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Natasha_Volkova [10]
3 years ago
13

If the market price of burgers is $8 and the government sets a legal minimum at $9, the government has imposed a price Use lette

rs in alpha-betical order to select options:
A floor that is not binding.
B ceiling that is binding.
C ceiling that is not binding.
D floor that is binding.
Business
1 answer:
Dafna1 [17]3 years ago
3 0

Answer:

D, floor that is binding

Explanation:

floor that is binding means that the government sets a required price that is at prive above equilibrium

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The supply schedule is identical to the demand schedule at every price. b The quantity demanded is the same as the quantity supp
ale4655 [162]

Answer:

B, The quantity demanded is the same as the quantity supplied.

Explanation:

Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.

6 0
3 years ago
A company must decide between scrapping or reworking units that do not pass inspection. The company has 13,000 defective units t
gregori [183]

Answer:

A.Incremental income(loss)

Sales as scrap $39,000

Rework $41,600

B.The company should REWORK

Explanation:

A. Sales as Scrap Rework

Sales of scrap units ($13,000×3.00)

$39,000

Sales of rework units ($13,000×8.20)

$106,600

Cost to rework units($13,000×5.00) $65,000

Incremental income(loss)

$39,000 $41,600

B.Therefore the company should REWORK

($106,600-$65,000)

=$41,600

8 0
3 years ago
Natural risks would be examples of
Lisa [10]
B I think I hope I'm right if not sorry
3 0
3 years ago
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Training workers to do their jobs properly and working with suppliers to improve the quality of material they supply to you are
rjkz [21]
Making your buisiness better
5 0
3 years ago
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You have a $15,000 portfolio which is invested in Stocks A and B, and a risk-free asset. $6,000 is invested in Stock A. Stock A
DerKrebs [107]

Answer:

$7073.68

Explanation:

Data provided in the question:

Worth of portfolio = $15,000

Amount invested in stock A = $6,000

Beta of stock A = 1.63

Beta of stock B = 0.95

Beta of portfolio = 1.10

Now,

Beta portfolio = ∑(Weight × Beta)

let the amount invested in Stock B be 'x'

thus,

1.10 = [($6,000 ÷ $15,000 ) × 1.63] +  [( x ÷ $15,000 ) × 0.95 ]

or

1.10 = 0.652 + [( x ÷ $15,000 ) × 0.95 ]

or

0.448 = [( x ÷ $15,000 ) × 0.95 ]

or

x = ( 0.448 × $15,000 ) ÷ 0.95

or

x = $7073.68

6 0
3 years ago
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