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hodyreva [135]
3 years ago
10

Suppose the federal government provides wheat farmers with a price floor above the market equilibrium price of wheat, creating a

surplus. Which of the following causes a reduction in the surplus of wheat?
a. A decrease in the market equilibrium price of wheat
b. A decrease in the demand for wheat
c. An increase in the supply of wheat
d. Elimination of the price floor
Business
1 answer:
stealth61 [152]3 years ago
5 0

Answer:

D. Elimination of the price floor

Explanation:

A lowered priced goods facilitates increased quantity demanded but a decreased quantity of a specific goods/product supplied brings about reduction in surplus.

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6. Which of the following is not a service quality attribute?
Ierofanga [76]

Answer:

search qualities

Explanation:

this is the correct answer

3 0
2 years ago
Read 2 more answers
As a manager or owner, what insight can accounting information about accounts receivable and bad debts provide you to help make
pychu [463]

The information that a manager or an owner can get by having an insight into the accounting information about accounts receivable and bad debts is how much amount of goods are sold to the consumers on credit and how much is the amount that the consumers are not able to pay for the goods that they had bought.

It will also help to decide how much of a provision is required to be kept in advance for bad debts. If a company has a high amount of accounts receivable but a small number of bad debts then it shows that the company is efficient in doing the credit sales and gives goods on credit only to those consumers who can give the debt back.

The manager or the owner can decide that they can do more credit sales as there is less chance of it becoming worse. If a company has a high amount of accounts receivable and a high amount of bad debts then it shows that the company is inefficient in doing the credit sales and gives goods on credit to consumers without a surety of getting the debt back.

The manager or the owner can decide that they cannot do more credit sales as there is more chance of it becoming worse.

Learn more about accounting information here brainly.com/question/26261281

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6 0
1 year ago
A corporation declares a 5% stock dividend that's payable on Thursday, October 18. If the record date is Wednesday, October 3, t
Y_Kistochka [10]

A corporation declares a 5% stock dividend that's payable on Thursday, October 18. If the record date is Wednesday, October 3, the ex-date for this distribution is Tuesday, october 2.

A corporation is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now permit the formation of new companies by registration.

Many, but not all, companies are stock companies and vice versa. A company or other company may attempt to incorporate. As a corporation, a company exists as a separate legal entity from its owners. Above all, this means that the owner cannot be held responsible for the company's debts.

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3 0
2 years ago
Jeffrey Dean, a Master's Degree candidate at North State Central University, was awarded a $15,000 scholarship from North State
NARA [144]

Answer: $7500

Explanation:

It should be noted that the gross income exclusion towards a scholarship will consist of the education related expense and the tuition only.

In this case, the income that was earned which is $6000 and the room and board expense of $1500 will be added which makes $7500. Therefore, the amount that must be included in Dean's gross income is $7500.

6 0
3 years ago
Justin is in charge of the central region, with several dozen stores reporting to him. Last year, he analyzed sales data for dem
BlackZzzverrR [31]

Answer:

Letter A is correct. <u>Justifying past decisions.</u>

Explanation:

Alternative A is correct, as Justin is justifying past decisions in order to find arguments to support a failed decision.

When a decision does not meet the expected expectations, it is common for the individual to seek information and justifications to support his point of view on a particular decision, so in order to be able to justify himself about a failure, they avoid information that contradicts them.

In this case, the information is collected and interpreted according to the individual perspective.

3 0
3 years ago
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