Answer:
A. Will be the nine month period between August 15 and May 15; any time period longer than this will be long run for her.
Answer:
Price Floor led Excess Supply can be solved by : Preserving goods Buffer Stock ; or processing goods to increase their shelf life (in case of perishable goods like Milk)
Explanation:
Unregulated markets are at equilibrium where : market demand , market supply are equal ; and downward sloping demand curve , upward sloping supply curve intersect.
Price Floor is minimum mandated price set by government, below which a good can't be sold in the market. It is usually set above equilibrium price, to protect interest of sellers. Example : Minimum Support Price as minimum agricultural goods price to protect interest of farmers, Given Milk Price floor case.
Price Floor creates artificially higher prices ; so increases supply, decreases supply & hence creates Excess Supply. Government can solve this excess supply by preserving stock supply for contingent times , eg - maintaining buffer stock. If the good is of perishable nature, as given milk case : it should be processed further to increase its shelf life, eg - cheese, such that the stock supply can be released at a slower pace.
Answer:
ROA = 0.12
so correct option is d
Explanation:
Given data:
total revenue = $5,000,000
Expenses = $3,500,000
Total assets = $12,500,000
Rate on assets (ROA) is calculated as
Net income = total revenue - expenses
Net income = $5,000,000 - 3,500,000
So,
ROA = 0.12
so correct option is d
<span>Opponents of rent control believe that it causes housing shortages. The correct option among all the options that are given in the question is the fourth option or the last option. The other choices can be easily neglected. I hope that this is the answer that you were looking for and the answer has come to your help.</span>
