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VARVARA [1.3K]
4 years ago
8

If a price floor is not binding, then A. there will be a shortage in the market. B. there will be no effect on the market price

or quantity sold. C. the market will be less efficient than it would be without the price floor. D. there will be a surplus in the market
Business
1 answer:
jarptica [38.1K]4 years ago
7 0

Answer:

The correct answer is A

Explanation:

Price floor, also referred to as the minimum price, which is described as the lower limit placed by the regulatory authority or the government on the price which is per unit of the product or the commodity.

Non- binding price floor, means that the price floor is less than the present price of the market, and the equilibrium price will be more or above the price floor.

So, when the price floor is not binding, then the market will be shortage or less than from the present price.

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In a 100-percent reserve banking system, if people decided to decrease the amount of currency they held by increasing the amount
MariettaO [177]

Answer:

a M1 would not change.

Explanation:

the checkable deposits are part of M1 as well as the currency and coins. Therefore, a component of M1 decrease (currency) while another of M1 (checkable deposits) increase.

As the banking system works with a 100-percent required reserve there is no multiplier effect from the deposit therefore M1 do not change.

8 0
4 years ago
Private enterprise is run mainly to?
saw5 [17]
Most private enterprise mainly run to gain profit
8 0
3 years ago
To avoid potential liability for misconduct in corporate operations, directors can refrain from reasonable supervision of work d
Ber [7]

Answer:

c. corporate officers.

Explanation:

In the case when the potential obligation is to be avoided for any misconduct while having operations in the corporate so the directors could refrain from the supervision of the delegated work to the corporate officers so that the work could not harm that result in help in attains the goals & objectives

Therefore the option c is correct

4 0
3 years ago
A textbook publisher produces a textbook for $25 per book and sells a lot of 160 to the Campus Bookstore for $50 per unit. The b
Dmitry_Shevchenko [17]

Answer:

$4,000

Explanation:

The net profit of the publisher over the useful life of the 160-unit lot of textbooks is the difference between his selling price to the bookstore and the cost incurred multiplied by the number of unit.

Hence the net profit of the publisher

= 160( $50 - $25)

= 160 * $25

= $4,000

8 0
3 years ago
I WILL MARK BRAINLEIST WHOEVER ANSWERS FIRST!!
Katarina [22]

Answer:

That setting isn't available on edmentum. You can't how you performed on each question, but you can see your final score and the number of questions you got correct and missed.

That would definitely be a great feature if they added it.

Explanation:

8 0
3 years ago
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