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
masha68 [24]
3 years ago
9

A price floor is Group of answer choices often imposed when sellers of a good are successful in their attempts to convince the g

overnment that the market outcome is unfair without a price floor. a source of inefficiency in a market. a legal minimum on the price at which a good can be sold. All of the above are correct.
Business
1 answer:
Natasha2012 [34]3 years ago
4 0

Answer: a legal minimum on the price at which a good can be sold.

Explanation:

A price floor is the lowest price the government approves for a product sales, in other words the product cannot be sold below the price floor. The price floor is set to protect the sellers from running at a loss in case the market price of a product is less than the expenses made in producing/buying that product.

You might be interested in
What should designers gain from a critique that will enable them to improve their work?
Brilliant_brown [7]

Answer:

A designer gains a list of actionable items to improve the design from the critique.

Explanation:

As we know that critique in a positive manner blows up the positivity. Through that, the designers improve their designs according to the fashion and the requirement of consumers. Consumers most probably like to induce new fashion in accordance with the time. During the critique, actionable products are used to improve the product and improve their work.

For more content like this kindly visit

brainly.com/question/28179473

#SPJ4

8 0
2 years ago
Which of the following is a potential danger of offering common stock to investors?
murzikaleks [220]

Answer :It doesn't allow the entrepreneur to raise enough money. -A.

6 0
4 years ago
Read 2 more answers
Suppose that you are an orange grower. Would you expect the demand for your
aksik [14]

It should be noted that the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded.

It should be noted that an elastic demand simply means a situation whereby a change in the price of a good lead to a larger change in the quantity demanded.

In this case, the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded. For example, an increase in price will make the customers buy other fruits.

Learn more about demand on:

brainly.com/question/25585026

8 0
2 years ago
From the list below, select the items that are classified as a materials activity. Select the correct answers. a.Raw materials u
USPshnik [31]

Answer:

A) Raw materials used

B) Raw materials beginning inventory

C) Raw materials purchases

Explanation:

When we are calculating the cost of goods sold, we must calculate total direct   materials used + total direct labor + overhead overhead costs applied.

To calculate how much direct (raw and intermediate) materials are used, we start with our beginning inventory of (raw and intermediate) materials + purchases of (raw and intermediate) materials - ending inventory of raw materials - indirect materials used.

Some industries only calculate raw materials used, but others might include intermediate components in the equation.

6 0
3 years ago
_______________________ : overhaul of communications law that opened door to far more competition by permitting companies to own
Kruka [31]

Answer: The major congressional

Explanation:

7 0
2 years ago
Other questions:
  • When designing a case management solution to increase agent productivity, which service cloud features should you consider first
    14·1 answer
  • A(n) _____ résumé is the most popular format. It places information in order from most to least recent. Employers tend to prefer
    6·1 answer
  • Lucky Inc. reported sales revenue of $385,000, operating expenses of $65,000, and a net loss of $23,000 for the most recent fisc
    9·1 answer
  • What are the four types of consumer goods?
    5·2 answers
  • Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 19.00% for 2 years, af
    9·1 answer
  • What is the difference between password protection and encryption?
    13·1 answer
  • What is the basic unit of study in microeconomics? A) employment and unemployment figures B) government taxes and spending C) to
    5·1 answer
  • Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 51,870 Direct la
    7·1 answer
  • During 2011, Gum Co. introduced a new product carrying a two- year warranty against defects.
    6·1 answer
  • Karen and Al obtained a 30-year fixed-rate, fully amortized loan when they purchased their home. Which statement is true
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!