Answer:
The number of firms selling laptop computers decreases
Explanation:
Price ceiling is the legal maximum price for a good or service. It is a government imposed price control mechanism put in place to limit how high the price for a product, services or commodities can be.
Government out this in place so as to protect the consumers by ensuring commodities prices don not become expensively high or conditions that might warrant commodities to be expensive.
In the instance above, since the government have placed a price ceiling on sales of laptop computers, the factor/event that would make the market change from price ceiling that is not binding to one that is binding is if the number of firms selling laptop decreases, this would result that the price ceiling not initially having effect on the market price to do have effects on the market prices as the required price set for the sales of laptop will be at price below equilibrium and bind on the remaining number of sellers of laptops in the market. It will mean that the remaining firms selling laptop will not be able to satisfy the market and demand for laptop because the price has been artificially set low by the government.
Superior efficiency, quality, innovation, and responsiveness to customers are the four building blocks of competitive advantage.
<h3>What is competitive advantage?</h3>
This is the term that is used to refer to the advantage that people would have over their rivals in a given economy. This tells us of the way that the person would be able to provide the services and the goods that their consumers needs in a way that the consumers would have preference for them.
Hence we can say that the Superior efficiency, quality, innovation, and responsiveness to customers are the four building blocks of competitive advantage.
Read more on competitive advantage here: brainly.com/question/14030554
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<span>A company facing a simple environment would not thrive. A simple environment would not pose any competition at all for the employees to step up their game and bring out the best in them. Competition is not part of a simple environment but on a complex level.</span>
Answer:
Kipp would NOT deduct any losses from the the partnership assuming he owns no other investments and does not participate in the partnership's operations
Explanation:
Kipp would not deduct any losses from the the partnership assuming he owns no other investments and does not participate in the partnership's operations because NO losses are deductible in either of the year due to the fact that activity is passive and he owns no passive income- producing investments because had it been the passive loss rules not applied, the at-risk rules would have limited the deduction to $65,000 over the two-year period.
A because it helps you without getting loans
