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kkurt [141]
3 years ago
8

Price ceilings will likely result in the development of black markets. increase production as producers respond to higher consum

er demand at the low ceiling price. increase the volume of transactions as we move along the demand curve. result in the accumulation of surpluses.
Business
1 answer:
Tasya [4]3 years ago
6 0

Answer: result in the development of black markets.

Explanation:

Price ceilings are limits on the price that can be charged for a good or service. This means that suppliers will be unable to charge a certain price regardless of the cost incurred to produce that good.

Supplier usually respond to this by producing less goods and services which would leave a shortage in the market. This shortage will result in a black market where the prices the good will then be sold at will be higher than the price ceiling as people try to get the now relatively scarce goods and services.

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Answer:  False                                    

Explanation: In simple words, conflict of interest refers to a situation in which any individual or an entity holds the position of authority in which any decision made by him or her can lead to personal benefit at the cost of others loss.

The given statement is false as conflict of interest would only appear when the employees have financial investments in the companies in which they are working as it can lea d to access of materiel non public information or authority to make decisions for personal benefit.

         

8 0
4 years ago
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Identifying and removing employment practices which are working against minority applicants and employees is the affirmative action strategies would involve an employer changing the company policy or the way an organization is decorated.

Affirmative action includes a set of policies and practices within a government or organization which seeks to include particular groups based on their race, gender, sexuality, or nationality.

In no way does affirmative action require an employer to hire an unqualified minority over a qualified non minority, which is important to note. Thus, affirmative actions include outreach efforts, training programs, and other positive steps.  

Hence, affirmative action gives a certain advantage to the minority groups in the recruitment process.

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8 0
2 years ago
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marin [14]

Answer:

The correct answer is A.

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Answer:

???

Explanation:

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