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patriot [66]
3 years ago
10

Suppose that the city of Rentville sets a price ceiling of $800 a month on all apartments, although the market equilibrium rent

is $1,000. Which of the following is least likely to occur? a) An increase in the quantity of existing apartments in Rentville. b) A decrease in new apartments being built in Rentville. c) A shortage of apartments in Rentville. d) An excess of quantity demanded over quantity supplied in the market for apartments.
Business
1 answer:
elixir [45]3 years ago
4 0

Answer: a) An increase in the quantity of existing apartments in Rentville

Explanation:

A price ceiling is the maximum price that a good or service can be sold.

The price ceiling ( $800) is less than the equilibrium rent ($1000). This would lead to a reduction in supply of houses and an increase in demand.

When demand outstrips supply, shortages occur.

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A mission statement should include the following​ components: A. ​Customers, products/services,​ markets, and competitors B. ​Su
ivanzaharov [21]

Answer:

The correct answer is (a)

Explanation:

A mission statement is an important factor which helps a company to attract customers and show them why their company is different and competitive. A mission statement should include a description of product and services, and it should depict the importance of customers. It should also include little information regarding the competitors. Mission statement is the first thing customers notice when they visit a website.

3 0
3 years ago
Which of the following provides a consumer with the deepest comprehension and the greatest chance of accurate recall? a. Spreadi
horrorfan [7]

Answer:

Personal elaboration

Explanation:

Personal elaboration is the simplest and important form of recall memory. In this process, the consumer can recall the deepest comprehension and then there is the greatest chance to recall accurately.  

Different strategies play a great part in this process.

  • To describe the place in details
  • Use very specific words
  • Show taste, smell, feeling, smell.
  • To show the comparison between two similar things
  • To use the exact words from another person
  • To describe something movement about objects
  • Show the feeling that how something has happened  
3 0
3 years ago
Which is not an example of a risk management strategy?.
OlgaM077 [116]

Buying a new car is not an example of a risk management strategy.

<h3>What do you mean by risk management strategy?</h3>

A risk management strategy is a systematic and consistent approach to identifying, assessing, and managing risk.

Travel insurance is an example of this. We do not accept the risks of a lost suitcase or an accident abroad, as well as the associated costs; instead, we pay a travel insurance company, so that they bear the financial consequences.

Thus, Buying a new car is not an example of a risk management strategy.

learn more about risk management strategy refer:

brainly.com/question/14455706

#SPJ1

8 0
2 years ago
If the market price of each camera case is $8 what is the profit-maximizing quantity? 300 units 400 units 500 units 600 units
Serjik [45]

Profit will be maximum for the firm where marginal revenue = marginal cost.

Since, the market price is fixed at $8 and therefore each additional unit of camera will be sold at $8.
Hence, marginal revenue = $8.

From the table, it is clear that cameras are manufactured in batches of 100.

Marginal cost is the cost incurred to produce one additional unit of camera. It will be calculated by taking the difference of successive variable costs (or total costs) divided by 100.

To produce 400th unit, marginal cost = (2760 - 1960)/100 = $8

Hence, profit maximising quantity isB. 400 (MR = MC)

3 0
3 years ago
The current price of Janco stock is $16.77. Dividends are expected to grow at 4.4% indefinitely and the most recent dividend pai
SIZIF [17.4K]

Answer:

Required return= 28.87%

Dividend yield= 24.4658%

Capital gains yield= 4.4%

Explanation:

Required return=(D1/Current price)+Growth rate

=(3.93*1.044)/16.77+0.044

=28.8658%(or 0.2887 approx)

Dividend yield=Dividend for next period/Current price

=(3.93*1.044)/16.77

=24.4658%(or 0.2447 approx)

Capital gains yield=Growth Rate

=4.4%(or 0.044)

5 0
3 years ago
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