Aloss in the current period on a contract expected to be profitable upon completion in a later year )recognized only under the completed-contract method.(b)not recognized under either the completed-contract method or the percentage-of-completion method.(c)recognized under both the completed-contract method and the percentage-of-completion method.(d)recognized only under the percentage-of-completion method.

a

b

b

a

c

b

d

d

none of these are correct, as they are all sources of american law

a

answerblank(1) //inferiorblank(2) ramen noodles;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.