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ivanzaharov [21]
3 years ago
5

What is the difference between a price floor and a price ceiling?

Business
2 answers:
Rufina [12.5K]3 years ago
6 0
Just like in math, floor means to round down (minimum), ceiling means to round up (maximum).

The only one that'd make sense would be the first statement.
AleksandrR [38]3 years ago
3 0

Answer: The answer is A price floor is the minimum price allowed for a good. A price ceiling is the maximum price allowed for a good.

Explanation:

A price floor refers to the minimum price of a good or product. It is a price control which limits the lowest price of a product or service.

A price ceiling refers to the maximum price of a good. It is the price a seller is mandated to charge for a product or service. Government impose price ceiling in order to protect consumers from buying at higher or expensive prices.

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Answer:

A) the range of variation

Explanation:

In statistics, the range is a measure of variation which includes the highest value and the lowest value, in other words, the extreme points.

In this case, the range of variation represents the extreme points at which it is OK to plant our seeds. If we plant seeds more than 13" apart then we aren't doing it correctly, the same if we pant them less than 11" apart.

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4 years ago
The partnership of Frick, Wilson, and Clarke has elected to cease all operations and liquidate its business property. A balance
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Answer:

PART A:

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The lowest capital contributor is eliminated first and so on. Which is attached in figure 1

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3 years ago
Mia kaminsky wants to attend riverside community college. she'll need to have $25,000 six years from today. mia is wondering wha
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Mia needs to deposit

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7 0
3 years ago
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Jason Day Company had bonds outstanding with a maturity value of $300,000. On April 30, 2020, when these bonds had an unamortize
Andru [333]

Answer: Loss of $22,000

Explanation:

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8 0
4 years ago
A private university offers graduate assistantships to qualified students each year. In exchange for the waiver oftuition, gradu
alina1380 [7]

Answer:

A. tuition revenues of $4,000 and expenditures of $4,000.

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