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
saveliy_v [14]
3 years ago
8

f a price floor of $15 is imposed on this market and the government chooses to purchase the surplus, the government must buy ___

__ units of the good and spend a total amount of _____ on its purchase.
Business
1 answer:
zlopas [31]3 years ago
8 0

If a price floor of $15 is imposed on this market and the government chooses to purchase the surplus, the government must buy <u>10</u> units of the good and spend a total amount of <u>$150</u> on its purchase.

<u>Explanation</u>:

According to the given figure, a surplus of the good will result if the price is $15. The government has a total amount of $150. If it decides to spend the total amount on purchasing, the government should buy 10 units of goods.

As the price of each good is $15 and the total amount with the government is $150.

On calculating with the given information,

150/15= 10

So the government can buy 10 units of goods for the total amount of $150.

You might be interested in
HELP ME PLEASE************
ratelena [41]

Answer:

The 1st one because I would want the product to be okay for me to use and not under pay for something that will harm me.

Explanation:

It is just plain facts!!!

6 0
3 years ago
Read 2 more answers
Question #1
Gnesinka [82]
Trueeeeeee

Lolololol
8 0
2 years ago
A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individ
sleet_krkn [62]

Answer:a.

It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

Explanation:

A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individual who paid for the bond in cash and the bank placed this cash in its vault, by how much would the money supply change as a result  -  It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

The money supply is the entire stock of currency and other liquid instruments circulating in a country's economy and is given by the formula:

MONEY SUPPLY = RESERVES X MONEY MULTIPLIER

Therefore the bank reserves increasing in the scenario will increase money supplier by the effect of the money multiplier or the reciprocal of the required reserve ratio.

5 0
3 years ago
Haskins Textile Co. manufactures a variety of fabrics. All materials are introduced at the beginning of production; conversion c
aliya0001 [1]

Answer:

D. 13,000.

Explanation:

The computation of the equivalent units of direct materials for April month is given below

= Number of units completed + ending units remained in production × completion percentage

= 9,000 units + 4,000 units × 100%

= 9,000 units + 4,000 units

= 13,000 units  

All the other information that is mentioned is not relevant. Hence ignored it

5 0
3 years ago
Buzz’s Florida Division is currently purchasing a part from an outside supplier. The company's Georgia Division, which has exces
Ghella [55]

Answer:

correct option is A. $23

Explanation:

given data

variable cost = $27

selling price = $39

variable cost internal transfers = $4

to find out

Georgia would establish a transfer price

solution

we know that Georgia have excess capacity and sales to outsiders  also not affect here even it transfer to florida

and transfer price is variable cost and reduce variable cost

so here

transfer price = variable cost - internal transfers  

transfer price = $27 - $4

transfer price = $23

so correct option is A. $23

3 0
3 years ago
Other questions:
  • Stellar Plastics is analyzing a proposed project with annual depreciation of $19,500 and a tax rate of 34 percent. The company e
    6·1 answer
  • Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
    6·1 answer
  • In modern corporations—especially those in the United States and the United Kingdom—a primary objective of corporate governance
    11·1 answer
  • In year 1 the average price of X is $10, and in year 2 the average price of X is $23. Still, consumers buy more units of X in ye
    6·1 answer
  • In 2019, Alliant Corporation acquired Centerpoint Inc. for $548 million, of which $98 million was allocated to goodwill. At the
    12·1 answer
  • Scenario 1: Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the interest income earned
    10·1 answer
  • At contract maturity the value of a call option is ___________, where X equals the option's strike price and ST is the stock pri
    6·1 answer
  • 6. A radio station that carries news, features, and editorial opinions about
    11·1 answer
  • The cost, in dollars, to produce x designer dog leashes is C ( x ) = 8 x + 3 , and the price-demand function, in dollars per lea
    12·1 answer
  • Stocks offer an expected rate of return of 18% with a standard deviation of 22%. Gold offers an expected return of 10% with a st
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!