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2 years ago

Consider again the price control described in the last question. Let's assume that the price control

1 answer:

3 0

If it is a binding price floor, when the law is repealed, quantity demanded increases and quantity supplied decreases.

If it is a binding price ceiling, when the law is repealed, quantity demanded decreases and quantity supplied increases.

<h3>What is a price floor and a price ceiling?</h3>

A price floor is when the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.

Price ceiling is when the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

To learn more about price floor, please check: brainly.com/question/26551616

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Debra, age 51, is self-employed and has never made a lot of money. But, she has consistently saved $4632 per year into a traditi

KiRa [710]

Answer:

D. $221072.

Explanation:

In this question, we use the future value formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Present value = $0

Rate of interest = 5%

NPER = 25 years

PMT = 4,632

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the answer would be $221,071.92

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3 years ago

Citrus Inc., a leading Internet service provider, provides its top managers with a bonus every year. However, this year the comp

barxatty [35]

Answer:

Extinction

Explanation:

Contingency of extinction occurs when previously reinforced behaviours are removed or changed as a result of changes in the environment. In this scenario, the behaviours that was changed in the current year was the payments of bonuses to top managers. The changes in the environment was the poor performance and average stock price dropping. It resulted in the top managers not receiving their annual bonuses this time.

4 0

3 years ago

Read 2 more answers

The main monitoring and controlling tasks performed as part of project ____ management include monitoring and controlling projec

Vinil7 [7]

I believe it would be scope

4 0

3 years ago

In 2016, Carow sold 3,000 units, at $500 each. Variable expenses were $250 per unit, and fixed expenses were $500,000. The same

photoshop1234 [79]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

In 2016, Carow sold 3,000 units, at $500 each. Variable expenses were $250 per unit, and fixed expenses were $500,000.

The same selling price is expected for 2017. Carow is tentatively planning to invest in equipment, that would increase fixed costs by 20% while decreasing variable costs per unit by 20%.

First, we need to calculate the ner fixed and variable costs:

Fixed costs= 500,000*1.20= $600,000

Variable costs= 250*0.8= $200

Now, we can calculate the break-even point:

Break-even point= fixed costs/ contribution margin

Break-even point= 600,000 / (500 - 200)= 2,000 units

5 0

3 years ago

Dave's marketing research returned the finding that customers were staying away from his bookstore because of a lack of services

-BARSIC- [3]

Answer: Knowledge gap

Explanation:

The knowledge gap is one of the concept that helps in explaining the lack of knowledge about the specific concept and by identifying our own abilities, skills and knowledge we can easily identity our main factor of the lack of knowledge.

According to the given question, Dave is basically suffering from the knowledge gap as Dave is unaware about the fact that why people are satisfying away from his store.

Based on the marketing research method he analyze that due to the lack of various types of services such as no return policies, gift cards offers and also the various types of special discount offers the people shows no interest in his book store.

Therefore, Knowledge gap is the correct answer.

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3 years ago