1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kozerog [31]
3 years ago
15

From an Associated Press article on Venezuela dated January 22, 2008: "... troops are cracking down on the smuggling of food ...

the National Guard has seized about 750 tons of food ... [President] Hugo Chàvez ordered the military to keep people from smuggling scarce items like milk ... He's also threatened to seize farms and milk plants ..."
These actions were the result of a price ceiling on food. Which zone (represented by a letter) on the graph reflects this policy, and what does it create?


A. Letter A; supply exceeds demand, resulting in a surplus


B. Letter B; supply exceeds demand, resulting in a shortage


C. Letter C; demand exceeds supply, resulting in a shortage


D. Letter D; demand exceeds supply, resulting in a surplus

Business
1 answer:
Sunny_sXe [5.5K]3 years ago
5 0

Answer:

C. Letter C; demand exceeds supply, resulting in a shortage

Explanation:

I had put my answer as A on the test and got it wrong. But this is the correct answer C.

You might be interested in
Janet saw on the news where a family of seven children perished in a house fire—it was also revealed that the house did not cont
andreev551 [17]

Answer:

Proposition of Fact    

Explanation:

A proposition of fact is the argument that tries to convince the audience about a course of action which the argument maker desires everyone must accept. So in this scenario, Janet brings forward a solid argument which is supported by the accident outcome and this argument can be used to convince the audience.

5 0
2 years ago
Trade will take place: A. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer
Lubov Fominskaja [6]

Answer: (B.) <u><em>If the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

Explanation:

A producer will only sell goods and services if the consumer is willing to pay as much as the asking price. i.e. The price that the producer is asking. For this to happen the consumer's willingness to pay must be greater than the minimum price.

Therefore , the trade will take place if <u><em>the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

8 0
2 years ago
If you could make an online clothing business, what would be your mission and vission staement?
Papessa [141]

A mission statement defines the company vision and objectives.

A vision statement focuses more on the future goals and is usually longer than a mission statement because it covers things company purpose, goals, how it will be achieved, etc.

3 0
3 years ago
If a market is semistrong-form efficient, this implies that above-average returns cannot be achieved by analyzing publicly avail
Shkiper50 [21]

Answer:True

Explanation:

6 0
3 years ago
Building a new mall what will be the input, the conversion, and the output
myrzilka [38]
In building a new mall,

The input would be : Labor,  All materials needed in building a mall

Conversion :  Building process

Output : The actual mall itself

hope this helps
6 0
3 years ago
Other questions:
  • EDP is trying to decide between two different conveyor belt systems. System A costs $438,000, has a six-year life, and requires
    10·1 answer
  • Randy would like to set up a budget for a vacation he is taking next year. Which money management tool should Randy use?
    14·2 answers
  • Pizzicletta Pizza Shop purchased a stone pizza oven on January 1, 2018. The oven cost $50,000 and has an estimated salvage value
    6·1 answer
  • Explain the monopolist Describe and/or analyze graphically the firm’s profit-maximizing,Break-even, and shut-down conditions Des
    6·1 answer
  • Consider the following hypothetical transactions of the Balance of Payments of Country A: 1. Country A's firms export to Country
    8·1 answer
  • order for the auto parts shop is $80; the holding cost of carrying 1 unit is $1.2 per year. The shop has 360 working days per ye
    12·2 answers
  • A producer using very aggressive promotion to get final consumers to ask intermediaries for a new product has a(n) ________ poli
    6·1 answer
  • The MixingMixing Department of Fresh FoodsFresh Foods had 50 comma 00050,000 units to account for in OctoberOctober. Of the 50 c
    15·1 answer
  • Suppose you pay $50 to enter into a raffle with $1,000 prize. If you have a 3% chance of winning comma the expected value of you
    15·1 answer
  • Starting from a​ full-employment equilibrium, an increase in aggregate demand​ ______, and creates​ ______ gap.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!