1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
s344n2d4d5 [400]
3 years ago
6

A rent ceiling set below the equilibrium rent

Business
1 answer:
Anna [14]3 years ago
4 0

A rent ceiling set below the equilibrium rent creates a situation in which the quantity demanded of housing is greater than quantity supplied.

<u>Option: C</u>

<u>Explanation:</u>

Rent limit is the highest price a property owner can demand for rent. Rent ceilings are typically fixed by legislation and limit how high the rent can be in a given area. Although, the amount of affordable housing is also reduced as a consequence of this rule, as tenants are not interested in renting out their properties at a cheap price.

Nevertheless, if the limit is placed underneath the level of equilibrium then a reduction of deadweight is produced. Many issues come in the form of illegal markets, scanning time and charges that aren't leased precisely like key money i.e. high initial cost for new keys.

You might be interested in
The tax treatment regarding the sale of existing assets that are sold for more than the book value but less than the original pu
8_murik_8 [283]

Answer:

capital gain tax liability

Explanation:

Capital gain tax is defined as the type of tax that is paid when the owner of an investment or asset makes a profit from its sale.

For example when the assets are sold for more than the book value but less than the original purchase price, there is a profit made that is called capital gain.

The tax applied to this capital gain is called capital gain tax liability.

6 0
3 years ago
ABC Corp., an issuer, is planning to implement an employee share purchase plan. Substantially all employee s that meet the limit
garri49 [273]

Answer:

The ABC Corporation is planning to implement an employee share purchase plan on the basis of the codification.

The codification that outlines that employees meeting the limited employment qualifications may participate on equitable basis is '718-50-25-1'.  

The codification '718-50-25' is named as 'Recognition' and the given point is mentioned in point 'b' of '718-50-25-1'.  

8 0
3 years ago
During each stage of a product's life cycle, the types and levels of sales, profits, and competition rise, peak, and eventually
Oliga [24]

Answer:

a

Explanation:

this is due to the initial uptake for the product . it levels to repeat customers but others drop off the sales due to other reasons

4 0
3 years ago
The Maryville Construction Company occupies 105,800 square feet for construction of mobile homes. There are two manufacturing de
madam [21]

Answer:

$404,800

Explanation:

Calculation to determine How much rent is allocable to the assembly department using the direct method of allocation

Using this formula

Rent =Area used by Assembly department / Total Area used by Manufacturing Departments x Total Rent paid

Let plug in the formula

Rent =36,850/ (36,850+30,150) x $736,000

Rent=36,850/67,000*$738,000

Rent=0.55*$736,000

Rent= $404,800

Therefore How much rent is allocable to the assembly department using the direct method of allocation is $404,800

4 0
3 years ago
What's the term for the illegal practice of nudging buyers away from or toward a specific area based on the presence or absence
worty [1.4K]

Answer: steering

Explanation:

Steering is an illegal practice whereby people that are looking for homes are channeled towards particular areas based on their social status or race.

In such scenarios, the choice of the person looking for a home is being influenced by the person's gender, color, race, status, religion, disability, or national origin.

5 0
3 years ago
Other questions:
  • As environmental conditions change what occurs
    8·1 answer
  • The market for carbon allowances
    5·1 answer
  • PLEASE HELP ME
    8·1 answer
  • Which of the following statements is false? A. Healing is one characteristic of a servant leader. B. Servant leaders place the g
    5·1 answer
  • Some investment opportunities that should be accepted from the viewpoint of the entire company may be rejected by a manager who
    13·1 answer
  • By improving the quality of goods and services produced, the ______ value of products and services is enhanced.
    6·1 answer
  • g Explain the traditional interest-rate channel for expansionary monetary policy. Explain how a tight monetary policy affects th
    11·1 answer
  • A(n) ___________________ is performed to identify the most serious risks, help you manage risks, and identify the best methods t
    13·1 answer
  • If Amazon enters the Japanese online market by translating its U.S. website into Japanese the company is using which internation
    9·1 answer
  • True or false: it is generally the case that indifference curves have the same shape across all consumers.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!