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3 years ago

Price controls will tend to cause misallocation of resources because

1 answer:

4 0

Price controls will tend to cause mis-allocation of resources because the cost of production (or opportunity) does not match market prices any more.

<u>Explanation:</u>

Price controls can be as high and low prices as possible. You can control demand and balance the market whether above or below it:

Higher prices may reduce food costs and make it easy to buy, but the downside of high prices can lead to a decline in supply and a shortage.
The recipients of prices may increase the minimum prices..
In farming, they were used to increase farmers' incomes. Minimum prices however lead to surplus supplies, which mean the government must buy surpluses.

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Although the perpetual inventory system updates accounting records after each sale, a physical count is necessary at year-end to

vivado [14]

Answer:

customer theft; spoilage.

Explanation:

A perpetual inventory system is a type of inventory management that continuously records in real-time the amount of inventory sold or purchased through the use of enterprise software or technological software applications such as a point of sale (POS).

Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made or happening. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, customer theft, etc.

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3 years ago

What are the benefits of traditional Technology

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Explanation:

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3 years ago

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3 years ago

You have just completed the appraisal of an office building and have concluded that the market value of the property is $2,500,0

Hunter-Best [27]

Answer:

The implied going-in capitalization rate is 0.10155 = 10.155%

Explanation:

Given:

Potential Gross Income (PGI) = $450,000

The vacancy and collection losses is 9% of PGI = 9/100 × $450,000 = $40500

Acquisition price = $2,500,000

To calculate the Effective gross income (EGI), we use the formula:

Effective gross income (EGI) = Potential Gross Income (PGI) - vacancy and collection losses

∴ Effective gross income (EGI) = $450000 - $40500 = $409500.

Also to calculate the Net operating income (NOI), we use the equation:

Net operating income (NOI) = Effective gross income (EGI) - Operating expenses (OE)

But Operating expenses (OE) is 38% of Effective Gross Income (AGI)

∴ Operating expenses (OE) = 38/100 × $409500 = $155610

Net operating income (NOI) = $409500 - $155610 = $253890

The overall capitalization rate(R₀) = (Net operating income (NOI)) ÷ (Acquisition price)

R₀ = $253890 ÷ $2500000 = 0.10155 = 10.155%

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It is important to diversify your investments

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The answer is maybe c

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