why does a surplus exist under a binding price floor?

Answers

Answer 1

Answer:

it makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market.


Related Questions

fob destination means that goods are owned by the buyer as soon as ______.

Answers

FOB Destination describe goods whose risk will be catered by Seller until being delivered to the buyer.

FOB Destination is an acronym for "Freight on Board" Destination

The FOB Destination is a marine term used to describes that legal title of goods belongs to the Seller until they are delivered to buyer.

In other word, its means that seller of a product owns the risk of loss on a goods until its is delivered to the buyer.

In conclusion, the term states that the goods are owned by the buyer as soon as it is not delivered to the buyer.

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What people need to make a phones?

Answers

Answer:

Some electronic gadgets wires and all other stuff

The inflation rate measures the A. percentage change in the price level from one year to the next year. B. percentage change in the quantity of goods and services consumed by urban consumers. C. cost of the CPI market basket at base period prices divided by the cost of the CPI market basket at current period prices. D. cost of the CPI market basket at current period prices divided by the cost of the CPI market basket at base period prices. E. average price of the goods and services consumed by urban consumers.

Answers

Answer:

Its D

Explanation:

All of the following are advantages to the franchisor except a. fast and selective distribution of products. b. a freeing up of capital for expansion of goods and services. c. no involvement in national advertising campaigns. d. gains from the franchisee's high motivation. e. assurance of how the outlets will be maintained and operated.

Answers

The statement that does not explains advantages to the franchisor is B:no involvement in national advertising campaigns.

The franchisor can be regarded as the original or existing business which give out its name out on a price for other business to have the right to use the name and idea.

The franchisor then is responsible for continual guidance as well as  support as regards general business strategies.

One of the advantage of a franchisor is that they provide high motivation to the business under them.

Therefore, franchisor give out their name fir a price.

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the price elasticity of demand of a straight-line demand curve is

Answers

Explanation:

Elasticity along a straight line demand curve varies from zero at the quantity axis to infinity at the price axis

Consider a Malthusian economy. For each of the following scenarios, use the diagrams to illustrate what happens to a country’s population size and living standards, ceteris paribus. Clearly explain what happens to the equilibrium and describe the transition to the new equilibrium if any.a. Marrying late slows down population growth.b. An earthquake kills half of the population and destroys half the land.

Answers

In the situations presented, what happens to the population and living standards is that they improve significantly avoiding a Malthusian catastrophe.

Malthusianism is a sociological concept that refers to the theory developed by Thomas Malthus in which he states that population growth at the rate that is being done will result in a decrease in resources for life, that is what he defined as Malthusian catastrophe.

According to the above, the situations presented would be a way of delaying the Malthusian catastrophe because if people marry late, the probability of having children is reduced for biological reasons. In addition, the number of children is going to be reduced.

On the other hand, if an earthquake occurs that destroys half the world and kills half the population, the Malthusian catastrophe is delayed because the available resources would increase in relation to the existing population.

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24. When documenting animal data, what is typically not included in the record?


pedigree
breeding plan
weight
estimated lifespan

Answers

the answer is most likely breeding plan. i may be wrong though. hope this helps

DeShawn formed a hiring committee for his advertising company. Six employees (including two managers) met to discuss applicants and select the finalists for a copywriter position in the public relations department. Although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because they sent forward a candidate they believed would be a good work colleague, and their input facilitated the ultimate decision. In setting up this type of hiring process, the head of public relations was utilizing a(n) __________ style of leadership.\

Answers

The head of public relations utilized a leadership style called democratic or participative style.

The democratic leadership encourages the active participation of the members of the hiring committee, who select the finalists for the position.

Decision-making is shared between the hiring committee and the head of the public relations department.  The hiring committee carries out candidates evaluations to guide the final decision by the head of the department.

As the direct opposite of the participative or democratic leadership style, the autocratic style does not encourage the committee to decide the final candidate for the position.

Thus, a democratic leadership style is participative and encourages input from members of the selection group.

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what is a consequence of not having health insurance?

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A consequence of not having health insurance is:

A person may not be able to afford healthcare if he falls ill

Health insurance is the type of insurance where a person pays a premium periodically to cover the medical costs in case of an illness, surgery or any other health related problems.

