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Anarel [89]
2 years ago
14

g A price ceiling that is set below the equilibrium price _____ . Group of answer choices causes suppliers to lose money creates

a shortgage creates a supplus is non-binding
Business
1 answer:
Allushta [10]2 years ago
6 0

Answer:

creates a shortage

Explanation:

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Because price is set below equilibrium price, demand would outstrip supply and this would lead to a shortage

Effects of a price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product. This increases consumer surplus

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SoldByAir provides drone services to the real estate industry, both residential and commercial. The purchasing manager is gettin
ladessa [460]

Answer:

The indifference point is 22,381 hours a year.

Explanation:

Giving the following information:

SecureAll:

Fixed costs= $900,000

In house:

Fixed costs= (100,000*4) + 30,000= $430,000

Variable costs= $21 an hour

First, we need to structure the cost formula for each option:

SecureAll= 900,000

In-house= 430,000 + 21*x

X= number of hours

Now, to calculate the indifference point, we need to equal both formulas and isolate X:

900,000= 430,000 + 21x

470,000/21= x

22,381= x

The indifference point is 22,381 hours a year.

8 0
3 years ago
Suppose you forecast that the standard deviation of the market return will be 20% in the coming year. If the measure of risk ave
enyata [817]

Answer:

a) 16%

b) 2.25

c) Increase in expected market risk premium

Explanation:

Expected standard deviation of market return = 20%

measure of risk aversion ( A ) = 4

a) Determine a reasonable  expected market risk premium

= A * ( std ) ^2

= 4 * ( 20%)^2

=  16%

b) determine Value of A

market risk premium = A * ( std )^2

∴ A = 9% / ( 20% ) ^2

      = 0.09 / 0.04

      = 2.25

c) If investors become more risk tolerant the expected market risk premium will increase

7 0
2 years ago
To be a kindergarten teacher do you need university
Veronika [31]
There are no specific kindergarten teaching degrees (or kindergarten teaching courses), public school kindergarten teachers are required to haev at least a bachelor's degree in education. These professionals ordinarily major in elementary or early childhood education in a bachelor's degree program.
6 0
3 years ago
To compare two programs for training industrial workers to perform la skilled job, 10 workers are included in an experiment. All
Alex17521 [72]

If we compare the p value and the significance level assumed  we see that  so we can conclude that we have enough evidence to reject the null hypothesis, and we can conclude the the true mean for method 1 is lower than the mean for the method 2 at 5% of significance.

<h3>Data given and notation</h3>

We can calculate the sample mean and deviation with these formulas:

represent the mean for the sample mean for 1

represent the mean for the sample mean for 2

represent the sample standard deviation for the sample 1

represent the sample standard deviation for the sample 2

sample size selected 1

sample size selected 2

represent the significance level for the hypothesis test.

t would represent the statistic (variable of interest)

represent the p value for the test (variable of interest)

State the null and alternative hypotheses.

We need to conduct a hypothesis in order to check if the average time taken when training under method 1 is less than the average time for Method 2, the system of hypothesis would be:

<h3>Null hypothesis:</h3>

Alternative hypothesis:

If we analyze the size for the samples both are less than 30 so for this case is better apply a t test to compare means, and the statistic is given by:

(1)

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine whether the means of two groups are equal to each other".

Calculate the statistic

We can replace in formula (1) the info given like this:

 P-value

The first step is calculate the degrees of freedom, on this case:

Since is a one sided test the p value would be:

To learn more about  null hypothesis visit the link

brainly.com/question/16261813

#SPJ4

5 0
1 year ago
16. Physical units accounted for are 160,000. Total conversion costs are $387,100. There are 4,000 units in ending inventory whi
Archy [21]

Answer: $2.39

Explanation:

Physical units accounted for = 160,000

Conversion cost = $387100

Number of units will be:

= 160,000 + 50%(4000)

= 160000 + 0.5(4000)

= 160000 + 2000

= 162000

Conversion cost per unit will be:

= 387100 / 162000

= $2.39

6 0
3 years ago
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