Rent control is an example of a "price ceiling", it sets the price of rent "below" the equilibrium price and results in a "shortage" of apartments.
Answer is "D".
Rent control is a type of value control that confines the sum a property proprietor can charge for leasing a home or other land. Rent control goes about as a price ceiling by keeping rents either from being charged over a specific level or from expanding at a rate higher than a predetermined percentage.
Answer: The correct answer is choice b.
Explanation: Location is very important for businesses. Of the options presented, the only one that is incorrect is choice b - Once management is committed to a specific location, many costs become easy to reduce. This choice is incorrect. Even though management is committed to a location, it does not mean that it is easy to reduce costs. Even though they are committed to a location, it may be impossible to reduce costs.
I believe the answer is D. Bank
The answer is economic value added measure of divisional performance.
Performance appraisals tend to impact bonuses or pay raise that an individual will receive, and thus the best way to measure this would it on a division-level by evaluating the economic value that the division manages to give to the company. This would minimize short-term bias because it would look at the division’s performance for the whole year.