This is important because:

It protects the insured from unexpected medical emergenciesSome health services come at a subsidized rate for such personSome preventive measures are available at no cost, etc

Therefore, one consequence of not having a health insurance is that any sudden medical emergency can catch a person unawares and he would not be able to afford treatment.

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southerners complained that their economy was crippled by the __________.

Answers

Answer:

tariff of 1828

Explanation:

What two cultural factors influenced the variety of Chinese lays potato chip flavors

Answers

The two cultural factors that influenced the variety of Chinese lays potato chip flavors are Regional tastes and preferences and Chinese cuisine and ingredients.

What are tastes and preferences ?

Tastes and preferences refer to an individual or group's personal likes and dislikes when it comes to food, drink, or other things.

In the context of food, tastes and preferences are influenced by factors such as culture, upbringing, personal experiences, and health considerations.

The Regional tastes and preferences and Chinese cuisine and ingredients are the  cultural factors that influenced the variety of Chinese lays potato chip flavors.

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When you start a new job, you receive a form that you use to prove that you are eligible to work in the U.S. What is this form?

Answers

I believe it's a Work Permit.

which general staff member negotiates and monitors

Answers

Answer:

The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.

a demand curve shows the relationship between price and _________________ on a graph.

Answers

Answer:

relationship between price and quantity demanded

Explanation:

Plz Mark Brainliest

A demand curve shows the relationship between price and quantity demanded.

What is the demand curve?

The demand curve is a downward sloping curve that shows the relationship between price and quantity demanded. The relationship between price and quantity demanded is negatively related. As price increases, the quantity demanded decreases and as price decreases, the quantity demanded increases.

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what is the name of the cost allocation method used for intangible assets?

Answers

Answer:

coast allocation for assets is known as amortization. for intangibles. Depreciation, depletion, and amortization are processed of. cost allocation, not valuation.

goal displacement, satisficing, and groupthink are:

Answers

Goal displacement, satisficing, and groupthink are the advantages of group decision-making.

Group decision-making simply means the process where several individuals act collectively in order to analyze a particular problem.

During group decision-making, several ideas are considered and the best approach or idea is chosen in order to achieve a particular goal.

Some of the advantages of the group decision-making include goal displacement, satisficing, and groupthink.

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Which person used a cost-saving strategy when deciding how to spend their money?

a. when selecting a new tablet, Rosita carefully read about the features of each model.

b. when purchasing a new jacket, Thao chose the one that was manufactured locally.

c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.

d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.

will give brainliest!

Answers

d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
(cost-saving)

The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.

What is cost-saving stategy?

The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business

What is a dirt bike?

The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.

Hence, option D is the correct answer

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with a variety of different brands, marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.

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With a variety of different brands, Marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.

Marketing

According to the given question, Marriott needs a strategy that would best help her provide her customers with accommodation based on their different needs.

The best type of strategy that Marriott needs to undertake would be a marketing strategy.

This is because, when she starts to market to her customers, then she would be able to know their various needs and serve them based on those needs.

Therefore, the correct answer is marketing

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Which is NOT a main goal of advertising?
To evaluate: gives a company a measure of how many customers it reaches.
To persuade: shows why the brand is the best.
To inform: introduces a brand new company, product, or service.
To remind: reinforces the brand message.

Answers

Answer:

to remind

Explanation:

because you need to persuade people and inform people and before you do that you have to evaluate

All of the following are important to consider when deciding if a vocational
school is right for you except
A. the lack of general education,
B. how new the school buildings are.
C. the duration of the program.
O D. the range of career options.

Answers

B. how new the school buildings are

Hope this helps!

Answer:

b.

Explanation:

just took the test

Given information about the economy of Pakistan, calculate Pakistan's GDP. Note that the currency of Pakistan is the rupee. Assume that the values are all current and no conversions need to be made. The government spends 3.40 trillion rupees. Individuals consume 9.60 trillion rupees. Individuals save 5.01 trillion rupees. Businesses invest 1.40 trillion rupees. Foreigners invest 0.70 trillion rupees. Pakistan imports 2.33 trillion rupees. Pakistan exports 1.23 trillion rupees. Pakistan's GDP is _________ trillion rupees.

