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3 years ago

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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If the Fed increases ior enough, such that it will raise the intersection point with the vertical portion of reservesupply, th

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Answer: Increase

Explanation:

Based on the above scenario given in the question whereby when the Fed increases ior enough, such that it will raise the intersection point with the vertical portion of reservesupply, then the equilibrium fed funds rate will increase.

There'll be a rise in the equilibrium fed funds since the intersection point has been raised.

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3 years ago

Which of the following is NOT true about licensing? a. The license fee could be based on a percentage of final sales revenue of

nordsb [41]

Answer:

The option that is not true about licencing is E) It involves slightly more risk to the licensee than licensor.

Explanation:

Licensing is a business arrangement in which one company gives another company permission to manufacture its product for a specified payment. Licensing generally involves allowing another company to use patents, trademarks, copyrights, designs, and other intellectual in exchange for a percentage of revenue or a fee.

Usually, It is the licensor that that bears more risk. For instance, unscrupulous licensees have been known to manufacture licensed products and sell them under different brand names in order to tamper with the royalty payable to the licensor.

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3 years ago

The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue $ 210,000 Act

trapecia [35]

Answer:

Explanation:

The journal entry is shown below:

1. Under Actual costing:

Work in progress inventory Ac Dr $364,000

To Manufacturing overhead A/c $364,000

(Being manufacturing overhead is added to the work in progress inventory)

2. Under Normal costing,

First we have to compute the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= $336,000 ÷ 20,000 hours

= $16.8

Now we have to find the actual overhead which equal to

= Actual machine hours × predetermined overhead rate

= 11,000 hours × $16.8

= $184,800

Work in progress inventory Ac Dr $184,800

To Manufacturing overhead A/c $184,800

(Being manufacturing overhead is added to the work in progress inventory)

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3 years ago

Under the doctrine of strict liability, liability for injuries is imposed for reasons other than fault. a. True b. False

Alina [70]

Answer:

True

Explanation:

The doctrine of strict liability applies to tort law, and it states that the plaintiff doesn't have to prove that the defendant was negligent, intentional or at fault. All the plaintiff must prove is that the tort occurred, that he/she suffered because of it and that the defendant was responsible for the tort.

This doctrine generally applies to situations that are considered dangerous by nature, e.g. selling alcohol to minor or ownership of wild animals.

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3 years ago

he following information was taken from the 2018 financial statements of Jenny Gardner Corporation: Inventory, January 1, 2018 $

Volgvan

Answer:

$770,000

Explanation:

Purchase = Ending inventory +Cost of goods sold- Beginning inventory Purchased

= $240,000+$800,000-$180,000= $860,000

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= $150,000+$860,000-$240,000 =

$770,000

Therefore the amount that Jenny Gardner should report as cash payments to suppliers is $770,000

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3 years ago