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ivann1987 [24]
3 years ago
7

A price ceiling usually results in a:_________.

Business
1 answer:
zimovet [89]3 years ago
5 0

Answer:

D

A price ceiling usually results in shortage and a misallocation of resources.

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The net decrease in Prepaid Expenses (Prepaid) amounts to $30,000 and the net decrease in Accounts Payable (AP) is $20,000. Assu
tester [92]

Answer:

Net decrease in prepaid expenses of $30,000 will be added to the net income in adjustments to net income because it will be considered that working capital (inventory or any other expense) has been generated by the operations.

Net decrease in Accounts payable of $20,000 will be deducted from net income in adjustments to net income because decrease in accounts payable means that cash has been paid to the outstanding payables.

Net effect of the above transactions is $30,000 - $20,000 = $10,000

So, net income will be increased by $10,000 as net effect of the above adjustments.

7 0
3 years ago
One of the potential benefits of ____________ from the company's perspective is that customers will be buying a larger range of
Neporo4naja [7]

Answer:

a. price bundling

Explanation:

Price bundling in business can be defined as a strategic process which typically involves the combination of several goods and services into a single unit for a relatively lower price or cost.

One of the potential benefits of price bundling from the company's perspective is that customers will be buying a larger range of services or products from the company than they otherwise might have.

8 0
3 years ago
Explain the nature of economic theory
kkurt [141]

Answer:

please give me brainlist and follow

Explanation:

Nature of Economic Theory: Economic theory involves generalisations which are statements of general tendencies or uniformities of relationships among various elements of economic phenomena. A generalisation is the establishment of a general truth on the basis of particular experiences.

7 0
3 years ago
Which of the following is in a country's best interests, according to the main tenet of mercantilism? A. importing products from
Lisa [10]

Answer:

A) importing products from developing rather than developed countries

Explanation:

Mercantilism asserts that countries should simultaneously encourage exports and discourage imports. Therefore, it is in a country's best interest to maintain a trade surplus, i.e. have more exports than imports. Mercantilism believes that governments should intervene the markets in order to achieve a trade surplus.

Mercantilism tries to take advantage of other countries, and it always easier to take advantage on poorer or developing countries, rather than richer developed countries.

4 0
4 years ago
Scenario 1: Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the interest income earned
Trava [24]

Answer:

This change in the tax treatment of saving causes the equilibrium interest rate in the market for loanable funds to <u>DECREASE</u> and the level of investment spending to <u>INCREASE</u>.

Explanation:

Since the tax rates on savings decreased, more money will be available for saving which will increase the supply of loanable funds. When the supply of any good or services increases, its price decreases. In this case, the price of money is the interest rate.

Since the interest rate decreases, the total quantity demanded for loans will increase, increasing the level of investment spending.

3 0
3 years ago
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