span>Price floors can have differing effects depending on other government policies. If the government agrees to purchase a specific maximum of unsold products at the price floor, it incentivizes a business to increase supply or at least to stay in the industry despite slow sales. Many governments do this for areas they see as strategically or politically significant, such as agriculture, or to prevent what they consider to be unfairly low prices of its products. If a foreign government sets a price floor for coffee beans, for example, and then agrees to buy the surplus up to a certain amount, it encourages growers to maintain their operations by placing an effective hedge against price fluctuations. If you own a small coffee shop, these price floors mean that you’re more likely to be able to find your imported beans, but you’ll pay more for them</span>
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Heather and Alicia work at the same company, but in different departments. Heather is an individual contributor and she is respo
Alex Ar [27]

Heather is a Hourly employee and Alicia is a full-time Salary employee.

<h3>What is employee?</h3>

An employee is someone who works for someone else or a company in exchange for wages or other agreed-upon compensation. An employee is someone who works for McDonald's and is paid a certain amount of money for each hour worked.

Employees are paid to perform specific duties and tasks for their employers. They typically work full-time, part-time, or on a temporary basis. Employees carry out specific job responsibilities and roles, which are usually defined in the job description.

An employer is a person, company, or organization that hires people and pays them for their services. Employees are people who are paid to do work.

To know more about employee follow the link:

brainly.com/question/1190099

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5 0
2 years ago
Rodney Cashman has been investing $2,000 quarterly for the past 18 years in an equity mutual fund. How much is the fund worth no
leva [86]

Answer:

<em>Rodney Cashman's fund is worth $ 465,862.95 after investing for the past 18 years.</em>

Explanation:

Given: Number of periods - 18 years * 4 quarters = 72

Periodic payment - $2,000

Interest Rate - 11.5%

Formula: FV of Annuity= p [(1+ r/m)n-1/ (r/m)]

Where:

P - Periodic Payment

r - interest rate

n - number of periods

m - compounding period

FV of Annuity =$ 465,862.95

4 0
3 years ago
Historical Art is a new business. During its first year of operations, credit sales were $50,000 and collections from credit sal
Harrizon [31]

Answer:

C. 1,500

Explanation:

Credit Sales x 3%

$50,000 x 0.03 = $1,500

8 0
3 years ago
The director of research has asked you to produce a pro forma valuation of a target company using leveraged buyout analysis. A c
statuscvo [17]

6.8  will be the debt-to-EBITDA ratio.

EBITDA* 8.5=Transaction Value

(Transaction value * 0.8) / EBITDA = 6.8

EBITDA, or earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in certain circumstances. However, EBITDA can be misleading because it does not reflect the cost of capital investments such as property, plant, and equipment.

This metric also excludes debt-related expenses by adding interest and tax costs to revenues. However, it is a more accurate measure of business performance as it is able to report profit before the effect of accounting and financial deductions.

Learn more about the debt-to-income ratio here: brainly.com/question/24814852

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4 0
2 years ago
Which of the following is described as an event that a company hosts to thank its loyal​ customers?
Jobisdone [24]
<h2>Answer:</h2><h2>Option C: Brandfest</h2><h2>Brandfest is described as an event that a company hosts to than its loyal customers.</h2>

Explanation:

Brandfest is the most important way to thank its loyal customer and bring more business by sustaining the brand name.

Entrepreneur: He is the person who sets up the business.

Crowdsourcing: Obtaining information from a large number of people.

Value proposition: This is an attractive way in marketing to impress and bring more business

Folksonomy: This is to segregate items online according to the category. This is done with the help of tagging an item.

7 0
3 years ago
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