1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oksi-84 [34.3K]
4 years ago
12

Alabama this winter was socked in with snow which closed highways, stores and schools for weeks. Because of the road closures, s

oup was in greater demand but short on supply. The government put a temporary price ceiling on the cost of soup at $1. If the equilibrium for soup was at $5, what do you think happened?
Business
1 answer:
wlad13 [49]4 years ago
8 0

Answer:

people start black market for selling soup and delivering soup

Explanation:

we know here in winter due to snow highway is close so no transportation and if store will close than demand will be increase and supply will reduce

and if government reduce instant price up to 5 time for a short period than

i think people will try to stock it because there was a great demand and supply is very less than people start black market for selling soup and delivering soup

You might be interested in
On January 1, 2019, Providence, Inc., issues $1,000,000 of 10 percent, 5-year bonds at par value. Complete the necessary journal
Anna35 [415]

Answer:

                                   Dr.                Cr.

January 1, 2019

Cash                     $1,000,000

Note Payable                             $1,000,000

Explanation:

Bond issued for $1,000,000 and cash received against it. So, cash id debited and a liability is created in this event. Interest accrued will be charged as interest expense at the end of period.

6 0
3 years ago
What is a buying plan and why is it important?
Fed [463]
Buying plan is often promised free or deeply discounted products
8 0
3 years ago
Control over cash disbursements is generally more effective when:
anyanavicka [17]

Answer:

The correct answer is option c) payments are made by check. Control of cash disbursement is generally more effective when payments are made by check..

hope helpful <3

5 0
3 years ago
The PRIMARY function of banks in the United States is to a) print money b) make banking laws c) build homes and businesses d) pr
Jobisdone [24]
Im pretty sure its D.

it sounds right
:)


5 0
3 years ago
Read 2 more answers
Over the next few years, many organization will be collecting vast amounts of data on their employees ranging from engagement to
Vera_Pavlovna [14]

Over the next few years, many organizations will be collecting <u>vast </u>amounts of data on their employees ranging from engagement to well-being.

<h3>How is Big Data Collected?</h3>

Much of the big data that employees, persons, organizations generate come from three major sources:

  • Machine Data
  • Transactional Data
  • Social Data

Data collection and analysis provide insights that are useful for strategic decision-making. This is why organizations are looking to collect and analyze them.

See the link below for more about Big Data:

brainly.com/question/24916490

8 0
2 years ago
Other questions:
  • The size of a loan and its issuance costs​ (as a percentage of the amount​ borrowed) are​ ________.
    13·1 answer
  • A ____ is a single set of hardware, software, databases, telecommunications, people, and procedures that are configured to colle
    5·1 answer
  • A nonconventional cash flow pattern associated with capital investment projects consists of an initial outflow followed by a ser
    9·1 answer
  • Drew monthly net income is 800 what is the maximum he should use on debt payments
    10·1 answer
  • On April 1, 2017, Shannon Company, a U.S. company, borrowed 100,000 euros from a foreign bank by signing an interest-bearing not
    8·1 answer
  • The type of decision making a consumer uses for a product does not necessarily remain constant.why?​
    7·1 answer
  • Cabell Products is a division of a major corporation. Last year the division had total sales of $13,420,000, net operating incom
    12·1 answer
  • Maxwell Company uses a standard cost accounting system and applies production overhead to products on the basis of machine hours
    15·1 answer
  • Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation: Cash balance p
    5·1 answer
  • Suppose that the price of a cupcake is $4. At this price, 50 cupcakes will be demanded. If the price rises to $5 per cupcake, co
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!