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Yanka [14]
3 years ago
11

Suppose the government imposes a price ceiling above the equilibrium price of a given good. Which of the following is the most l

ikely result?
a) Some other rationing device will emerge to allocate the good among buyers.
b) Some buyers and sellers will be willing to risk breaking the law in order to exchange the goods.
c) No change will occur in the market.
d) There may be buyers who are willing to pay quite high prices so they can consume more than what they are consuming now.
e) a, b, and d
Business
1 answer:
VikaD [51]3 years ago
8 0

Answer:

c) No change will occur in the market.

Explanation:

The correct option is : (c) No change will occur in the market

Reason: A price ceiling above the equilibrium price is a non binding price ceiling and it does not affect the market. No change in supply or demand occurs.

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On January 1, 2014 the Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $30,000 and $500, respect
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Answer:

correct option is $750

Explanation:

solution

we know here that Net balance of opening accounts receivable is

Net balance of opening accounts receivable = $30000 - $500

Net balance of opening accounts receivable = $29500

and

Credit sales during the year is here $7500 0

and Cash payments received = 74550

so

uncollecectible account expenses = credit sales × % of sale uncollectible

so uncollecectible account expenses = $75000 × 1%

uncollecectible account expenses  = $750

so correct option is $750

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When you create an appointment schedule for the doctor, based on her preferences, you should _____. A. avoid scheduling appointm
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When you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.

<h3>What is an appointment?</h3>
  • A legal appointment is one in which the subject matter is of a legal character.
  • Meetings with attorneys, administrative hearings, interviews and/or interactions with police officers, and any type of appeal affecting housing, finances, or an individual's civil liberty are examples of these appointments.
<h3>Solution -</h3>

So when we create an appointment for the doctor, based on her preferences we should:
Avoid being too early or too late, we just have to be at the right time. So option (A) is correct.

We should always try to create appointments in blocks to make the appointment comfortable for both. So, option (B) is also correct.

Whenever we fix an appointment, we should always consider the travel time. So, option (C) is also correct.

Therefore, when you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.

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