A good example of a government-imposed-price ceiling is: rent controls.
<h3>What is a Price Ceiling?</h3>
Price ceiling refers to the maximum amount of a good or service that is imposed by the government. It is useful in preventing the exploitation of the economy by entrepreneurs.
An example of a government-imposed-price ceiling is rent control. The government could impose a maximum amount for rentals to prevent exploitation by landlords.
Learn more about price ceilings here:
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Answer:
The correct answer is the steam-powered printing press.
Explanation:
On November 28, but in 1814, a world steam press operated for the first time and went to edit the Times newspaper in London. The first was invented by German Frederick Koenig, but Willian Nicholson had developed rotary inking. Until the appearance of these inventions, the only existing machines were powered by the wind, water and muscles of men and animals.
Frederick Koenig, was born in 1744, in Leipzig (Germany). He, like Gutenberg, was obsessed with printing. He wanted to find a system that would allow more rapid printing and less work, but he also had no money and needed a capitalist partner to carry out his ideas.
Koenig's press was a steam printing machine. The shape remained on the stage, it moved thanks to the energy of the steam, made the sheet of paper I was printing, and then withdrew. This meant that the sheets of paper could be placed in place and removed without interruption.
Answer:
The correct answer is B) Buyer Intentions Method also known as <em>Consumers' Buyer Plan.</em>
Explanation:
This plan involves approaching customers to elicit information from them about their likelihood to make purchases during a particular period. It is most effective when the number of customers is small relative to the ability of the business to reach out to them.
A sales forecast based on this method has several demerits such as:
- The customers may change their minds anytime without consultation with the business
- It is an uneconomical way to do a forecast when the client base is large
- Predicting sales over the long-run using this method is statistically impossible
It has a few merits in that the information is obtained first hand from the consumers or buyer and the real intentions of the buyers at the time of collecting information is known.
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When you are living alone, in collage, or have a job that has a small amount of money you get paid for.
Answer:
primary source of law, oral, and repetitive
Explanation:
In legal terms, custom and usage is a doctrine widely used in commercial law, since they are a long established practice which many courts consider unwritten laws. Laws are formal and always written, but custom and usage is not formal nor written.
Usage refers to the general repetition of a certain act, while custom refers to the rules that result from such repetitions and usage.