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
AnnZ [28]
3 years ago
6

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

Business
1 answer:
miskamm [114]3 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

You might be interested in
"Parker Company stock is currently selling for $130.00 per share and the firm's dividends are expected to grow at 6 percent inde
8_murik_8 [283]

Answer:

Cost of equity = 10.7%

Explanation:

<em>We will work out the required rate of return using the the dividend valuation model. The model states that the value of a stock is the present value of the future divided discounted at the cost of equity. </em>

The model is given below:

P = D× (1+g)/(r-g)

P- price of stock, D- dividend payable now, g- growth rate in dividend, r- cost of equity

So we substitute  

130 = 5.50× (1+r)/(r-0.06)

cross multiplying

(r-0.06)× 130 = 5.50 × (1+r)

130 r- 7.8  = 5.50 + 5.50r

collecting like terms

130 r - 5.50r=5.50 + 7.8

124.5  r= 13.3

Divide both sides by 124.5

r =13.3 /124.5=  0.1068

r=0.1068 × 100=  10.7%

Cost of equity = 10.7%

6 0
3 years ago
If you have to reject a job offer because it isn't what you wanted, what is the best step to take?
BartSMP [9]
C because it is the the answer
4 0
3 years ago
Read 2 more answers
Debbie, a popular wedding photographer, is able to photograph a wedding every Saturday of the year. She charges couples $4,000 f
rosijanka [135]

Answer:

c. $1,800

Explanation:

Economic cost calculates what is gained or lost when a particular activity is chosen over another activity.

It incorporates the opportunity cost of taking a particular activity into its calculation of cost.

The economic cost of Debbie taking the picture of her niece is :

$4000 - $2200 = $1800

I hope my answer helps you

6 0
3 years ago
The Constitution defines all of the following as limits of the government’s power to tax except that _____.
Arisa [49]
Constitution has something called Bill of Rights which are your rights. Also,  Supreme Court (Judicial branch) is there to interpret the laws. They can declare a law unconstitutional and all disputes between individual and government are settled in Supreme Court. 
4 0
3 years ago
Match each type of business with one of its features.
jekas [21]

Answer:

Explanations below

Explanation:A) Sole proprietorship: sole decision making by the proprietor

B) General partnership: there is a profit sharing ratio as agreed by partners

C) Public corporation: it is independent of government.

D) Government corporation: Government has 100% ownership or partly owned with over 50% shares.

3 0
3 years ago
Read 2 more answers
Other questions:
  • A shareholder who was buying additional shares in Wayport, Inc., told the shareholder seller "he was not aware of any bluebirds
    14·1 answer
  • Many hydrothermal mineral deposits of copper, gold, silver, and other metals have been found in the countries bordering the paci
    11·1 answer
  • A family is the basic unit of a consumer sector.<br><br> Question 6 options:<br> True<br> False
    10·2 answers
  • Which of the following is an example of division of labor?
    14·1 answer
  • attempt to avoid price competition, prefering instead to differentiate themselves by precisely targeting customer segments with
    9·1 answer
  • Suppose​ Dave's Discount's Merchandise Inventory account showed a balance of​ $8,000 before the​ year-end adjustments. The physi
    11·1 answer
  • How will you benefit if you make a charitable contribution to a qualified organization?
    7·2 answers
  • Country A can produce two goods: good X is labor-intensive and good Y is labor-intensive. As a result of international trade the
    15·1 answer
  • Evergreen Company sells lawn and garden products to wholesalers. The company’s fiscal year-end is December 31. During 2021, the
    7·1 answer
  • In which type of career would you expect to spend a great deal of time backing up computer files?
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!