Business, 04.12.2019 22:31 tainy98

Why is it often difficult to remove a binding price floor after it exists? choose one:

a. in general, because consumers benefit from larger products and would lobby their elected officials to keep the price control.

b. in general, because consumers benefit from higher quality products and would lobby their elected officials to keep the price control.

c. in general, because it has little effect on the market price and people forget about it.

d. in general, because consumers benefit from the lower prices and would lobby their elected officials to keep the price control.

e. in general, because sellers benefit from higher prices and would lobby their elected officials to keep the price control

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 19:30

The selling price of houses would be most likely to decrease if there were first a decrease in which of the following? a. new-housing construction. b. mortgage interest rates. c. the unemployment rate. d. construction workers' wages. 2b2t

Answers: 1

Answer

Business, 21.06.2019 20:40

Balances for each of the following accounts appear in an adjusted trial balance. identify each as an asset, liability, revenue, or expense. 1. accounts receivable 2. equipment 3. fees earned 4. insurance expense 5. prepaid advertising 6. prepaid rent 7. rent revenue 8. salary expense 9. salary payable 10. supplies 11. supplies expense 12. unearned rent

Answers: 3

Answer

Business, 22.06.2019 19:50

At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)

Answers: 2

Answer

Business, 23.06.2019 02:00

Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:

Answers: 2

Answer

You know the right answer?

Why is it often difficult to remove a binding price floor after it exists? choose one:

Questions