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Sergio039 [100]
3 years ago
11

Why does a govemment place price ceilings on some "essential" goods?

Business
2 answers:
Maru [420]3 years ago
8 0
To limit the impact of equilibrium pricing
Alika [10]3 years ago
6 0

Answer:

To keep goods from becoming too expensive

Explanation:

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Thad Joslin was judged at fault in an automobile accident. Three others were awarded damages of $147,000, $79,000, and $74,000.
OverLord2011 [107]

Answer:

The amount that would not be covered by Thad Joslin insurance is $50,000

Explanation:

Thad has a 100/300 bodily injury liability coverage, this implies that he has a coverage of $100,000 bodily injury liability insurance per person and $300,000 total bodily injury liability insurance per accident. However, his insurance policy does not make provision for or cover the $50,000 property damage liability per accident. Therefore, Thad Joslin would have to pay for it.

8 0
3 years ago
Buster Evans is considering investing $20,000 in a project with the following annual cash revenues and expenses: Cash Cash Reven
Lady bird [3.3K]

Answer:

Accounting rate of return= 20%

Explanation:

<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.  </em>

<em>The simple rate of return can be calculated using the two formula below:  </em>

Accounting rate of return  

= Annual operating income/Average investment × 100  

Average investment = (Initial cost + scrap value)/2  

Average profit = Total profit over investment period / Number of years

Total revenue = 8000+12000+ 15000 + 20,000+ 20,000 = 75000

Total expenses= 8000 + 8000 + 9000 +10,000 + 10,000 = 45000

Cash profit = 75,000 - 45,000 = 30,000

Depreciation = 4000× 5 = 20,000

Accounting profit = Cash profit - Depreciation = 30,000- 20,000 = 10,000

Average profit = 10,000/5 = 2,000

Accounting rate of return = 2,000/20000× 100 = 20%

Accounting rate of return= 20%

6 0
3 years ago
A ______________ merger unites firms at different stages of related businesses.
Salsk061 [2.6K]
Vertical merger is the joining of two companies involved in different stages of related businesses.
5 0
3 years ago
Which Internet technology allows businesses to make presentations and share visual aids such as charts and graphs?
Triss [41]

Answer:

c

Explanation:

3 0
3 years ago
Read 2 more answers
A primary difference between macroeconomics and microeconomics is
sleet_krkn [62]

'Micro is the study of individuals and business decisions while macroeconomics while macro studies the decisions of the governments and countries.'

Microeconomics examines individual markets while macroeconomics examines the economy.

6 0
2 years ago
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