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aliina [53]
3 years ago
9

In a housing market with no rent ceilings, the equilibrium rent is that for which the quantity of apartments demanded a. is grea

ter than the quantity supplied. b. equals the quantity supplied. c. is less than the quantity supplied. d. might be greater than, equal to, or less than the quantity supplied depending on whether the supply curve is upward sloping, horizontal, or vertical. e. None of the above
Business
1 answer:
Amiraneli [1.4K]3 years ago
4 0

Answer:

The answer is: B) equals the quantity supplied.

Explanation:

For all products and services; the equilibrium price is always the price where the quantity supplied of a product or service (in this case apartments offered for rent) is equal to the quantity demanded of that product or service (in this case apartments demanded for rent).

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The power of a manager, traditionally, was embedded in the hierarchy of the firm. As organizational structures flatten, this pow
Dennis_Churaev [7]

Answer:

employees

Explanation:

In a flat organizational structure, unlike the hierarchy structure, the decision making occurs at the staff level; there is no power of a manager. The employees in a flat organizational structure are given significant authority with little to no supervision.

So as an organizational structure flattens, power that was formally intended for managers, is therefore repositioned the employees of the network.

7 0
3 years ago
It is difficult to start up a major league sports team because existing professional teams have contracts with the best players
Drupady [299]

Control of a key resource is the barrier to entry of the startup of a major league sports team because existing professional teams have contracts with the best players and long-term leases on stadiums.

<h3>What is the barrier of control over key resources?</h3>

A monopoly is a market in which there is only one seller or a few sellers and no close substitutes for the seller's product or service. The term "monopoly" is technically applied to the market as a whole, but it is now widely applied to the sole vendor in a market as well.

The market may become a monopoly when one team has major control over a resource required for the startup of a team.

Thus, Control of a key resource is the to entry.

For further details about the control of a key resources, click her:

brainly.com/question/24180690

#SPJ1

5 0
2 years ago
In economics what is a complementary good to energy drinks?
grandymaker [24]
Here is the correct answer of the given question above. In economics, the complementary good to energy drinks would be SWEETS. In economics, a complementary good is defined as the good that can be used along with other goods. In addition, a substitute good for energy drinks can either be coffee or tea. Hope this answer helps.
6 0
3 years ago
Which of the following combinations should be avoided? a. high price and high quality b. low price and low quality c. heavy prom
NNADVOKAT [17]

Answer: heavy promotion and low (exclusive) availability

Explanation:

The wrong combination is high promotion and low availability, because when a product is highly promoted it would lead to high interest in that product from the consumers, this would lead to a high demand for that product from customers. And this high demand needs to be met with high supply, which is not the case here, therefore scarcity would set in.

4 0
3 years ago
Airline Accessories has the following current assets: cash, $101 million; receivables, $93 million; inventory, $181 million; and
SIZIF [17.4K]

Answer:

Current Ratio = 3.02

Acid test Ratio = 1.62

Explanation:

The current ratio is a measure to assess the liquidity situation of a company. It tells us the amount of current assets available to settle each $1 of current liability. The current liabilities are all the liabilities that are due within a year.

Current Assets = 101 + 93 + 181 + 17 = $392 million

Current Liabilities = 96 + 34 = $130  million

Current Ratio = Current Assets / Current liabilities

Current Ratio = 392 / 130  =  3.015 rounded off to 3.02

The acid test ratio is also a measure of checking the liquidity of a company. However, this ratio measures the amount of most liquid current assets available to settle each $1 of current liability. This excludes inventory from the current assets.

Acid test ratio = (Current assets - Inventory) / Current Liabilities

Acid test ratio = (392 - 181)  /  130  =  1.62

3 0
3 years ago
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