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krek1111 [17]
3 years ago
8

A price ceiling set at a. $16 will be binding and will result in a shortage of 4 units. b. $6 will be binding and will result in

a shortage of 10 units. c. $6 will be binding and will result in a shortage of 6 units. d. $16 will be binding and will result in a shortage of 10 units.

Business
1 answer:
serg [7]3 years ago
4 0

Answer:

A price ceiling set at $6 will be binding and will result in a shortage of 8 units.

Explanation:

In order for a price ceiling to be binding, it must be set below the equilibrium price level. In this case, $6 is below the equilibrium price of $10. It will produce a shortage of 8 units because the quantity supplied by producers will be only 6 units, while the quantity demanded by consumers will be 14 units.

Binding price ceilings always produce a deadweight loss which is represented by the area between the demand curve and the supply curve left to the equilibrium price.

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At the recent school board​ meeting, five individuals spoke on both the merits and problems with​ full-day kindergarten as compa
saul85 [17]

Answer:

defensive listening

Explanation:

Defensive listening happens when an individual hears an apparently innocent commentary and takes it as a personal attack against himself/herself or their beliefs. Many times defense listening is caused because the individual constantly believes that other people are judging them or their ideas.

In this case, Corrine was offended by a commentary that was not intended to be a personal attack, but rather an opinion on a specific topic. Probably Corrine feels strongly against the idea of full-day kindergarten and that is why she felt attacked by a different opinion.

4 0
3 years ago
Shasta Company is trying to decide whether to continue to manufacture a particular component or to buy the component from an out
Dafna11 [192]

Answer:

D

Explanation:

Unavoidable fixed manufacturing cost is irrelevant as to Shasta Company’s decision to Make or Buy that particular component. It is because, either of their decision, said expense will still incur and it is still form part of their expenses. The only things that will matter to their decision making if that certain expenses will cause changes (decrease in particular) of the potential cost to be incurred by the company that will result to increment their income.

8 0
3 years ago
Losses in asset values due to adverse changes in interest rates are borne initially by the
abruzzese [7]

Losses in asset values due to adverse changes in interest rates are borne initially by the equity holders

<h3>Who are the equity holders?</h3>

Equity holders are individual that owns a particular asset that has liabilities attached to them

Equity is expressed as difference between liabilities and assets of a business.

Hence we can conclude that losses in asset values due to adverse changes in interest rates are borne initially by the equity holders

Learn more on equity holders here: brainly.com/question/25847981

#SPJ12

8 0
2 years ago
Different investments have different levels of ___________ (savings, risk, or interest) and offer different rates of return. For
fiasKO [112]
I the second one is more risky I'm not really that good at business
5 0
3 years ago
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Amy’s goes beyond the minimum requirements set by the Food and Drug Administration; they have personal responsibility for ethica
gregori [183]

Going beyond the minimum requirements set by the Food and Drug Administration; they have personal responsibility for ethical behavior.This is most closely relates to the business ethics programs.

<u>Explanation:</u>

  • Business ethics is said to be art and science which helps in maintaining a harmonious relationship with the society and the business conduct of social responsibility.
  • These business ideas generally emphasize general business ideas to business behavior.  
  • It is applicable to all business conduct and to the entire organization along with the individual's conduct.
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3 years ago
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