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
PSYCHO15rus [73]
3 years ago
12

The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market a

t $0.40 per pound: a. the price ceiling will not affect the market price or output. b. quantity supplied will increase. c. there will be a shortage of the good. d. quantity demanded will decrease.
Business
1 answer:
Anton [14]3 years ago
3 0

Answer:

c. there will be a shortage of the good.

Explanation:

The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market at a price of $0.40 per pound: c. there will be a shortage of the good.

The correct answer is - c. there will be a shortage of the good.

Reason -

At the equilibrium price, the demand = supply

If the price is increased by the equilibrium price then, there are more customers(i.e. quantity demanded is increase ) and there is shortage of goods (i.e quantity supplied will decrease)

So, the correct option is - c. there will be a shortage of the good.

You might be interested in
Jorge considers himself a risk-averse person. He takes the opportunity to switch to a new job where there are two possible outco
Lunna [17]

Answer:

Jorge is not risk-averse

Explanation:

Risk averse means to reluctant to take risk

Since theres a 80% chance that Jorge will get laid off and end up with a job that will pay him $10000 less is very risky instead where he'll earn $30000 where the chance is 20% that he'll get the job.

5 0
3 years ago
An ipo is issued in the primary market which is smaller than the secondary market for equities. true /false
WITCHER [35]

The statement is True. An IPO is issued in the primary market which is smaller than the secondary market for equities.

In finance, fairness is the possession of belongings that could have debts or other liabilities connected to them. Equity is measured for accounting functions by subtracting liabilities from the price of the belongings.

Fairness is the amount of capital invested or owned with the aid of the owner of an agency. The fairness is evaluated through the difference between liabilities and assets recorded on the balance sheet of an organization. The worthiness of fairness is primarily based on the prevailing proportion fee or a cost regulated by the valuation experts or investors.

In end, stocks are known as equities because they represent possession in organizations. They let buyers gain from growth however additionally have danger when enterprise situations weaken.

Learn more about  equities here brainly.com/question/25847981

#SPJ4

4 0
2 years ago
After initially self-publishing his debut novel, The Martian, author Andy Weir continued to revise and improve later versions of
Anna35 [415]

Answer:

The correct answer is letter "A": Guide product development with customer feedback.

Explanation:

Companies make market researches before starting the manufacturing of a product. However, even if a study has been conducted to have a clear idea of what consumers want, the initial product offered may not meet customers' needs for different reasons.

In such a case, <em>companies should take advantage of the feedback clients can provide about the product so those suggestions can be considered into the production process which will result in an output that matches better consumers' expectations.</em>

8 0
3 years ago
Why is the subject line of a business email important
Airida [17]

Answer:

The subject line often determines whether an email is opened and how the recipient responds. An email with a blank subject line will likely get deleted, lost, or immediately irritate the recipient, who is forced to open the email to figure out what it's about.

5 0
2 years ago
2.
Mama L [17]

Answer:

The correct answer to this IMPOSSIBLE question is the correct answer to this is the right one is B. I hOpE yOu EnJoY tHe ReSt Of YoUr DaY;)

6 0
3 years ago
Read 2 more answers
Other questions:
  • Kim, chris, and beth are all partners in a cosmetics firm. kim is leaving the partnership and wants to sell her shares of the bu
    15·1 answer
  • In the value chain model for a hospital, pharmaceutical companies and organ donors would be considered as
    14·1 answer
  • Suppose you are building a scatter plot in Excel for a large amount of data. After selecting the scatter plot option, how do you
    11·1 answer
  • Which of the following statements are true about both monopolistic competition and monopolies? Check all that apply. Firms earn
    6·1 answer
  • Entrepreneurs work well under pressure because:
    7·1 answer
  • The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation is a
    5·1 answer
  • Why would a Roth 401(k) investment plan allow you to invest the most amount of money?
    11·1 answer
  • How do countries develop a comparative advantage over their trading
    9·2 answers
  • Voluntary deductions from employee pay can include all of the following: (You may select more than one answer. Single click the
    13·1 answer
  • Land originally purchased for $28,390 is sold for $74,057 in cash. What is the effect of the sale on the accounting equation
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!