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4 years ago

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

2 answers:

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]4 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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Which of these post secondary degrees comes after a master’s degree?

Jlenok [28]

Answer: Doctor's degree.

Explanation:

A doctor's degree is a diploma issued by universities. It is the highest Academic title that can be won at a university. In most countries, this diploma is valid after a particular scientific thesis is defended, and the candidate has the skill to teach at the highest academic level. In the United States and some other countries, there are also some types of technical or professional degrees that include doctors on their behalf and are classified as doctors in some of these countries. Some universities also award honorary doctoral degrees to contribute to the university, science, or community.

4 0

3 years ago

You are the manager of BlackSpot Computers, which competes directly with Condensed Computers to sell high-powered computers to b

Zina [86]

Answer and Explanation:

In order to know how this affects the production we will first find out the quantities produce before and after the technological advance.

Profit maximizing, MR = MC (Marginal revenue = Marginal Cost)

TR = P x Q

TR= (5900 - Q) x Q = 5900Q - Q^2

MR = 5900 - 2Q (Taking derivative)

Now, MR = MC

5900 - 2Q = 800

Q = 2550

After Technological advancement,

MR = MC

5900 - 2Q = 500

Q = 2700

After technological advancement, Backspot Computers are able to produce more quantities. An increase of 150 units. The technological advancement has helped them.

4 0

4 years ago

jphone, inc., has an equity multiplier of 1.41, total asset turnover of 1.7, and a profit margin of 8 percent.

lukranit [14]

ROE = 15.40 is the right answer.

ROE = (profit margin x asset turnover x equity multiplier)

ROE = (7 x 1.63 x 1.35)

ROE = 15.40

<h3>What is Return on Equity?</h3>

The efficiency of a company's management team in managing the capital that shareholders have invested in it can be gauged by investors using the ratio known as return on equity (ROE). In other words, return on equity evaluates how profitable a company is in comparison to the equity held by stockholders. A company's management is more effective at generating revenue and growth from its equity financing the higher the ROE.

Using ROE, one may assess a business's position in relation to the market and its rivals.

The method is especially useful when comparing businesses in the same industry since it can be used to evaluate almost any company with a focus more on tangible than intangible assets and to identify which businesses are more financially efficient.

Shareholder equity divided by net income is referred to as the return on equity (ROE).

Before common-stock dividends are paid, the bottom line profit shown on an organization's income statement is known as net income. An alternative to net income is free cash flow (FCF), which is another measure of profitability.

Thus, ROE is a financial measuring tool for any business.

For more information on ROE, refer to the given link:

brainly.com/question/27821130

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8 0

1 year ago

Using the transportation method for solving the optimal shipping a product from factories to warehouses, as per text, you should

scoundrel [369]

Using the transportation method for solving the optimal shipping of a product from factories to warehouses is e) "≤" for constraints regarding factory capacity and "=" for constraints regarding demand at warehouses.

The transportation method of linear programming is applied to the problems associated with the examination of the efficient transportation routes i.e. how efficaciously the product from extraordinary sources of manufacturing is transported to exceptional locations, consisting of the overall transportation price is minimum.

The transportation model is a special class of linear programming that offers the delivery of a commodity from assets (e.g. factories) to destinations (e.g. warehouses) objective: The objective is to decide the transport agenda that minimizes the full transport price even as gratifying supply and call for limits.

The transportation method is a special case of linear programming issues wherein the goal is to limit the entire price of transporting items from diverse delivery origins to distinct demand destinations.

Disclaimer: The question is incomplete. Please read below to find the missing content.

Question: Using the transportation method for solving the optimal shipping of a product from factories to warehouses, as per text, you should use

a) "=" for constraints regarding factory capacity and "≥" for constraints regarding demand at warehouses

b) "≥" for constraints regarding factory capacity and "≤" for constraints regarding demand at warehouses

c) "≥" for constraints regarding factory capacity and "=" for constraints regarding demand at warehouses

d) None of the above

e) "≤" for constraints regarding factory capacity and "=" for constraints regarding demand at warehouses.

Learn more about transportation methods here brainly.com/question/13926750

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3 0

1 year ago

Pharoah Incorporated factored $154,700 of accounts receivable with Engram Factors Inc. on a with recourse basis. Engram assesses

VashaNatasha [74]

Answer:

Cash 135,604 debit

Due from factor account: 7,735 debit

Loss on Factoring 18,081 debit

Recourse Liability 6,720 credit

Accounts Receivable 154,700 credit

--to record sales of account receivables--

Explanation:

fee: 154,700 x 3% = 4,641

retention: 154,700 x 5% = 7,735

recourse: 6,720

The company will receive cash for the difference between his account receivable and the discount above:

154,700 - 4,641 - 7,735 - 6,720 = 135.604‬

We post the retention as an assets as latter we will recove this amount.

Then, the recourse as a liaiblity. Write-off the receivables and later, the cash receipts.

The difference will be considered a loss.

5 0

3 years ago