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s344n2d4d5 [400]
4 years ago
6

A rent ceiling set below the equilibrium rent

Business
1 answer:
Anna [14]4 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.

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rural places have over 85% of the l,669 federally designated mental health professional shortage areas.

Explanation:

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The meaning of the word franchise
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Read 2 more answers
Brief Exercise 26-4 Manson Industries incurs unit costs of $7 ($5 variable and $2 fixed) in making an assembly part for its fini
mr_godi [17]

Answer:

differential loss for 14,700

Explanation:

\left[\begin{array}{cccc}&$Make&$Buy&$Differential&\\$Variable Cost&-73,500&-88,200&-14,700&\\$Fixed cost&-29,400&-29,400&0&\\$Total&-102,900&-117,600&-14,700&\\\end{array}\right]

We multiply the variable copst per unit by the 14,7000 units

then we add the fixed cost for the total cost for the make option

Then, we multiply the 14,700 by 6 for the buy option and add the unavoidable fixed cost.

In this case, it is not convinient to buy the assembly part as it would incour in a differential loss for 14,700

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3 years ago
A _____ is a report based on research of compensation rates for workers performing similar jobs in other organizations.
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2 years ago
financial accounting focuses on the needs of external users, who get accounting information from general-purpose financial state
Anit [1.1K]

It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.

<h3>Who are external users of financial accounting?</h3>

An investors is the most common external users of financial statements because they make and assess their investment decisions by using relevant financial information in a company's financial statements

But external users of financial accounting such as shareholders, boards also uses the financial accounting, therefore, It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.

Read more about financial accounting

brainly.com/question/17401239

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2 years ago
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