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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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Record the following transaction in a transaction analysis chart for the​ buyer: Bought merchandise for $ 8 comma 600 on account
Nataliya [291]

Answer:

The answer given below;

Explanation:

Inventory                              Dr.$8,600

Accounts Payable               Cr.$8,600

The cost of shipping $100 will be paid by the seller as FOB is F.O.B destination.Therefore no entry in books of purchaser is made for shipping cost.

7 0
3 years ago
Chevron signs​ $73b gas deal ​Gorgon, Chevron's huge liquefied natural gas​ project, is finally going forward. The​ company, alo
vaieri [72.5K]

Answer:

Australia - <em>Shift​ Australia's production function​ upward, create a movement up along the production function as the​ full-employment quantity of labor​ increases, and increase potential GDP</em>

United States - <em>Will not change potential GDP as production happens in Australia</em>

Explanation:

Australia's production potential will rise which will be depicted by a shift upwards in the Production Possibilities Frontier (PPF) thereby leading to an increase in the full employment quality of labor and potential GDP for Australia.

As the production is happening in Australia, it will not affect potential GDP in the US.

3 0
4 years ago
In the Great Depression, spending on U.S. _________was reduced by foreign countries as well as U.S. spending on their products w
Keith_Richards [23]

Answer:

Exports

Explanation:

In the Great Depression, spending on U.S. exports was reduced by foreign countries as well as U.S. spending on their products which made the downward spiral even worse on a global basis.

The Great Depression caused consumer spending to decline and investment fell drastically which led to steep industrial output declines.

5 0
4 years ago
What phase of the product life cycle is this item in and how you know this? 3D TV
Leviafan [203]

Answer:The part of the life cycle to which the product belongs is that of Maturity.

Explanation:

Since with the established growth, the next stage in the life cycle is Maturity. Businesses at this stage add features that make the product differ from competitors entering the market.

5 0
4 years ago
Alfred, an architect at Abode Inc., uses the term "spatial organization" while communicating to his client. The client is unable
vlabodo [156]

Answer:

Jargon

Explanation:

Based on the scenario being described within the question it can be said that the term "spatial organization" exemplifies Jargon. This term refers to any and all specialized terminology associated with a specific field or area of expertise. It is usually used between individuals of the same field who understand the word's meaning in a certain context, since those outside of the field may not understand it.

4 0
3 years ago
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