When a price floor is set higher than the market price for a product, what will result?
The quantity supplied will exceed the quantity demanded.
The quantity demanded will exceed the quantity supplied.
The quantity demanded and the quantity supplied will be equal.
The quantity supplied and the quantity demanded will be unaffected.​

Answers

Answer 1

Answer:

C

Explanation:

me took the test


Related Questions


Brent would like to start a small landscape business this summer. He has a lawn mower, but needs a truck to
carry the lawn mower and other supplies. He has saved $5,700.
Since his uncle knows a lot about trucks, he decides to ask him for some help. His uncle recommends a few
truck models and suggests that he pay attention to how many miles the car has. His uncle reminds him that he
will need to pay for the sales tax and license for the car. Brent sets aside $800 for these expenses. He does
some research and finds the following trucks within his budget:
1996 Ford F150 2000 Toyota Tundra 1998 Chevrolet 1500
red
white
red
8 cylinder
6 cylinder
6 cylinder
automatic
manual
automatic
124,365 miles
106,675 miles
120,325 miles
$4,495
$4,899
$4,795
Brent thinks about how much he will need to pay for car insurance. He thinks that it would be a good idea to get
quotes on auto insurance for the models that he is considering. He also thinks about the truck's gas mileage and
how the truck was rated.

Answers

Answer:

I would buy the 2000 Toyota Tundra. Yes it is the most expensive, but it is the newest so it should require less expense money for problems, it is a manual transmission 6 cylinder so it should get better gas mileage, and it has fewer miles. The rankings of these trucks are not provided, however a Toyota tundra is considered to be a workhorse in the truck. If this is an opinion question, that's my choice.

Explanation:

Which of the following statements is true of partnerships?

Answers

There are no statements attached

What could be a good option available to you if you are
behind on loan payments?
A financial institution may offer for you to pay a
little now and pay the rest after your next pay day.
You can ignore your payments until the financial
institution asks about them.
You can take out a payday loan.
Ask your financial institution to get out of the loan
contract.

Answers

Answer:

A financial institution may offer for you to pay a little now and pay the rest after your next pay day.

Explanation:

Loan is the amount of money lent by a financial institution to it's customers with an agreement for repayment on specified dates. The repayment would include the principal amount and the interest element which represent the gain on the loan granted.

These financial institutions often engage in loan rescheduling; meaning that another agreement will be made with the borrower on how payment will be made if already lagging in payment as agreed. The aim of loan rescheduling is to make the loan payment easy for customers who are behind on loan payments.

It therefore means that the the best option available to a person who is behind on loan payment is that the financial institution might offer the person to pay a little amount now and pay the remaining amount the next pay day.

Cutting down on costs by earning an Associate’s degree first and then transferring to a four-year college or university can be done by going to what type of higher education institution?

Answers

Answer: The options are given below:

A) A local community college.

B) A trade school.

C) A specialized training program.

D). Both b and care correct.

The correct option is A.

Explanation:

In the United States, an associate degree refers to an undergraduate degree which is awarded after a course is completed in a post-secondary study which lasts two or three years.

An associate's degree is an intermediary qualification between a high school diploma or GED and a bachelor's degree.

In the United States educational system, earning an associate's degree can make a person qualified to transfer into the third year of a bachelor's degree.

An advantage of going to a community college is the cheap cost of education, as the tuition fees are far more affordable than going to university.

The average cost for Community College is less than half the cost of taking an equivalent program at a public university while private universities are the most expensive.

What is the most important reason financial information is provided by the major regulatory agencies to investors, depositors, and creditors of banks and financial institutions?

a-so they can regulate the banking industry
b-to manage business operations at the bank
c-to manage financial resources
d-to make informed decisions about banks and their financial condition

Answers

Answer:

d. to make informed decisions about Banks and their financial condition.

Explanation:

Financial regulatory agencies are saddled with the responsibility of providing financial supervision and regulations to Banks and financial institutions. They also maintain integrity in the financial system inorder to boost the confidence of investors, creditors, depositors and the general public.

However, one of the major reasons why financial information is provided by the regulatory agencies to investor, creditors and depositors is to make informed decisions about Banks and their financial conditions.

This means that various groups that have interest in Banks and financial institution are kept abreast of happenings in the financial sector of the economy and are able to know which bank and financial institution is healthy in terms of finances and to know where to invest subsequently.

what is the inflation rate if the price of a chocolate milk shake was $5 last year, but $15 this year? (use NOO to figure the percentage)

A. 150%
B. 200%
C. 100%

Answers

Answer:

B. 200%

Explanation:

I don't know what NOO is, but 200% of 5 is 10.

that means an increase in $10, making it $15.

