Answer:
The answer is: B) Price ceilings generate shortages. Consequently, the consumers who obtain the product at a lower price win, but other consumers will lose because they would like to purchase the product but are unable to because of a shortage.
Explanation:
A price ceiling generates shortage because it doesn´t allow an equilibrium point to be reached where demand will equal supply. As the price is artificially set down, there is more demand for the product than what is supplied. That is the result of suppliers not willing or being able to supply enough product due to its low price.
I don’t understand this question
Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convinces the engine parts company, a competitor, to do the same. this is a group boycott.
Under competition law, a group boycott is a type of secondary boycott, unless two or more competitors in the relevant market agree to deal with an actual or potential competitor of the boycotting firm. Refuse to do business with the company.
Example: The FTC challenged the actions of several groups of competing health care providers, such as physicians, and refused to do business with insurance companies or other purchasers on terms other than those mutually agreed upon. That amounted to a group boycott of the illegal group.
Learn more about group boycott here: brainly.com/question/13894564
#SPJ4
Answer: $3186
Explanation:
The interest expense that will be recorded on June 30, 2021, the first interest payment date will be calculated as:
= Issue price × Yield price × 1/2
= $91035 × 7% × 1/2
= $91035 × 7/100 × 1/2
= $91035 × 0.07 × 0.5
= $3186
Answer:
$90,000; $18,000; $37,500; $34,500
Explanation:
Total contribution to GDP:
= Number of bicycles produces × Selling price of each
= 300 × $300
= $90,000
Value added by Firm T is calculated as follows:
= value of tires sold to Firm B
= Selling price of each tire × No. of tires produced
= $30 × 600
= $18,000
Value added by Firm F is calculated as follows:
= Value of bicycle frames sold to Firm B
= Selling price of each bicycle frame × No. of bicycle frames produced
= $125 × 300
= $37,500
Value added by Firm B:
= Value of bicycles sold to consumers - Cost of purchasing tires from Firm T - Cost of purchasing bicycle frames
= ($300 × 300) - $18,000 - $37,500
= $90,000 - $18,000 - $37,500
= $34,500
