Answer:
The correct answer is option a.
Explanation:
A price ceiling is an upper limit on the price that could be charged for a product. It is generally imposed to protect consumers and to make necessary items affordable for the people.
A price ceiling below the equilibrium price is called a binding price ceiling. It creates a shortage in the market as at lower prices the consumers will demand more of a commodity but the suppliers will supply less.
Because of the law of demand and law of supply, the quantity demanded will be greater than the quantity supplied at a price that is fixed below the equilibrium price.
Answer choice C. is the best one
Answer:
$1.2
Explanation:
Predetermined overhead rate is the rate that is used to apply estimated overhead to job orders or products.
The predetermined overhead rate for 2020 is calculated as ;
= Estimated total manufacturing overhead costs / Estimated Direct labor cost
= $882,000 / $735,000
= $1.2
Therefore, the predetermined overhead rate for 2020 is $1.2
Answer:
According to my point of view whenever the employees or any individual who are aware about their money and where their money is being invested to generate more returns. More over if the investments are at high risk for them it is obvious that they should definitely take responsibility for their own investments.
Answer:
sorry I don't have one! T~T
Explanation:
