Production and sales estimates for June are as follows: Estimated inventory (units), June 1 8,000 Desired inventory (units), June 30 9,000 Expected sales volume (units): Area X 4,000 Area Y 10,000 Area Z 6,000 Unit sales price $25 The budgeted total sales for June is

you're crazy if you think that someone is going to write a 500 word report for you.

answer(b) equal; set period;

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.