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harina [27]
3 years ago
5

A price support is a type of _____.

Business
2 answers:
maw [93]3 years ago
7 0
<span>a.price floor 

Where the government fixes the minimum retail price</span>
Yuliya22 [10]3 years ago
7 0

Answer: a. price floor

A price support is a type of price floor.

Explanation:

Price floor refers to a price control in which the government set the minimum price a commodity or product can be sold. It brings about a market surplus due to the fact that the quantity supplied at the price floor is higher than or exceed the quantity demanded. The government uses price floor in preventing prices from being too low. An example of a price floor is minimum wage (price) payed for labour.

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A model that shows the trade-offs and opportunity costs of producing an additional unit of a good relative to what must be given
Anna007 [38]

Answer:

production possibilities curve (PPC)

Explanation:

The PPC is used to explain the tradeoffs that producers face when having to choose between 2 different alternative products or services. The more they choose of one product, the less they will be able to produce of the other product. Opportunity costs are the associated costs or benefits lost resulting from choosing one activity or investment over another alternative.

3 0
3 years ago
Sean checked the clock and saw that it was 10:00 a.m., which was the time the group had agreed upon to start the meeting. Cleari
mariarad [96]

Answer:

Option A. Task

Explanation:

Sean is actually executing the plan that he has set and this execution of the plan involves performing of tasks that are very important to achieve the purpose of the plan. So suppose if had planned to get up early in the morning to go for jogging to have a better health. So if I don't get up early in the morning and going for jogging which is the task role then I will not achieve the purpose of the plan, which is having good health. So here Sean is performing the tasks (Taking the task role) to achieve the purpose of the plan.

5 0
3 years ago
Read 2 more answers
Refer to the scenario below to answer the following question(s).Bryant and Anne are the owners of the Good Green Grocer, a small
nasty-shy [4]

Answer: deceptive pricing

Explanation:

       Overall, the answer could be deduced from the defenitions of those terms.

We can surely exclude green washing, which basically means that the product is sold under "eco", "green" label, when it is not. Puffery is a legal practise, which can not be proven to be true or false; which is clearly not the case in this example.

         Now we are left with three categories of deceptive marketing practices. Deceptive packaging means that the product does not fit the image peceived from its package. This might be the design, the size, the picture of the product, etc. Deceptive promotion means that the information on the ads is inaccurate, partly withhold, or false.  Deceptive pricing means that the seller offers the product at lower price. This can be done by  promoting low price for low-in-stock or out-of stock items and then offering the substituent products of the same category, which are surely more expensive.

7 0
4 years ago
Now that you have studied monopolistic competition, let's see how well you can distinguish a firm in a monopolistically competit
vlabodo [156]

Answer:

<u>Monopolistic Competition:</u>

4. a firm that faces a downward sloping demand curve.

<u>Perfect Competition:</u>

1. a firm that produces with excess capacity in

3. a firm that may earn in an economy profit or loss in the short run

5. a firm that that maximizes profits profit in the long by producing where MR = MC

<u>Both:</u>

2. a firm that has a firm that sets price greater than marginal cost.

Explanation:

7 0
4 years ago
Sunshine mining bonds have a $1,000 face value, pay $95 annual interest, mature in 2020, and are currently quoted at $1,302.50.
Over [174]
<span>The coupon rate of the sunshine mining bonds is 7.29%. Coupon rate is figured by dividing the par value ($1302.50) by the annual interest (yield). If the face value of the bond was only given as well as the annual interest, the coupon rate of the bond would be 9.5%.</span>
5 0
3 years ago
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