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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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Alex777 [14]

Answer:

a.

<u>Differential analysis on whether to continue or discontinue Product Tango</u>

                                     Continue                Discontinue

Sales                            $195,200                       $0

Less Variable Costs :

Cost of Goods Sold    ($115,600)                       $0

Selling Expenses         ($33,000)                       $0

Less Fixed Costs :

Fixed Costs                  ($58,300)                 ($58,300)

Net Income/ (Loss)       ($12,300)                 ($58,300)

b

Continue with Product Tango. Because it brings a contribution towards the Fixed Costs helping to achieve a smaller loss margin.

Explanation:

From the differential analysis, Fixed costs will remain the same whether the product is discontinued or not. This is because they are centrally controlled. Only the variable costs would change.

3 0
3 years ago
For something to have value, it must _____________.
kompoz [17]
Have utility


This is the only logical answer. The rest are just material things like money, and style always is changing so you can’t put value on style.
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4 years ago
(Economics)How is the equilibrium price found using a supply and demand graph
ohaa [14]

On a graph, the point where the supply curve (S) and the demand curve (D) intersect is the equilibrium. ... At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.

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3 years ago
It's a good idea to call a day or two in advance to confirm your appointment.
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Answer:yes

Explanation:If you arent sure whether you are to attend the appointment the next day, you should call and confirm with whom ever you are being appointed to.

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Answer:

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Explanation:

In this specific scenario, the salesperson would be operating at a conventional level of moral development. This is the second level and is when the individual develops personal moral codes by internalizing the rules of adult role models. In this case, the individual would use their moral code in order to decide what is the correct/moral course of action to take with the stolen data.

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