subject
Business, 31.12.2019 03:31 poptropic7932

Suppose the government imposes a price ceiling above the equilibrium price of a given good. d)which of the following is the most likely result?

a)some other rationing device will emerge to allocate the good among buyers.

b)some buyers and sellers will be willing to risk breaking the law in order to exchange the good at a price above the equilibrium price since there would be a shortage of the good at the price ceiling.

c)no change will occur in the market.

d) brute force will be used to allocate the good among buyers.

e)a, b, and d

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 18:20
Alyeska services company, a division of a major oil company, provides various services to the operators of the north slope oil field in alaska. data concerning the most recent year appear below: sales $18,000,000 net operating income $6,300,000 average operating assets $35,200,000 1. compute the margin for alyeska services company. (round your answer to 2 decimal places.) 2. compute the turnover for alyeska services company. (round your answer to 2 decimal places.) 3. compute the return on investment (roi) for alyeska services company. (round your intermediate calculations and final answer to 2 decimal places.)
Answers: 1
question
Business, 21.06.2019 20:20
The 2016 financial statements of the new york times company reveal average shareholders’ equity attributable to controlling interest of $837,283 thousand, net operating profit after tax of $48,032 thousand, net income attributable to the new york times company of $29,068 thousand, and average net operating assets of $354,414 thousand. the company's return on net operating assets (rnoa) for the year is: select one: a. 3.5% b. 6.9% c. 13.6% d. 18.7% e. there is not enough information to calculate the ratio.
Answers: 1
question
Business, 22.06.2019 10:30
How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.
Answers: 1
question
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
You know the right answer?
Suppose the government imposes a price ceiling above the equilibrium price of a given good. d)which...
Questions
question
Health, 21.06.2019 19:50
question
Mathematics, 21.06.2019 19:50
Questions on the website: 13722361