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3 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]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

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The __________ shows how the capital is structured in the business, including the value of assets and the amount the firm owes a

PIT_PIT [208]

Answer:

balance sheet

Explanation:

The <u>balance sheet</u> shows how the capital is structured in the business, including the value of assets and the amount the firm owes at a specific point in time.

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2 years ago

Pepe, Incorporated acquired 60% of Devin Company on January 1, 2018. On that date Devin sold equipment to Pepe for $45,000. The

CaHeK987 [17]

Answer: $9000

Explanation:

Based on the values given in the question, the consolidated gain or loss on equipment for 2018 would be calculated as:

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2 years ago

Mateo has a passion for collecting old watches. He's particularly interested in those from the 1920s because they have a history

hammer [34]

Answer:

D. Authenticity

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3 years ago

Read 2 more answers

Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if t

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Because if everyone went and had the same job no one else would know how to do the other jobs causing our entire economy to fail and entire city’s failing too.

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2 years ago

Losing a customer once means losing the entire stream of possible purchases that the customer would make over an extended period

sdas [7]

Answer: (D) Customer lifetime value

Explanation:

The customer lifetime value is the term, which refers to the overall profit of an organization and this type of method also helps in estimating the customer monetary in the business.

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Therefore, Option (D) is correct answer.

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3 years ago