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irinina [24]
3 years ago
10

When a binding price ceiling is imposed on a market to benefit buyers,

Business
1 answer:
Nostrana [21]3 years ago
5 0

Answer:

D

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.

When a binding price ceiling is imposed, there would be an excess of demand over supply. this would lead to a scarcity. As a result, some buyers would not b able to buy any amount of good

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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Hope this might help you.
6 0
3 years ago
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On Kyle Thomason’s $400,000.00 loan, the lender charges a 2-point service charge. In this situation, how much will Kyle have to
bearhunter [10]

Answer:

The answer is C

Explanation:

This is an interest expense.

In accounting, the rule is as follows:

Debit side increases asset and expenses while credit side decreases liability, shareholders' equity and sales or revenue.

Credit side decreases asset and expenses while credit side increases liability, shareholders' equity and sales or revenue.

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$8,000.

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Universal Containers recently deployed a Salesforce Knowledge implementation, but is looking to evaluate the quality of the arti
Helga [31]

Complete question:

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The Consultant recommend to gather information on Knowledge article usefulness should Install Knowledge Base Dashboards and Reports AppExchange package.

Explanation:

They empower the clients with a basis of knowledge and therefore up to 60% more service and support. In fact, you may also get immediate answers to those questions the staff and members of the team need instead of emailing them all using apps for information base.

Skills articles are often used so expertise articles can be used from these options to view themselves in the fields of customer support and to solve consumer cases. The expertise with Sales-force helps agents to create offers from an event.

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3 years ago
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Rudik [331]

Answer:

c. borrowing on its line of credit.

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Line of credit denoted as LOC is a form of borrowing which is known to be a flexible form of taking loans. In this borrowing platform, one can borrow a certain amount of money and still borrow more even without paying the initial dept, this primarily makes it flexible. In giving this loans their a certain factors that aid qualify one in getting access to this loan, and this includes the individual credit score and good usage of his/her online purchasing medium without faulting or breaking codes of conducts.

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3 years ago
"Charles Dow was the original editor of the Wall Street Journal. He was the originator of​ ""Dow Theory,"" which holds that the
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Answer:

Answer is explained in the attachment.

Explanation:

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