1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dedylja [7]
3 years ago
14

When the government imposes price floors or price​ ceilings, A. some people​ win, some people​ lose, and there is a loss of econ

omic efficiency. B. some people​ win, some people​ lose, and there is an increase in economic efficiency. C. everyone​ wins, goods and services distribution is more​ just, and there is a loss of economic efficiency. D. everyone​ wins, goods and services distribution is more​ just, and there is an increase in economic efficiency.
Business
1 answer:
xxTIMURxx [149]3 years ago
5 0

Answer:

The answer is: A) some people​ win, some people​ lose, and there is a loss of economic efficiency.

Explanation:

When the government imposes a price ceiling, some consumers win since they buy cheaper products (lower than equilibrium price) but suppliers lose. Inf the government decides a price floor is better, then customers will lose and some suppliers will win (prices are higher than equilibrium price).

Both price ceilings and price floors cause deadweight loss, decreasing economic efficiency.

You might be interested in
Why are debit cards not listed as money?
PIT_PIT [208]
Why are debit cards not listed as money? B<span>ecause they perform the same function as checks, and checks are counted as money. Debit cards are sometimes called check cards because they are linked directly to a checking account just as writing a check to someone would be. Since they are essentially serving the same purpose as a check, they are not listed as a money source. </span>
5 0
4 years ago
Defining Work
sasho [114]

Answer:

Defining Work  Practice Active  While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's  assistant. This part-time work is an example of  a job

Explanation:

A part-time work taken by Rosa while in school is more or less like a job rather than a career as it is not in line with her course of study in school.

4 0
3 years ago
2) Manufacturing overhead includes: A) all direct material, direct labor and administrative costs. B) all manufacturing costs ex
melisa1 [442]

<u>Answer: </u>Option C

<u>Explanation:</u>

Manufacturing costs are the costs which are involved in the production of the goods. It excludes the direct materials and the direct labor as these factors are not only factors of production but used for other work in the organisation.

The indirect materials used are also included in this overhead which cannot be traced easily. Some of the manufacturing costs are maintenance, repairs on production, heat light, property tax, depreciation and insurance on manufacturing facilities. These costs are also called as factory overhead and factory burden.

6 0
3 years ago
The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 10,319 Accounts
garri49 [273]

Answer:

49 days

Explanation:

Account receivable turnover ratio = Net credit sales / Accounts receivable

Account receivable turnover ratio = $602,000 / $79,922

Account receivable turnover ratio = 7.53

Average collection period = 365/7.53

Average collection period = 48.47277556440903

Average collection period = 49

Thus, firm’s sales uncollected for year is 49 days.

8 0
3 years ago
Which type of incentive makes it more profitable to follow a certain course of action?.
marusya05 [52]

A positive incentive measure is an economic measurement that is designed to promote beneficial activities.

The incentive that makes it more profitable to follow a certain course of action is a positive incentive.

<h3 /><h3>What is a positive incentive? </h3>

A positive incentive defines as a measure is an economic, legal institutional activity that is projected to boost beneficial activities. A positive incentive is a measurement that helps to follow a certain course of action.

It is also defined as the business rewards for producing particular choices or taking definite actions.

<u>Example:</u>

Incentive costs for organic farming, agricultural land set-aside strategies, as well as public or grant-aided land purchases or improvement advantages.

Therefore, the positive incentive makes it more profitable to follow a definite course of action.

Learn more about the positive incentive, refer to:

brainly.com/question/15103242

6 0
3 years ago
Other questions:
  • To reduce the amount of non-recyclable waste that employees throw out each day, a major computer company removed containers for
    12·1 answer
  • Some immigrants have attained success through clusters of small businesses that primarily serve people of the same ethnicity and
    10·1 answer
  • A company has net sales of $752,000 and cost of goods sold of $543,000. its net income is $17,530. the company's gross margin an
    7·1 answer
  • There is a 60 percent chance of low demand and a 40 percent chance of high demand. The corresponding (inverse) demand functions
    15·1 answer
  • Frogue Corporation uses a standard cost system. The following information was provided for the period that just ended:
    11·1 answer
  • You put money into an account that earns a 5 percent nominal interest rate. The inflation rate is 2 percent, and your marginal t
    11·1 answer
  • Section 2-201 of the UCC provides that contracts for the sale of goods for $500 or more are unenforceable unless: a. A written s
    7·2 answers
  • Select the items that describe a monopoly.
    9·2 answers
  • At the beginning of fiscal 2014, Standard Rate Company acquired a small savings and loan association for $68 million. The book v
    14·1 answer
  • Heather owns a two-story building. The building is used 40% for business use and 60% for personal use. During 2018, a fire cause
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!