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
A price maker is
Allisa [31]
D. a firm that has some control over the price of the product it sells
4 0
3 years ago
Read 2 more answers
In the summer, ben often jogs during the middle of the day. when he exercises in these conditions, he sweats heavily. the recomm
stira [4]
In order for Ben to maintain his fluid balance, he should take huge amounts of liquid, and the best liquid that he should take is water. He should take and drink water when jogging, in order to keep himself hydrated as he sweats a lot and when he does not consume water with this behavior, he would likely be dehydrated as he loses the balance of maintaining liquid in his body.
3 0
3 years ago
To obtain a change of the zoning for a particular property, for example, from residential to commercial, a property owner would
FrozenT [24]

Answer: Zoning Map Amendment?

Explanation:

Zoning Map Amendment is an official document showing that there is a change in the way the land or property is divided into zones within a district and also the way it is being used either for industrial, residential or business purpose.

It is also known as Rezoning, this process can only begin if requested by town council, town manager or the owner of the property, this is done through application which has to be submitted 30days ahead to the committee meeting.

7 0
3 years ago
On July 1, 2021, Ross-Livermore Industries issued nine-month notes in the amount of $400 million. Interest is payable at maturit
Novay_Z [31]

Answer:

accrued interest owed at the end of the year = $400 x interest rate x 6/12 months

the interest rate was not given, but we can assume that it was 5% just as an example:

total accrued interest expense = $400 x 5% x 6/12 = $10

the journal entry would be

December 31, 2021

Dr Interest expense 10 million

    Cr Interest payable 10 million

8 0
3 years ago
Which formula should be used to correctly calculate the<br> monthly mortgage payment?
Charra [1.4K]
What’s the question
7 0
3 years ago
Other questions:
  • Describe a social enterprise
    9·1 answer
  • Which of these is an example of a tax on consumption?
    9·2 answers
  • You are a team of 3 equal share-partners. You have raised $500,000 at a $1 million valuation. How much of your equity have you g
    10·1 answer
  • What are the characteristics of successful budgets? What can you do to cultivate these successful characteristics in your own mo
    11·1 answer
  • Carl, the information technology head at Cloud Denim, a clothing company, has to update the enterprise software system used by t
    8·1 answer
  • A steel mill raises the price of steel by 7% which results in a 20% reduction in the quantity of steel demanded. The demand curv
    8·1 answer
  • Using XXs for amounts, give the journal entry for each of the transactions, assuming perpetual inventory. (If no entry is requir
    11·1 answer
  • . Based on the following data, Accounts payable…………………………………………………..... $62,000 Accounts receivable…………………………………………………. 100,000
    11·1 answer
  • If adult workers and teenagers are complements, the elimination of the minimum wage for teenage workers would cause the demand f
    5·1 answer
  • 1. Which of the following is true about finding the present value of cash flows?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!