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
nlexa [21]
3 years ago
6

Governments often implement price ceilings to protect consumers from the high prices of essential goods and services that freque

ntly
follow natural disasters. One unfortunate side effect of these price ceilings is that they will likely (1 point)
fallinn to their poilibrium level
Business
1 answer:
algol133 years ago
7 0

Price ceiling are measure employed by government to help the consumers by mandating a maximum price that the seller must charge for a product or service.

  • The measure of imposing price in market are rare but are notably used during natural disasters.

  • Price ceiling helps to prevent the producers from exploiting the consumers.

In conclusion, the major disadvantage of price ceiling is that when a price ceiling is set below the equilibrium price, the quantity demanded will exceed quantity supplied, thus, this will result to excess demand of goods and shortage in the market.

Learn more about Price ceiling here

<em>brainly.com/question/8868002</em>

You might be interested in
Phoenix Guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and
jok3333 [9.3K]

Answer:

Option A

Explanation:

In simple words, Regardless of the expense of making guitars, the technique reduces the total cost of manufacturing a instrument. Phoenix would be in the production business of instruments, not pickups.

The target of this technique is therefore the entire guitar, not really the pickups. The smaller the process of manufacturing their instruments, the better manoeuvrability they have on the market. When they have reduced costs, they may change rates downwards in order to capture further market penetration.

5 0
3 years ago
Wilson Co. has three segments -- Tennis, Golf, and Fishing. The Tennis segment is currently producing 2,000 units annually. The
frutty [35]

Answer:

$400,000

Explanation:

Calculation to determine the differential revenue if Wilson Co. were to eliminate the Tennis segment

Differential revenue= $200x2,000 units

Differential revenue= $400,000

Therefore the differential revenue if Wilson Co. were to eliminate the Tennis segment will be $400,000

6 0
3 years ago
When the Fed sells government securities, the banks':
kykrilka [37]

Answer:

The correct answer is option B.

Explanation:

When the Federal reserve bank sells government securities, the banks will purchase them and pay back fed. This payment is made out of banks' reserves. This causes the reserves to decrease.  

As reserves decline, the banks will be able to provide fewer loans. Consequently, this decrease in lending will further cause the money supply to decrease.

3 0
3 years ago
Which type of data do researchers collect the personal interviews?
STALIN [3.7K]

Answer:

The correct answer is "Face-to-face interviews".

Explanation:

  • Face-to-face surveys or interviews are an important way of gathering information used throughout survey methodology.
  • Throughout these interviews, research teams are collecting location information from participants across one cooperation or bonding. This method of collecting information seems to be unique or even just highly personalized.
7 0
3 years ago
Susan Mbaya is an employee of Mauzo Ltd. She has provided the following details pertaining to
tatuchka [14]

Answer:

I don't know the answer to that question sorry

8 0
2 years ago
Other questions:
  • A​ 12-cylinder heavy-duty diesel engine will have a guaranteed residual value of​ $1,000 in five years. Today​ (year 0) the equi
    8·1 answer
  • You have ​$. You put ​% of your money in a stock with an expected return of ​%, ​$ in a stock with an expected return of ​%, and
    14·1 answer
  • Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $56,496, invested assets of $214,000, and sal
    10·1 answer
  • Your employer contributes $60 a week to your retirement plan. assume you work for your employer for another 20 years and the app
    7·1 answer
  • Which of the following positions would be considered a human resource specialist?
    11·1 answer
  • Presented below are the components in Gates Company’s income statement. Determine the missing amounts. Sales Revenue Cost of Goo
    14·1 answer
  • The accounting principle that guides accountants, when faced with a recognition dilemma, to choose the alternative that produces
    11·1 answer
  • Yeager Corporation has used regression analysis to perform price elasticity analysis. In doing so management regressed the quant
    14·1 answer
  • Who will win the fight tomorrow jake paul or ben askren <br> winner gets brainlest
    6·2 answers
  • Answer answer answer answer answer answer answer ​
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!