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jek_recluse [69]
2 years ago
8

If a price ceiling is set above the equilibrium price in a market rev:a. rationing will be necessary. b. surpluses of the commod

ity will develop. c. the quantity demanded will exceed the quantity supplied. d. the quantity supplied will equal the quantity demanded.
Business
1 answer:
olga_2 [115]2 years ago
4 0

Answer:

b. surpluses of the commodity will develop

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

If price ceiling is set above equilibrium price, suppliers would increase supply while consumers would reduce demand. This would lead to an excess supply and surplus in the economy.

When price ceiling is set above equilibrium price, it is known as a non binding price ceiling.

I hope my answer helps you

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An income statement that expresses each line item as a percentage of a base amount is known as a common-size income statement

<h3>What is common-size statement?</h3>

An income statement that expresses each line item as a percentage of a base amount is known as a common-size income statement. Typically, this refers to overall earnings or total sales. Financial ratio analysis's objective is comparable to that of a common-size income statement. Items are shown as a percentage of a common base amount, such as total sales revenue, in a financial statement of common size. This kind of financial statement makes it simple to compare one company to another or different time periods within the same company.

The common-size statement refers to expressing each value as a percent of sales:

Sales                 3,340                   100.000%

income                 274                     8.234% (274 divided by 3340 times 100)

fixed assets          2,699               80.809%

current assets         836                25.030%

Inventory               417                0.12485  (417/3,340)

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5 0
1 year ago
Dante is the owner of HomeThings, a shop that sells home goods. He just launched a Local Catalog ad campaign. Where are two plac
aleksandrvk [35]

On roadside signs in high-traffic areas.

In the results of a Google-powered search on a desktop computer.

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In any of three-million sites and apps.

On a website during mobile browsing.

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On a website during mobile browsing.

Answer: Options D and E.

<u>Explanation:</u>

Local catalog advertisements (LCA) are an exceptionally visual and simple to-peruse promotion position that utilization feed information from nearby stock advertisements and arrive at watchers of Display advertisements.

LCA can assist you with driving pedestrian activity to your neighborhood stores by featuring store-explicit items, costs, and store data.

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3 years ago
1. In what ways do you think the debt of your country influences the life of ordinary citizens? 2. Discuss with reference to a n
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higher debt crowds out investment in capital goods and thereby reduces output relative to what would otherwise occur

<h3>What is debt ?</h3>

Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.

Student loans, mortgages, and company loans are examples of "good" debt, which is defined as money due for things that can help develop wealth or boost income over time. "Bad" debt is defined as credit card or other consumer debt that does little to help your financial situation. These are overstatements.

Debt refers to the amount of money that must be repaid, whereas financing refers to the provision of funds for use in commercial activities.

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5 0
1 year ago
Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would
insens350 [35]

Answer:

E. Centralized Authority.

Explanation:

As Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would be interested in joining the chamber of commerce to meet potential customers and increase its contacts in the local business community. Typhanie believes this is a very good idea and approached her manager, Deondre, about becoming a chamber member. Deondre said to Typhanie, "Because the cost of membership is over $500 and you will have to leave the office to attend meetings, I will have to get approval from management above me." WestComm is an example of an organization with centralized authority.

In centralized authority, the decisions are made from the top level management or decisions are made from certain managers. Anyone can't make decisions by his or her own in this kind of management style. This system has many flaws as well. As we have seen here in this case, Typhanie is interested in going to chamber of commerce which definitely will be very good for the organisation but when she approached her manager Deondre, he said he even himself can't decide about it, he has to get the orders from his boss. Although the event can be good for the organisation but centralized decision making has made it almost impossible.

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2 years ago
Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. True or f
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Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. This statement is false.

<h3>What is Quantitative management?</h3>

It should be noted that quantitative management is the use of mathematical techniques to select stocks.

Professionals may arrange and comprehend statistics using quantitative procedures, which are research approaches used to examine quantitative data. This enables them to make wise decisions. It assists managers in creating information systems that convey information about activities taking place both inside and outside the firm.

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7 0
1 year ago
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