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3 years ago

A government policy that sets the highest price that can be charged for a good or service is a __________.

Business

1 answer:

trasher [3.6K]3 years ago

3 0

Answer:

B. price ceiling.

A government policy that sets the highest price that can be charged for a good or service is a price ceiling.

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500+400-15+40-5+500000-200+500

Vikki [24]

The answer is 501220.

8 0

3 years ago

WILL GIVE BRAILIEST

Korvikt [17]

C. Current status and intermediate goals

5 0

3 years ago

Suppose a farmer in Georgia begins to grow peaches. He uses $1,000,000 in savings to purchase land, he rents equipment for $1

mina [271]

Answer:

-$475,000

Explanation:

Total revenue = Baskets of peaches × Price

= 100,000 × $3

= $300,000

Explicit cost:

= Rent equipment + wages

= $100,000 + $100,000

= $200,000

Implicit cost:

= Land × Interest + salesman earned

= $1,000,000 × 0.55 + $25,000

= $575,000

Total cost = Explicit cost: + Implicit cost

= $200,000 + $575,000

= $775,000

Economic profit = Total revenue - Total cost

= $300,000 - $775,000

= -$475,000

8 0

3 years ago

Taxable income and pretax financial income would be identical for Skysong Co. except for its treatments of gross profit on insta

inessss [21]

Answer:

See the journal entry below.

Explanation:

Before preparing the journal entry, the following are calculated first:

Income tax expense in 2019 = (Taxable income in 2019 * Tax rate in 2019) + (Taxable income in 2020 * Tax rate in 2020) + (Taxable income in 2021 * Tax rate in 2021) = ($158,000 * 40%) + ($195,000 * 45%) + ($92,100 * 45%) = $193,395

Deferred tax liability in 2019 = (Taxable income in 2020 * Tax rate in 2020) + (Taxable income in 2021 * Tax rate in 2021) = ($195,000 * 45%) + ($92,100 * 45%) = $129,195

Income tax payable in 2019 = Taxable income in 2019 * Tax rate in 2019 = $158,000 * 40% = $63,200

Income tax payable in 2020 = Taxable income in 2020 * Tax rate in 2020 = $195,000 * 45% = $87,750

Income tax payable in 2021 = Taxable income in 2021 * Tax rate in 2021 = $92,100 * 45% = $41,445

The journal entry will look as follows:

Date General journal Debit ($) Credit ($)

31 Dec 2019 Income tax expense 193,395

Deferred tax liability 129,195

Income tax payable 63,200

(To record income tax payable.)

31 Dec 2020 Deferred tax liability 87,750

Income tax payable 87,750

(To record income tax payable.)

31 Dec 2021 Deferred tax liability 41,445

Income tax payable 41,445

(To record income tax payable.)

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2 years ago

The effects of ____ are not sufficiently strong to manipulate consumers, alter their preferences, or make the ad more memorable,

katrin2010 [14]

Answer:

Subliminal stimuli

Explanation:

Subliminal stimuli is defined as a stimulus that is below the sensory capacity of an individual. It is below the threshold where the individual can perceive that there is a change in something. For example if a company is producing potato chips and they want to increase salt content.

The point at which the consumer starts to notice a change in salt content of the potatoe chips is above the subliminal stimuli.

Although subliminal stimuli is not readily perceived it can unconciously influence consumer behaviour.

3 0

2 years ago

Read 2 more answers