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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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Kong Inc. reported net income of $298,000 during 2018 and paid dividends of $26,000 on common stock. It also has 10,000 shares o
julsineya [31]

Answer:

17%

Explanation:

The actual return which stockholder receives on the average common equity is return on common stockholder's equity.

Return on Common Stockholder Equity = (Net Income - Preferred dividend) / Average common stockholders equity

Return on Common Stockholder Equity = ($298,000 - (10,000 x $100 x 6%) / ( ( $1,200,000 + $1,600,000 ) / 2 )

Return on Common Stockholder Equity = ($298,000 - $60,000) / $1,400,000

Return on Common Stockholder Equity = 0.17 = 17%

3 0
3 years ago
If soybean farmers know that the demand for soybeans is inelastic, in order to increase their total revenues they should a. use
charle [14.2K]

Answer: Option C

                                     

Explanation: In simple words, inelastic demand refers to a situation when the demand of the buyer does not change as per the price of the commodity. Thus, the price does not increase or decrease with decrease or increase in demand.

Hence the farmers should decrease the supply as there would be no profit for them to supply a product that has an inelastic demand.

5 0
3 years ago
Many phone fraud scammers are especially cunning because they approach the target to try to sell _____.
MrMuchimi

Answer: A. improved computer security programs

Lots of people lose money due to phone fraud scammers. They try to approach the target to sell improved computer security programs. They do lots of ways to convince you to the point of asking you to give personal information. If you happen to meet one, say no.


7 0
4 years ago
Read 2 more answers
. Imagine that you are buying a new computer and comparing different brands and prices. List and describe two nonprice competiti
Luba_88 [7]

Popularity and warranty

5 0
3 years ago
According to SEC independence regulations,
Komok [63]

Answer: Option (b) is correct.

According to Securities and Exchange Commission independence code:   Pre-approval of accountants' work may be in reconciliation with comprehensive policies and transaction rather than categorical.

The Commission’s code, principally through Regulations S-X, focuses on the accomplishment of accountants, counting the autonomy condition for auditors that issue audit filed with Commission.

5 0
4 years ago
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