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mr_godi [17]
3 years ago
10

Assume there is a price floor imposed on a good which is above the equilibrium price. Which of the following changes would reduc

e the size of the surplus?
a. ​ An increase in demand.
b. ​ A decrease in demand.
c. ​ An increase in supply.
d. ​ Any of the above.
Business
1 answer:
jok3333 [9.3K]3 years ago
4 0

Answer:

Answer is option a, i.e. an increase in demand.

Explanation:

When the price floor is imposed on a given good which is found to be above the equilibrium price, the situation of surplus arises as the supply exceeds the demand. In this situation, in order to reduce the size of the surplus, the demand has to be increased. Therefore, the answer is option a, i.e. an increase in demand.

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Answer:

C) Friday, midnight

Explanation:

In this case, the homeowner is considered a borrower, and federal law gives borrowers three full business days after signing mortgage documents to rescind any loan. Since the loan documents were signed a Tuesday, the borrower has until Friday, midnight to cancel any deal (3 days = Wednesday, Thursday and Friday).

3 0
3 years ago
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Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She ha
sladkih [1.3K]

Answer:

$88,700

Explanation:

Given:

Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.

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Hence, The net worth of Keisha is $88,700

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2 years ago
Market research is the process associated with the controversial act of "data mining" or acquiring information about
alina1380 [7]

Answer:

True

Explanation:

Market research involves collecting, analyzing, and interpreting information regarding a company's brand name, products, services, or the market. It is concerned with gathering data on potential customers, existing and possible competitors of a product about to be launched. Market research is more of a feasibility study on products and services or markets.

Market research involves collecting data from different people, such as suppliers, customers, distributors, and traders. One has to engage these individuals and gather as much information from them. The activities of obtaining information are comparable to data mining.

8 0
3 years ago
Which services are bannks most liikly to offer
gregori [183]

Answer:

checking accounts, saving accounts, certificates of deposit, and loans.

Explanation:

4 0
3 years ago
For example, in 2012, each of the 80 billion pieces of advertising brought 21 cents in revenue, compared to 42 cents for first-c
yaroslaw [1]

Answer:

Returns

Explanation:

Returns on an investor is the amount of profit or gain an outlay of cash is able to bring at the end of a period.

Rate of returns on invested funds is used as a yardstick by potential investors in deciding which enterprise to fund.

In the given instance where each of the 80 billion pieces of advertising brought 21 cents in revenue, a better replacement for the word revenue is return.

So returns of funds invested on each piece of advertising is 21 cents.

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3 years ago
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