Answer:
D) South American cocoa bean producers refuse to ship to chocolate producers in the US.
Explanation:
A nonbinding rice ceiling means that the equilibrium price is below the price ceiling, so it will have no effect in real life. In order for the price ceiling to become binding and start to negatively affect the market, the equilibrium price must increase.
The only option that would increase the equilibrium price is option D, since the shortage of a key input will probably result in an increase in the price of the key input. If the price of a key input increases, the cost of producing chocolate will increase, resulting in a leftward shift of the supply curve.
A leftward shift of the supply curve will decrease the total quantity supplied and it will increase the price of chocolate at every level of quantity demanded. This will result in an increase in the equilibrium price which might ultimately change the price ceiling from nonbinding to binding.
Major's best course of action at this time would be to contact the Better Business Bureau.
<h3>What is money-back guarantees?</h3>
- A money-back guarantee, also known as a satisfaction guarantee, is essentially a simple guarantee that a buyer will receive a refund if he or she is dissatisfied with a product or service.
- Money-back guarantees are not required by law in the United States. A seller, on the other hand, may advertise a money-back guarantee only if they offer a full refund of the purchaser's money and clearly state all requirements and limitations that apply.
- Perhaps the most significant benefit of providing a money-back guarantee is that it lowers the barrier to purchase by instilling trust in the customer.
- By putting customer satisfaction first, it can convert more sales in the long run. Costco is one company that has a successful and transparent money-back guarantee policy.
To learn more about money-back guarantees, refer to:
brainly.com/question/22596158
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Answer:
The amount of gain or loss should be recorded on this exchange: b. $8,000 gain
Explanation:
Book value of the old sailboat = old sailboat's cost - accumulated depreciation = $110,000-$22,000 = $88,000
Trade-in allowance of the old sailboat - Book value of the old sailboat = $96,000 - $88,000 = $8,000 >0
Hunter Sailing Company only paid $28,000 in addition to the old sailboat to acquire the new sailboat.
Therefore, the company should record gain on this exchange of $8,000
Answer:
The correct answer is False.
Explanation:
The disadvantages of deflation are basically the reduction of economic activity, the increase in unemployment, the increase in economic uncertainty, the increase in real interest rates due to falling prices, falling demand.
The danger of this situation comes from how difficult it is to get out of it, since a vicious circle is created by which when demand falls, companies are reduced their profits by having to reduce prices to get sales, as a result , they have to reduce costs, which means they have to cut jobs. In turn, if there are people who run out of work, demand will continue to decrease as they will stop buying as well.
