Answer:
1) It is a price floor which is binding as employeer cannot hire teenagers willing to work below 24 dollars per hour
2) it is a price celling and is biding as the current equilibrium price is 3.00 There will be shortage as demand will icnrease for the lower price but supply decrease as it is not as profitable
3) it is a price floor which is also binding as the equilibrium is at 3 dollars the supplier will have to increase price and sales volume will be lower as demand will drop
Explanation:
Starbucks repurchased over $1.4 billion of its common stock in 2015. How did this repurchase affect Starbucks' ROE?
Based on the question provided above, there are no choices
provided and I have found a similar question that has its choices which are;
-
Use only complex sentences
-
Correct run-on sentences
-
Correct fragments
-
Use only simple sentences
-
Reduce sentence lengths
With the given choices, the correct answers are the
following;
-
Correct run-on sentences – run on sentences
should be corrected in order for the faulty sentences to be improved and revise
as they contain two or more main clause or independent clause in which are
being joined without any word to correct them and by this, it makes the readers
confused.
-
Correct fragments – fragments should be
corrected as these are sentences that are incomplete that makes the content of
an information to lose its value as the information is incomplete.
-
Reduce sentence lengths – it is best to reduce
sentence lengths so that the readers won’t find the reading material boring to
read at and in the same time, make it more easy and attractive to read
