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ddd [48]
4 years ago
13

the government believes that the equilibrium price is too low and tries to help almond growers by settinga price floor at Pf. Wh

at are represents the portion of consumer surplus that have been transsferred to produce surplus as a result of the price floor.

Business
1 answer:
musickatia [10]4 years ago
7 0

Answer: D) B

Explanation:

The Producer Surplus refers to the area below the Price Floor but above the Supply Curve and left of the new Quantity supplied. It comprises of areas B and E.

Before the Price Floor was introduced, area A, B and C were the Consumer Surplus as they were above the price but below the Demand Curve.

After the Price Floor was introduced however, area B has become a Producer Surplus.

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Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidi
stira [4]

Answer:

d. the supply curve of new houses would shift rightward, since builders would be willing to produce and sell more houses at each given price.

Place more oil on the market this year, shifting the curve rightward.

Explanation:

1. In the given scenario the government is willing to give home-construction companies $10,000 for every house that they build.

This will result in more willingness on the part of the construction companies to build more houses.

More houses built means more income coming in from the government.

Therefore the supply curve of home building will shift to the right.

2. When oil producers expect prices of oil to increase in the next year, there is a need to control oil prices by increasing availability of oil in the market.

Increase in price results from a scarcity of oil. So to mitigate this excess oil is supplied to control price increase.

This action will shift the curve rightward.

6 0
3 years ago
In cell e5, enter a financial function to calculate the monthly payment. in cell e6, insert a financial function to calculate th
eduard

The excel function for monthly payments is =PMT()

The excel function for cumulative total interest is =CUMIPMT()

4 0
4 years ago
When forecasting balance sheet financials, an unusually high forecasted cash balance suggests which of the following? A. Sales a
Inga [223]

Answer:

The correct option is E

Explanation:

If the business is forecasting the financials of the balance sheet and mostly the high forecasted balance of cash implies that the company or the firm could pay off the debt in the next or the following year.

The forecasted high cash balance most likely decrease the long term and the short term debt of the company in order to reduce the cash levels to a consistent level.

So, none of the above options provided is correct.

7 0
4 years ago
a. Simulation can be used to analyze large and complex real-world situations that cannot be solved by using conventional quantit
Ivan

Answer:

D). All of the above statements are correct.

Explanation:

Simulation can be described as the process designed to offer a realistic experience in order to know the actual mechanism of a specific behavior or outcome.

As per the question, 'all the given statements' are asserting true claims with respect to simulation. Simulation is characterized as <u>an effective process for evaluating large and complicated actual-world circumstances as it is a realistic environment to know the truth and actual causes behind those situations</u>. Such situations cannot be assessed truly using the traditional quantitative models of analysis. It is able to provide answers to the questions like 'what-if' as it observes the realistic nature and promotes effective decision-making. It is also <u>employed to investigate the collective effect of specific variables or components to categorize them as important or not-important as it closely observes every aspect</u>. Thus, <u>option D</u> is the correct answer.

3 0
3 years ago
Why did thousands of russians citizens march on st. petersburg in 1905?
Elina [12.6K]
<span>they marched to demand better working conditions,more personal freedoms, and greater representation in government.</span>
3 0
3 years ago
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