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gtnhenbr [62]
3 years ago
9

If a price ceiling is not binding, thena. the equilibrium price is above the price ceiling.b. the equilibrium price is below the

price ceiling.c. it has no legal enforcement mechanism.d. None of the above is correct because all price ceilings must be binding.
Business
1 answer:
IgorLugansk [536]3 years ago
5 0
B. The equilibrium price is below the price ceiling.
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What is the statement below an example of?
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"I am looking for a management position in a non-profit organization where I can apply my administrative and problem-solving skills to help protect the environment and endangered animal species."  C. Letter of interest

A letter of interest is also known as a letter of intent or a cover letter.  This type of letting outlines what type of job you are looking for and the experience you have that correlates.  A letter of interest is a more relaxed way to express your interest and skills compared with a resume.  Most employees require both a cover letter and a resume when applying for a position.

6 0
3 years ago
Read 2 more answers
Suppose that interest rates decrease. Holding everything else constant, determine what happens to aggregate demand and its compo
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Answer:

When interest rates decrease, It causes a ripple effect in the economy that stimulates growth and wealth creation. In the long run, it might cause inflation.

Explanation:

  • If interest rates decrease, consumption increases because there is more disposable income available in each household.
  • If interest rates decrease, investment increases since the cost of borrowing is cheaper.
  • If interest rates decrease, government spending decreases .
  • If interest rates decrease, the value of net exports increase because the economy us stimulated as a result of a business boom facilitated by low and affordable loans.
5 0
3 years ago
Should a local government be able to condemn property in order to sell it later to real estate developers for private use? Why o
ZanzabumX [31]
No,I don't think that the <span>government should be able to condemn property if what they plan to do is to sell it later for private use. This should apply to both the local and the national government. The government should only have the power to condemn property if some important need arises, such as security or infrastructure, and if the need is important for the functioning of a society. However, taking away someone's property to give it to someone else is not a good use of condemnation. </span>
4 0
3 years ago
The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $
WITCHER [35]

Answer:

($97,400)

Explanation:

The computation of net operating income (loss) is shown below:-

                                                   East                West

Sales                                                $595,000         0

Less: Variable Cost                         $216,000         0

Less: Traceable Fixed Cost            $156,000         0

Less: Allocated common                

corporate cost                                    $320,400

= $128,300 + $192,100                                             0

Net operating Income(loss)              ($97,400)     0

As per the given question it is mentioned that company have net operating income from East division = $94,700

3 0
3 years ago
What provides a visual path for the eye to follow, creating mor on in the design?
butalik [34]
Answer: Line
I believe is this correct im not 100% sure.
8 0
3 years ago
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