100% is the inflation rate if the price of a chocolate milk shake was $5 last year, but $15 this year.

What is inflation rate ?

Inflation rate is the rate at which the general level of prices for goods and services is increasing, and subsequently, purchasing power is decreasing.

It is typically expressed as a percentage increase over a period of time, often on an annual basis.

A positive inflation rate means that prices are increasing, while a negative inflation rate (known as deflation) means that prices are decreasing.

Inflation is measured using various indexes, such as the Consumer Price Index (CPI) and the Producer Price Index (PPI).

High inflation rates can have negative effects on the economy, including decreased purchasing power, decreased savings value, and increased uncertainty.

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______is the difference between the early start and the late start days for a given
activity in a network diagram/CPM schedule.

A backward pass

Float

Slack

Duration

Answers

Answer: A backward pass

Explanation: A backward pass in the area of project management refers to the calculation of late finish dates and late start dates for the portions of schedule activities that have not been completed.

Which results are expected in a personality test but not a skills assessment?
patience, problem-solving, human relations
openness, conscientiousness, extraversion
public speaking, assessment, computer skill
computer training, technical writing, business oriented​

Answers

Answer:

The results expected in a personality test but not a skills assessment are:

openness, conscientiousness, extraversion

Explanation:

The reason behind this answer is that in the first place problem-solving is considered a skill, therefore A) option is wrong. Public speaking and assessment are skills also, therefore C) option is wrong. Also, technical writing is a skill and makes the D) option incorrect. Thus, only openness, conscientiousness, and extraversion are personality characteristics. Because they are not skills oriented to evaluate or control something.

Answer:

B

Explanation:

for those of you who don't want to read


A______is a breakdown of a project into its various component parts with the
activities that must be performed for each component.

Work Breakdown Structure

Critical Path

Peak Performance Model

Scheduling Process

Answers

Answer:

work breakdown structure

During the past six months, Ben sold goods that cost $43,500, his
expenses totaled $3,500 and his freight in totaled $1,750. His company's
average stock of goods during the same period was $12,400.
The inventory turnover ratio for Ben's company is
a.) 3.08
b.) 3.93
O c.) 3.51
d.) 3.37

Answers

Answer:

B

Explanation:

b.) 3.93

The inventory turnover ratio can be calculated by dividing the cost of goods sold by the average inventory.

Cost of goods sold: $43,500 + $3,500 + $1,750 = $48,750

Inventory turnover ratio: $48,750 / $12,400 = 3.93

I really could use help

Answers

Answer:

pretty sure its arbitration

Explanation:

I looked up the meanings

hope i helped <3 good luck

What role does competition play in international trade? It results in higher prices. It discourages imports. It drives down prices for consumers. It does away with the need for investment

Answers

Answer:

It drives down prices for consumers.

Explanation:

The role competition plays in international trade is it down prices for consumers.

What role does competition play in international trade?

International trade is when countries exchange goods and services for each other. When a country imports goods from another country, it engages in international trade.

When a country engages in international trade, there is an increase in the number of suppliers of that good. As a result, competition among the various suppliers occur. One of the methods used by competitors is to reduce the price of their goods.

To learn more about international trade, please check: https://brainly.com/question/20492108

Of the four consumer protection groups listed below, identify which groups are government agencies and which are non-
governmental
I. Better Business Bureau
II. Consumer Product Safety Commission
III. Consumers Union
IV. Food and Drug Administration
a. I and II are governmental; III and IV are not.
b. ll and Ill are governmental; I and IV are not.
c. Il and I are governmental; I and III are not.
d. III and IV are governmental; I and II are not.

Answers

Answer:

c. Il and IV are governmental; I and III are not.

Explanation:

A government agency is usually a permanent organization established by either a state or national government in a federal system. They are established by legislative or executive powers for oversight and administration of specific functions. Examples of government agencies are Food and Drugs Administration (FDA), Consumer Product Safety Commission, Intelligence, Finance and Communications agency.

Non-governmental agency usually referred to as NGOs is a non-profit and voluntarily inclined groups which is independent of governmental influence and policies. They're usually set-up for humanitarian purposes.

Examples of non-governmental agencies are Better Business Bureau, Consumers Union etc.

The correct choices for the statement quoted above are that Consumer Product Safety Commission and Food and Drug Administration are government agencies. So, the correct option is C.

