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34kurt
4 years ago
7

Suppose the government has imposed a price ceiling on sliced sandwich bread. Which of the following events could transform the p

rice ceiling from one that is binding to one that is not binding?a.A decrease in the price of lunch meat.b.An decrease in the price of peanut butter and jelly.c.A decrease in the price of unsliced bread, which people consider a substitute for sliced bread.d.An increase in the price of flour, which is used to make bread.
Business
1 answer:
oksano4ka [1.4K]4 years ago
5 0

Answer:

A decrease in the price of unsliced bread, which people consider a substitute for sliced bread.

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When production reflects consumer​ preferences, __________ occurs?
anzhelika [568]
<span>When production reflects consumer​ preferences, "a</span>llocative efficiency" occurs.

Allocative efficiency is a condition of the economy in which production shows customer inclinations; specifically, every good or services is delivered up to the point where the last unit gives a marginal advantage to buyers equivalent to the minor cost of production. 
7 0
4 years ago
Felipe purchases a plot of land that is owned by Ron. After he purchases the property, Felipe discovers that the land contains v
Ksivusya [100]

Answer:

The correct answer is letter "A": Felipe is the owner of the deposits because they became his personal property upon quarry.

Explanation:

In real estate, the chain of title is the document where all the legal owners of a property are registered. This document also includes information if there are minerals below the surface and to whom they belong in case of the purchase of the property. If in the sale contract that information is not specified and there is no clause denying the ownership of minerals to the buyer if found any, the seller is not necessarily the owner of those minerals.

Therefore, if the purchaser quarries minerals found below the surface of property bought, the minerals would belong to the purchaser upon extraction since they became personal property.

6 0
4 years ago
In your initial post, you are to write to either the President (on fiscal policy) or to the Chair of the Federal Reserve (on mon
german

Answer:

The existing state of American economy must be declared earlier respondent the interrogation.

The U.S. financial position is vigorous in 2017.The value rate is in its perfect vary i.e., 2.4 (2-3%).Joblessness is at its ordinary proportion and there isn't an excessive amount of rise or decrease. Conversely, the value is predicted to descent to a pair of 2.1% in 2018 and 2.0 in 2019. Drop in value would cause decrease in GDP and growth in state.

To avoid this drop I will be able to inscribe to manager of Federal Reserve Bank to cut back the rate (expansionary financial policy).Federal reserve will try this by shopping for bonds. Once Federal Reserve purchases bonds the money offer increases and rate decreases. As rate decreases mixture demand and financial gain increases. With escalation in financial gain and mixture demand the value wouldn't decrease in 2018 and 2019.

I would not recommend an expansionary economic policy as a result of it increases the rate yet and thus results in situation out.

6 0
3 years ago
What term means managing the entire organization so that it excels on all dimensions of products and services that are important
Tasya [4]

Answer:

Total Quality Management

Explanation:

Total Quality Management is an approach in which all the employees of the company work to improve the entire process to offer a good customer experience. According to this, the answer is that the term that means managing the entire organization so that it excels on all dimensions of products and services that are important to customers is Total Quality Management.

8 0
3 years ago
Betsy Parker wants to buy a house in next 10 years and decides to have a SMART goal of having $40,000 as down payment. With the
never [62]

Answer:

$24,556.53

Explanation:

We are to find the present value

PV = FV x (1 + r) ^-n

FV = Future value  

PV = Present value  

R = interest rate  

N = number of years  

$40,000 x(1.05)^-10 = $24,556.53

8 0
3 years ago
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