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sweet-ann [11.9K]
2 years ago
7

Why does a surplus exist under a binding price floor?

Business
1 answer:
klemol [59]2 years ago
7 0

Answer:

it makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market.

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My boss really does not understand the technical aspects of the job my group is trying to complete. I understand the intricacies
dimaraw [331]

I have emerged as the team leader

4 0
3 years ago
Give the meaning and important aspects of the process of globalisation.​
kherson [118]

Answer:

Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.

There are 4 basic aspects of globalization

1.Dissemination of knowledge.

2.Migration and movement

3.Capital and investment movement

4.Trade and transctions.

Explanation:

1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.

2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.

3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.

4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.

6 0
2 years ago
The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part
wolverine [178]

The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

<h3>What is Fraud?</h3>
  • It is a form of deception or an unlawful gain.
  • It is an intentional form of deception that can have various criminal consequences.
  • There are various kinds of frauds like bank fraud, insurance fraud etc..
  • It is committed with the intention of gaining an unauthorized benefit.
  • it can occur in various domains like finance, real estate, insurance etc.
  • Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: brainly.com/question/20357860

#SPJ4

5 0
1 year ago
What are the cons of a mixed market economy for most citizens?
Romashka [77]

Answer:

It can be very difficult for citizens to start private businesses. Citizens must pay for most basic necessities by themselves. There is no guarantee of steady employment for many citizens. Citizens may pay higher taxes than in other economic systems.

Explanation:

hope i helped

4 0
3 years ago
Read 2 more answers
Help help buissness help help
Elza [17]

Answer:

My best guess will have to be A

Explanation:

most research I did was talking about money stability

8 0
2 years ago
Read 2 more answers
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