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3 years ago

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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AJ's Markets is being liquidated. The mortgage holder is owed $830,000, the other secured creditors are owed $128,000, and the u

oksano4ka [1.4K]

Answer:

B. $.025

Explanation:

Calculation to determine How much will the unsecured creditors receive per each dollar they are owed

First step is to determine the Mortgage unsecured

Mortgage unsecured = $830,000 -$794,000

Mortgage unsecured= $36,000

Second step is to calculate the Funds available after expenses

Funds available after expenses = $467,000 - $330,000

Funds available after expenses = $137,000

Third step is to calculate the Funds available after secured claims

Funds available after secured claims = $137,000 - $128,000

Funds available after secured claims= $9,000

Fourth step is to calculate the Total unsecured claims

Total unsecured claims = $36,000 + $329,000 Total unsecured claims = $365,000

Now let determine Percent unsecured claims paid

Percent unsecured claims paid = $9,000 / $365,000

Percent unsecured claims paid= .025*100

Percent unsecured claims paid=2.5%

Therefore the amount of that the unsecured creditors receive per each dollar they are owed will be $.025

7 0

2 years ago

According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation imports?

aliina [53]

Answer:

The correct answer is option C.

Explanation:

The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.

In other words, if the country can produce good cheaply or at a lower opportunity cost.

The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.

6 0

3 years ago

Rafi, a director of Super Service Station Corporation, does not attend a board meeting for three years. During that time, Twyla,

Varvara68 [4.7K]

Answer:

a. liable for negligence or mismanagement.

Explanation:

Given that,

The cost of the improper loans = $100,000

Since the director of the Super Service Station Corporation does not attend a board meeting for three years plus the president Twyla had done the improper loans that reflect the mismanagement as without knowing the credit history of the people how it could make the loans.

Moreover, there is no guarantee of returning the money so he is totally liable for his negligence or mismanagement

8 0

3 years ago

Which of the following are arguments that are given to support trade barriers?

Roman55 [17]

Answer:

E To prevent dumping

Explanation:

There are several arguments that are given to support trade barriers; one of which is to prevent dumping. A country would place embargo on imports with respect to some of the goods that are produced in her country. This is to enable and encourage local production of such goods. Where a country permits importation of goods that are produced locally, such action could being down the efforts of local production ; hence local industries might not thrive in terms of production.

Also, placing embargo on the importation of goods that are produced locally in a country would take away the possibility of making the country for dumping ground in terms of goods that are not up to standard, produced in a foreign country and same would have been imported.

5 0

3 years ago

Which of the following activities are prohibited by the Clayton Act when they lead to less competition? Each of these answers is

mariarad [96]

Answer: All of the Above

Explanation:

The Clayton Act of 1914 was passed to curb unfair business practices as well as to protect the rights of labour.

Some practices that were prohibited when they led to less competition include,

- A firm acquiring a major percentage of the stocks of a competing firm because this could signify an amalgamation of efforts on the part of both firms and they could therefore have some control over Pricing.

-A director from one business sitting on the board of a competing firm because this could lead to cooperating or Corperate espionage.

- A buyer is forced to buy multiple products from a producer in order to get a desired product is expressly forbidden.

5 0

3 years ago