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4 years ago

All of the following will occur if the government places an effective price ceiling on candy bars except:

Business

1 answer:

miskamm [114]4 years ago

6 0

Answer:

c. there will be a surplus of candy bars.

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

If a price ceiling is effective, the price ceiling is set below equilibrium price.

If price is set below equilibrium price, the quantity supplied would fall and this would lead to an excess of demand over supply. Also, scarcity of the product for which a price ceiling has been set would occur.

A black market would occur. There would be a drop in the quality of product as sellers would be trying to maximise profits.

I hope my answer helps you

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Wildhorse, Inc., is expected to grow at a constant rate of 5.00 percent. If the company’s next dividend, which will be paid in a

MAVERICK [17]

Answer:

the required rate of return on the stock is 12.52%

Explanation:

The computation of the required rate of return on the stock is shown below:

= (Next year Dividend ÷ current stock price ) + growth rate

= ($1.68 ÷ $ 22.35 ) + 0.05

= 0.075 + 0.05

= 12.52%

Hence, the required rate of return on the stock is 12.52%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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3 years ago

If expected inflation rises, the long-run Phillips curve will

noname [10]

Even though the Phillips curve is an empirical model has historically shown that the rate of unemployment and the rate inflation is inversely proportional, this is only observed in the short-run. In a graph, this is shown as non-linear.

The Long-run Phillips curve, on the other hand, is linear. This means that there's no constant trade-off with regard to inflation & unemployment.

4 0

3 years ago

Within the context of the circular flow of income model, what is the role of financial intermediaries?

Lesechka [4]

Answer:

The role that financial intermediaries play in that diagram of the economy is to leakage or inject money.

Explanation:

To begin with, the concept known as "Circular Flow of Income" refers to a model that is famously known in the economics sciences due to the fact that it is a graphic that shows how the primary entities of the economy of a country interact with each other in order to have a particular outcome expected in the diagram. Therefore that in that context, the financial institutions play the role of intermediaries inside the flow meaning that the can they can either leakage or inject money to the flow. The first one they do it by helping the households to save money in accounts. And the second one they do it by helping the private sector in terms of investing regarding businesses.

8 0

3 years ago

Congratulations! You just finished up your MHA. You are now making the big bucks!! You are pulling down $75,000 a year. Your est

aleksandr82 [10.1K]

Answer:

Balance available on hand at month-end is $1,750

Explanation:

Monthly gross salary= $6,250 ($75,000 / 12 month)

Less: Payroll Taxes $1,250 ($6,250 * 20%)

Net Monthly salary $5,000

Add: Monthly Consultancy Income $100

Monthly income available on hand $5,150 $5,150

Less: Monthly Car note $350

Monthly Car gas $50

Monthly mortgage $850

Monthly Health insurance $400

Monthly food spending $300

Monthly student loan payment $300

Monthly credit card payable $1,100

Total deductions $3,350 $3,350

Balance available on hand at month-end $1,750

8 0

3 years ago

Bruner Stores wants to have 500 shovels in ending inventory on December 31. Budgeted sales for December are 1,950 shovels. The N

Bas_tet [7]

Answer:

Purchases = 2100 shovels

Explanation:

given data

ending inventory = 500 shovels

Budgeted sales = 1,950 shovels

inventory = 320 shovels

to find out

How many shovels should Benson Stores purchase for December

solution

we know here ending inventory formula that is express as

Ending inventory = Beginning inventory + Purchases - Sales .......................1

put here value we will get Purchases

so that

500 = 320 + Purchases - 1950

Purchases = 500 + 1950 - 350

Purchases = 2100 shovels

7 0

3 years ago