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3 years ago

A price imposed by the government below an equilibrium price is called a ____

Business

1 answer:

ehidna [41]3 years ago

6 0

Answer:

Price ceiling

Explanation:

When the government imposed a price ceiling in a market of goods which means that price set by the government lies below the equilibrium price of an economy. Price ceiling results in a higher demand for the goods because people wants to buy more quantity of goods at a lower price. But supplier of the goods wants to reduce supply as it will become less profitable for the producers to sell the product at a lower price.

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You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with 2 risky securities, X

Leokris [45]

Answer:

% in T bills = 18.92%, % in P = 81.08%

Explanation:

Portfolio return = Weighted average return

Return of portfolio P = 0.14*0.6 + 0.10*0.4

Return of portfolio P = 0.124

Let % money in T bills be x

0.11 = 0.05*x + 0.124*(1-x)

0.11 = 0.05x + 0.124 - 0.124x

0.014 = 0.074x

x = 18.92%

Hence, % in T bills = 18.92%, % in P = 81.08%

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3 years ago

Suppose the benefit of owning a painting, in terms of your personal enjoyment, is worth 5% of the value of the painting. If the

Julli [10]

Answer:

Explanation:

It would grow by 7% each year which is the rate of return on stocks

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3 years ago

Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill

Sonja [21]

Answer:

3200

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

Market share = sales of a firm / total sales of firms in the industry

total sales of firms in the industry = 5 + 2 + 1 + 1 + 1 = 10

Market share of firm A = (5/10) x 100 = 50%

Market share of firm B = (2/10) x 100 = 20%

Market share of firm C, D, E = (1/10) x 100 = 10%

50² + 20² + 10² + 10² + 10² = 3200

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3 years ago

The purpose of the ________ of performance appraisal is to keep managers from being excessively lenient and having a disproporti

Kitty [74]

Answer: forced distribution method

Explanation:

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3 years ago

The First Chance Casino has gambling facilities, a bar, a restaurant, and a hotel. All employees are allowed to obtain food from

jenyasd209 [6]

Answer:

D) All of the employees may exclude the value of the meals from gross income.

Explanation:

Meals provided at the workplace (in this case the casino) by the employer are nontaxable fringe benefits. This means that the employees are not required to include them as part of their gross income.

Also, if the providing the meals benefits the employer, they can deduct 50% of the cost.

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3 years ago