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Dmitry_Shevchenko [17]
4 years ago
6

The corporation became a popular form of business organization during the post-Civil War period because it

Advanced Placement (AP)
1 answer:
Viktor [21]4 years ago
5 0
The correct answer for the question that is being presented above is this one: "a. enabled corporate executives to supervise daily business activities more closely." The corporation became a popular form of business organization during the post-Civil War period because it <span>enabled corporate executives to supervise daily business activities more closely.</span>
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If you are paid according to a rate of $15 per hour, what is your type of payment?
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How many hours is it because if it’s $15 dollars an hours how much hours is it
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Pretend you have two boxes full of sand suspended from either side of a pulley. The boxes weigh the same amount. How much force
MrRa [10]

Answer:

B. Both boxes should have an equal amount of force.

Explanation:

For a system to be in equilibrium,all forces must be equal yo each other that is, able to cancel out each other.

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Which of the following will occur if the government institutes an effective price ceiling on bottled drinks?
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The question asks which of the following, but there are no choices. I don't know if it is supposed to be answered in context to a specific situation, so I'll just explain what happens with price ceilings in general.

Assuming the government sets the ceiling below the equilibrium price (where supply and demand cross), demand will be higher while supply will be lower. This is due to the fact that consumers want to buy more since the drinks are cheaper, and producers want to produce fewer bottles since they are not making as much money. This creates a shortage.

The new quantity supplied will be where the supply curve crosses the horizontal price ceiling line, and the new quantity demanded will be where the demand curve crosses the price ceiling.

If we were to draw the graph of supply and demand, the area to the left of the equilibrium point and between the supply and demand curves represents total surplus. The area above the equilibrium price (NOT the price ceiling) and below demand is consumer surplus because there is extra value that consumers are willing to pay, however they don't have to because the price is lower. The area below the equilibrium price and above supply is producer surplus because The price is higher than the minimum value the producer has for the product.

That being said, with a price ceiling in place, the new price is lower and the quantity supplied is less. That means that there is less total surplus. This results in deadweight loss.
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