Answer:
1. False
2. Shortage; Larger
Explanation:
1. A binding price ceiling is one that prevents the market from reaching its equilibrium. In this market, the equilibrium price is $25 therefore anything below $25 will be binding. A price ceiling below $25 per box is a binding ceiling.
2<em>. Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a </em><em><u>shortage</u></em><em> that is </em><em><u>larger</u></em><em> in the long run than in the short run.</em>
In the long run, supply is more sensitive because farmers can decide to plant oranges on their land, to plant something else, or to sell their land altogether.
This means that a price ceiling in the long run will be less attractive to farmers so they might leave the market. If they do this then the shortage will be more as there are now less supplies in the market.
Answer:
A, it is prohibited
Explanation:
Under the U.S GAAP, subsequent reversal of a previously recognised intangible asset impairment loss is prohibited with the exception that the intangible asset is held up for the purpose of sale.
Cheers.
Answer:
$111,900
Explanation:
The computation of the Insurance expense for 2018 would be
= Opening Balance in prepaid insurance for the year 2018 + insurance paid - ending balance in prepaid insurance account
= $61,400 + $99,000 - $48,500
= $111,900
To find out the insurance expense basically we added the insurance paid and deduct the ending balance of prepaid insurance to the opening balance of prepaid insurance
Cause: human capital investment, physical capital investment
Effects: improvement in living standards, social and community development
<h3>What does Economic growth indicate?</h3>
Economic growth rates indicate how quickly the economy is expanding and are calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two successive periods.
<h3>What are the effects of Economic growth?</h3>
- A greater variety of goods and services are now available and ready for consumption in the country.
- High employment levels are required because workers are required to manufacture such a large quantity of goods and services. Employment figures have risen in tandem with GDP growth.
- More employment boosts aggregate demand and generates additional growth as businesses continue to try to meet all demand.
- As demand rises, prices are likely to rise as well, so economic growth would raise the inflation rate.
- Increased productivity and the adoption of new technologies ma
To learn more about Gross Domestic Product or GDP from the given link
brainly.com/question/3200071
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The answer is <u>"A. Mutual funds".</u>
A mutual fund is a professionally overseen investment support that pools cash from numerous speculators to buy securities. These speculators might be retail or institutional in nature.
Mutual funds have points of interest and drawbacks contrasted with direct putting resources into individual securities. The essential favorable circumstances of mutual funds are that they give economies of scale, a larger amount of broadening, they give liquidity, and they are overseen by expert financial specialists. On the negative side, financial specialists in a mutual funds must pay different charges and costs.
