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dimulka [17.4K]
2 years ago
6

Consider the market for purple potatoes below and assume that a price ceiling of $30 is imposed by the government. Calculate the

deadweight loss:
Business
1 answer:
tankabanditka [31]2 years ago
5 0

Answer:

$5000

Explanation:

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Charles was the last person on his block to purchase a color television set, and that was in the 1980s. He just couldn't see the
dezoksy [38]

Answer:

Charles is classified in the adopter category called "Latecomers"

Explanation:

Latecomers are traditional consumers. For them, buying a new product brings a feeling of extreme psychological discomfort. They do not like news, even flee from it, and consider it immature to buy an innovative article in the market.

Latecomers represent 16% of consumers, are insecure to adopt new things, do not like to try new things and do not follow fads. Being traditionalists, they always perform the same way and only adopt innovation when there is no other alternative. Like Charles, who only bought the color TV because his old tv stopped working.

3 0
3 years ago
The actual inventory holding cost incurred by an item depends on how long it actually spends in inventory.
svlad2 [7]
True. <span>The actual inventory holding cost incurred by an item depends on how long it actually spends in inventory. Holding costs are costs that happen when the inventory stays put and does not sell. The costs are calculated into the inventory costs along side of ordering and shortage costs. Holding costs can include the goods being damaged or spoiling due to the length of being held. Since they can be held for 5 days or 100 days (example) the total cost that is held depends on the length the items were held for. </span>
5 0
3 years ago
All of the following statements regarding convertible bonds are true except:_________.
postnew [5]

Answer: Holders of convertible bonds can choose how many shares of stock to receive at conversion

Explanation:

A convertible bond is a debt security that yields the payment of interest, but can also be converted into equity shares or common stock that are predetermined.

The option that holders of convertible bonds can choose how many shares of stock to receive at conversion is wrong. This is because the number I shares that will be eventually converted will already have been fixed.

8 0
3 years ago
What are some ways Panera bread earns the trust of its public?
ohaa [14]
Having a welcoming environment, public health license and having a staff that follows the rules.
6 0
3 years ago
Which of the following is not classified as R&amp;D?Design of tools involving new technology.Evaluation of process alternatives.
Hatshy [7]

Answer:

idk but imma take these points mah boy bless up

Explanation:

4 0
3 years ago
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