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
What is a common complaint about regulations pertaining to the establishment and operation of various businesses?
scoundrel [369]

Answer:

They are too restrictive in economic freedom

Explanation:

6 0
3 years ago
Read 2 more answers
What is the book of first entry​
taurus [48]

Answer:

Journals

Explanation:

“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"

3 0
3 years ago
The following information pertains to Rik Co.'s two employees: Name Weekly salary Number of weeks worked in 2005 Vacation rights
Lapatulllka [165]

Answer: $1600

Explanation:

From the information given, it can be noted that while Ryan is vested, on the other hand, Todd isn't vested.

Therefore, since the vacation is for two weeks, the amount of vacation expense and liability should be reported will be for Ryan alone and this will be:

= $800 × 2

= $1600

In this case, service has already been rendered ans there's accumulated rights, therefore a vacation expense and liability of $1600 should be reported.

8 0
3 years ago
Yakov orders 40 cases of mescal from a Mexican distributor at a price of $90 per case. 2. A U.S. company sells 200 spark plugs t
vlabodo [156]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
3 years ago
What term describes the relationship between the flow rate and the capacity of each labor resource that works in a process
maks197457 [2]

The reciprocals of one another is the term that describes the relationship between the flow rate and the capacity of each labor resource that works in a process.

<h3>What is a flow rate in production?</h3>

Its means the amount of flow units such as a customers, money, goods going through the business process per unit time.

Hence, the flow rate and capacity of each labor resource are reciprocal because they work together in a process unit.

Read more about flow rate

<em>brainly.com/question/24356835</em>

3 0
2 years ago
Other questions:
  • Why is a sales tax a regressive tax?
    5·1 answer
  • A production function for which proportional changes in all inputs leads to a more-than-proportional change in output is said to
    13·1 answer
  • Your payment of $123005.12 was received on June 3 2006 by our offices in Macon Georgia. Your payment of $123,005.12 was received
    11·1 answer
  • Cooper Company has a direct materials standard of 2 gallons of input at a cost of $12.50 per gallon. During July, Cooper Company
    7·1 answer
  • The combination of media, Internet, entertainment, and phone services into a single device illustrates the principal of
    7·1 answer
  • A five-year bond has a par value of 1000, a coupon of 3%, and a required yield of 5%. What should be the market price of this bo
    15·1 answer
  • The typical selection process has several well-structured steps. This process includes:
    9·1 answer
  • What are the main advantages of the d-step tuning of 2023 murano’s xtronic cvt?.
    5·1 answer
  • Kenda needs her manager to review the memo she wrote so that she can send it out to her clients before the end of the day. What'
    9·1 answer
  • the stock price jumps twice in a given year. if it jump up, it goes up by 10%, if it goes down, it goes down by 20%. the stock i
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!