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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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Briefly describe an experiment that would test the premack differential probability principle
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_____ asserted in an article in the Harvard Business Review that modern transportation and communications technologies are facil
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Answer:

Theodore Levitt

Explanation:

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3 years ago
On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid
almond37 [142]

Answer:

Debit interest receivable $1,500

Credit interest revenue $1,500

Explanation:

Adjust entries are used in accounting to record accrued revenue or expense at the end of an accounting period.

On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid on February 28, 2022.

We are to calculate the adjustment at December 31, 2021.

We need to calculate interest accrued at year end. The loan would have stayed for 10 months.

Interest= principal* rate* time

Interest= 20,000* 0.09* (10/12)

Interest = $1,500

So we will debit interest receivable for $1,500 and credit interest revenue.

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3 years ago
A firm just completed a new plant that will produce more than 500 different products, using more than 50 different production li
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You will do 500 divide by 50 that will get you 10. that means quantive production scheduling means they will have less.
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3 years ago
Dan sells newspapers. Dan says that a 8 percent increase in the price of a newspaper will decrease the quantity of newspapers de
ivann1987 [24]

Answer:

For Dan, the demand is price inelastic

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One of the factors tat affect the quantity demand for a product is the price of the product. According to the law of demand, at lower price more quantity of a product would be purchased than at a higer price, all other this being being equal.

Price elasticity of Demand (PED)

The extent to which a change in price will cause a change in the quantity demand for a product is called the price elasticity of demand. It measures the degree of responsiveness of quantity demand to a change in price.

It is calculated as

PED =% change in quantity demand / % change in price.

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For Dan, the demand is price inelastic

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