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3 years ago

Wartime rationing of consumer goods led to what unintended consequence answers com

Business

2 answers:

vredina [299]3 years ago

4 0

Black Markets

Because consumers could not get enough of certain goods through normal channels due to rationing, they turned to black markets to buy certain products.

zubka84 [21]3 years ago

3 0

‘Black market’ for grad point.

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According to the supply and demand model, when the cotton gin was invented and if all else was held constant, we would expect th

larisa [96]

Answer:

decrease; increase

Explanation:

Because of the invention of the new technology which is the invention of the cotton gin, the production of the cotton boomed. This also means that the production of the cotton rise which as a result, would make the supplies higher and due to higher supplies, there would be reduction in the price of the cotton. Since, mentioned all factors remain constant which means demand remain constant, so

The equilibrium price of the cotton would be expected to decrease and the equilibrium quantity of cotton would be expected to increase.

4 0

4 years ago

If there is an increase in demand for a good, what will most likely happen to the price and quantity of the good exchanged?

maxonik [38]

Answer:

demand curve shift right means price intersects lower and quantity is increased

Explanation:

price decrease, quantity increase

7 0

2 years ago

f a taxpayer sells property for cash, the amount realized consists of the net proceeds from the sale. For each of the following,

Gala2k [10]

Answer:

a. The property is sold on credit.

The amount realized is the cash received at the date of sale and the cash that will be received in future when the credit is settled.

b. A mortgage on the property is assumed by the buyer.

The amount realized increases because the seller will see their debt reduced and still receive cash from the buyer for the purchase of the property.

c. A mortgage on the property is assumed by the seller.

The amount realized decreases because the realized amount will have to be net of the mortgage that the seller now has to pay.

d. The buyer acquires the property subject to a mortgage of the seller.

Amount realized increases as the buyer will become the one making mortgage payments instead of the seller which effectively means that the seller gets the realized value net of debt.

e. Stock that has a basis to the purchaser of $6,000 and a fair market value of $10,000 is received by the seller as part of the consideration.

Realized value increases to $10,000 because that is the fair value of the stock when exchange for the property.

5 0

3 years ago

A local salesman receives a base salary of $675 monthly. If his total sales receipts for the month exceed $1950, he also receive

Degger [83]

Answer:

The $21,122 would he have to sell in a month if he wants to have a monthly income of $2400

Explanation:

In this question we assume the value which is shown below

Let us assume the amount which is sell be X

So, the equation would be

Commission × (Sale amount - sales amount) + Base salary = Monthly income

0.09 × (X - $1,950) + $675 = $2,400

0.09X - $176 + $675 = $2,400

0.09X = $2,400 + $176 - $675

0.09X = $1,901

So, X = $21,122.22

X = Sale amount = $21,122.22

7 0

3 years ago

Suppose apple trees generate a positive externality in production. if so, then

cupoosta [38]

the private market equilibrium results in a quantity that is less than the efficient quantity.

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4 years ago