3 years ago

Which of these keeps prices below equilibrium? A. Minimum price B. Price floor C. Minimum-wage laws D. Rent-control laws

1 answer:

8 0

The question ask on which of the following choices keeps prices below equilibrium and based on my research and further understanding i came up with an answer of letter D. Rent control laws because they are laws that set a limit on how high rent can be.

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Which two advantages do renters have that home buyers don’t have?

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C) Renters don’t have to pay for major repairs to the property.

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3 years ago

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Morrow City Inc. manufactures small flash drives and is considering raising the price by 75 cents a unit for the coming year. Wi

JulsSmile [24]

Answer:

Operating profit is projected to be $35,100

Explanation:

Morrow City International

Analysis of the Current and Projected demand to determine the Operating Profit

Particulars Current Projected Changes in

Demand Demand Demand

Selling price $8.50 $9.25 0.75

Less: Cost Price $5.80 $5.80 0

Contribution $2.7 $3.45 0.75

Margin

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Total $213,300 $248,400 $35,100

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Note: Total contribution = Unit sold * Contribution margin

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3 years ago

Inâ€‹ 2011, Kendallâ€‹ Ford, an automobileâ€‹ dealership, spentâ€‹ $20,000 on a new car lift for its repairâ€‹ shop, $2,000 on a

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Answer:

$522,000

Explanation:

The computation of the Kendall Ford's total investment spending in 2018 is shown below:

= Dealership spent + repairing cost + unsold cars and trucks were valued i.e closing cost - unsold cars and trucks were valued i.e opening cost

= $20,000 + $2,000 + $900,000 - $400,000

= $522,000

The $600,000 would be ignored and the rest cost are taken for the computation

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3 years ago

Terri davis is planning to buy a new car. While on the internet she learned that the car has a base price of $16,007, options th

eduard

I’m pretty sure that the answer is 17,621.66

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3 years ago

A house is appraised for $25,000, and shows an assessed value of $20,000. The taxes on the house are $300 annually. What would t

pashok25 [27]

Answer:

$600

Explanation:

In this situation, first we have to know that tax levy on assessed value.

Computation of tax rate:

Appraised Value = $25,000

Assessed value = $20,000

Tax = $300

Tax rate = ($300 / $20,000) x 100 = 1.5%

Assume Appraised Value = $45,000

Assume Assessed value = $40,000

Calculation of tax value = Assessed value x tax rate

= $40,000 x 1.5%

= $600

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3 years ago