Answers

The Gross domestic product of Pakistan is 13.30 trillion rupees

The gross domestic product (GDP) of country is the total value of all the goods and services a country produces in a year.

GDP can be calculated using the expenditure approach. The expenditure approach entails adding the total amount spent by consumers, government and businesses in the production process.

GDP using the expenditure approach = amount spent by consumers + business investment + Government spending + (export - import)

9.60 + 3.40 + 1.40 + (1.23 - 2.33) =

9.60 + 3.40 + 1.40 -1.10 = 13.30 trillion rupees

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what is the name of the file management application?

Answers

Answer:

Traditional file management applications such as File Explorer — the de facto file manager in Windows — are powerful enough only as far as personal use is concerned. Put simply, they are basic tools designed to help users manage files and folders on local computers.

Katy Mills Mall contains two department stores, numerous specialty stores, a multi-screen movie theater, and various restaurants. Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.

Answers

Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.

Regional

A regional shopping center is a large shopping area which is meant to provide goods and services to people living in a particular area or state and must contain at least a departmental store, and any number of speciality stores.

According to the given question, we are told that Katy Mills Mall has two department stores  which are specialty stores, a movie theater and various restaurants.

However, because this shopping center does not contain any convenience stores, then it is a regional shopping center

Therefore, the correct answer is Regional

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Creating and providing improved working conditions has created a number of emerging careers.
True or false

Answers

Answer:

true

Explanation:

because if you improve the way thing look and the way thing work people will find working there amusing.

what is the primary cause of failure for strategic initiatives?

Answers

Strategic initiatives are the ways through which a company translates its goals, objectives and visions into practice.

Raising of brand awareness, Launch of customer-facing retail outlets, Establishment of online channel for sales of products are examples of Strategic initiatives in a company.

The major reason for failure of strategic initiatives is the inability of decision-makers in a company to understand the relevance and how to measure progress.

Therefore, the primary cause of failure for strategic initiatives is ignorance about monitoring of progress.

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Answer:

Improper execution

Explanation:

What does SSQ stand for?

Answers

Answer:

Special Skills Qualification (most likely)

Explanation:

There are many different things it could stand for, however since you did not specify the context of this, I am assuming it would be this as it is most common.

Special skill qualification

when ramiro inspires his employees to do their best to help the organization meet its goals, he is:

Answers

He is Inspirational

When ramiro inspires his employees to do their best to help the organization meet its goals, he is leading.

Who is a leader?

This is a person that has the qualities and the capacity to drive a group in the right direction.

A leader has to be someone that is inspirational. As a leader, Ramiro should be able to help the organization to attain their goals.

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what are the two ways a company can translate its low-cost advantage over rivals into attractive profit performance?

Answers

1. Doing a better job than rivals by performing value chain activities more cost-effectively.

2. Revamping the overall value chain to eliminate or bypass cost-producing activities.

Hope it helps!

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John has just paid off the full balance of his credit card. What happens to the
debt?

a. John will be paid an interest
b. It is added back to his credit limit to be used again
c. His credit limit will be increased
d. It remains a debt

Answers

Answer:

I think the answer is B. If It's correct please give the brainliest award.

John has just paid off the full balance of his credit card. It is added back to his credit limit to be used again. Thus the correct option is B.

What is a credit card?

A credit card is referred to as plastic money that allows an individual to do shopping or buy products above the limit of credit cards by borrowing from the bank.

When an individual paid off the full balance of his credit card. It gives a good impression on the lender and helps in improving the credit rating of an individual and can allow for ease in accessing loans.

When an individual pays off the full balance that amount is added to the account and the credit limit can be used again. when the payment is not made timely the interest will be charged at a particular rate.

Therefore, option B is appropriate.

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It is a strong drive to achieve goals and objectives through focus and proactive follow-through.


a.
Consistency


b.
Coordination


c.
Competence


d.
Commitment

Answers

Answer:

C

Explanation:

Competence gives you the ability or skill to do something

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