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Svetradugi [14.3K]
3 years ago
12

Rent controls are a typical example of a price ceiling.

Business
1 answer:
vekshin13 years ago
8 0

Answer:

B. reductions in apartment quality

C. inefficient allocation of apartments

D. shortage of affordable housing

Explanation:

The rent control can be in terms of

B. Reductions in apartment quality  : The reductions in apartment quality could result in delayed in maintenance of the apartment or flat. The example painting, electricity, etc as there is reductions so the landlord cut the cost.

C. Inefficient allocation of apartments  :

Since the charge of the rent is gone down due to which it results into Inefficient allocation of apartments. Plus the old couple do not renting their apartment or flat because it is useful for them during holidays

D. Shortage of affordable housing

Since there is a shortage of affordable housing so the quantity demanded of the houses will go up and at the same time the rent is gone reduced

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Emily, while driving a car manufactured by Toyosan, suffered a side impact collision from another driver. Despite the fact that
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Toyosan's air bag was defective because it did not meet the expectations of a reasonable consumer.

Explanation:

Since the airbag was not as effective as it was expected by the customers, a suit against the car manufacturers from product liability may see the court conclude that the air bag was defective since it did not meet the expectations of a reasonable consumer which would have been protecting her head from hitting the steering wheel which still occured even tho the air bag was deployed.

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Identify which of the following would generate an increase in the market demand for tablet devices, which are a normal good.
seraphim [82]

Answer:

The correct answer is letter "D": An increase in the number of consumers in the market for tablet devices.

Explanation:

Several factors can make the quantity demanded of a product increase. Mainly, <em>when the price of that good or service decreases the quantity demanded increases</em> (demand theory). However, there are some other factors such as the increase of the same product consumers in the market, who will directly ask for the good or service.

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Andrew found a stone in his yard and took it to Brad, a jeweler, for evaluation. Although Brad knew what the stone was, he told
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Answer: c. can be voided based upon fraud in the inducement .

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The contract is therefore voidable because the Brad committed fraud by lying and obtaining the diamond at $50 under false pretenses. Andrew should therefore drag him to the Courts of law to face justice.

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2 years ago
A company has a beginning inventory of $ 20 comma 000 and purchases during the year of $ 130 comma 000. The beginning inventory
ollegr [7]

Answer:

$66,680

Explanation:

The computation of the cost pf goods sold is shown below:

= Number of units sold × average cost per unit

where,

Number of units sold equals to

= Beginning inventory units  + purchased units - ending inventory units units

= 3,000 units + 6,000 units - 5,000 units

= 4,000 units

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= (Beginning inventory + purchases) ÷ (Beginning inventory units + purchased units)

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So, the value would equal to

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= $66,680

7 0
2 years ago
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