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alexdok [17]
3 years ago
6

The price of a gallon of gasoline in bonland is? $3.20. however, just before the? election, the government decides to fix the pr

ice of gasoline at? $2.80 per gallon. this is an example of a? ________.
Business
1 answer:
ehidna [41]3 years ago
3 0
This is ab example of a price floor. It is price that set by the government as a minimum price that would be imposed on a product. This value should be higher than that of the equilibrium price to be effective. It is used in order to prevent the prices to be too low.
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3m is a master of the __________ pricing strategy. according to a 3m manager, "we hit fast, price high, and get the heck out whe
Alex777 [14]
E


I hope this helps and have a wonderful day filled with joy!!


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5 0
3 years ago
Xyx Motors pays Nick $1,567.46 in dividends every year. If the dividend on one share of Xyx Motors is $4.33, how many shares doe
notsponge [240]

Answer:

Option C 362 Number of shares

Explanation:

The number of shares can be calculated by using the following formula:

Number of shares = Total Dividends paid / Dividend per share

As we know that:

The total dividends = $1567.46

And the dividend per share = $4.33

By putting the values in the above equation we have:

Number of shares = $1567.46 / $4.33 = 362 Number of shares

7 0
3 years ago
Read 2 more answers
Which of these would Congress look to do during a recession, as it pertains to fiscal policy?
jeyben [28]

Answer:

Raise taxes

Explanation:

This will help reduce the amount of money in circulation because during recession money loses its value due to large amount of money in circulation

4 0
2 years ago
Sunland Corporation has retained earnings of $708,900 on January 1, 2020. Net income during 2020 was $1,663,000, and cash divide
andriy [413]

Answer:

Beginning RE                    708,900

prior period adjustment  <u>    89,470  </u>

adjusted beginning RE     798,370‬

net income                       1,663,000

cash dividends            <u>        (77,800)      </u>

ending RE                         2,383,570‬

Explanation:

The amend of the mistake is done to adjust the beginning retained earnings as it didn't occur in the current accounting cycle.

We have to added as it was posted as an expense something it wasnt Thus, our expense were overstated making a lower net income

then, we proceed normally by adding the net income and decreasing the cash dividends paid to arrive to ending RE

5 0
3 years ago
True or False: Your landlord, the over of your rental property, has the right to enter your apartment, any time he wants to
weeeeeb [17]

Answer:

false

Explanation:

he/she is not allowed to enter at any time because he/she does not have the right to enter the home if you are not there.

5 0
3 years ago
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