Government agencies work for the welfare of the nation and its citizens so that their interests are protected by these agencies and there is a proper redressal and grievances system for such purpose.

Government agencies are such agencies which are formed by a special provision in the law and the constitution and the government whether, central or state, has the supreme control.

There can be no private interventions in the government agencies and they work for the betterment to solve the grievances of the people of the country at any such stage.

The (IV) mentioned above is a authority that keeps an eye on the foods and drugs that are produced for the country for the purpose of human consumption.

Hence, the correct option is C that the II and IV are governmental agencies and the others are non-governmental agencies.

To know more about government agencies, click the link below.

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3. If the government imposes a tax on the production of a good or service, what will happen to the equilibrium price
and quantity of the good?
a. Equilibrium price and quantity will both decrease
b. Equilibrium price and quantity will both increase
C. Equilibrium price will increase and equilibrium quantity will decrease
d. Equilibrium price will decrease and equilibrium quantity will increase

Answers

Answer:

The correct answer to the following question will be Option C.

Explanation:

Equilibrium price will rise while volume will indeed fall if analysts or economists find a commodity to be "natural", a rise in disposable income would result in something like a decline in demand and sale for the product.Like the demand for a strong increase, the quantity began demanding for the provided product should then be that according to the quantity needed.

Other available scenarios have no connection with the particular circumstance. So choice C seems to be the perfect solution to that.

Which of the following most accurately explains why fiat money has value ?

Answers

Answer:

MRCORRECT has answered the question

Explanation:

Fiat money has value because the government declares that it has value.

Can someone help me with my third homework question?

Answers

the answer to this question is 2 the recessions
The correct answer is 2

HAS TO BE A PARAGRAPH PLEASE
You have been put in charge of the taxation of the Mars colony. You need to decide how to tax the citizens of the colony.Will you institute a progressive, regressive, or a flat tax on income? Will you institute excise taxes? If yes, what goods and services will you tax and why? Will you institute sales taxes, property taxes, or VAT on goods?

Answers

Answer:

In a case in which I am put in charge of the Mars Colony taxation, I would institute a progressive tax to charge more taxes on the people who earn more so they can provide more to the development of society. Also, I would set excise taxes because taxes should go in no-basic products to make sure people spend their money on basic products that would allow their development instead of their vices. Also, because those products put life on risk. So I would destine the money taxed on them to programs to provide healthcare strategies to the people affected by them. I would also put taxes on non-essential goods, on certain properties, like the ones above the average house price, and VAT to fund developmental programs.

Explanation:

All right, the explanation for this posture is the following. First, we need to understand that taxes are the contributions the citizens of a certain country make so that the country's government can fund its operations. After having this clear, I would suggest that VAT would be established to allow the government fund with enough resources its programs. Also, I would tax progressively instead of fixed income tax because there will always be a variance in people's income. Therefore, they have to be established progressively. To make sure the policy doesn't affect the ones who have less. Also, the excise tax is very essential because it can withstand the taxes on no-basic products, as well as to make the companies that sell excise products of the damage their products have on people.

why should a person create a budget

Answers

Answer:

To know what things they should buy and how much they should pay

Explanation:

So they can save money, and won’t have to worry about not having the right amount of money they need for something else.

Compare and contrast the goals of command and mixed
market economies. Why are there many more mixed
market economies than command economies in the
world today?
Give your answer in the form of a short paragraph.

Answers

Answer:

Mixed market economies focus on preserving as much freedom to make economic choices as possible. Governments in these economies have limited involvement in managing and regulating the economy. In contrast, command economies are focused most on preserving and requiring equal opportunities, which means governments that greatly regulate the economy. More economic systems are geared toward offering producers and consumers the freedom to make economic choices, so mixed market economies are more common in the world today.

Explanation:

edge 2020

There are the two types of the economies. The market economies are to depend on the demand and the supply. The command economy as the controlled by the government.

What is market?

The term “market” refers to the exchange of commodities and services. A market mainly involves the buyer and seller. There are many types of markets, such as perfect competition, monopoly markets, monopolistic competition, and oligopoly markets. The market economies are the ups and down as the controlled by the government.

Economic activity is classified into market and command economies. Consumer behavior determines demand and supply in market economies. Command economies, on the other hand, are governed by the government. The government set the prices for goods and services.

As a result, the significance of the economies aforementioned.

