In economics, is a table of the quantity demanded of a good at different price levels. Given the price level, it is easy to determine the expected quantity demanded.
Answer:
A. More people will try to visit the doctor, but there will be fewer doctors willing to see patients at that price.
Explanation:
Since the government decides to impose a price ceiling that is below the market price, the number or the demand of people willing to see the doctors will increase exponentially as a result. Invariably, the number of doctors willing to see patients at the price lower than the market price will reduce. When government imposes price ceiling on goods and services like this, they assume the market prices to be too high, hence too expensive for the consumers to afford. Of course, with reduction in price comes an increase in demand, but the producers or the people that offers the services wouldn't want to render those services or sell those goods below market prices.
I believe it is "reliability!" Hope this helps :)
Answer:
If the asset’s book value exceeds the proceeds received from disposal by sale, the company records a gain.
Explanation:
All of the other options are true except for this option;
If the asset’s book value exceeds the proceeds received from disposal by sale, the company records a gain.
It is expected that the company should record a loss rather.
Hence, If the sales of a plant asset exceeds its book value, the company records a gain.
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
Par value of bond = $10,000
Coupon rate Annual = 5%
So, Coupon rate semi annual = 2.5%
Inflation rate semi annual = 2%
So, we can calculate the coupon payment for six months by using following formula:
New par value of bonds after inflation = $10,000 + ( $10,000 × 2% ) = $10,200
So, Coupon payment = New par value × Coupon rate semi annual
= $10,200 × 2.5%
= $255