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gayaneshka [121]
3 years ago
13

The government has set a price floor on bread. Manufacturers can’t sell loaves for less than $5.00, which is a dollar above the

market price. What will most likely result from the price control?A. The quantity demanded for bread will decrease, and the quantity supplied will increaseB. The quantity demand and quantity supplied for bread will increaseC. The quantity demand for bread will increase, and the quantity supplied will decreaseD. The quantity demand and quantity supplied for bread will decrease
Business
1 answer:
Aleonysh [2.5K]3 years ago
6 0

Answer:

A. The quantity demanded for bread will decrease , quantity supplied will increase

Explanation:

PRICE FLOOR is the minimum mandated price set by government , usually above equilibrium price , to ensure producers' protection (if market price is perceived to be low) . EG : Minimum Support Price for agricultural products to protect farmers .

However at this raised price : There is Excess Supply , as Quantity Supplied increases with price increase (law of supply - price & supply direct relationship) , Quantity Demanded falls (law of demand - price & demand inverse relationship)  

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Tangshan Mining​ Company, with a cost of capital of 10​ percent, is considering investing in project​ A, with an initial investm
alexdok [17]

Answer:

the breakeven cash inflow for the project is $131474

Explanation:

given data

cost of capital = 10​ percent

initial investment =​ $1,000,000

useful life = 15 year

to find out

the breakeven cash inflow for the project

solution

first we consider here annual cash inflows that is =  x

now break even point is the one at which the net present value of the project  =  0

so we can say that here  

Present value of cash inflows - Present value of cash outflows = 0   .................1

here we know Present value of cash inflows = x  × PVAF ( 10%,15 years)

Present value of cash inflows = x  ×  7.6060

put value in equation 1 we get

x  ×  7.6060 - $1,000,000  = 0

solve and we get x

x = \frac{1,000,000}{7.6060}

x = $131474

so the breakeven cash inflow for the project is $131474

7 0
4 years ago
An MNC issues ten-year bonds denominated in 500,000 Philippines pesos (PHP) at par. The bonds have a coupon rate of 15 percent.
skelet666 [1.2K]

Answer:

Option (b) 15.0 percent

Explanation:

Data provided in the question:

Value of the bonds issued in  Philippines pesos (PHP) at par = 500,000

Coupon rate = 15 percent

Now,

In the given question the bonds are issued at par.

Also, over the life of the bonds the exchange rate remains stable and until maturity the bonds are held

Therefore,

the financing cost will be equal to the coupon rate of the bond. i.e 15%

Hence,

Option (b) 15.0 percent

6 0
3 years ago
Why is Feeney called a hero/saint?
Deffense [45]

Answer:

In 1982, he decided he would commit to giving away his billions during his lifetime. He is broke now. Gave away and donated over $8million. His motto was "giving while living "

Explanation:

5 0
3 years ago
Quartz Instruments had retained earnings of $145,000 at December 31, 2017. Net income for 2018 was $90,000, and dividends for 20
BigorU [14]

Answer:

(B) $205,000

Explanation:

Retained  earnings at December 31, were $145.000, with the Net Income for 2018 of $90.000 the total amount of Retained earnings up to $235.000, but as the company has paid dividends for $30.000, it means a cash out of $30.000.

So the new balance in the Retained Earnings Account it's $205.000

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3 years ago
The _____ approach to systems development is a group-based tool for collecting user requirements.
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