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A Doing work that directly helps people is production work.
True
False

Answers

Answer:

True I think it depends what's your doing to help the person

Answer:

True

Explanation:

It's true

The unit mentions Amazon as an online retailer that found success in the early days of Internet sales. While there is not much background provided, what can you infer about Amazon based on the fact that it succeeded while Pets.com, a very similar business, collapsed in the same era?

Answers

Answer:

Amazon had prepartions in set in case of any potential collapse to the company in the future.

Explanation:

They were ahead of the curve when compared to Pets.com, by consisting of retailers from all over the world. This feature allowed Amazon to provide and fullfill any need or item of a consumer.

Answer:

Amazon succeeded in the early days of the internet because it found a niche that had a demand for a specific product: books, and made sure to provide a new service: online book selling, as efficiently as possible, taking into account aspects that customers value highly like delivery time, customer assistance, and variety of titles.

Amazon put these principles in practice, and with time, it became larger and larger. Nowadays, Amazon is the largest online retailer in the world, and sells not only books, but practically everything, from food, to technological gadgets, to even cars.

Explanation:

How does a command economy differ from a mixed market economy?


A) In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
B) In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
C) In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
E) In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
PLEASE READ!!! The answer is A) Correct on Edg 2020

Answers

Answer:

A

Explanation:

command econmy

What are two types of financial exchange

Answers

Credit card (Digital) and (physical) Which is with cash


help me answer the questions below..

Answers

Answer:

Florida's natural is best priced per ounce

The next part is what you would prefer. I like me some Tropicana. Mainly because it's easy to come by. The price is fair, and the brand is pretty good.

Answer:

Florida's Natural is priced best per ounce.

Explanation:

Decide this part for yourself. For myself, I buy based on best flavor. The brand and price don't matter to me on Orange Juice. But many people care more about price.

Explain how the journalistic approach can be useful during the prewriting stage?

Answers

Answer:

Please find the explanation below. Thanks.

Explanation:

Journalistic approach is a writing approach that helps to develop information about a topic very quickly and easily. This is because the journalist asks 6 very important questions for which if answered, could speed up a writing.

A journalist usually asks 6 questions and they are: who? What? Where? How? When? Why?

When each of these questions are answered about a topic of writing, it becomes easy to build up the write-up.

For example, Who? Usually answers the questions: Who are the involved individuals? Who is affected? Who are the main persons? Who are the supporting persons?

What? On the other hand answered the question: What is the topic? What is the significance of the topic? What is the basic problem? What are the issues related to that problem?

All other questions asked by the journalist as long as it addresses the aspect of the topic that it should address, then the topic is as good as formed.

Cheers.

An example of a renewable resource is timber, or wood from trees to make paper and other prod
True
False

Answers

true. trees can be replanted aka the resource can be renewed/ replenished
True trees can reaplant

The type of law that deals with relationships between an owner and an agent is
a
common law.
b
agency law.
criminal law.
property law.
d

Answers

Answer:

B. Agency law.

Explanation:

Hope it helps

A manufacturing company plans to forecast its sales. Upper management plans to assemble its most senior personnel to have meetings and provide their opinions about what the company’s sales revenue would be like in the future. The judgment of the senior executives will drive the company’s final sales forecast. Which method of sales forecasting does this example convey? A. Delphi method B. jury of executive opinion method C. moving averages method D. buyer intentions method E. market share method

Answers

Answer:

B. Jury of executive opinion method.

Explanation:

There are several methods of forecasting sales, one of which is Jury of executive opinion method. In this method, senior executives in an organization are called upon by the upper management to analyze, deliberate and come up with what probably will be the future sales of the organization which will in turn drive future revenue.

In as much as the people involved have experience in terms of forecasting, their overall submission will form the basis of future sales forecast of the organization.

Unlike Delphi method which involves the use of experts in analyzing and forecasting future sales and whose procedure is somewhat rigorous and formal, jury of executive opinion is not formal and only rely on the outcome of deliberations done by the managers appointed by the organization.

Other method of sales forecast are market share method, buyer intention method. etc.

Answer:

b) Jury of executive opinion method.

Explanation:

How is a proportional tax different from a progressive tax? Flvs

Answers

Progressive tax is income tax that takes more of a percentage from people with a higher income and less of a percentage from people with a low income. On the other hand, proportional tax is when people pay the same percent of tax regardless of their income.

Which is the best explanation for why organization can leadto academic success ?

Answers

Answer:

Organization. ...

Time Management. ...

Prioritization. ...

Concentration. ...

Motivation.

Explanation:

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