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
leonid [27]
3 years ago
7

The town of Fairness has a law that says that wages should be high enough to ensure that all people can afford to buy enough foo

d to feed their families. The law that sets food prices low enough to meet these requirements would be an example of a:
Business
1 answer:
Angelina_Jolie [31]3 years ago
8 0

Answer:

Price ceiling

Explanation:

The price ceiling means the maximum price that is charged by the supplier to the consumer. If is not affected so it is above equilibrium price and in case when it is below than the demand is greater than the supply.

So in the given question, it is mentioned that the prices of food are set low that are sufficient to meet the requirement represent the price ceiling example

You might be interested in
A desktop computer now sells for 15% less than it did last year. the current price is $425. what was the price of the computer l
Aleksandr [31]

Answer:

533 Доллара.

Explanatio:Время идет и железо усовершенствуется... А старое падает в цене.....и

6 0
3 years ago
A job was budgeted to require 3 hours of labor per unit at $11.00 per hour. The job consisted of 8,000 units and was completed i
stira [4]

Answer:

Direct labor time (efficiency) variance= $22,000 favorable

Explanation:

<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (3*8,000 - 22,000)*11

Direct labor time (efficiency) variance= (24,000 - 22,000)*11

Direct labor time (efficiency) variance= $22,000 favorable

8 0
3 years ago
The owner of a valuable painting hired professional movers to transport it to an auction house when she decided to sell it. As t
MAVERICK [17]

Answer:

No. She suffered no physical impact

Explanation:

Negligent infliction of emotional distress occurs when a person engages in an act that can cause  severe emotional distress to another .

The plaintiff must be able to prove that the act was done willfully or provide an evidence that

  • It was a result of defendant's negligence
  • Plaintiff suffered emotional distress a direct  result of the action
  • The action was foreseeable by the defendant
  • The plaintiff was in a danger zone

before he can win a claim.

The question here is how to prove emotional stress? The plaintiff must be able to show a verifiable physical injury that is linked to the emotional distressed suffered.

7 0
3 years ago
At the profit maximizing level of employment, the wage rate is _____ and the level of employment is _____: w3; q1 w2; q2 w1; q1
diamong [38]
The correct option is w1;q1.
<span>At the profit maximizing level of employment, the wage rate is W1 and the level of employment is Q1.</span>
4 0
3 years ago
On December 1, Milka Inc. borrows $500,000 from the bank. Interest of 6% is due in six months. On December 31, Milka recognizes
Leokris [45]

Milka's balance sheet reports: Interest payable for one month.

<h3>What is interest?</h3>

The fee you pay to borrow money or the fee you charge to lend money is called interest.

Some features of interest are-

  • The fee paid for the privilege of borrowing money is called interest, and it is often stated as an annual percentage rate (APR).
  • The compensation a lender or financial organization receives for giving out money is called interest.
  • The most common way to represent interest is as a yearly percentage of the loan amount.
  • The interest rate on the loan is known as this percentage.
  • For instance, if you put money in a savings account, a bank will provide you interest.

The three types of interest include -

  1. simple (regular) interest: The daily interest rate, the principle, and the number of days between payments are multiplied to determine simple interest.
  2. accrued interest: The amount of interest accrued on a loan or other financial obligation as of a certain date that has not yet been paid back.
  3. compounding interest: The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: If you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You'll have $110.25 after the second year is over.

To know more about the estimation of simple interest, here

brainly.com/question/2294792

#SPJ4

5 0
2 years ago
Other questions:
  • The final topic of the video is about leadership and structure. The speakers promote distributed centers which are similar to th
    10·1 answer
  • Salaries and Wages are the main sources of personal income.true or false
    14·1 answer
  • Florida Berry Basket harvests early-season strawberries for shipment throughout the eastern United States in March. The strawber
    14·1 answer
  • Assume that at retirement you have accumulated $500,000 in a variable annuity contract. The assumed investment return is 6%, and
    11·1 answer
  • Ben quit his job as an economics professor to become a golf professional. He gave up his $30,000 salary and invested his retirem
    7·1 answer
  • In a one-tailed test, the rejection region is located under one tail (left or right) of the corresponding probability distributi
    8·1 answer
  • Which of the following correctly describes a general ledger?
    14·1 answer
  • On June 5, Staley Electronics purchases 120 units of inventory on account for $15 each, with terms 1/10, n/30. Staley pays for t
    12·1 answer
  • Novak Corporation purchased 380 shares of Sherman Inc. common stock for $12,900 (Novak does not have significant influence). Dur
    14·1 answer
  • (17) What are the 3 predominant areas of a market opportunity analysis that we must take into consideration as Marketing Manager
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!